Venture capital fund · 1 deal
Sydney, NSW
Every published round Macquarie 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 |
|---|---|---|---|---|---|---|
| Car Next Door | Series B | 6 Feb 2018 | $5m | Participant | Business News Australia, Investible portfolio |
Companies Macquarie 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 |
|---|---|---|---|---|
| Car Next Door | 6 Feb 2018, Series B | 1 | 0 |
This is a stake in the fund itself, money that the fund's manager invests, not a stake in the fund manager.
Companies Macquarie Group has backed that another company then bought. An exit for the holding, not a deal Macquarie Group did.
Stories naming Macquarie Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Melbourne corporate card startup Archa has raised $11 million in equity plus a $50 million debt facility to grow its business credit card platform, backed by The Fintech Fund and several local executives.
Also Australian FinTech
Venture firm Square Peg has confirmed two funds holding more than $1 billion between them, alongside a look back at its biggest bets, sell-downs and the acquisitions that delivered windfalls.
Also Dealroom
Weekly people-moves column: new executives at allt, SQC, Redbelly Network, InDebted and Neara, including Clive Dickens joining allt's board and Chris McNamara becoming InDebted's CEO.
Collections technology firm InDebted has named Chris McNamara as chief executive and Brendan Lee as chief financial officer, filling a search opened when founder Josh Foreman shifted to a founder and executive director role.
Xpansiv has wrapped a growth equity round with Blackstone, Macquarie, CBA, Goldman Sachs, Aware Super and Aramco Ventures among its backers, as the IPO hopeful looks to fund expansion in Australia and globally.
Street Talk roundup: Tasman Capital's new fund reaches first close, EQT buys control of an NRL club, KKR eyes a Drifter exit, PAG dealmakers jump to Jardine Matheson, Colter Bay lands a debut loan.
Global consultancy Sia has acquired Seven Consulting, an Australian business transformation firm, roughly quadrupling Sia's local headcount and adding major banking, government and retail clients.
French consulting group Sia has bought Australian business transformation firm Seven Consulting, adding roughly 130 consultants and East Coast offices. The deal follows Sia's earlier acquisitions and Blackstone's minority investment earmarked for expansion.
Also consultancy.com.au
Consulting group Sia has bought Seven Consulting, an Australian transformation consultancy, adding Sydney and Melbourne offices, a Perth presence and major clients across banking, government and retail.
Also Dealroom·Dealroom·sevenconsulting.com·briefglance.com·melbourne-insider.au·cfotech.com.au·consultancy.com.au
Roundup of eight Australian and New Zealand startups whose late-July funding totals $102 million across space capsules, medical devices, livestock breath analysis, sports analytics and AI crop forecasting.
IREN's board has signed off on long-term share awards worth roughly US$788 million for co-founder chief executives Daniel and Will Roberts, as the Sydney-based green data centre operator capitalises on AI demand.
Southern Launch raised a $25m Series A with $10m from the National Reconstruction Fund, led by Brindabella and Company and including ex-Macquarie executives and Coupland Asset Management, to grow headcount and launch services.
Also SmartCompany·Dealroom·Cut Through Venture·Startup Daily·Space Connect
AUDC, issuer of the AUDD stablecoin, has hired Andrew Kitchen as CFO and José Barroso as growth general manager, deepening its executive bench amid rising demand and its recent New Zealand token launch.
Stablecoin issuer AUDC hires Andrew Kitchen as CFO and José Barroso as growth chief, extending an executive build-out to support rising demand for its digital-money and settlement services across Australia and New Zealand.
Global X ETFs has hired marketing veteran Scott Spencer as its Head of Marketing to drive its brand as the Australian ETF issuer expands its product range.
Folklore Ventures says its investee Sphere has secured US$20 million in a Series A led by Andreessen Horowitz, with Y Combinator, Felicis and 20VC also in; Folklore backed Sphere at pre-seed.
The Clean Energy Finance Corporation is putting up to $40m into Brighte through a federal program, letting the home-energy fintech offer cheaper green loans for solar, batteries and other household upgrades.
