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Dan Murphys

Coverage

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

Seed £120k

Diageo Acquires Tipplesworth: A Strategic Pivot Toward Premium Ready-to-Drink Innovation

Spirits giant Diageo bought British premixed cocktail maker Tipplesworth for £112 million in March 2024; the article examines the deal's rationale, the brand's retail growth, and planned expansion into Canada, Australia and the US.

Funding announcement

Fermentum Grows Melbourne Footprint With Two Birds Brewing Purchase

Private-equity-backed drinks group Fermentum has bought Melbourne craft brewer Two Birds for $24.7 million, its sixth brewery; the piece also reviews the site's sustainability record and earlier sector consolidations.

Also glassandnote.com

11 deals

Eight Aussie startups that raised $36 million this week

Weekly roundup detailing new funding for eight local startups: home lending, document verification, farm water monitoring, alcoholic drinks, freight software, leaf protein, artist content sales and organic bedding, totalling over $36 million.

Also SmartCompany·SmartCompany

2 deals

Korean hangover drink Bae Juice sculls $1 million for US push

Bae Juice, a Melbourne maker of Korean pear hangover drinks, banked $1 million from gaming billionaire Laurence Escalante's family office and returning backer Honan Capital, funding local growth and a US push.

Also SmartCompany·SmartCompany·Early VC·Early VC·Forbes Australia

9 deals

Seven Aussie startups that raised $93.6 million this week

Seven Australian startups together banked over $90 million in the past seven days across venue software, hydrogen aviation, social media, craft brewing, plastics alternatives, aged-care robotics and accountant training.

Also Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Forbes Australia

3 deals

SEO startup Longtail UX bags $2.25 million from Woolworths and Lew family as e-commerce surges

SmartCompany reports SEO startup Longtail UX raised $2.25 million from Woolworths' W23 and Global Retail Brands, recalling earlier raises led by Investec and backed by Andrew Bassat and Sean Larcombe amid surging e-commerce demand.

Also Startup Daily

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