Ledger.

Startup · $90m raised

Lendi

Sydney, NSW

Coverage

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

7 deals

Six Aussie startups that raised $87.7 million this week

Roundup of six Australian funding rounds this week: InDebted, Evolt, Restoke.ai, Mary Technology, Matilda and Demtech.ai, with investors, amounts, InDebted's valuation and a secondary component for early backers and staff.

Also Australian FinTech·SmartCompany·Startup Daily·Australian FinTech·Fintech News Australia·Business News Australia

Key hire

Lendi Group revamps leadership structure, appointing new CFO and GM's to support five-year strategy

Lendi Group has overhauled its leadership, hiring Leo Bautista as CFO plus several general managers, while long-serving finance chief Jason King departs in May; 59 new roles are planned.

Funding announcement

NASDAQ giant swoops on Canberra start-up in $500m+ deal

OIF Ventures republishes an AFR report on NetApp buying Canberra data-technology firm Instaclustr for a reported $500 million-plus, covering founder paydays and the fund's returns, including a 20-times outcome on its early backing.

Funding announcement

Leading tech founders and execs are backing a new seed investment network by early stage VC Tidal Ventures

Tidal Ventures has launched #ten, an expert network of tech founders and executives who put money into its seed fund and support its portfolio founders, bridging Australian and US ecosystems.

17 deals

Ignition Lane’s Weekly Wrap: VC’s $1.6bn year, Christmas collapses, Bassat’s bitcoin bet

Weekly newsletter rounds up venture news: multiple Australian and regional VC fund closes, startup raises including Brighte and Judo, acquisitions of eNett and Sine, neobank collapses, and new revenue-based lenders.

Also Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Australian FinTech·Australian FinTech·TechCrunch Venture

13 deals

Funding for Australian startups just had a bumper start to 2019, but things are starting to look tougher

Techboard's March 2019 quarterly report records over $2.6 billion in startup funding, driven by CBA's PEXA acquisition, Airwallex's unicorn round, several large raises, and a warning that early-stage deal flow is shrinking.

Also Startup News (WA)

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