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Corporate / CVC · 2 deals

Hitachi Ventures

Coverage

Stories naming Hitachi Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Exit / M&A

Japanese giant MUFG buys HESTA’s superannuation administrator Grow Inc

MUFG's pensions arm has struck a binding agreement to acquire Grow Inc, a Sydney-founded superannuation administration startup whose shareholders — among them HESTA, Five V Capital and AirTree Ventures — must still approve the deal.

Also AFR Technology·This Week in Australian Startups

12 deals

From quantum computing to quesadillas: Top 12 biggest capital raises of 2024

Year-end roundup ranking 2024's twelve largest startup raises, headed by PsiQuantum's $940 million government-backed quantum computing round, plus Guzman y Gomez's ASX listing and Betashares' Temasek investment.

14 deals

Eight Aussie startups that raised $118.8 million this week

Weekly roundup of eight Australian funding rounds, led by Samsara Eco's $100m Series A extension; Diraq, 1Breadcrumb, Aquila, NRN, Klean, Bearhug and Sindy Labs also secured capital, and Klean won a Queensland grant.

Also TechCrunch Venture·SmartCompany·@AuManufacturing·Techboard·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing

Unnamed stage

Provectus Algae to expand ‘carbon negative’ biomanufacturing ingredients platform with new funding

Australian algae-based ingredients startup Provectus Algae has secured a strategic investment from CJ Bio to expand its carbon-negative biomanufacturing platform, with an interview covering its technology and plans.

Also AgFunderNews·AgFunderNews·AgFunderNews

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