FUNDED Edition 2: August 2021
Techboard's roundup lists August 2021 Australian funding events, including raises by TechLend, v2food, Hireup and others, Fresh Equities' CEO-backed investment, and Five V Capital's $50m stake purchase in Penten.
Startup · $50m raised
Sydney, NSW
Every investor coverage indicates participated in a round TechLend raised.
| Investor | Rounds | Invested |
|---|---|---|
| Partners for Growth | Venture debt | $50,000,000 |
Companies TechLend acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming TechLend. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Techboard's roundup lists August 2021 Australian funding events, including raises by TechLend, v2food, Hireup and others, Fresh Equities' CEO-backed investment, and Five V Capital's $50m stake purchase in Penten.
OIF's write-up of bridging-loan startup TechLend: a two-month-old lender fielding heavy loan demand, already holding $50 million in venture debt from a Silicon Valley fund, now chasing a larger facility plus equity.
Also Startup Daily·Australian FinTech·Techboard·Australian FinTech
Non-bank lender TechLend has launched in Australia offering interest-free bridging loans to property buyers. Founded by Aaron Bassin and Nick Jacobs, it has received seed investment from Stake's Matt Leibowitz.