Startup · $65.8m raised
Sydney, NSW
Existing BioPak shares sold by the funds and people who held them. None of this money reached BioPak, and none of it counts in what BioPak raised.
| Sold by | Announced | Amount | Valuation | Bought by | Sources |
|---|---|---|---|---|---|
| Duni GroupGary Smith | 16 Dec 2022 | $65.8m | - | Five V Capital | SMH Business, packagingnews.com.au |
Every investor coverage indicates participated in a round BioPak raised.
| Investor | Rounds | Invested |
|---|---|---|
| Five V Capital | Unnamed stage | $65,800,000 |
Companies BioPak acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Gary Smith | CEO · Founder | Five V Capital portfolio, @AuManufacturing, Coterie Capital, Forbes Australia, SMH Business, packagingnews.com.au |
| Richard Fine | Founder | Forbes Australia, SMH Business |
Stories naming BioPak. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Five V Capital announces an investment in and partnership with BioPak, a Sydney-founded compostable packaging business, working alongside founder Gary Smith and existing shareholder Duni Group to fund future growth.
Manufacturing roundup: Noizend's grants and UTS work, PPK's planned Li-S share distribution, a Bathurst recycling trial, Aurecon's CETRI role, an ELA regulatory hire, BioPak's OzHarvest support, and ANSTO's reactor restart.
Coterie Capital says it has cashed out its Huskee stake after the cup maker's sale to Five V-backed BioPak, with bosses at all three companies calling the deal a sustainability win.
Five V Capital has agreed to buy 30 per cent of packaging brand BioPak at a $275 million valuation, per Street Talk; BioPak was sold to Sweden's Duni Group in 2018.
Fifteen organisations receive federal grants totalling $10.5 million via the National Product Stewardship Investment Fund to build product stewardship schemes for plastics, mattresses, coffee capsules, e-waste and other problem waste streams.
Mergr records growth capital firm Five V Capital's investment in BioPak, an Australian compostable packaging supplier, dated 1 December 2022, alongside the firm's other listed deals in DCA Group and Monson.
Also monson.com.au