Investor · 1 deal
Every published round HSBC 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 |
|---|---|---|---|---|---|---|
| Sourced Group | Unnamed stage | 10 Sep 2019 | $22.1m | Participant | ARN (ARNnet) (Thu 13 May 2021), ARN (ARNnet) (Wed 15 Jan 2020), ARN (ARNnet) (Tue 10 Sep 2019) |
Companies HSBC has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Sourced Group | 10 Sep 2019 | 1 | 0 |
This is a stake in the fund itself, money that the fund's manager invests, not a stake in the fund manager.
Companies HSBC has backed that another company then bought. An exit for the holding, not a deal HSBC did.
Stories naming HSBC. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
DealStreetAsia's weekly review of Asia-Pacific private markets: India's September funding rebound, new venture rounds and fund closes across the region, a preschool group's buyout, and takeaways from the publisher's summit.
Investment firm Pollination has launched a $150m vehicle backing climate and nature start-ups, anchored by a cornerstone commitment from Queensland Investment Corporation, with first investments expected from late 2024.
Pollination has rolled out a $150 million fund for environmentally focused startups, anchored by Queensland Investment Corporation, and will begin picking companies late in 2024 across five sectors.
ASX-listed Trajan has announced it will buy US lab consumables maker CRS, funded by a placement, bank debt and cash; the article also recalls its earlier acquisitions.
Reports that a fund backed by government and major banks has taken a minority stake in a parcel pick-up network, profiling its patient investment model and recalling an earlier cheque to a clean-energy maker.
Also Startup Daily
Enterprise software firm Capsifi has received an $11 million growth investment from the Australian Business Growth Fund, its first for 2022, to fund international expansion, with the fund's earlier backing of two other startups also recalled.
Also SmartCompany·@AuManufacturing·SmartCompany·Techboard·Startup Daily
Square Peg explains its rationale for leading Athena's Series B, joined by Hostplus and Airtree, with analysis of the Australian mortgage market, the challenger lender's model, and its founding and senior team.
Also SmartCompany·SmartCompany·Startup Daily·Startup Daily·Crunchbase News
Skills-training platform Forage, which builds virtual work experience programs with employers, has raised a US$25 million Series B led by Blackbird Ventures, roughly a year after its US$9.3 million Series A.
Also Startup Daily
ARENA has granted $3 million to the Australian Industry Energy Transitions Initiative, a ClimateWorks and Climate-KIC-led project whose 16 corporate members will model pathways to decarbonise heavy-industry supply chains.
Wholesale Investor profiles KPI-AI, an AI company whose autonomous trading platform, built on strategies used to advise major global banks, is seeking an investor to accelerate development and grow revenue.
Amdocs has bought cloud consultancy Sourced Group, founded in Australia but now Canada-headquartered, for US$75 million. The piece also recalls Sourced's 2019 raise and later funding tied to launching Kivera.
A promotional piece for a bond offering presented with Kensington Capital, in which software startup Cyferd seeks 1.8 million pounds; the article reports no money as committed.
Sales-coaching AI startup Hupo has announced a $10 million Series A, with DST Global Partners leading and four earlier backers returning for the round.