Investor · 2 deals
Every published round Bay Grove 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 |
|---|---|---|---|---|---|---|
| Ofload | Series B | 15 Nov 2022 | $60m | Participant | Startup Daily (4 Jun 2024), SmartCompany (4 Jun 2024), SmartCompany (14 Dec 2022), Techboard, SmartCompany (18 Nov 2022), @AuManufacturing, SmartCompany (16 Nov 2022), Startup Daily (15 Nov 2022), SmartCompany (15 Nov 2022), Forbes Australia | |
| Ofload | Series A | 7 Dec 2021 | $20m | Participant | Startup Daily (4 Jun 2024), SmartCompany (4 Jun 2024), Startup Daily (15 Nov 2022), SmartCompany (15 Nov 2022), Forbes Australia, Startup Daily (27 Sep 2022), Techboard, Startup Daily (13 Dec 2021), SmartCompany (10 Dec 2021), Startup Daily (7 Dec 2021) |
Companies Bay Grove has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Ofload | 7 Dec 2021, Series A | 2 | 0 |
Fund closes reported for Bay Grove, as distinct from the investments it has made.
Companies Bay Grove has backed that another company then bought. An exit for the holding, not a deal Bay Grove did.
Stories naming Bay Grove. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian road-freight platform Ofload has raised $60 million in Series B debt and equity, led by Jungle Ventures, following its September purchase of Melbourne-based freight business CIA Logistics.
Also SmartCompany·Startup Daily·SmartCompany·@AuManufacturing·SmartCompany·Techboard·SmartCompany·SmartCompany·Startup Daily
Sydney freight logistics startup Ofload raised a $20 million Series A at a $100 million valuation, with existing backers reinvesting and King River Capital, Flexport and Bay Grove joining.
Also SmartCompany·Startup Daily·Techboard·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Forbes Australia