Tuesday, August 16, 2022

Space industry hub set to launch Victorian expertise into global markets

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This funding will establish several flagship research projects aimed at connecting local capability with booming space industry markets both in Australia and globally.

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.

Airwallex raises $200m Series E funding led by Lone Pine Capital

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Airwallex, a global fintech platforms has announced that it raised US$200 million in an oversubscribed Series E financing round, increasing the company’s valuation to US$4 billion.

Dubai-based AlgoDriven raises $2 million in Series A funding round

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AlgoDriven, through Global Ventures, the Dubai-based venture capital firm successfully raised $2 million in a Series A funding round. There were some other participating investors in the series such as Automotive Ventures, an Atlanta-based venture capital firm, AlgoDriven's first international investment, Spartech Ventures, otf Wadi, Driven Capital Partners and DTEC Ventures.

Alternative funds transform approach to ESG, talent and new products

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The global alternative funds industry has navigated pandemic disruptions and uncertainty with firms considering ways to pivot transformation. Surveying 210 managers and 54 investors globally, including China, Singapore and Australia in Asia-Pacific, the survey offers key insights into the perspectives of alternative fund managers and the institutional investors who allocate to these asset classes.

Personetics secures over $160m and accelerates their global expansion

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Personetics, the leading global provider of financial-data-driven personalisation and customer engagement solutions for banks and financial services providers, announced it has raised $85m in growth funding from Thoma Bravo, a leading software investment firm. Personetics doubled its valuation and secured funding of over $160m in 2021, backed by Viola Ventures, Lightspeed Ventures, Sequoia Capital, Nyca Partners and Warburg Pincus PE.

Elliptic strengthens Asia presence after hiring MAS Veteran Tung Li Lim

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Elliptic, a leader in crypto risk management appointed Tung Li Lim as Senior Policy Advisor. The regulatory landscape in Asia is rapidly evolving as each jurisdiction seeks to enable innovation, while safeguarding the stability of its financial system.

The high speed rail can generate economic growth to help pay for itself

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Land value growth could be used to fund the proposed high-speed rail network on the east coast of Australia, The University of New South Wales (UNSW) research shows.

Language Confidence announces seed funding of AU$ 2.05 million

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Sydney, Australia – Language Confidence today announced a US$1.5 million (A$2.05 million) Seed round, from WaveMaker Partners and Investible, to automate the teaching and testing of spoken English.

Looking to invest in property? Here are 5 hot tips to keep in mind...

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Princeton adopts corporate governance by using the services of a custodian who holds investor funds, securities, external auditors, independent credit and compliance committees.