Ledger. Australian venture funding, tracked

Company

Kogan.com

Coverage

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

Unnamed stage $30m

The one that got away: After paying $230 million for Catch, Wesfarmers is shutting it down

Wesfarmers is closing Catch, the online retailer it bought for $230 million in 2019, citing local ecommerce competition; the story also recalls Catch's venture backers and Little Birdie's $30m stake, pause and rescue.

Also Startup Daily

3 deals

Indifferent: AirTree & CBA-backed proptech handed to administrators after raise attempts fail

Property management startup Different has gone into administration with KPMG after failing to raise new capital, despite backing from AirTree and CBA's venture arm; the piece also recalls the failures of Milkrun and Brosa.

Exit / M&A

Veteran tech director Cass O’Connor to chair Airtasker as investor James Spenceley steps down to focus on humanitarian work

Airtasker names Cass O’Connor as its next chair while James Spenceley departs the board after eight years to devote himself to Ukrainian relief efforts.

Also Startup Daily·Startup Daily·Startup Daily

19 deals

2021 wrapped: a record-breaking year for fundraising and growth

Square Peg Capital's year-in-review recaps its 2021 portfolio: raises it led or joined, SPAC listing decisions, Vend's acquisition, new investment-team hires, and its newsletter and podcast output.

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