Domain

Nine walks away from its $49 million digital media investment, Pedestrian, handing it to Richard White’s Vinyl

Vinyl Group is buying Nine's youth publisher Pedestrian Group for nominal consideration, ending Nine's costly ownership. The piece also recalls Nine's stake purchases, Linkby's Series B, and Vinyl's acquisitions and shutdowns.

Also Startup Daily·This Week in Australian Startups·Capital Brief

Proptech FoundIt settles on $2 million pre-Seed to put power back in the hands of home buyers

FoundIt, a property platform connecting buyers with buyers' agents, has landed a $2 million pre-seed round from founders of Realbase, Realtair and Propps before its public launch in August.

Also SmartCompany

Project Manda raises $2 million to cull pointless work meetings

Project Manda, whose AI platform trims wasteful meetings, has collected more than $2 million at pre-seed, with Tech Labs Capital and Black Sheep Capital leading, as it eyes the US market.

Seven backs real estate media baron Antony Catalano in $100 million proptech play

Seven West Media's venture arm joins Antony Catalano and Alex Waislitz in backing their proptech consortium View Media Group, with cash, capital and media services pushing the package past $100 million; the piece also recalls earlier property media deals.

FUNDED APRIL 2022

Techboard's monthly roundup cataloguing April 2022 Australian startup funding: megadeals, seed rounds, grants and crowdfunding, nine acquisitions, several ASX listings, and venture firms' fund news.

Ignition Lane's Wrap: the state of Cloud, VC advice, Tiger stripes, cattle class crypto, M&A fires up

Weekly tech wrap: cloud-market trends, Tiger Global's cheques into Stake, Shippit and Carma, new VC funds, several acquisitions, grocery delivery startups Send and Quicko collapsing, and Elaine Stead joining M8 Ventures.

Also Startup Daily

Domain invests $1.2 million in new kid on the block KindiCare’s seed round

Property listings company Domain led childcare marketplace KindiCare's seed round with a $1.2 million stake within a $3.3 million total, deepening an existing data partnership; founder Benjamin Balk keeps majority ownership.

Damon Pezaro joins FinTech disruptor CarClarity as Non- Executive Director

Car loan platform CarClarity appoints Damon Pezaro, who held product roles at Domain, Prospa and Finder, as a non-executive director to advise on product strategy during its 2022 expansion.

Blys - Initial Investment

Wellness platform Blys took investment from Phoenix Development Fund in November 2020; the investor gained a board seat via Aizaz Syed, while founder Ilter Dumduz leads the at-home services marketplace.