Leading content enablement platform, Templafy raises $60 million in funding
We’ve seen Templafy’s technology step into an even more critical role for enterprises over the last year as everyone grapples with the right tech solution for the future of work
Centenary Bank sinks UGX 496Million into the Masaza Cup Tournament
The 2020 Masaza Cup tournament is set to commence on 12th December at the FUFA Technical Center in Njeru, Buikwe district, an activity that will only be televised for fans to watch on-screen, unlike in the past where crowds gathered to support their clan teams.
Angel investment groups to receive funding to grow Victorian startups
Three new angel investor networks backed by the Andrews Labor Govt through LaunchVic are set to unlock as much as $9m in early-stage capital market over the next two years. Minister for Innovation, Medical Research and the Digital Economy Jaala Pulford announced $900,000 in grants from the Labor Government’s agency LaunchVic overnight while at the Victorian Startup Ecosystem Gala. The grants will help the angel groups to establish operations in Victoria and invest in more than 40 up-and-coming local startups.
Nexeon raises over $200m to fund battery materials manufacturing
Further to the announcement of its strategic partnership with and investment from SKC on 26 January 2022, Nexeon, a battery materials developer and manufacturer has completed the second close of its fundraise resulting in a total investment of $170m. A further $50m of investments is being made in Nexeon’s technologies as a result of the investment round.
Elite scholarships put ten more athletes on the path to greatness
Ahead of the sport’s Olympic debut at Paris 2024, 14-year-old break-dancer Jeff Dunne has been named as the youngest of 10 new recipients of a Tier 2 scholarship in Sport Australia Hall of Fame’s Scholarship & Mentoring Program. The 10 athletes, who include three Birmingham 2022 Commonwealth Games medallists, will each receive a grant of $5,000 plus support from SAHOF and its esteemed member base over the next 15 months.
Taking the pain out of paint sees Aussie décor brand Tint crowdfund
Tint, Australia’s fastest growing online paint company has recorded $5 million in annualised sales in 2021 with their continued success seeing them brush up the trade industry and launch an equity crowdfunding campaign on Equitise. Their fresh and modern take on paint has already garnered the backing of notable investors Ben Gray, co-founder of BGH Capital; Leigh Jasper and Rob Phillpot, co-founders of Aconex; and Adam Lewis, ex-McKinsey Managing Director and now the company’s Chairman. Participating in this round is also Lina Calabria, co-founder of Bellroy.
Aussie private lender Sparrow Loans approved for $50m funding facility
Sparrow Loans has secured a $50m institutional funding line, reinforcing investor confidence in the business' expansion plans and reflecting the opportunities available in the private debt industry. Sparrow Loans is Australia's first female-founded private lender, directed by Ulrika Lobo. Since starting her business during the height of the pandemic in March 2020, Ulrika built a $17 million portfolio that has generated over $1.5 million in income for investors.
SiteMinder welcomes Fidelity in pre-IPO funding round of over $100m
SiteMinder, a leading open hotel commerce platform has announced a pre-IPO funding round of over AU$100 million which is comprising both primary and secondary capital.
Gintonica’s ginormous opportunity for gin lovers to get skin in the game
Gin lovers & investors are raising a glass to the opportunity of investing in the booming Aussie craft gin industry for just the price of a full-size bottle.
North America goes on an Australian business buying and merging spree
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