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Daily tech roundup: Lyft sells its self-driving unit to Toyota, Sea Forest raises for Tasmanian seaweed farming, Kogan founders' past share sale resurfaces, plus Tesla results and a TikTok radio launch.
Investor · 1 deal
Every published round PGA Investments 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 |
|---|---|---|---|---|---|---|
| Sea Forest | Unnamed stage | 27 Apr 2021 | $34m | Lead | Startup Daily (Wed 26 Nov 2025), SmartCompany (Mon 30 Jan 2023), SmartCompany (Fri 29 Oct 2021), Startup Daily (Mon 3 May 2021), Startup Daily (Tue 27 Apr 2021), SmartCompany (Tue 27 Apr 2021) |
Companies PGA Investments has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Sea Forest | 27 Apr 2021 | 1 | 1 |
Fund closes reported for PGA Investments, as distinct from the investments it has made.
Companies PGA Investments has backed that another company then bought. An exit for the holding, not a deal PGA Investments did.
| Name | Role | Sources |
|---|---|---|
| Peter Gunn | Founder | Startup Daily (Wed 26 Nov 2025), Startup Daily (Tue 27 Apr 2021) |
Stories naming PGA Investments. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Daily tech roundup: Lyft sells its self-driving unit to Toyota, Sea Forest raises for Tasmanian seaweed farming, Kogan founders' past share sale resurfaces, plus Tesla results and a TikTok radio launch.
Tasmanian seaweed startup Sea Forest has raised an oversubscribed $34 million round from Macquarie's agricultural arm, PGA Investments and Rob Purves, to build a large farm and processing facility cutting livestock methane emissions.
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