Tidemark Capital

Six ANZ startups that raised $211.1 million this week

Roundup of six Australian and New Zealand funding rounds, headlined by Heidi Health and Octopus Deploy, also covering Nexl, OpenSolar, Lucent and PAM, with past acquisitions of Stella AI, MagicBrief and Codefresh noted.

Also Startup Daily·Startup Daily·Women's Agenda

Law tech management platform Nexl nabs $35 million Series B

Sydney-based legal CRM firm Nexl secured a US$23 million Series B led by Tidemark Capital to fund hiring, acquisitions and AI development, lifting its recent fundraising beyond $45 million.

Also SmartCompany·Startup Daily

FUNDED February 2022

Techboard's monthly roundup reports February 2022 raises including Scalapay's A$692m Series B, Employment Hero's $181m and Karbon's $93m, My Rewards' ASX listing, and investor deal notes on OwnHome, Kepler Analytics and Blakthumb.

Ignition Lane's Weekly Wrap: Tech's climate fight, another big raise week, valuations set to fall?

Ignition Lane's weekly technology roundup: climate-tech funding activity, Grok's bid for AGL, King River Capital's digital asset fund, a batch of Australian startup raises, Maropost acquisitions, GigSuper's collapse and a National AI Centre appointment.

Also Startup Daily

Accountancy software startup Karbon counts on $93 million raise

Cloud accounting practice management firm Karbon has secured a large new investment from US firm Tidemark Capital, its second backing within a year, lifting the business's worth roughly fivefold since early 2021.

Also SmartCompany·Techboard

Accounting software startup Karbon banks $93 million

Accounting software firm Karbon raised US$66 million led by Tidemark Capital, following earlier 2021 and 2018 raises. The piece also recalls Paycycle's sale to Xero and notes CBA's investment in Paypa Plane.

TCV veteran David Yuan's Tidemark shoots past target for Fund I, raising $575m

David Yuan's investment firm Tidemark closed its first fund well above its original goal, collecting 575 million dollars after roughly half a year of marketing to backers.

Tidemark Closes First Time Fund

Ex-TCV general partner David Yuan launches Tidemark Capital

A former TCV general partner has started a new investment firm focused on growth-stage technology companies, with a debut fund of roughly $350m currently being marketed to backers.