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Company · Telecommunications

Optus

Coverage

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

Exit / M&A

Sia significantly expands Australian footprint with Seven Consulting deal

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.

Exit / M&A

Sia accelerates its expansion in Australia with the acquisition of Seven Consulting

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

8 deals

Meliora's Clive Dickens teams up with NextGen Ventures to back AI startups

Meliora, Clive Dickens' advisory firm, has started backing AI companies alongside a student-focused venture fund that is closing in on its fundraising target.

Also Forbes Australia

Funding announcement

Former Optus CEO Kelly Bayer Rosmarin joins Airwallex board

Airwallex adds ex-Optus chief Kelly Bayer Rosmarin and four other directors to its subsidiary's board while it pursues an Australian banking licence; the article also recaps the fintech's US$300 million Series F.

News

Business Briefing: Edition five

SmartCompany teams with Optus on a video series wrapping each month's business news; edition five covers Oltre's Pitch competition win, BindiMaps, and founder Kesley McCormick on UK research connecting ADHD with entrepreneurship.

Exit / M&A

Superloop knocks back Aussie Broadband’s $466 million takeover bid as ‘opportunistic’

Superloop's board has rejected Aussie Broadband's merger proposal as too low, with Aussie already holding a 19.9% stake; the piece also recalls Superloop's VostroNet purchase and Aussie's Symbio buyout.

9 deals

Eight Aussie startups that raised $433 million this week

Roundup of eight Australian startup raises totalling $433m, topped by Employment Hero's $263m Series F and Skykraft's $120m round; Darwinium, Konvoy Kegs, The Martec and three Birchal crowdfunds complete the week.

Also AgFunderNews

8 deals

Seven Aussie startups that raised $16.4 million this week

Weekly roundup detailing seven Australian startup raises totalling $16.4 million, covering Thinxtra, Canopus Networks, Mash, Beamible, Earthodic, Citadel.run and Cleverbean, with investors, amounts and founder backgrounds.

Also Techboard·Startup Daily·SmartCompany

4 deals

The Ignition Lane Wrap: Life in the fast lane. And calling road service

Ignition Lane's weekly wrap: Tiger Global's losses and past Australian bets, MilkRun and TradeSquare closures, Cyara's Spearline acquisition, a Co Ventures pre-seed fund, Square Peg's partner promotion and LaunchVic's 30×30 picks.

10 deals

Ignition Lane's Great Big Wrap: VCs court cash, an M&A bash & Canva makes a splash

Ignition Lane's weekly tech roundup covering fresh Australian startup raises, new venture funds and closes, a wave of acquisitions, delistings and a liquidation, executive moves, and Canva's product launch.

Also Centerstone Capital portfolio·Startup Daily·SmartCompany·6clicks.com·ARN (ARNnet)·Centerstone Capital portfolio·Techboard·Startup Daily

2 deals

Aussie ISV Zetaris attracts $30M funding

Zetaris has banked a $30 million raise at a valuation topping $110 million, with Exto Partners leading and several co-investors; the company earlier won Ingram Micro's 2019 Comet Competition, worth up to $1.5 million.

Also ARN (ARNnet)·ARN (ARNnet)

17 deals

Ignition Lane's Weekly Wrap: Crypto moves, the future of Facebook, VC moat gloats, Zero Co's record week

Weekly roundup reporting Australian raises including Zero Co, MOBI and CipherStash, Cashrewards' takeover agreement, Shebah's collapse, WeWork's NYSE listing, crypto regulation recommendations and SiteMinder board appointments.

Also Australian FinTech·Cut Through Venture·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany

Series B $15m

Bill now, pay later business Deferit raises $15m in oversubscribed Series B funding round

Australian bill-payment platform Deferit has raised AU$15 million in an oversubscribed Series B round, led by returning backer Carthona Capital with new participant Alceon Group, to fund marketing, partnerships and hiring.

Also Startup Daily·SmartCompany·Cut Through Venture

Funding announcement

Ignition Advice welcomes Russell Scrimshaw to growing global team

Ignition Advice appoints Russell Scrimshaw as deputy chairman and non-executive director, adds two business development hires, and recalls its 2020 Series B raise with Morgan Stanley Wealth Management.

12 deals

Ignition Lane's Weekly Wrap: Atlassian's win in the Salesforce-Slack deal, Shopify sets new records, Afterpay's US sales are tops

Weekly roundup reporting Salesforce's Slack acquisition, several ASX listings, multiple Australian startup raises, OneVentures' fund tranche close, and international deals including Facebook buying Kustomer.

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

7 deals

Insurance, socks and social enterprise: StartupSmart's 10 startups to watch in 2019

StartupSmart profiles ten startups it expects to do well in 2019, reporting funding rounds for Black.ai, Huddle, Manrags, Matrak and Work180, Fleet's earlier Series A, and the Ongs' past sale of Eatibility.

Also Startup Daily·SmartCompany

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