Thorney Investment Group

Ignition Lane's Weekly Wrap: CBA's cash splash, NZ's Hi-Tech awards, the biggest tech news from around the world

Weekly roundup covering CBA's strategic stakes in Little Birdie and Amber, several Australian funding rounds, Zip's BNPL acquisitions, Tritium's planned NASDAQ listing, Amazon's MGM purchase and other global tech news.

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Superhero secures $25 million as share-trading trend gains momentum

Australian investing platform Superhero raised $25 million at a valuation above $100 million, with repeat angel backing from Nick Molnar and Larry Diamond plus Fred Schebesta, Regal Funds Management and Thorney Investment Group.

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Immediation bags $3.75 million for tech shaking up dispute resolution for SMEs, as Kate Carnell calls for reform

Melbourne dispute-resolution platform Immediation raised a $3.75 million Series A backed by Thorney, Euroz Hartleys and SG Hiscock, and acquired NZ's CODR, while ombudsman Kate Carnell pushes small-business justice reform.

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Thorney, Perennial back Microba’s gut feeling

Gut health biotech Microba has raised $10 million in its Series B round, backed by Thorney Investments, Perennial Value and Alium Capital, following Macrogen's separate $4.1 million investment announced the prior week.

The team behind Barbeques Galore just raised $20 million in series A funding for a children’s online tutoring business

Cluey, Mark Rohald's online tutoring venture for schoolchildren, has secured $20 million in Series A backing from Allectus Capital and Thorney, bringing its total funding to $31 million.

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Edtech raises $20 million for platform transforming tutoring — less than a year after go live

Tutoring technology company Cluey Learning has secured a twenty million dollar Series A round led by two investors, with its founding investment firm also participating, to grow its platform and team.

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