Board Director, RedEarth Energy Storage Ltd · angel in 1 deal
Every published round Albert Tse took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Upstreet | Seed | 22 Mar 2022 | $3m | Participant | Startup Daily (12 Sep 2023), Techboard, Australian FinTech, Startup Daily (22 Mar 2022) |
Companies Albert Tse has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Upstreet | 22 Mar 2022, Seed | 1 | 0 |
Fund closes reported for Albert Tse, as distinct from the investments it has made.
Companies Albert Tse has backed that another company then bought. An exit for the holding, not a deal Albert Tse did.
Stories naming Albert Tse. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Queensland battery firm RedEarth Energy Storage has entered voluntary administration, leaving backers including Perennial Partners and Thorney Technologies facing losses after once being valued at $100 million.
Sydney app Upstreet, which gave shoppers fractional shares for their spending, is closing; the founders gave no reason, 18 months after a Wattle Hill-led seed round and a lifetime raise near $5 million.
Also Startup Daily
Techboard's March 2022 roundup of Australian funding: megadeals by Immutable, Saluda Medical, Linktree and Zeller, many smaller raises, acquisitions, an IPO, several fund closes, and companies still seeking capital.
Also Australian FinTech
Upstreet, which gives shoppers fractional share rewards, has raised a $3 million seed-plus round led by Wattle Hill Capital, with funds earmarked for retail partnerships and platform upgrades.