Friday, July 1, 2022

Clearco enters Australia with $100 million investment commitment

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Clearco is a globally recognised e-commerce investor and that is revolutionising the way founders grow their businesses, announced its formal launch into Australia, with a commitment to invest AU$100 million into digital pioneering Australian businesses.

Leo Capital attracts global investors for India targeting a $125 million fund

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Leo Capital to launch a new fund following India's receipt of a record $35b in venture funding from global investors. Over the past 3 years, Leo Capital has raised $106m for two funds from investors around the world seeking technology-centric opportunities in India and Southeast Asia.

Rialto Markets CEO predicts more change for private security trading

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Rialto Markets aims to transform a private securities market forecast by Forbes to reach $30 trillion by 2030, up from $7 trillion in 2021. In an exclusive interview, pioneering fintech company Rialto Markets CEO Shari Noonan revealed aims to impact the private securities market and private equity crowdfunding through secondary trading and its SEC and FINRA regulated ATS (alternative trading system).

Testsigma raises $4.6m to launch open source test automation platform

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With a mission to make test automation simple and scalable, Testsigma has secured a $4.6M seed funding led by Accel and STRIVE, with participation from BoldCap and a host of well known entrepreneurs and operators.

Netcore Cloud takes majority stake in Unbxd Inc, after $100m investment

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Netcore Cloud, an SaaS company in customer communication, engagement, and retention, bets big on Personalization with its investment of close to $100m to acquire a majority stake in US-based, search-personalization company Unbxd Inc. It will also be infusing additional funding into Unbxd to propel the company's growth in developed markets. Founded by Pavan Sondur and Prashant Kumar in 2012, Unbxd is a 120-member team and has built a best-in-class AI-powered Product Discovery suite.

EG seeks to lift the Proptech market, launches $100 million incubator EGX

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Managed property fund EG announced the launch of EGX, a technology incubator aimed at helping build the future of the property and real estate industry across ANZ and globally. Initiated in 2021, EGX already holds a portfolio investment of AUD $100m and is supporting three innovative and high growth firms spanning a wide range of growth areas in the Proptech market like digital twins, data analytics and intelligence, sustainability, and more.

Mr Yum raises $11m in post-seed funding from TEN13 & AirTree in hospitality, tech...

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Heavy hitters from the tech, hospitality and entertainment industry also participated in the round, including US based Australian NBA-star Patty Mills of the San Antonio Spurs, internationally acclaimed electronic dance artists Rüfüs Du Sol and Shark Tank’s Andrew Banks.

Lukasz Gadowski’s focus on support and investment in existing portfolio as well as own...

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We want to reflect this global presence and our philosophy of connecting people through business in our name. That’s why Team Europe is now renaming itself Team Global.

SourseAI raises $1.5m to drive data informed decision making at SCA

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SourseAI, an AI and machine learning platform for decision augmentation, has secured $1.5 million in funding to negate gut decision making in the media, telco and utilities sectors.

TOMORROW Super to launch first digital managed account platform

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With a $5m pre-IPO funding round, TOMORROW will deliver a low cost, hassle free, transparent and financial advisor friendly solution to customers looking to take control of their wealth.