September 2021, Year 30 Issue No. 323

 

newsletter

New Funds & Fundraising

• $NZ130m first close exceeds venture firm's target
• Spin-out investment business to raise $460m first fund
• $947m raised for timberland fund
• Early-stage venture fund reaches $10m first close
• Female-focused venture fund nearing first close
• Government commits $19.75m to digital healthcare fund
• Second growth fund raises $530m
• Early-stage venture firm achieves $15m first close
• Quick fundraise for impact firm's second fund

Investment Activity

• Listed company in favour of $5.2bn increased offer
• Sydney Airport rejects $22.8bn revised public-to-private bid
• $3.2bn revised offer finds favour with listed company's board
• $72m round will take meat substitute company into Europe
• $US37m for marketing material management leader
• Global investor to take the wheel at New Zealand bus company
• $50m to grow Defence cyber tech supplier
• Private equity-backed dental business to acquire listed rival
• Investment business leads $40m profit-with-purpose round
• Impact investor backs epilepsy diagnosis technology
• Growth funding for ed-tech company
• Growth firm plans to triple penetration of virtual reality games
• $NZ17m will boost New Zealand legal tech's US push
• Venture funds and private investors back quantum science
• Growth fund sees global potential in fashion sleepwear
• Agriculture investor backs soil carbon monitoring
• $6.5m to boost mushroom-based meat alternative
• Blockchain bank guarantees gain venture backing
• Venture and impact funds back heat energy storage
• $5.7m for patient condition tracking technology
• Financial services company in $6.75m tech funding
• $4m to develop a better milk alternative
• Leading funerals business invests in online memorials
• Trans-Tasman childcare centres software merger
• Venture backing for interior design products sourcing platform
• $2.4m for hospitality jobs platform, despite lockdowns
• Venture firm in seed-funding for US software
• Venture backing for carbon capture and storage technology

News

• EDITOR'S LETTER - Global firm returning to local market
• New technology lobby body has powerful backing
• Report argues for more tax effective employee share schemes
• Incubator to run NSW space industry hub

Performance

• $350m exit will generate more than 2x return
• Fintech to be acquired by bank for up to $116m
• Future Fund increases focus on private equity
• Venture-backed med-tech lists on the ASX
• Space tech company launches on NASDAQ
• Tech investment company expects two IPOs
• Stake in radiology business close to changing hands
• Australian firm to re-invest returns in SPAC deal
• Investors in fintech start-up to receive quick return

Informal Venture Capital

• Retail chain takes stake in individual investors-backed pharmacy service
• Revenue-based finance firm backs in-home aged-care

Investee News

• Change at the top for global investor's listed investee
• Rapid technology can now identify COVID-19 delta
• $2m sought to expand training platform

Features

• Cryptocurrencies as alternative assets
• Rearview mirror

People Moves

• Investment director switches firms
• Venture firm promotes two women to partner
• Government-backed small business fund makes appointment
• Leading venture firm seeks head of investor relations

Conferences & Roundtables

• Coming Events