Investor · 1 deal

G Squared

Disclosed deals

Every published round G Squared 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
Cover Genius	Series D+	May 2024	$120m	Participant	Spark Capital Dawn Capital King River Capital	SmartCompany (19 Dec 2024), SmartCompany (17 May 2024), King River Capital portfolio

Portfolio

Companies G Squared has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds	Led
Cover Genius	Embedded insurance and protection APIs for digital brands	May 2024, Series D+	1	0

Funds

Fund closes reported for G Squared, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for G Squared yet.

Portfolio companies acquired

Companies G Squared has backed that another company then bought. An exit for the holding, not a deal G Squared did.

Company	Bought by	Kind	Announced	Price
No portfolio company of G Squared is recorded as having been acquired.

Coverage

Stories naming G Squared. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

12 deals

From quantum computing to quesadillas: Top 12 biggest capital raises of 2024

Year-end roundup ranking 2024's twelve largest startup raises, headed by PsiQuantum's $940 million government-backed quantum computing round, plus Guzman y Gomez's ASX listing and Betashares' Temasek investment.

8 deals

Five Aussie startups that raised $163.6 million this week

Weekly roundup covering five Australian startups' raises: an insurtech Series E, a digital ID Series A, medtech and proptech funding, and a recycling platform's equity crowdfunding campaign.

Also SmartCompany·Startup Daily·SmartCompany

Series D+ $80m

Cover Genius raises $80 million

Cover Genius has landed a Series E round of 80 million dollars, with Spark Capital leading and prior backers Dawn, King River and G Squared joining; lifetime funding now sits near 245 million.

coverager.com 16 May 2024 Cover Genius eBay Ryanair Uber Dawn Capital G Squared King River Capital Spark Capital Angus McDonald James Kuklinski

3 deals

2E or not 2E: Airwallex is reportedly hunting for another $200 million top up for its Series E

Airwallex is reportedly seeking a second Series E extension of about US$150 million, while the article recalls its earlier Series D, E and E1 raises and flags a possible 2024 public listing.

Startup Daily 27 Apr 2022 Airwallex 1835i Atlassian DST Global Grok Ventures G Squared Salesforce Ventures Sequoia Capital China Skip Capital Tencent Lone Pine Capital

Also Startup Daily·Startup Daily

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