Company

Limitless Technology

Kuala Lumpur, OS

Disclosed deals

Every published round Limitless Technology 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
No published deals recorded yet.

Portfolio

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

Company	What it does	First invested	Rounds	Led
No portfolio companies recorded yet.

Funds

Fund closes reported for Limitless Technology, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for Limitless Technology yet.

Portfolio companies acquired

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

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

What Limitless Technology bought

Companies Limitless Technology acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.

Company	Kind	Announced	Price	Sources
LVLY	Acquisition	23 May 2022	$35m	Techboard, Startup Daily (23 May 2022), SmartCompany, Startup Daily (26 Apr 2022)

People

Name	Role	Sources
Hannah Spilva		SmartCompany, Startup Daily
Kai Kux	CFO	Startup Daily
Maximilian Lotz	CEO · Founder	SmartCompany, Startup Daily

Coverage

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

28 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.

Techboard 23 Jun 2022 Alyte Archa AuditCover BioCina Birchal Canopus Networks Canopy Study Capsifi ChefPrep Consultmed Directo EQL Genex Power Hero Packaging Lygon Rampersand Reach Alternative Investments Reputation DAO Skedulo Splend Stake VentureCrowd ActivePipe Aura FAT Projects Acquisition Corp Banxa Blackbird Ventures Cannaponics CarExpert Domain Equitise Fleetsu Halo Technologies Holdings IFM Investor Instaclustr Janus Electric KPMG LaunchVic Limitless Technology LuminaX LVLY Mercury Capital Microba Life Sciences MoxiWorks NetApp OneVentures Our Innovation Fund Perth Angels Rand McNally Realbase Render Networks RLF AgTech SafetyCulture Shebah SHEQSY Side Stage Ventures T-shirt Ventures VicHealth Western Australian government Animoca Brands Antler Australia Artesian Ventures Australian Business Growth Fund Australian Government Carthona Capital DST Global Partners Folklore Ventures Global Founders Capital QIC Ventures Smorgon Family Tiger Global Mark Carnegie

5 deals

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

Venture debt

Australian flower delivery startup LVLY acquired for $35 million by south-east Asian e-commerce firm

Melbourne flower and gift delivery business LVLY bought by Asian e-commerce group for $35 million, founders reportedly pocketing $20 million; one co-founder joins the buyer's board, the other departs.

SmartCompany 26 Apr 2022 LVLY Baker McKenzie Bell Potter Limitless Technology SmartCompany Partners for Growth Hannah Spilva Maximilian Lotz Verity Tuck

Funding announcement

BLOOMING MARVELLOUS: Gifting startup LVLY sells for $35 million with global plans

Melbourne gifting startup LVLY has been bought by Malaysia's Limitless Technology for about $35 million, with co-founders receiving around $20 million; the deal is financed via a convertible and venture debt raise.

Startup Daily 26 Apr 2022 Deloitte Inside Retail Limitless Technology LVLY Hannah Spilva Kai Kux Maximilian Lotz Verity Tuck

Also SmartCompany·Startup Daily·Techboard

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