GSFM has recruited Kayla Batiste, a Macquarie business development veteran, to manage key accounts in Queensland and help grow its presence.
RecordPoint has bought Redactive AI, a Melbourne data security startup founded by former Atlassian staff, for an undisclosed sum two years after its founding; Felicis and Blackbird co-led its 2024 seed round.
Australian data governance company RecordPoint has launched RexCommand, a free platform helping startups detect unauthorised AI tool use and enforce AI policies, with CEO Anthony Woodward warning about shadow AI risks for businesses.
Macquarie Asset Management's multibillion-dollar property fund is moving into land-lease housing, with sites secured across Queensland and NSW and construction beginning on a first community near Brisbane.
Australian business lender Shift hires Genevieve Walker from Macquarie Group to lead its new corporate division, while Andrew Wagg and Natasha Brown take on expanded leadership roles.
UniSuper adds a further $25 million to its backing of Uniseed, reaching $100 million in total support for the university research commercialisation fund; past cheques to quantum and biotech startups are recapped.
Aura Group announces Mina Rafla joining as Associate Director in its private credit arm, recounting his earlier roles at Macquarie, Commonwealth Bank and Greensill Capital and his lending focus.
Roundup of manufacturing briefs: rare earths and semiconductor firms win government grants, Pro-Pac takes a shareholder loan, Macquarie buys into Dow infrastructure, plus sales records, a China distribution deal and a space security hub.
Splend, which leases cars to ride-share drivers, has obtained a $300 million debt facility from Macquarie to grow its electric fleet. Chris King founded the Sydney company in 2015.
Melbourne document-AI firm Affinda, founded by Tim and Ben Toner, closed a $10m round from family offices and wealthy individuals after an earlier $13m raise; Deloitte ranked it the nation's fastest-growing AI company.
Profile of two ex-Macquarie executives whose new impact investing arm inside Palisade has assembled a $450m fund aimed at emissions, waste and inequality goals.
Weekly roundup of four Australian startup raises: Kismet's $20m seed extension, Primary's $3.5m seed round, Willed's $3m from Seven West Media, and East Forged's $1.5m from a Vietnamese agribusiness's venture arm.
Sydney cash-management startup Primary has completed a $3.5m seed round backed by Carthona Capital and five other funds, with Carthona partner Damian Fox set to join its board.
Also SmartCompany
Interview with Constantinople co-founder Di Challenor on her banking career and the record $32 million seed round she and Mac Duncan raised from Square Peg, Airtree and Great Southern Bank.
Data centre company AirTrunk's multi-billion-dollar sale to Blackstone and a Canadian pension board is celebrated by founders of South Asian heritage, who see Robin Khuda's journey as inspiration for Australia's startup ecosystem.
Also Forbes Australia·ARN (ARNnet)·SmartCompany·Forbes Australia
Blackstone, joined by Canada's pension fund, has acquired data centre operator AirTrunk in its largest Asia-Pacific investment, valuing the company at $24 billion; the piece also recalls Macquarie's earlier backing.
Melbourne document-analysis company Affinda has pulled in $10 million from its previous backers at double its earlier valuation, and Christine Christian has joined its board.
Also Forbes Australia
Macquarie Asset Management has wrapped up its second opportunistic property vehicle, MREP, at $1.9 billion in commitments; the story also recaps the manager's earlier property investments across Asia, Europe and the US.
Macquarie-owned battery firm Eku Energy has started building two English storage projects; its pipeline also takes in operating and planned batteries in Victoria and the ACT.
Mike Cannon-Brookes' investment vehicle Grok Ventures has hired Tan Kueh, ex-Macquarie, UBS and BlackRock, as CEO, joining CIO Jeremy Kwong-Law, as it sharpens its strategy around climate investing.
A year-end countdown of 2023's twenty largest agtech funding rounds, from biofuels and carbon marketplaces to farm robotics, with EcoCeres' $400 million raise at the top.
Also AgFunderNews
A rolling roundup of Australian energy-sector job moves, listing dozens of executives, directors and ministers joining or leaving utilities, regulators, developers and industry bodies between May and December 2023.