Ledger. Australian venture funding, tracked

Company

Lendlease

Healthcare infrastructure and construction company

Coverage

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

Funding announcement

Topic | Managed funds | Australian Financial Review

An AFR managed-funds topic page: a star small-caps deputy goes solo with a new Sydney firm, Gigacomm buys rival DGtek, Google plans a multibillion-dollar domestic bond, plus fund manager and market stories.

2 deals

Creditors vote to put food waste startup Goterra in liquidation

Creditors have voted to wind up Canberra insect-protein startup Goterra after sale and recapitalisation efforts failed, with administrators reporting mounting losses and recoveries likely confined to their fees.

Key hire

The march of passive investors and high price of money: Why activists are having their way

Analysis of rising shareholder activism: Lendlease's chairman departs under Tanarra pressure, activists push Karoon over dividends, Tanarra surfaces on Bapcor's register, and L1 Capital runs an activist fund.

12 deals

Seven ANZ startups that raised $27.4 million this week

Weekly roundup of seven trans-Tasman raises totalling $27.4 million, headlined by Xefco's $10.5 million round, plus Hometime board appointments and Matrak's China expansion.

Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily

8 deals

Blast OIF | 23 things from 2023

OIF Ventures' year in review: full Eftsure exit, Opportunity Fund close, Visory, DataMasque and Nullify backed, follow-ons at Inspace and Dataweavers, new team members and portfolio milestones.

Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio

Exit / M&A

Eaton Square Advises Extent Heritage On Its Sale To RSK Australia

Eaton Square says it acted for Extent Heritage, an archaeology and heritage consultancy, in the company's sale to RSK Australia, with principals Roger Collins-Woolcock and Mark Goodwin leading the mandate. No price disclosed.

2 deals

Cannon-Brookes-backed food waste recycling startup banks $10 million bridging round

Goterra, a Canberra venture that recycles food scraps with maggots into animal feed, has banked a $10 million bridge to grow its waste plants serving Woolworths, with a Series B planned this year.

Also AgFunderNews·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·AgFunderNews·AgFunderNews

2 deals

Why Facebook’s co-founder has put $6m into this Aussie start-up

OIF's blog republishes an AFR report: Inspace has banked a $6 million round backed by B Capital and OIF, plans AI features and US growth, while proptech peers :Different and Yabonza have failed.

Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany

20 deals

Christmas comes early for 14 Aussie startups that raised $260 million this week

Weekly roundup covering 14 startup raises totalling over $260 million, headlined by Synchron's $110 million round, plus Roller's shareholder liquidity payout, Partly's record New Zealand Series A, and several government grants.

Also Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup News (WA)·Startup News (WA)

Series A $10m

Proptech CIM raises $10 million Series A

Proptech CIM has raised a $10 million Series A led by Five V Capital, with Carthona Capital and property executives participating, valuing it above $100 million to fund expansion into Asia and North America.

Also SmartCompany·Startup Daily·Techboard·Techboard

Seed $4m

OIF, Leigh Jasper back virtual inspection play Inspace

Virtual inspection platform Inspace has secured A$4 million in fresh capital, with Our Innovation Fund leading the round alongside Leigh Jasper, Investible and Artesian. OIF partner Geoff Levy joins the board.

Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio

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