Investor · 3 deals
Silicon Valley
Every published round Partners for Growth 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 |
|---|---|---|---|---|---|---|
| Roller | Unnamed stage | Dec 2022 | $28.2m | Participant | SmartCompany (Fri 22 Dec 2023), Startup Daily, SmartCompany (Fri 10 Nov 2023), SmartCompany (Fri 10 Nov 2023), Techboard, SmartCompany (Fri 16 Dec 2022) | |
| TechLend | Venture debt | 2 Aug 2021 | $50m | Lead | Techboard, Australian FinTech (Fri 17 Sep 2021), Our Innovation Fund, Australian FinTech (Mon 2 Aug 2021), Startup Daily | |
| Bridgit | Venture debt | Aug 2021 | $50m | Participant | Our Innovation Fund (Mon 21 Mar 2022), Our Innovation Fund (Wed 16 Mar 2022) |
Companies Partners for Growth has backed in a published round, and companies whose existing shares it bought off another holder.
Fund closes reported for Partners for Growth, as distinct from the investments it has made.
| Fund | Announced | Committed | Target | Close | Sources |
|---|---|---|---|---|---|
| PFG Income Fund | 13 Mar 2026 | $250m+ | - | Interim | Australian FinTech, itbrief.com.au |
Companies Partners for Growth has backed that another company then bought. An exit for the holding, not a deal Partners for Growth did.
| Name | Role | Sources |
|---|---|---|
| Armineh Baghoomian | Head of Europe & Co-head of Fintech | Australian FinTech |
| Jason Georgatos | President | Australian FinTech, itbrief.com.au |
| Karthi Sepulohniam | Managing Director | Australian FinTech |
Stories naming Partners for Growth. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
DealStreetAsia reports investment firm Partners for Growth has held a $178 million initial closing for its technology-lending income vehicle, the PFG Income Fund.
Partners for Growth's PFG Income Fund has held a first close on private credit for later-stage technology borrowers, with commitments exceeding A$250 million, deploying structured growth debt in Australia and globally.
Also Australian FinTech
TEN13 newsletter reporting Chipper Cash's US$150m unicorn round, Mr Yum's Tiger Global-led Series A, and new investments in Payhippo, Preezie, Pushas and Heaps Normal, plus portfolio updates.
Also Skalata Ventures·Skalata Ventures·Archangel Ventures portfolio·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Tech Funding News - Australia·Australian FinTech·AgFunderNews·Women's Agenda·Beef Central / Grain Central·Forbes Australia·TechCrunch Venture·SmartCompany·LaunchVic
Roundup of January 2024 funding: Futurerent, Prota Therapeutics, National Renewable Network and Getmee together secured $94.5 million across debt, equity and a government grant, with investor details for each deal.
A decorated former Navy officer with 28 years' service takes the top job at the Tasmanian high-performance vessel maker, bringing defence-industry management experience from QinetiQ's local arm.
Weekly roundup covering 14 startup raises totalling over $260 million, headlined by Synchron's $110 million round, plus Roller's shareholder liquidity payout, Partly's record New Zealand Series A, and several government grants.
Also GrainCorp Ventures·SmartCompany·Startup Daily·SmartCompany·@AuManufacturing·SmartCompany·Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·Startup News (WA)·Startup News (WA)
Melbourne flower and gift delivery business LVLY bought by Asian e-commerce group for $35 million, founders reportedly pocketing $20 million; one co-founder joins the buyer's board, the other departs.
Bridging-loan fintech Bridgit closed a 7.7 million dollar round with OIF Ventures and Perennial Partners, following earlier venture debt, to expand its rapid loan approval technology.
Also OIF Ventures portfolio·Australian FinTech·Startup Daily·Techboard·Startup Daily
Tradeplus24 has closed a £30 million debt facility from Partners for Growth to fund its UK expansion, with Neu Capital acting as debt adviser on the transaction.
OIF's write-up of bridging-loan startup TechLend: a two-month-old lender fielding heavy loan demand, already holding $50 million in venture debt from a Silicon Valley fund, now chasing a larger facility plus equity.
Also Startup Daily·Australian FinTech·Techboard·Australian FinTech
New Zealand digital lender NZ Fintech Group is courting wholesale investors for growth capital, citing a past convertible note settlement, a credit facility, and a Deloitte Fast 50 ranking in its offering pitch.
Cashrewards raised a $5.2 million Series A led by Alium Capital Management, its first equity funding after earlier debt, and plans an ASX listing in 2020.