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Heavy hitting global VCs Temasek and Tencent back NFT gaming startup Immutable in $280 million Series C

Sydney NFT gaming firm Immutable raised a $280 million Series C valuing it at $3.5 billion, led by Temasek with Tencent and Animoca Brands, six months after an $82 million raise.

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Ignition Lane's Weekly Wrap: The Great Reengagement, backing Web3, riding the markets & the big local raises

Ignition Lane's weekly tech roundup: AirTree raises $700m across three new funds, dozens of Australian startups announce rounds, a wave of acquisitions including Block completing its Afterpay buy, plus Web3 commentary and US market moves.

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The scoundrels and stars of Adam Schwab's 2021 Business Awards

Satirical awards column recalling 2021 business failures and wins: Hosking's Redbubble share sale, Greensill's collapse, GetSwift's downfall, Better.com's layoffs and funding, Moviepass's sale, and Digital World's Trump SPAC deal.

US investment giant Tiger Global leads $40 million raise into Australian-based digital broker Stake

Tiger Global led a $40 million round into Stake, an Australian zero-brokerage trading platform, with DST Global partners joining. Previously bootstrapped, the company will use the capital to expand internationally.

Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Australian FinTech

Micro-influencer startup Tribe raises $5.5 million in pre-IPO capital, amid tech frenzy on the ASX

Australian micro-influencer marketplace Tribe has secured $5.5 million in pre-IPO funding from Saville Capital, Cyan Capital and SG Hiscock, with chief executive Anthony Svirskis weighing an IPO amid strong public-market appetite for tech stocks.

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NFT firm Immutable valued at $2.5bn in Temasek-led financing

Sydney-based NFT gaming firm Immutable has secured $200 million in new backing spearheaded by Singapore's Temasek, valuing the company at $2.5 billion; Tencent, Mirae Asset, ParaFi Capital and Declaration Partners also joined.

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