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Herbert Smith Freehills

Coverage

Stories naming Herbert Smith Freehills. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Exit / M&A

Edify to accelerate giant solar and battery hybrid projects after $1.1 billion buyout by Canada's La Caisse

Canadian investor La Caisse has agreed to buy Australian solar and storage developer Edify Energy for $1.1 billion, aiming to fast-track two major hybrid projects, subject to regulatory approvals.

Also RenewEconomy

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

3 deals

WeMoney secures $3 million as it plans $10million+ fundraise after partnering with Mastercard

WeMoney closed a $3 million round from largely existing backers, following its 2020 seed and 2022 raises, and signed a Mastercard Open Banking deal while preparing a larger raise.

Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup News (WA)

Unnamed stage $5.2m

US, UK legal giants embrace Aussie automation start-up

Legal automation firm Josef banks $5.2 million in a round OIF Ventures led, with Carthona, Flying Fox, Jelix and Saniel participating, adding US and UK law firms as clients.

Also SmartCompany

Series B $20m

Digital marketing startup Metigy placed in administration with the loss of 75 jobs

Adtech startup Metigy has entered administration with Cathro & Partners appointed and 75 jobs lost, 20 months after a $20 million Series B; proptech Yabonza also entered administration last week.

Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily

Seed $6.8m

Hybrid work startup Calven raises $6.8 million seed round

Sydney workplace experience platform Calven has raised a $6.8 million seed round led by Airtree, with backing from Michael Gonski and the Gonski family office, to grow its hybrid work product in Australia and the US.

Also SmartCompany·Startup Daily

Series A $31m

Doubling Down: OwnHome

AfterWork Ventures explains why it reinvested in OwnHome's $31 million Series A led by Square Peg with Commonwealth Bank, having backed the rent-to-buy startup's pre-seed round in July 2021.

Also Square Peg Capital portfolio·Square Peg Capital portfolio·Startup Daily·Australian FinTech·Startup Daily·Techboard·Australian FinTech·Australian FinTech·businesstories.com

9 deals

Ignition Lane's Weekly Wrap: Intersekt highlights, $100m Kiwi exit, tech sucker trade, the week in raises

A weekly technology roundup reporting a New Zealand booking software firm's sale, an Australian beauty retailer's acquisition, several venture raises, executive share sales at an e-commerce firm, and a new government fund committee.

Also SmartCompany·Startup Daily

5 deals

The startup funding round: NZ startup heads Down Under, legal tech goes global and $475 million for electric aircraft

A funding roundup covering Hnry's trans-Tasman expansion raise, Josef's legal-tech round with US investors, and Beta Technologies' large electric aircraft Series A backed by Amazon's climate fund.

Also Startup Daily·Startup Daily·Startup Daily

News

BlueChilli winds up early-stage investment to focus on scale-ups and Asia

BlueChilli is pivoting away from early-stage programs toward scale-ups and Asia in 2020 after spending its $10 million venture fund, casting doubt over SheStarts and its proptech accelerator, with job losses expected among its roughly 50 staff.

Seed $1m

Why legaltech Josef's $1 million raise was more about securing experts than cash

Legaltech startup Josef has raised $1 million in seed funding from Jelix Ventures and individual investors, with the founders valuing the investors' expertise as they expand into the US.

Also SmartCompany·SmartCompany·Startup Daily

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