Investor · 1 deal
Every published round Queensland Investment Fund (QIC) 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 |
|---|---|---|---|---|---|---|
| Paypa Plane | Series A | 3 Apr 2023 | $10m | Lead | Startup Daily (Wed 26 Jul 2023), SmartCompany, Women's Agenda, Australian FinTech, Startup Daily (Fri 31 Mar 2023), Business News Australia, paypaplane.com, Sprint Ventures portfolio |
Companies Queensland Investment Fund (QIC) has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Paypa Plane | 3 Apr 2023, Series A | 1 | 1 |
Fund closes reported for Queensland Investment Fund (QIC), as distinct from the investments it has made.
Companies Queensland Investment Fund (QIC) has backed that another company then bought. An exit for the holding, not a deal Queensland Investment Fund (QIC) did.
Stories naming Queensland Investment Fund (QIC). Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Brisbane payments fintech Paypa Plane has secured a $10 million Series A led by QIC, with Mastercard, Cuscal and Sprint Ventures joining earlier backers CBA and Tyro, funding hiring and US expansion.
Also Startup Daily·SmartCompany·Australian FinTech·Startup Daily·Women's Agenda