Ledger. Australian venture funding, tracked

Company

Lion

Coverage

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

Funding announcement

Fermentum Grows Melbourne Footprint With Two Birds Brewing Purchase

Private-equity-backed drinks group Fermentum has bought Melbourne craft brewer Two Birds for $24.7 million, its sixth brewery; the piece also reviews the site's sustainability record and earlier sector consolidations.

Also glassandnote.com

Exit / M&A

Little Creatures Brewing Pty Ltd: A Fremantle Origin Story That Reshaped Australian Craft Beer Culture

Historical profile of the Fremantle craft brewery founded in 2000, covering its rise, its 2012 acquisition by Lion and 2023 sale to Asahi, and its lasting mark on Australian beer culture.

10 deals

Seven Aussie startups that raised $155.5 million this week

Weekly roundup covering seven Australian companies' fresh capital: EV charging, satellite IoT, sovereign cloud, wearables, workplace messaging, plus two crowdfunding raises on Birchal.

Also Startup Daily·Startup Daily·@AuManufacturing·@AuManufacturing

Unnamed stage $2.2m

Manufacturing news briefs — stories you might have missed

News roundup: VicReturn names its first CEO, Carbon Revolution's SPAC merger is set for July, DXN wins a first modular data centre order, and Bluechiip completes a placement.

Unnamed stage $6m

Earlytrade attracts $6 million investment to solve late payments

Earlytrade, which speeds up invoice payments to suppliers, has landed a $6 million round, with Shearwater Growth Equity contributing $2.5 million and several business figures also taking part.

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