Thursday, October 21, 2021

New non-bank lender TechLend secures $50m in additional funding

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Non-bank lender TechLend has secured $50m funding from Silicon Valley venture debt and growth credit fund, Partners for Growth, to turbocharge growth in its home loans business.

Vistaprint grants to give Australian SMBs some much needed support

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Research revealed that more than 1.1 million SMBs have made significant sacrifices in the past year to stay afloat. Due to a national call out to entrepreneurs, Vistaprint and 99designs by Vistaprint is offering much-needed support to six inspiring SMBs across Australia.

Qualys Inc enters into an agreement for acquisition of TotalCloud platform

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Qualys Inc, a pioneer and leading provider of disruptive cloud-based IT, security and compliance solutions, announced it has entered into an agreement to acquire TotalCloud, a cloud workflow management and no-code automation platform.

Acoustic deepens investment to accelerate growth in ANZ

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Acoustic, an independent marketing cloud and analytics provider announced the expansion of offices in Sydney and Melbourne as well as the launch of a cloud-based data centre.

Family finance fintech startup Spriggy raises $35m for a cashless future

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Spriggy announced raising $35 million in a Series B round led by NAB Ventures, with significant investments also made by Grok Ventures and Perennial Value Management.

Aussie start-up Ofload raises additional AU$3.8m to accelerate push for road freight sustainability

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Sydney-based logistics start-up Ofload has raised an additional AU$3.8M following increased backing from seed investors Maersk Growth and Global Founders Capital and pre-seed investor Flash Ventures, alongside new investor Foundamental.

Sydney startup FreeGuides raises $360k funding at a $2.5m valuation

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FreeGuides announced the closing of its seed funding round having secured $360,000 in funding from Scalare Partners, Little Fish VC, and Malik Irfan at a $2.5M valuation.

North America goes on an Australian business buying and merging spree

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North American buyers invest twice as much in the first half of 2021 in Australia as they did for all of 2020, offsetting the loss of Chinese investment

LaunchVic searching for a $120m Victorian startup fund manager

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LaunchVic released a request for proposal (RFP) for a Fund Manager to run the Victorian Startup Capital Fund (VSCF), a Fund of Funds announced in the Victorian Budget 2020/21.

Culture Amp raises US$100m to help organisations in new world of work

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Culture Amp, the world’s leading employee experience platform has announced a valuation of over USD$1.5 billion through a recent USD$100 million Series F funding round.

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