FTX

Chipper Cash Becomes A Unicorn & Mr Yum raises US$65m Series A led by Tiger Global

TEN13 newsletter reporting Chipper Cash's US$150m unicorn round, Mr Yum's Tiger Global-led Series A, and new investments in Payhippo, Preezie, Pushas and Heaps Normal, plus portfolio updates.

Also Skalata Ventures·Skalata Ventures·Archangel Ventures portfolio·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Beef Central / Grain Central·Forbes Australia·SmartCompany·LaunchVic

DOG'S BREAKFAST: Pet Circle's $75m raise from US VC a rare highlight for Australian startups amid a 42% fall in funding for September quarter

Cut Through Ventures' quarterly analysis shows Australian startup funding down 42% year-on-year at A$739 million over 77 deals, with Pet Circle's $75 million Series D from Prysm Capital the period's largest round.

Also SmartCompany·RenewEconomy·@AuManufacturing

Ignition Lane's Great Big Annual Wrap

Ignition Lane's year-end review of 2022 tech news: shifting VC sentiment, record Australian fund raises, grocery delivery failures and shutdowns, local M&A, crypto fallout, awards, and global stories from Twitter to ChatGPT.

Also AgFunderNews

CoinJar sheds jobs in wake of FTX collapse

Crypto exchange CoinJar, backed by Blackbird, cut roughly a fifth of its Melbourne staff after FTX's failure; the piece recalls its 2013 half-million-dollar seed round led by Blackbird.

The Ignition Lane Wrap: Sunrise. Demise. No more pies.

Ignition Lane's weekly tech roundup covering record Australian VC fund raises, several green-tech startup funding rounds, Deliveroo's administration, the FTX collapse, and takeover offers for ELMO and Nitro.

Also Techboard

Daily Crunch: Nigerian startup that stored its 'day-to-day operational budget' on FTX announces staff cuts

TechCrunch roundup: FTX fallout hits Nestcoin and SoftBank's stake, while Quix, Joepegs, Vow, Faraday Future and Butter raise, plus items on Twitter, VLC, DoorDash, Hulu, Google and Apple.

Also AgFunderNews

Telstra Ventures banks $500 million for Fund III focused on 'c'

Telstra Ventures has completed a third fund worth half a billion dollars, drawing on dozens of new and existing backers, with early cheques already written into fifteen companies including FTX and Forage.

Also Startup Daily·Techboard

Alternative Investment Platform Altive Co-leads Successful Series C Financing of US$ 120 Million for Swiss Digital Asset Bank SEBA

Swiss digital asset bank SEBA completed a CHF 110 million Series C in January 2022, co-led by Altive, Ordway Selections and Summer Capital, with DeFi Technologies, Alameda Research and existing investor Julius Baer participating.