Cap Raise Crucible: Canaccord leads big mining dash for cash
Roundup of 35 ASX capital raisings seeking a combined $687.5m in late August and early September, led by mining deals; Canaccord Genuity topped the broker table and three IPOs floated.
Investor · 5 deals
Every published round Moelis Australia 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 |
|---|---|---|---|---|---|---|
| Eureka Group Holdings | Unnamed stage | 11 Sep 2026 | $80.2m | Lead | The Age Business, SMH Business | |
| Funding.com.au | Venture debt | Mar 2022 | $37m | Participant | Australian FinTech (Tue 13 Dec 2022), Australian FinTech (Wed 29 Jun 2022), Techboard, Australian FinTech (Tue 5 Apr 2022) | |
| HowToo | Seed | 5 Jul 2021 | $2.5m | Lead | Startup Daily, SmartCompany | |
| comestri | Series B | 10 May 2021 | $15m | Lead | Startup Daily (Mon 17 May 2021), SmartCompany, Startup Daily (Mon 10 May 2021), Business News Australia | |
| Cloudwave | Series A | 2020 | $2m | Participant | keepingcompany.com.au, Startup Daily (Mon 7 Jun 2021), Startup Daily (Tue 1 Jun 2021) |
Companies Moelis Australia has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Cloudwave | 2020, Series A | 1 | 0 | |
| comestri | 10 May 2021, Series B | 1 | 1 | |
| HowToo | 5 Jul 2021, Seed | 1 | 1 | |
| Funding.com.au | Mar 2022, Venture debt | 1 | 0 | |
| Eureka Group Holdings | 11 Sep 2026 | 1 | 1 |
Fund closes reported for Moelis Australia, as distinct from the investments it has made.
Companies Moelis Australia has backed that another company then bought. An exit for the holding, not a deal Moelis Australia did.
Stories naming Moelis Australia. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of 35 ASX capital raisings seeking a combined $687.5m in late August and early September, led by mining deals; Canaccord Genuity topped the broker table and three IPOs floated.
Roundup tallies 35 ASX equity fundraises seeking $687.5 million, mostly miners; Canaccord Genuity led broker mandates with nine deals, while FireFly Metals' $190 million package was the period's largest.
Also The Age Business
Investors bought existing Rokt shares in a tender at a higher valuation; the piece also reports the mParticle acquisition, a board addition, and past raises.
Square Peg and Wellington Management bought more shares of Rokt from employees and investors in a secondary sale, lifting its valuation, while its earlier funding rounds are recapped ahead of a planned IPO.
Also Forbes Australia
Techboard's March 2022 roundup of Australian funding: megadeals by Immutable, Saluda Medical, Linktree and Zeller, many smaller raises, acquisitions, an IPO, several fund closes, and companies still seeking capital.
Rokt raised a record A$458 million Series E led by Tiger Global, valuing it at $2.75 billion, while employees and investors sold down shares; the founder aims for a US listing in 2023.
Weekly roundup of Australian startup funding: Gilmour Space's $61m raise, rounds for Mindset Health, HowToo, Beer Cartel, Tracer DAO and Wimp 2 Warrior, Currus Biologics' $10m cancer-treatment raise, and Alberts' $16m impact fund.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily
A weekly roundup reporting raises by Athena, Comestri, Mass Dynamics and CircleSource, plus Malcolm Turnbull investing through Turnbull & Partners in UK cloud forensics startup Cado Security.
Comestri, once Fusion Factory, has raised a $15 million Series B led by Moelis Australia; Giant Leap promotes Rachel Yang to partner; plus Musk on SNL, Dogecoin swings and Goldman Sachs bitcoin trading.