Ledger. Australian venture funding, tracked

Investor

RealWise Holdings

Richard White's investment fund

Coverage

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

4 deals

Nine walks away from its $49 million digital media investment, Pedestrian, handing it to Richard White’s Vinyl

Vinyl Group is buying Nine's youth publisher Pedestrian Group for nominal consideration, ending Nine's costly ownership. The piece also recalls Nine's stake purchases, Linkby's Series B, and Vinyl's acquisitions and shutdowns.

Also Startup Daily·This Week in Australian Startups·Capital Brief

Venture debt ≤$10m

Richard White-backed Vinyl buys rival BuzzFeed and PopSugar publisher Val Morgan Digital from Hoyts

Vinyl Group is buying Val Morgan Digital, publisher of BuzzFeed and PopSugar, from Hoyts for $10.5 million, with funding via a shareholder facility and Hoyts CEO Damian Keogh joining the Vinyl board.

Also Startup Daily·Startup Daily·Mumbrella

Unnamed stage $11m

Brag Media cofounder sues Richard White-backed Vinyl for $2 million over acquisition deal

Brag Media cofounder Luke Girgis is suing Vinyl Group for performance payments from their 2023 sale; the piece also recalls Vinyl's other acquisitions and Richard White's $11 million investment.

Exit / M&A

Richard White-backed Vinyl Group's latest media play is acquiring Concrete Playground for $5 million

Music and media company Vinyl Group has agreed to buy the city guides brand Concrete Playground for $5 million in cash and shares, with completion expected by late February 2025.

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

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