Payments fintech DataMesh bags $30 million Series A
Sydney payments firm DataMesh Group has banked $30 million in Series A capital, with NAB Ventures at the helm and five newcomers joining; a $12 million pre-Series A from 2021 is also recalled.
Investor · 2 deals
Every published round Fifth Estate 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 |
|---|---|---|---|---|---|---|
| Marketplacer | Unnamed stage | Nov 2021 | $38m | Participant | Techboard, Startup Daily (Mon 13 Dec 2021), SmartCompany, Startup Daily (Mon 6 Dec 2021) | |
| DataMesh | Series A | 22 Feb 2023 | $30m | Participant | SmartCompany, Startup Daily, Australian FinTech, NAB Ventures portfolio |
Companies Fifth Estate has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| DataMesh | 22 Feb 2023, Series A | 1 | 0 | |
| Marketplacer | Nov 2021 | 1 | 0 |
Fund closes reported for Fifth Estate, as distinct from the investments it has made.
Companies Fifth Estate has backed that another company then bought. An exit for the holding, not a deal Fifth Estate did.
Stories naming Fifth Estate. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney payments firm DataMesh Group has banked $30 million in Series A capital, with NAB Ventures at the helm and five newcomers joining; a $12 million pre-Series A from 2021 is also recalled.
Marketplacer has banked a fresh $38 million injection from first-time and returning backers after a mooted 2021 float failed to proceed, with the money earmarked for growth in America and product development.