April 2022, Year 31 Issue No. 329

 

newsletter

New Funds & Fundraising

• Mid-market manager targeting $800m fund
• $100m first close for Sydney venture firm
• Activist investment firm backs growth raising
• Early-stage venture firm raises $40m seed fund
• $150m sought for second venture credit fund
• Experienced investors set up climate change firm
• Government funding for NZ early-stage venture fund
• Fund for female-led start-ups targets $NZ10-20m
• Crowdfunding platform raising healthtech fund
• Commitments sought for venture capital fund-of-funds
• Founders' syndicate seeks additional investors

Investment Activity

• Global firm leads $20bn bid for listed company
• Listed company signs up to $707m revised bid
• $8.9bn casinos acquisition delayed
• US firm acquires aerospace components company
• Private equity may be bidding for churches software company
• ‘Hype commerce' tech attracts $25m
• $30m funding for decentralised data analytics
• US firms complete $90m round for trading technology
• Growth investor to acquire telecoms construction system business
• Private equity interest report sees shares rise, then fall
• Growth firm takes majority stake in access control
• US venture firm backs New Zealand plant protein
• US firm leads new funding for legal tech
• $10.6m for SaaS foundation software
• $7.7m follow-on investment in digital healthcare
• Global firm has big plans for events software
• $NZ8.8m round to take COVID test to the US
• Māori organisation takes stake in investment firm
• Start-up plans global private equity access for individuals
• Government-sponsored fund backs business development software
• Sydney firm increases New Zealand healthcare stake
• State government funding for software company
• Early-stage firm backs auto repairs equipment marketplace
• Funding for indoor horticulture digital tech

News

• EDITOR'S LETTER - After a decade of growth, venture sector faces challenges
• Super underperformer moves to merge

Performance

• US acquisition to return venture investors up to 20x
• Exit to return 8x initial investment

Informal Venture Capital

• Angels-backed start-up acquired by US company
• WA health and medical innovation grants closing

Investee News

• Bolt-on acquisition for infrastructure advisory business
• Digital commerce company makes New Zealand acquisition

Features

• No talk provisions: has the battle been won?
• Rearview mirror

People Moves

• Sustainable investing head recruited by new super fund
• European firm appoints new local infrastructure head

Conferences & Roundtables

• Coming Events