News
Company
Nasdaq
New York
Funding history
Investors
Every investor coverage indicates participated in a round Nasdaq raised.
What Nasdaq bought
Companies Nasdaq acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
People
Coverage
Stories naming Nasdaq. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Exit / M&A
Clinuvel Pharmaceuticals eyes Nasdaq switch and ASX delisting after decade of unbroken profit
Melbourne pharma Clinuvel is weighing a restructure into a US holding company listed only on Nasdaq and an ASX exit, weeks after completing a Nasdaq ADS uplisting, alongside a tenth straight annual profit.
News
Topic | Cybersecurity | Australian Financial Review
AFR cybersecurity topic page rounding up recent stories: Origin Energy's data breach investigation, Point Wild's planned ASX float, AI models hacking companies, and a CyberCX–Monash University cybersecurity degree partnership.
2 deals
Australia doesn’t need copyright change to win data centre billions, AI boss says
The head of neo-cloud firm Sharon AI argues no copyright change is needed to attract data centre investment; the piece recalls its Nasdaq listing raise and a large new financing.
Exit / M&A
eToro Completes Nasdaq Listing After Years of Delays
Trading platform eToro has finalised its long-stalled Nasdaq debut, with shares priced near the top of guidance; users see no immediate change, though quarterly public disclosures now apply.
Grant
$39m
Australian concentrated solar thermal hopeful put into voluntary administration, buyers sought
KPMG administrators have taken control of Australian solar thermal developer Vast Renewables and will run a sale or recapitalisation process, following its recent Nasdaq delisting; the Port Augusta project's future is unclear.
News
RecordPoint launches a free tool for founders to triage data for AI use and track access
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.
News
C-rap: the most talked about part of Canva Create isn’t the product (but it totally is) because of a song
Opinion piece on the buzz around a musical number promoting Canva's enterprise offering at its Los Angeles event, noting cofounder Cliff Obrecht's approval, huge viewership and the company's US listing ambitions.
Funding announcement
Canva gets a ‘glow up’, expands into enterprise to take on Salesforce and LinkedIn
Forbes Australia profiles Canva's enterprise relaunch after a demo with COO Cliff Obrecht, covering new sales, marketing and HR tools; Airtree's co-founder recalls the firm's early backing of the company.
Exit / M&A
Tritium's rapid rise and collapse is over – goes into administration
EV charger maker Tritium DCFC has collapsed into administration, with KPMG appointees taking control of its Australian subsidiaries, after losses, a troubled US expansion, and a failed bid for Queensland government support.
Also Startup Daily·RenewEconomy·@AuManufacturing·RenewEconomy·Startup Daily·@AuManufacturing
Exit / M&A
Culture Amp acquires people analytics platform Orgnostic
Culture Amp is acquiring Orgnostic, a Belgrade-founded people analytics startup, for an undisclosed sum; its cofounders join as vice presidents and a combined People Analytics product is planned for later in 2024.
Unnamed stage
Fund WA invests in InterEarth
InterEarth, a Western Australian biomass carbon storage venture, has drawn investment from Fund WA — its third deal — alongside Counteract and Foxglove Capital, and is working with Nasdaq-owned carbon registry Puro.earth.
News
How Andrew Tate’s move to Rumble made it the world’s most popular video app
Coverage of Andrew Tate's deplatforming and his shift to Rumble, which then topped the app charts; the piece also notes the video platform's backers and its earlier stated plan to list on Nasdaq.
Key hire
Wisr appoints former Deutsche Bank Director Cathryn Lyall to Board
ASX-listed lender Wisr has added Cathryn Lyall, a veteran of exchanges and Deutsche Bank's UK board, as a non-executive director from January 2022, its second board addition in months.
Funding announcement
The six secrets that turned Allbirds into a successful, and sustainable, company
Profile of Allbirds recounting its New Zealand origins, early grant and crowdfunding, seed and venture raises, key early hires, and its NASDAQ listing, crediting its sustainability mission for its rapid success.
14 deals
Ignition Lane's Weekly Wrap: Unicorns galore, online marketplaces put on notice, VC pyramid schemes
Weekly roundup reporting Invoice2go's sale to Bill.com, raises by Go1, Employment Hero, InDebted and others, Rokt's secondary sale, Wildcard Ventures' launch, plus global deals including Zoom-Five9 and Salesforce-Slack.
3 deals
Your 90-second guide to the day in tech
Daily tech roundup covering Epic Games' billion-dollar raise, Degreed reaching unicorn valuation with a Series D, Gryphon's carbon-neutral bitcoin mining funding, Apple's announced event, and DigitalX's share surge.
Also The Mandarin
Exit / M&A
Whitney Wolfe Herd becomes youngest woman to take tech unicorn public
Bumble's founder has listed the dating app on Nasdaq, becoming the youngest woman to take a tech unicorn public; the piece recalls Blackstone's 2019 majority purchase and details payouts around the offering.
9 deals
From airbed to $100 billion IPO: The 12-year growth story behind Airbnb
A timeline retracing Airbnb's growth from its 2007 founding and early accelerator backing through successive funding rounds to its December 2020 NASDAQ listing, where shares surged on debut past a US$100 billion valuation.
Also SmartCompany
Exit / M&A
Zinc-based battery start-up Eos Energy goes public to challenge Tesla dominance
US zinc battery maker Eos Energy Storage has listed on Nasdaq, seeking funds to scale manufacturing and compete with lithium-ion rivals, and recently signed a large storage project agreement with Hecate Energy.
Unnamed stage
US$64m
Shares in former Sydney startup BigCommerce have skyrocketed with US tech listing
BigCommerce, a Sydney-founded e-commerce platform now based in Austin, listed on Nasdaq, raising US$216 million as its shares almost quadrupled on debut, valuing it near US$6.1 billion.
2 deals
5 things you should know about tech today
Startup Daily roundup: French regulator fines Apple over iPhone slowdown; Startmate opens applications for its women-only Fellowship; SocietyOne raises $15 million; Xero deepens its Square integration; Nasdaq visits Sydney.
Also SmartCompany·Australian FinTech·Australian FinTech·Techboard
16 deals
The complete guide to startup capital: 12 ways to fund a new venture in Australia
A guide to twelve funding routes for Australian startups, covering venture capital, angels, debt, accelerators, grants, corporate venture, crowdfunding, ICOs and loans, with many past raises cited as examples.
Also Crunchbase News·Startup Daily·SmartCompany·Crunchbase News·TechCrunch Venture·TechCrunch Venture
Key hire
ChemGenex to Seek Voluntary De-listing from NASDAQ and to Restructure Board to
ASX-listed drug developer ChemGenex will quit NASDAQ and SEC reporting to cut compliance costs, and three directors step down in July while staying on as advisers.
Exit / M&A
Pharmaxis Lists ADRs on NASDAQ
Australian drug developer Pharmaxis has won NASDAQ approval to trade its ADRs under ticker PXSLY, issuing no new shares; SEC registration is expected around 26 August 2005 before trading begins.
Also GBS Ventures·GBS Ventures