Ledger.

Company

BigCommerce

Sydney, NSW

Coverage

Stories naming BigCommerce. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Fund close $500m

Telstra Ventures banks $500 million for Fund III focused on 'c'

Telstra Ventures has completed a third fund worth half a billion dollars, drawing on dozens of new and existing backers, with early cheques already written into fifteen companies including FTX and Forage.

Also Startup Daily·Techboard

2 deals

Tiger Global doubles down on used car startup Carma’s $75 million Series A

Carma raised a Series A backed by General Catalyst, Tiger Global and others, following its 2021 seed round, to fund expansion, inventory growth and new reconditioning facilities.

Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily

2 deals

Micro-influencer startup Tribe raises $5.5 million in pre-IPO capital, amid tech frenzy on the ASX

Australian micro-influencer marketplace Tribe has secured $5.5 million in pre-IPO funding from Saville Capital, Cyan Capital and SG Hiscock, with chief executive Anthony Svirskis weighing an IPO amid strong public-market appetite for tech stocks.

Also Startup Daily·Cut Through Venture

2 deals

Aussie-founded fintech Fast raises $131 million, as founder Domm Holland eyes up a future beyond payments

One-click checkout company Fast raised a US$102 million Series B led by Stripe and Addition Capital, with earlier backers participating, as co-founder Domm Holland plans expansion into identity verification beyond payments.

Also SmartCompany·Startup Daily

Exit / M&A

5 things you should know about tech today

Roundup covering Checkout.com's acquisition of Perth payments firm Pin Payments, Amazon's bid interest in Zoox, Google's office reopening plans, Twitter's Trump fact-check, and Virgin Orbit's failed rocket launch.

Also Australian FinTech·Startup News (WA)

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