February 2021, Year 30 Issue No. 316

 

newsletter

New Funds & Fundraising

• $1.24bn raise ends challenging year
• $600m venture fund closed
• Software investment firm achieves $50m first close
• Clean energy investor backs mid-market fund
• Firms link to launch fundraising for $300m tech fund
• Debt-funding investment for early-stage tech businesses
• Software business backs New Zealand seed fund

Investment Activity

• $2.5bn offer for listed waste disposal company
• Offer withdrawal gives advantage to private equity firms
• Listed infrastructure fund rejects $5.1bn bid
• Private equity firm takes in laundry
• Canadian strategic investor leads $30m agtech round
• Biscuit-maker adds cereals and snacks business
• Deal-by-deal firm makes first investment
• $100 million for rooftop renewable energy financier
• Investment firm takes $68.8 million fast food bite
• UK-based firm invests in Australian medical practices
• Activist investor takes stake in Australian-funded start-up
• Software entrepreneur leads medtech capital raising
• $45m funding for business intelligence software
• $18m for rapidly commercialising med-tech start-up
• $NZ20m for e-waste to precious metals plants
• $57m investment in familiar sector
• Super fund to co-invest in sustainable infrastructure
• $US6m seed round for cultured meat company
• $3.25m venture backing for AI and robotics start-up
• Athletes' syndicate invests in fast food
• New Zealand firm backs Australian expansion plans
• $US300m South-East Asia venture fund makes first investments
• $6m in new funding for telehealth platform
• Fashion re-sale platform raises initial $1.2m
• New funding for drug which could combat COVID-19
• Venture firm backs workflow analysis
• New Zealand share-trading platform to target Australia

News

• EDITOR'S LETTER - Venture raisings set new record
• New firm takes out industry award
• Sovereign wealth fund's private equity allocation down
• R&D tax incentives ‘should support software development'
• New chair for government-backed funds manager
• Entrepreneurs and investors sought for tech development program
• Accelerator plans expansion
• Executive dies suddenly
• New name announced for merged super funds
• First live private capital event of 2021!

Performance

• Mid-market firm to make its first exit
• Recently listed investee posts strong rise
• Private equity investee in administration
• Bionics company lists on the ASX
• Exit return confirmed
• ASX-listed company to acquire venture-backed fintech

Informal Venture Capital

• Prescriptions app raises $NZ2.6m online

Investee News

• Merger to scale up online home loan business
• Cybersecurity company recruits new head of sales
• Satellite connectivity for local councils
• Asian focused business makes key appointment
• Venture-backed company launches new health drinks

Features

• ESG reporting: demands and challenges
• REARVIEW MIRROR

People Moves

• Super fund appoints new chief executive
• Super fund makes portfolio construction appointment

Conferences & Roundtables

• Coming Events