King & Wood Mallesons

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.

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Palisade Agrees Sale of Global Renewables Holdings Pty Limited To Cleanaway Waste Management Limited

Palisade Investment Partners and a co-investor have agreed to sell waste treatment firm Global Renewables Holdings to ASX-listed Cleanaway, with completion expected by end of August 2022 and no conditions attached.

TOMORROW Super – Australia's only digital-first managed account platform launches

Launch of TOMORROW Super, a digital-first managed account superannuation platform led by Wes Hall, following a recent $1.2 million capital raise in which Crescent Wealth took an 8% stake; a pre-IPO round is planned.