Family office · 3 deals

Costa Asset Management

Disclosed deals

Every published round Costa Asset Management took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.

Company	Stage	Announced	Amount	Role	Alongside	Sources
Sensand	Unnamed stage	7 Jul 2023	$6m	Participant	Robert Costa	AgFunderNews, Australian FinTech, Startup Daily, SmartCompany
LAB Group	Unnamed stage	17 Mar 2021	$4m	Participant	-	Cut Through Venture, SmartCompany
Symple Loans	Series C	Jan 2020	$11m	Participant	Welas Investment Fund	Australian FinTech (Mon 22 Feb 2021), Australian FinTech (Mon 9 Dec 2019)

Portfolio

Companies Costa Asset Management has backed in a published round, and companies whose existing shares it bought off another holder.

Company	First invested	Rounds
LAB Group	17 Mar 2021	1
Sensand	7 Jul 2023	1
Symple Loans	Jan 2020, Series C	1

Funds

Fund closes reported for Costa Asset Management, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for Costa Asset Management yet.

Portfolio companies acquired

Companies Costa Asset Management has backed that another company then bought. An exit for the holding, not a deal Costa Asset Management did.

Company	Bought by	Kind	Announced	Price
Symple Loans	Latitude	Acquisition	10 Aug 2021	$200m

People

Name	Role	Sources
Liza Whitmore	Chief	SmartCompany, Australian FinTech
Robert Costa	Chair (former)	AgFunderNews, Australian FinTech, Startup Daily, SmartCompany

Coverage

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

19 deals

The Week in AgriFoodTech: Aphea.Bio scores $78m for biologicals, Do Good Foods files Ch. 11, Chipotle’s avocado robots

Weekly agrifoodtech roundup reporting numerous funding rounds including Aphea.Bio, Bobbie and Sensand, a Coca-Cola-backed venture fund close, Do Good Foods' bankruptcy filing, and The Andersons acquiring Bridge Agri Partners.

Also AgFunderNews

11 deals

Nine Aussie startups that raised $107.35 million this week

Weekly roundup detailing nine Australian startup funding rounds totalling $107.35 million, spanning pet e-commerce, quantum sensors, proptech, agtech, EV charging, sailing apparel, marketing tools, consumer goods and pregnancy wearables.

Also Startup Daily·Australian FinTech·SmartCompany·AgFunderNews

4 deals

The startup funding round: Fintech frenzy continues, $50 million for cancer biotech, and Stripe's $122 billion valuation

Weekly roundup reporting QBiotics' $50 million raise, LAB Group's $4 million from Costa Asset Management, Hudled's $640,000 backing, and Stripe's US$600 million round at a US$95 billion valuation.

Also Cut Through Venture

Series C $11m

Symple completes $11 million equity capital raise to accelerate its profitable growth strategy

Symple Loans has closed an $11 million Series C round led by existing shareholders, with new investors Costa Asset Management and Welas Investment Fund, to fund growth and cut loan capital costs.

Australian FinTech Mon 9 Dec 2019 Symple Loans National Australia Bank Costa Asset Management Welas Investment Fund Bob Belan Liza Whitmore

Also Australian FinTech

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