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      The reports review the year's local private equity and venture capital activity and are filled with up-to-date data and intelligence on fundraising, investments, exits and M&A. The regional reports also feature information on key companies.

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Square Peg Capital

power-electricity-grid-02
Australia SaaS platform Neara upsizes Series B

Australia’s Neara, a software-as-a-service (SaaS) platform that helps power companies simulate natural disaster scenarios, has closed a USD 24m Series B round featuring Prosus Ventures.

  • Australasia
  • 28 September 2023
fintech-financial-technology-01
Square Peg leads round for India payments start-up

Australia’s Square Peg Capital has led a USD 10.2m pre-Series A round for India-based payments technology provider XFlow.

  • South Asia
  • 30 May 2023
constantinople-founders
Constantinople raises Australia's largest-ever seed round

Australia’s Square Peg Capital has led a AUD 32m (USD 21.3m) seed round for local banking software provider Constantinople. It is being called the largest-ever seed investment in Australia.

  • Australasia
  • 18 May 2023
james-tynan
Australia's Square Peg adds partner

Australia-based Square Peg Capital has promoted James Tynan, a principal at the venture capital firm, to partner level. It brings the total number of partners to nine.

  • Australasia
  • 18 April 2023
avcj-230329cvr-72
Weekly digest - March 29 2023

  • Region
  • 29 March 2023
square-peg-team
GP profile: Square Peg Capital

Square Peg Capital came of age at the same time as the Australian and Southeast Asian VC ecosystems, straddling the two with a toehold in Israel. The idea was to think big, not get big. It’s doing both

  • Australasia
  • 28 March 2023
david-gowdey
Deal focus: Kredivo cuts through SE Asia growth-stage gloom

Indonesian consumer credit operator Kredivo has punctuated the VC doldrums with an ecosystem-encouraging pre-IPO round. Investors point to low customer acquisition costs as key to the success

  • Southeast Asia
  • 28 March 2023
online-payment-shopping-ecommerce-01
Indonesia’s Kredivo raises $270m Series D

Indonesian consumer credit company Kredivo, formerly known as FinAccel, has completed a USD 270m Series D round led by Mizuho Bank, which provided USD 125m.

  • Southeast Asia
  • 23 March 2023
avcj-australia-2023-private-wealth
Australian HNWIs want more PE exposure, but obstacles remain - AVCJ Forum

Private equity may not be proven in the eyes of Australia’s high net worth investors, most of whom haven’t been exposed to the asset class across multiple cycles, but it earned wider recognition last year as public equities and fixed income struggled.

  • Australasia
  • 16 March 2023
doctor-anywhere
Singapore's Doctor Anywhere raises $38m, makes acquisition

Southeast Asia-focused telehealth platform Doctor Anywhere has closed a second tranche of Series C funding worth USD 38.8m and acquired Singapore-listed Asian Healthcare Specialists (AHS).

  • Southeast Asia
  • 26 December 2022
New Zealand's Partly gets $21m Series A

New Zealand’s Partly, a company that uses big data to source replacement parts for the global automotive industry, has raised a NZD 37m (USD 21m) Series A round led by UK-based Octopus Ventures.

  • Australasia
  • 14 December 2022
Square Peg, Wellington back Australia's Rokt at $2.4b valuation

Square Peg Capital and Wellington Management have led a AUD 750m (USD 501m) investment in Australian e-commerce marketing technology provider Rokt at a valuation of USD 2.4bn.

  • Australasia
  • 08 December 2022
square-peg-capital
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.

  • Australasia
  • 27 October 2022
airwallex-2
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...

  • Greater China
  • 11 October 2022
money-slow-slump-plane-dollar-crash
Australia tech: Valuation conundrum

Valuation adjustments and down rounds are expected to proliferate in Australia’s technology sector in the next 12 months. Investors are busy scrutinising business models for signs of vulnerability

  • Australasia
  • 06 July 2022
australia-fire-wildfire
Skip leads Series B for Australia utilities SaaS platform

Skip Capital, a private investment firm established by Atlassian co-founder Scott Farquhar, has led a USD 14m Series B round for Neara, an Australian software-as-a-service (SaaS) platform that serves utilities.

  • Australasia
  • 26 May 2022
computer-code-2
Felicis leads $80m Series B for Singapore SaaS start-up Supabase

Singapore’s Supabase, a software-as-a-service (SaaS) and IT provider for app developers, has confirmed a USD 80m Series B round led by Felicis Ventures.

  • Southeast Asia
  • 13 May 2022
kshitij-minglani-nattu-adnan-lottie
Deal focus: Square Peg supports LottieFiles’ push for scale

LottieFiles has carefully cultivated an investor base that can participate in its bid to capture even more demand from companies keen to plug motion graphics into their apps and websites

  • Southeast Asia
  • 11 May 2022
lottiefiles
Square Peg backs US, Malaysia-based LottieFiles

Square Peg Capital has led a USD 37m Series B round for US and Malaysia-based motion graphics platform LottieFiles.

  • North America
  • 06 May 2022
neuron-scooter
Singapore's Neuron Mobility gets $43.5m

Singapore-based e-scooter rental start-up Neuron Mobility has raised USD 43.5m in Series B funding co-led by GSR Ventures and Square Peg Capital.

  • Southeast Asia
  • 29 April 2022
ben-pfisterer-zeller
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

  • Australasia
  • 23 March 2022
zeller-payment
Headline leads Series B for Australian payments start-up Zeller

Australian payments provider Zeller has closed an AUD 100m (USD 73m) Series B round led by Headline, a US venture capital firm, and supported by domestic superannuation fund Hostplus.

  • Australasia
  • 03 March 2022
rohan-pasari
Deal focus: Tapping a soft spot for Asian VCs

Investment professionals in Asia know on a personal level exactly what education technology provider Cialfo is doing and why the service is a big help. Now they’re taking it to the next level

  • Southeast Asia
  • 22 February 2022
university-graduation-education-2-d
Square Peg leads $40m round for Singapore edtech player

Australia-based Square Peg Capital has led a USD 40m Series B round for Singapore-based education technology provider Cialfo.

  • Southeast Asia
  • 28 January 2022
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