Managing Partner · Founder, Shearwater Capital
Stories naming Zac Zavos. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Rob Hall, who co-founded Playground xyz, has launched Parallel, a customer-suitability ad platform in Sydney and London, with Shearwater Capital investing AU$4 million at seed. Playground xyz was bought by GumGum in 2021.
Also europesays.com
Shearwater Capital republishes a profile of Mike Gregg recounting his two-decade personal stake in WiseTech, his earlier healthcare software exit, and the firm's repeated investments in pet food business Lyka.
Research platform Ideally has secured a Series A round with Shearwater Capital leading, earmarked for US expansion, and unveiled a new product, Ideally Canvas.
Sydney pet food firm Lyka has banked a $67 million Series C led by New York's LGVP, with StepStone Group and Shearwater Capital taking part, to bankroll new products and overseas growth.
Also SmartCompany·SmartCompany·Startup Daily·Startup Daily·petnews.com.au
Shearwater Capital announces its first cheque into EvenBetter.ai, an AI SaaS platform helping companies act on workplace pay equity, and recalls co-founders Ayal Steiner's Outbrain career and Sorrel's path to the startup.
Also SmartCompany
Shearwater Capital's sixth-anniversary letter recounts its founding, 22 investments, and the close of its second fund, underwritten solely by Mike, giving the firm $100m to invest in Australian and New Zealand founders.
Melbourne engineering-software firm ClearCalcs has landed a further $2.5 million led by EVP and Shearwater Capital to fund its next growth phase; the piece also notes a September growth-hire appointment.
Melbourne engineering software firm Calcs.com raised an extra $2.5 million from existing backers EVP and Shearwater Capital, lifting its pre-series total to $5 million after doubling revenue since its November 2021 round.
Pet food subscription startup Lyka closed a $30 million Series B led by Israeli investor Itai Tsiddon, with Craig Blair and Paul Wilson returning; the article also recalls its 2018 raise and Adobe's Frame.io acquisition.
Also SmartCompany·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Business News Australia
Shearwater Capital recounts a 2022 portfolio dinner where Playground XYZ's founders shared their journey to the company's late-2021 acquisition by US firm GumGum.
Fuel50 has raised a US$15.5 million Series B with PeakSpan and Shearwater leading the round, bringing lifetime funding to about $28.2 million as the talent marketplace firm plans growth across three regions.
Presentation software firm SalesPreso has rebranded as LivePreso after a $5 million round led by Shearwater Growth Ventures, with Chris Ridd joining its board as it targets business clients including Asahi and Iress.
Also SmartCompany
Diffuse Energy, a University of Newcastle startup, has secured seed funding from Shearwater Growth Equity to scale production of its small diffuser wind turbines for telecommunications and emergency services use.
Sydney supplier-payment marketplace Earlytrade completed a $6 million raise, led by new venture fund Shearwater Growth Equity with $2.5 million, alongside several high-net-worth individuals, with Shearwater's founders joining the board.
Also Australian FinTech
Pay-equity software startup EvenBetter.ai has landed a half-million-dollar investment from Shearwater Capital ahead of next month's launch, as new Australian gender pay reporting rules take effect.