Angel · 1 deal
Melbourne, VIC
Every published round Impact Investment Group 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 |
|---|---|---|---|---|---|---|
| Xceptional | Venture debt | 4 Dec 2019 | $600k | Lead | Startup Daily (Wed 4 Dec 2019), Startup Daily (Mon 25 Nov 2019), SmartCompany |
Companies Impact Investment Group has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Xceptional | 4 Dec 2019, Venture debt | 1 | 1 |
Fund closes reported for Impact Investment Group, as distinct from the investments it has made.
| Fund | Announced | Committed | Target | Close | Sources |
|---|---|---|---|---|---|
| Impact Alternatives | 15 Sep 2020 | $70m | - | - | SmartCompany (Tue 15 Dec 2020), SmartCompany (Tue 15 Sep 2020) |
Companies Impact Investment Group has backed that another company then bought. An exit for the holding, not a deal Impact Investment Group did.
Stories naming Impact Investment Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
LaunchVic has granted $300,000 to clinician syndicate Australian Medical Angels, which plans a Victorian branch investing up to $2 million into ten early-stage health startups, becoming the agency's seventh funded angel network.
New VC firm ReGen Ventures, with ex-Patagonia chief Rose Marcario and other cleantech figures, has committed $20 million toward a $50 million fund targeting regenerative technologies.
Comestri, once Fusion Factory, has raised a $15 million Series B led by Moelis Australia; Giant Leap promotes Rachel Yang to partner; plus Musk on SNL, Dogecoin swings and Goldman Sachs bitcoin trading.
Square Peg has closed a $600 million fourth fund, capping a year in which Australian venture funds collectively gathered over $1.6 billion, with closes by Blackbird, OneVentures, Equity Venture Partners, Antler, Tidal and others.
Telehealth company Coviu has raised a $6 million round backed by several venture investors after rapid pandemic-driven growth, while its CEO and co-founder was named Founder of the Year at a national awards program.
Also Startup Daily
Atlassian has launched a corporate venture vehicle to back startups building on its cloud products, with two companies already funded; the piece also notes recent fund raises by several Australian venture firms.
Impact Investment Group launches a $70 million Impact Alternatives fund of funds for impact investing, while several Australian funds including OneVentures, Tidal, Square Peg and Blackbird have recently raised new funds.
Sydney startup Xceptional, which places autistic people into tech careers, has borrowed $600,000 under a new revenue-linked debt structure devised with Impact Investment Group, backed by several foundations and a private investor.
An interview with Goterra founder Olympia Yarger and investor Will Richardson recalling her emotionally difficult seed raise, backed by Giant Leap Fund, and the investor relationship that helped close it.
Also Forbes Australia