Family office · 2 deals
Perth, WA
Every published round Tattarang 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 |
|---|---|---|---|---|---|---|
| NodeOne | Unnamed stage | 26 Jul 2020 | - | Participant | ARN (ARNnet) (Mon 16 May 2022), ARN (ARNnet) (Thu 25 Nov 2021), Startup Daily, ARN (ARNnet) (Sun 26 Jul 2020) | |
| Azupay Pty Ltd | Unnamed stage | 13 Jul 2020 | - | Lead | Australian FinTech (Thu 9 Sep 2021), Startup Daily (Mon 6 Sep 2021), Startup Daily (Wed 29 Jul 2020), Startup Daily (Mon 13 Jul 2020), Australian FinTech (Wed 8 Jul 2020) |
Companies Tattarang has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Azupay Pty Ltd | 13 Jul 2020 | 1 | 1 | |
| NodeOne | 26 Jul 2020 | 1 | 0 |
This is a stake in the fund itself, money that the fund's manager invests, not a stake in the fund manager.
Companies Tattarang has backed that another company then bought. An exit for the holding, not a deal Tattarang did.
Stories naming Tattarang. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
KPMG administrators took control of ProForm Foods, the company behind the Meet brand, and the piece recalls earlier raises at v2food and All G Foods as the plant-based sector cools.
A profile of Startmate ranking the twenty most valuable companies it has backed, noting their valuations, past raises and founders, plus Bugcrowd's newly announced purchase of Informer and its climate focus.
KPMG insolvency practitioners now run plant-based meat firm Proform Foods, which trades on during a sale process; the piece recalls Harvest Road's 2021 minority stake, reportedly near $5 million.
Q&A with FutureFeed's chief executive on Asparagopsis seaweed as a livestock methane-cutting feed additive: its licensing business, backers, licensees' progress, regulation, research and scaling hurdles.
Andrew Forrest again postpones a decision on the Gibson Island green hydrogen project in Queensland, and his Squadron Energy appoints ex-APA head Rob Wheals chief executive, with Jason Willoughby shifting to chairman.
Profile of ALIAVIA, the venture fund Marisa Warren and Kate Vale started to back women founders across Australia and the US, its Australian backers, and its portfolio companies Eugene, Loupe, HowToo and Othelia AI.
Profile of ALIAVIA, the venture fund Marisa Warren and Kate Vale run from California to back women founders across Australian and US markets; also covers its backers, early investments, and Warren's ELEVACAO program.
ALIAVIA Ventures has closed its debut fund at A$13.5 million. The US-based firm backs female founders bridging Australian and US markets; backers include Carol Schwartz, Tattarang, the Denholms, Euphemia, Dom Pym and Cynthia Scott.
Also SmartCompany·Women's Agenda·Forbes Australia·TechCrunch Venture
Paul Slaughter has abruptly left his role as chief executive of WA meat processor Harvest Road, becoming the latest in a series of senior departures from Twiggy Forrest's Tattarang group.
Weekly roundup of eight Australian startups raising a combined $30.2 million, spanning SME lending, quantum computing grants, proptech, consumer apps and recycling, plus Stylerunner's earlier sale to Accent Group.
Also Startup Daily
Twin sisters Sali Sasi and Julie Stevanja have rebranded their bargain-finding app Her Black Book as Wrapd, rolled out a browser version, and raised $1.8 million from returning plus four fresh backers.
Also SmartCompany
Profile of Mindset Health's founder brothers and their hypnotherapy apps, covering a fresh $18m Series A and earlier backing from Startmate and James Beshara.
Also Alberts Impact Ventures portfolio·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Crunchbase News
Therapeutic psychedelics biotech Emyria has banked $2.5 million via a share placement co-led by Sixty Two Capital and Taylor Collison, with follow-on from Andrew Forrest's Tenmile, funding MDMA- and psilocybin-assisted therapy and cannabinoid trials.
Sydney diagnostics developer SpeeDx banked $26 million for American expansion, with $5 million from Andrew Forrest's new fund Tenmile and follow-on support from Platinum and Northpond.
Also SmartCompany
Tattarang, the Forrests' private investment vehicle, has partnered with Startmate to back women-led startups in its latest accelerator intake, which includes Kapture, Kelpy and Turnto.
Biotech Aravax has received a US$20 million Series B commitment from Brandon Capital and Tenmile to advance its peanut allergy therapy PVX108 into Phase 2 trials.
Also Brandon Capital portfolio·Startup Daily·Startup News (WA)·Techboard·Startup Daily
Ignition Lane's weekly tech roundup covering fresh Australian startup raises, new venture funds and closes, a wave of acquisitions, delistings and a liquidation, executive moves, and Canva's product launch.
Also Centerstone Capital portfolio·Startup Daily·SmartCompany·6clicks.com·ARN (ARNnet)·Centerstone Capital portfolio·Techboard·Startup Daily
Andrew Forrest's private investment company Tattarang is launching Tenmile, a Perth-based $250 million health-tech venture fund that has already backed Emyria and Carina Biotech and partnered with Rock Health.
Sydney IT consultancy Cloudwerx has raised $7 million from CVC Emerging Companies Fund, its first external capital, to fund expansion, double staffing and pursue acquisitions.
Tattarang, Andrew Forrest's investment firm and R.M. Williams parent, has put $26.8m into Natural Fiber Welding's Series B; the US materials startup's Mirum leather substitute may reach the bootmaker's vegan lineup.
The founders of the shuttered Stylerunner have raised seed funding for their new shopping app Her Black Book, led by Andrew Hagger with Touch Ventures support; the article recalls Stylerunner's acquisition by Accent Group.
Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany
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.
Andrew Forrest's family company Tattarang, via its agri-food venture Harvest Road, has taken a roughly $5 million strategic minority stake in Sydney plant-based meat maker ProForm Foods as it targets international growth.
Dark fibre provider FibreconX has secured investment from Andrew Forrest's private investment group Tattarang, supporting planned network expansion into Melbourne and Brisbane; Tattarang previously backed telco NodeOne in 2020.
Australian payments fintech Azupay has raised A$10 million in equity from Ellerston Capital's JAADE fund to grow its customer base and product plans, building on earlier backing from Tattarang.
Also Australian FinTech·Startup Daily·Startup Daily·Startup Daily
Australian payments fintech Azupay has raised a $10 million equity investment from Ellerston Capital's JAADE fund, following Andrew Forrest's majority stake via Tattarang the previous year.
Also Australian FinTech·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Australian FinTech
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)
Andrew Forrest's family investment firm Tattarang has taken a majority stake in payments startup Azupay and invested in GLX Digital's Series A alongside Woodside Energy and Shell Ventures, while also backing telco NodeOne.
Western Australian fixed wireless provider NodeOne received investment from Tattarang and CVC to expand its network and business offering; the Forrest family also previously took a stake in Swoop.
Tattarang, the Forrest family's investment group, has taken a majority stake in Azupay, an Australian payments fintech whose instant PayID-based service is being rolled out by the NSW Government.
Also Startup Daily·Startup Daily·Startup Daily·Australian FinTech
Windlab shareholders approved a Forrest-backed takeover led by Federation Asset Management and Squadron Energy, valuing the wind developer near $68 million, while Infigen urged caution over a $777 million bid from UPC and AC Energy.
Also RenewEconomy