Queensland R&D finance fintech raises $2.3 million
Equity raise of $2.3m by Advanced, a Sunshine Coast R&D finance startup building a $25m lending fund; backers include Wayne Gerard and Phil Cummins, who joins the board.
Investor
Every published round Paddington Street Finance 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.
Companies Paddington Street Finance 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. | ||||
Fund closes reported for Paddington Street Finance, as distinct from the investments it has made.
Companies Paddington Street Finance has backed that another company then bought. An exit for the holding, not a deal Paddington Street Finance did.
Stories naming Paddington Street Finance. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Equity raise of $2.3m by Advanced, a Sunshine Coast R&D finance startup building a $25m lending fund; backers include Wayne Gerard and Phil Cummins, who joins the board.
StrongRoomAI chief Max Mito denies EVP's fraud allegations in Federal Court; the startup is in administration ahead of a sale after the Sydney VC's $17m backing unravelled into litigation.
Strong Room AI, a Melbourne medicines-management startup, is in voluntary administration weeks after a February raise; investor EVP's court action froze assets while administrators seek a buyer and creditors meet on April 8.
Tyson & Blake, which seeded StrongRoom AI, threatens legal action against EVP, which is suing to recover its $10.4 million after the Melbourne medtech entered administration.