Corporate / CVC · 1 deal
Every published round Suzuki Motor 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 |
|---|---|---|---|---|---|---|
| Applied EV | Unnamed stage | 12 Sep 2022 | $21m | Lead | Techboard, Startup Daily, appliedev.com |
Companies Suzuki Motor has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Applied EV | 12 Sep 2022 | 1 | 1 |
Fund closes reported for Suzuki Motor, as distinct from the investments it has made.
Companies Suzuki Motor has backed that another company then bought. An exit for the holding, not a deal Suzuki Motor did.
Stories naming Suzuki Motor. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australia's competition regulator approved Peter Warren Automotive's purchase of Wakeling Automotive's new car dealerships, on condition eight local dealership sites are divested to protect competition.
Eight Australian companies make Forbes Asia's annual 100 To Watch list; the piece profiles each and recaps recent raises across climate tech, health and software.
Melbourne autonomous EV maker Applied Electric Vehicles has secured US$40 million in Series B funding, with the National Reconstruction Fund contributing $30.7 million alongside Barrenjoey, Japan Post Capital, Suzuki and St Baker.
Australia's National Reconstruction Fund has put $30.7 million into Melbourne autonomous vehicle maker Applied EV as the largest slice of a US$40 million Series B alongside Barrenjoey and Japan Post Capital.
The National Reconstruction Fund has put $30.7 million into Melbourne autonomous vehicle maker Applied EV, forming most of its $57 million Series B alongside Barrenjoey and Japan Post Capital.
Suzuki and Applied EV signed an agreement to co-develop an autonomous electric four-wheel-drive based on the Blanc Robot platform; Suzuki had earlier invested in the Australian company.
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.
Suzuki has taken an undisclosed strategic stake in Applied EV, an Australian developer of software-based vehicle control systems, to speed development work for future mobility applications.
Also Startup Daily·Techboard
GO1 raised a Series B round above $30m, led by Microsoft's venture fund M12, with SEEK, Y Combinator and newcomer Larsen Ventures investing; M12 takes a board seat.
Brisbane education platform GO1 closed a Series B of over $30 million led by Microsoft's M12, with SEEK, Y Combinator and Larsen Ventures participating. M12 gains a board seat, its first Australian investment.
Also SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany