Boss, Fairfax Media
Stories naming David Kirk. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Bailador's stake in DASH has grown 59% to $44.7m after the Sydney-based fintech signed a fresh raise at a higher valuation; the piece also recalls its earlier investments and stakes in PropHero and Rosterfy.
Weekly roundup detailing six Australian raises: Q-CTRL's Series B extension, plus fresh capital for Mutinex, Atelier, Rosterfy, Build Club and Axify.ai, naming lead investors and founders throughout.
Sydney fintech Dash secured a $22 million round led by ASX-listed venture investor Bailador, which commits $15 million upfront plus $5 million early next year; two Bailador partners join Dash's board.
Sydney AI property-investment platform PropHero raised a $25 million Series A led by Bailador, who provided half, with five other investors participating; Bailador co-founder David Kirk joins PropHero's board.
Also Capital Brief·Startup Daily·realestatebusiness.com.au·proptechnews.com.au·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia·proptechaustralia.com.au
US software company NetApp is buying Canberra data platform Instaclustr in a deal reportedly exceeding $500 million, nine years after its founding, rewarding early backers including ANU Connect Ventures and Bailador.
Venture firm Touch Ventures debuted on the ASX, raising $100 million in its IPO and closing sharply higher; Afterpay backed it, and the firm recently put $1 million into Refundid's seed round.
Tech roundup: WeWork pulls its US float, a listed VC writes down its Stackla stake, Investible closes its debut fund, NAB loses its cloud chief, and a payments firm's shares surge.