Company
Every investor coverage indicates participated in a round Derwent Industries raised.
Companies Derwent Industries acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Derwent Industries. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Week's funding roundup: Re-Leased raised US$12.5m for its property platform, Modra landed $15m from ABGF, and Safe Ag Systems drew $2.5m from AgFood Fund; Oltre took out the publisher's pitch contest.
The Australian Business Growth Fund puts $15 million into Modra, a Victorian maker of carpet manufacturing technology, for R&D and hiring; the fund's total outlays now reach $180 million from a $540 million pool.
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Growth fund ABGF has invested $10 million for a minority stake in Solbari, a Melbourne sun-protective clothing label, its tenth deployment and second backing of a female-founded company.
Skincare company Inskin Cosmedics has received an undisclosed investment from the Australian Business Growth Fund, becoming the fund's first women-founded portfolio company; earlier ABGF investments in Hubbed and Derwent Industries are recalled.