Company
Every published round Stemify 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.
Companies Stemify has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Stemify, as distinct from the investments it has made.
Companies Stemify has backed that another company then bought. An exit for the holding, not a deal Stemify did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Stemify is recorded as having been acquired. | ||||
Companies Stemify acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Swoop | Acquisition | 18 Feb 2021 | $61.3m | ARN (ARNnet) (Wed 26 May 2021), Startup Daily, ARN (ARNnet) (Thu 18 Feb 2021) |
| NodeOne | Acquisition | 18 Feb 2021 | $61.3m | ARN (ARNnet) (Wed 26 May 2021), ARN (ARNnet) (Thu 18 Feb 2021) |
Stories naming Stemify. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian fixed wireless carrier Swoop Telecommunications debuts on the ASX under ticker SWP after a $20 million underwritten capital raising, having earlier completed a $61.3 million reverse takeover via Stemify.
Also ARN (ARNnet)
Roundup: Facebook blocks Australian news publishers including Startup Daily; Deliveroo loses a Dutch rider classification appeal; telco Swoop agrees a $61.3 million reverse takeover with Stemify to reach the ASX; NBN paid executives bonuses.
Also ARN (ARNnet)·ARN (ARNnet)
Swoop Telecommunications and NodeOne are to list on the ASX via a $61.3 million reverse takeover with Stemify, backed by Tattarang and founders James Spenceley and Tony Grist, plus a planned $20 million raise.
Also ARN (ARNnet)