Company
Every investor coverage indicates participated in a round Ferrari raised.
Companies Ferrari acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Ferrari. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
AuManufacturing columnist Peter Roberts laments the cut-price sale of wheel maker Carbon Revolution to US backers and reports plans for Mexican production, citing Tritium's offshore shift as another local manufacturing loss.
Geelong carbon wheel maker Carbon Revolution added four US automotive directors and lined up a financing of up to US$110 million with Orion Infrastructure Capital before its expected US sharemarket debut.
Exor and Impala are creating a holding company to put €300m into TagEnergy, the renewable developer whose projects include Australia's largest wind farm, which has also just raised €570 million in green bonds.
The Geelong wheel maker reports progress on its planned merger with a US SPAC and American listing, including audit work, new programmes and an estimated funding need, but no money has yet been raised.
Profile of Carbon Revolution's automated Mega-line expansion at its Geelong factory, noting the carbon fibre wheel maker's $95 million April raise, FY21 loss, and wheel selections by Ferrari, Ford, Renault and GM.
Roundup of Australian manufacturing news: Hemideina's $10 million raise, ARENA funding an electric bus fleet trial, Pure Hydrogen taking a stake in H2X, plus updates on Carbon Revolution, Li-S Energy and Lynas.
Carbon fibre wheel maker Carbon Revolution reported lower revenue and a FY2021 loss, citing pandemic impacts, while expanding production with new wheel programs, including Ferrari models, backed by a recently completed $95 million capital raising.
Carbon Revolution, a Geelong carbon fibre wheel maker, announced plans to raise $95 million for a new mega production line, reported Q3 FY21 growth, and disclosed OEM program agreements including electric vehicle work.
An interview with the founders of Fitafy, a Perth dating app for active people, covering its $430,000 seed round, its origins as an Instagram joke, and its rebrand from Fitfam Findr.
Wheel maker Carbon Revolution completed a $25 million institutional placement and announced a $3 million share purchase plan to strengthen its balance sheet against COVID-19 disruption, months after listing.
Fifteen companies received defence innovation grants totalling $28 million through the Defence Innovation Hub, including Carbon Revolution for Chinook helicopter wheels; the Geelong firm also completed a convertible note raising in June.
Also @AuManufacturing