HOSTPLUS
Australia's Main Sequence hits $305m first close on Fund III
Australian deep tech VC firm Main Sequence has reached a AUD 450m (USD 305m) first close on its third fund, bringing overall funds under management to about AUD 1bn.
Australian satellite provider Fleet gets $33m Series C
Australian satellite maker and services provider Fleet has closed a AUD 50m (USD 33m) Series C round led by Blackbird Ventures following an aggressive foray into mining.
Superfunds top-up Series B for Australia's Morse Micro
Five Australian superannuation funds have backed a AUD 30m (USD 20.4m) investment in local Wi-Fi chipmaker Morse Micro, extending a recent Series B round to AUD 170m.
Australia VC player Blackbird closes $647m fund
Blackbird Ventures has raised AUD 1bn (USD 647m) for its latest fund, which will invest in “generational” technology companies in Australia and New Zealand. It is the largest ever VC fund raised by an Australia-based manager.
Australia’s Square Peg raises $550m across two VC funds
Australian venture capital firm Square Peg Capital has raised USD 550m across two vehicles, including its fourth flagship early-stage fund and a follow-on fund.
Airwallex raises another $100m, valuation holds steady
Hong Kong-based Airwallex, a cross-border payments provider turned broader financial technology platform, has raised USD 100m in a second extension to its Series E round at a valuation of USD 5.5bn. It comes 11 months after the company secured the same...
Australia hydrogen player gets $29m Series A
Australia’s Virescent Ventures, a VC firm spun out earlier this year from Clean Energy Finance Corporation (CEFC), has led a AUD 40m (USD 29m) Series A round for local hydrogen energy start-up Hysata.
Deal focus: Zeller makes its presence felt
Less than a year after launching its digital payments-led product suite, Australia-based Zeller has accumulated 11,000 merchant customers, raised over USD 100m, and achieved a USD 750m valuation
Australia VC: An ideal match?
Having backed Australian VCs for Hostplus, Neil Stanford is now raising a fund-of-funds with a view to catalysing a state-wide start-up ecosystem. A preferred return structure is being used to lure LPs
Ex-Hostplus PE head launches state-level early-stage fund
V-Ignite, an investment firm established by the former PE and VC head at Australian superannuation fund Hostplus, is looking to raise AUD 120m (USD 86m) for a fund-of-funds that will support managers in the state of Victoria.
Australian rocket developer gets $45m Series C
Australian rocket developer Gilmour Space Technologies has raised a A$61 million ($45 million) Series C round featuring local investors Blackbird Ventures and Main Sequence Ventures.
Australia's Main Sequence closes Fund II at $194m
Main Sequence Ventures, a specialist deep tech investor established by Australia’s national science agency, CSIRO, has closed its second fund with A$250 million ($194 million) in commitments.
Australia's Square Peg closes third VC fund at $450m
Australian’s Square Peg Capital has closed its third fund at A$600 million ($450 million). It is now said to be the best capitalized VC in the country with A$1.4 billion in funds under management.
Australia’s Square Peg raises $240m for third VC fund
Australian VC firm Square Peg Capital has received initial commitments of A$350 million ($240 million) for its third fund from investors including Hostplus and AustralianSuper.
Coronavirus & Australia VC: In SaaS we trust
Enterprise services start-ups with recurring revenue are well positioned, but mid-cap players could become vulnerable
Hostplus backs $19m Series B for Australia's Myriota
Hostplus, an Australian superannuation fund known for its VC activity, has backed a $19.3 million Series B round for local space technology start-up Myriota.
Australia's Athena Home Loans gets $48m Series C
Australian financial technology start-up Athena Home Loans has raised A$70 million ($48 million) in Series C funding from a group of investors led by AustralianSuper.
Australian superfund consolidation to alter private markets strategies
Australia’s pension market is ripe for consolidation, which will see the emergence of a handful of mega superannuation funds that leverage their scale to bring more investment activity in-house, according to leading industry participants.
Sequoia leads $82m Series E for Australia’s Culture Amp
Sequoia Capital China has led an $82 million Series E round for Culture Amp, an Australian enterprise technology provider focused on human resources (HR).
Australia's Square Peg confirms $237m close for Fund II
Australia’s Square Peg Capital has secured two new superannuation fund backers for its second fund, which has closed at A$340 million ($237 million).
Fund focus: Hostplus’ diversification drive
Australia's Hostplus partners with Natixis-backed Flexstone Partners for an investment program focused on backing middle-market US managers
Australia's Hostplus establishes US emerging managers program
Australian superannuation fund Hostplus has launched an investment program focused on middle-market US private equity managers with Flexstone Partners, a PE unit of Natixis.
Square Peg leads $18m round for Australian lender
Australian online mortgage marketplace Athena Home Loans has raised a A$25 million ($18 million) Series B round led by existing backer Square Peg Capital, with participation by new investors Hostplus and Airtree Ventures.
Blackbird hits $193m final close on Australia VC fund
Blackbird Ventures has closed its third Australian VC fund with A$261 million ($193 million) in commitments, split between a core investment vehicle and a top-up fund.