Ledger.

Startup · $969m raised

Scalapay

Wollongong, NSW

Coverage

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

12 deals

The 10 biggest capital raises by Australian startups in 2023

A year-end SmartCompany roundup counting down 2023's ten largest Australian startup raises, headed by Employment Hero's $263m Series F, with investor details and commentary on fewer mega-rounds and continued under-representation of women co-founders.

32 deals

FUNDED September 2022 Including September Q Review

Techboard's September 2022 roundup reports Australian raises led by Morse Micro's $140m Series B, several acquisitions including ResApp Health to Pfizer, fund closes by Telstra Ventures, OIF and Main Sequence, and open raises.

Also @AuManufacturing·SmartCompany·SmartCompany

Series B $108m

KKR backs Aussie robotics company in blockbuster $108m raise

US giant KKR joined navigation-technology maker Advanced Navigation's $108 million Series B, alongside returning local backers; the company also bought ANU spin-out Vai Photonics, and two KKR staff will join its board.

Also OIF Ventures portfolio·@AuManufacturing·SmartCompany·Startup Daily·Techboard·SmartCompany·Forbes Australia

12 deals

Ignition Lane's Weekly Wrap: The unicorn boom, valuations heading south, Meta faces legal squeeze

Ignition Lane's weekly roundup covers Linktree's unicorn raise, several Australian funding rounds, Tiger and Insight's new mega-funds, falling SaaS valuations, the ACCC's action against Meta, and new accelerator and product launches.

20 deals

Ignition Lane's Weekly Wrap: Tech's climate fight, another big raise week, valuations set to fall?

Ignition Lane's weekly technology roundup: climate-tech funding activity, Grok's bid for AGL, King River Capital's digital asset fund, a batch of Australian startup raises, Maropost acquisitions, GigSuper's collapse and a National AI Centre appointment.

Also Startup Daily

10 deals

E-bikes, SME lending and rethinking ‘tickets’: Seven $1 million-plus raises you might have missed

Weekly roundup of seven startup raises: OCR Labs' Series B, Zoomo's Series B extension, plus new funding for Lumi, Upflowy, Linkby, Fortiro and Licorice, alongside Scalapay's unicorn round and Arkon Energy's pre-seed.

Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·Startup Daily·Forbes Australia·Australian FinTech

9 deals

Rokt raises $458 million, as Aussie startups continue to cash in

Rokt's Series E tops a week of Australian raises including Dovetail, Inventia, DiviPay, Atomi, 6clicks, Replica Studios and ProForm Foods, with SimPro's recent raise noted.

Also Startup Daily·Startup Daily·SmartCompany·Startup Daily

2 deals

Tiger Global places another Aussie bet, this time on Assignar

Tiger Global led a US$16.5m secondary funding round in construction software firm Assignar, co-led by SecondQuarter Ventures, with Fifth Wall and HighSage taking part; past backers and a $20m Series B are recalled.

Also OIF Ventures portfolio

19 deals

Crowd-sourced funding just had an epic quarter

Equity crowdfunding platform Birchal reports a record September 2021 quarter for CSF raises, and the article rounds up September's large venture rounds including Airwallex, Canva, Cover Genius and Scalapay.

Also Wholesale Investor

5 deals

Insurtech Cover Genius hits unicorn after $100 million series C raise

Sydney insurtech Cover Genius raised a $100 million Series C led by Sompo Holdings to reach unicorn valuation, with G Squared participating, capping a strong month for Australian startup funding rounds.

Also Startup Daily·SmartCompany·SmartCompany

8 deals

Airwallex raises $276 million, bringing it to a $5.5 billion valuation

Airwallex has raised a US$200 million Series E at a US$4 billion valuation, led by Lone Pine Capital, with its founders also unveiling a $200 million fund amid a wave of big local raises.

2 deals

Two startups bag $100 million deals, as Aussie ecosystem hits a new level of maturity

SmartCompany reports Mable and SiteMinder have each landed nine-figure cheques, from General Atlantic and Fidelity International respectively, with a Right Click Capital partner tipping more big deals as the local ecosystem matures.

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

13 deals

Ignition Lane’s Weekly Wrap: Kiwi ‘funtech’, buying Maccas with BTC, Aussie exits, Twitter’s Facebook move

Weekly venture roundup covering Scalapay's giant series A, numerous Australian raises, acquisitions of Clipchamp, Paidy and CipherTrace, Houseparty's closure, crypto regulation developments, and Atlassian appointing a Cloudflare founder as director.

Also SmartCompany·Startup Daily

2 deals

European fintech Scalapay, founded by two Aussies, raises A$210m led by Tiger Global

Scalapay, a European buy-now-pay-later provider started by two Australians, has closed a Series A round worth A$210 million led by Tiger Global, and recently appointed two executives to run operations and expansion.

Also Startup Daily·SmartCompany·Startup Daily

2 deals

Australia’s latest almost-unicorn: What is BNPL player Scalapay, and where did it come from?

Scalapay, an Australian-born BNPL startup focused on European fashion retail, raised a $210 million Series A led by Tiger Global, valuing it above $1 billion, following a $63 million seed round in January 2021.

Also Startup Daily·Australian FinTech·Startup Daily

2 deals

US VC Tiger Global just turned Scalapay, a BNPL from Wollongong, into a unicorn fintech with a $210 million series A

Buy-now-pay-later fintech Scalapay, founded by Australians and focused on Southern Europe, has raised a $210 million Series A led by Tiger Global, reaching unicorn valuation, with hiring plans ahead.

Also SmartCompany·Startup Daily·Australian FinTech·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily

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