Exit / M&A
WhiteHawk swoops on Quixxi acquisition for AI governance support
WhiteHawk is acquiring Sydney cyber firm Quixxi in a share-based deal to add AI governance capabilities, with most Quixxi staff not moving across.
Investor · 2 deals
Lakeba Group
Sydney, NSW
Disclosed deals
Every published round Lakeba 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 |
|---|---|---|---|---|---|---|
| Bricklet | Series A | 22 Feb 2021 | $3m | Participant | Startup Daily (Wed 3 Nov 2021), Cut Through Venture, Australian FinTech (Fri 5 Mar 2021), Australian FinTech (Mon 22 Feb 2021), Startup Daily (Tue 9 Feb 2021) | |
| Appreci | Unnamed stage | 23 Apr 2020 | $430k | Lead | Australian FinTech, Startup Daily |
Portfolio
Companies Lakeba Group has backed in a published round, and companies whose existing shares it bought off another holder.
Funds
Fund closes reported for Lakeba Group, as distinct from the investments it has made.
Portfolio companies acquired
Companies Lakeba Group has backed that another company then bought. An exit for the holding, not a deal Lakeba Group did.
People
| Name | Role | Sources |
|---|---|---|
| Alfonso Porcelli | Director | ARN (ARNnet) |
| Ash Plaskett | Head of Corporate Communications and Investor Relations (former) | Australian FinTech |
| Giuseppe Porcelli | CEO · Founder | Startup Daily (Wed 3 Nov 2021), Australian FinTech (Fri 5 Mar 2021), Australian FinTech (Mon 22 Feb 2021), Startup Daily (Tue 9 Feb 2021), Australian FinTech (Fri 24 Apr 2020), Startup Daily (Thu 23 Apr 2020), Australian FinTech (Tue 4 Dec 2018) |
Coverage
Stories naming Lakeba Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Funding announcement
Lumiant scales its business to help Financial Advisers scale theirs
Australian advice platform Lumiant announced several team appointments across communications, customer success and product, following an earlier capital raise of over $1 million run through Equitise.
Series A
$3m
Fractional property investment platform Bricklet raises $3 million in series A backed by News and REA Group
Bricklet, a fractional property investment platform, has raised a $3 million Series A from News Corp, REA Group and earlier backers at a $28 million valuation, to fund marketing.
Also Australian FinTech·Cut Through Venture·Startup Daily·Australian FinTech
Unnamed stage
$430k
Appreci, a Queensland startup that lets you shout colleagues a coffee, is going global
Lakeba Group has invested $430,000 for a 35% stake in Queensland coffee-gifting startup Appreci, helping it scale via Microsoft Teams and a cafe partnership after losing events revenue to coronavirus.
Also Australian FinTech
Exit / M&A
Lakeba achieves $20M startup sales record for Paid By Coins
Lakeba has sold its cryptocurrency payments venture Paid By Coins to ASX-listed Mobecom for $20 million, seven months after launch, deepening the two companies' existing blockchain development partnership.