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Company

Lendlease

Coverage

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

Funding announcement

Topic | Managed funds | Australian Financial Review

An AFR managed-funds topic page: a star small-caps deputy goes solo with a new Sydney firm, Gigacomm buys rival DGtek, Google plans a multibillion-dollar domestic bond, plus fund manager and market stories.

2 deals

Creditors vote to put food waste startup Goterra in liquidation

Creditors have voted to wind up Canberra insect-protein startup Goterra after sale and recapitalisation efforts failed, with administrators reporting mounting losses and recoveries likely confined to their fees.

Key hire

The march of passive investors and high price of money: Why activists are having their way

Analysis of rising shareholder activism: Lendlease's chairman departs under Tanarra pressure, activists push Karoon over dividends, Tanarra surfaces on Bapcor's register, and L1 Capital runs an activist fund.

12 deals

Seven ANZ startups that raised $27.4 million this week

Weekly roundup of seven trans-Tasman raises totalling $27.4 million, headlined by Xefco's $10.5 million round, plus Hometime board appointments and Matrak's China expansion.

Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily

Series A $2.9m

Construction startup lands $2.9 million Series A for China push

Melbourne construction-tech firm Matrak has raised a $2.9 million Series A led by Singapore's G&M Capital, with Our Innovation Fund and Simon Yencken aboard, funding expansion into China and a new Suzhou office.

Also SmartCompany·@AuManufacturing

8 deals

Blast OIF | 23 things from 2023

OIF Ventures' year in review: full Eftsure exit, Opportunity Fund close, Visory, DataMasque and Nullify backed, follow-ons at Inspace and Dataweavers, new team members and portfolio milestones.

Exit / M&A

Eaton Square Advises Extent Heritage On Its Sale To RSK Australia

Eaton Square says it acted for Extent Heritage, an archaeology and heritage consultancy, in the company's sale to RSK Australia, with principals Roger Collins-Woolcock and Mark Goodwin leading the mandate. No price disclosed.

2 deals

Cannon-Brookes-backed food waste recycling startup banks $10 million bridging round

Goterra, a Canberra venture that recycles food scraps with maggots into animal feed, has banked a $10 million bridge to grow its waste plants serving Woolworths, with a Series B planned this year.

Also AgFunderNews·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·AgFunderNews·AgFunderNews

2 deals

Why Facebook’s co-founder has put $6m into this Aussie start-up

OIF's blog republishes an AFR report: Inspace has banked a $6 million round backed by B Capital and OIF, plans AI features and US growth, while proptech peers :Different and Yabonza have failed.

Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany

21 deals

Christmas comes early for 14 Aussie startups that raised $260 million this week

Weekly roundup covering 14 startup raises totalling over $260 million, headlined by Synchron's $110 million round, plus Roller's shareholder liquidity payout, Partly's record New Zealand Series A, and several government grants.

Also GrainCorp Ventures·SmartCompany·Startup Daily·SmartCompany·@AuManufacturing·SmartCompany·Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·Startup News (WA)·Startup News (WA)

Series A $10m

Proptech CIM raises $10 million Series A

Proptech CIM has raised a $10 million Series A led by Five V Capital, with Carthona Capital and property executives participating, valuing it above $100 million to fund expansion into Asia and North America.

Also SmartCompany·Startup Daily·Techboard·Techboard

Seed $4m

OIF, Leigh Jasper back virtual inspection play Inspace

Virtual inspection platform Inspace has secured A$4 million in fresh capital, with Our Innovation Fund leading the round alongside Leigh Jasper, Investible and Artesian. OIF partner Geoff Levy joins the board.

Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio·Startup Daily

9 deals

Ignition Lane’s Weekly Wrap: the State of the Cloud, Belong’s multi-series, SPAC warnings and Roblox IPO delivers big

Weekly roundup by Ignition Lane covering Vend's sale to Lightspeed, Roblox's listing, raises at Pipe, DataGrail, Mastt, Sonnant and Corvus, LaunchVic's new fund for women founders, and Scale Investors' new co-CEOs.

Also Startup Daily·LaunchVic

5 deals

The startup funding round: Aconex co-founders shell out, e-commerce boom pays off and data makes the world go round

Funding roundup covering raises by OpenMarkets, Mastt, Smrtr, The Nile Group and Preply, with Aconex's founders among Mastt's backers and Peter James joining The Nile as chairman.

Also Startup Daily·Startup Daily·Cut Through Venture

Unnamed stage

Aussie ISV Zetaris to go global after Ingram Micro investment

Zetaris, a Victorian analytics firm, received an investment and partnership from Ingram Micro after its Cloud Comet Competition, enabling global expansion, while Ingram Micro Australia appointed Trent Gomersall as cloud director.

Grant $28m

$131 million CRC pursuing “advanced manufacture of buildings” gets the go-ahead

A $131 million Cooperative Research Centre applying manufacturing techniques to construction has won federal support, with $28 million in government funding announced and industry partners contributing the remainder.

3 deals

Autism support platform Rockmelon raises $3 million, customer communication startup Pendula raises $3.5 million

Two Sydney startups raise funding: Rockmelon secures $3 million from angels for international expansion, while Pendula raises $3.5 million led by Equity Venture Partners, which also recently closed a $35 million fund.

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