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Company

Metcash

Coverage

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

Funding announcement

Fund Distributions – Secondaries are a Growing Option Amongst IPO & M&A in Exit Conversations

Perennial's analysis of exit conditions argues improving markets will lift M&A, IPO and secondary activity, surveying recent ASX deals, secondaries involving Canva, Employment Hero and Eucalyptus, and LP pressure for distributions.

Also Folklore Ventures·Women's Agenda·quadrantpe.com.au·Forbes Australia·Dealroom

6 deals

Early VC #2 - Amber Electric raises $29M. Metcash announces a $558 million triple acquisition.

Weekly Australian deals newsletter: Amber Electric's Series C, Saltwater Games' seed round, a Q-CTRL grant, CarbonHQ pre-seed, Preplocal backing, Metcash's triple acquisition plus three other deals, and a new AirTree hire.

Unnamed stage $6.5m

Acorn Capital Invests $6.5 million into Complexica, Pushing Total Funds Raised Past $31 Million

Venture investor Acorn Capital's $6.5 million investment in AI software vendor Complexica lifts outside backing past $31 million since 2021, adding the fund manager to an institutional shareholder register.

Also Startup Daily

3 deals

Marketplacer just raised another $38 million, says it's still thinking about an IPO

Marketplacer has banked a fresh $38 million injection from first-time and returning backers after a mooted 2021 float failed to proceed, with the money earmarked for growth in America and product development.

Also SmartCompany·Startup Daily·Techboard

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