Ledger. Australian venture funding, tracked

Investor · 1 deal

Seven West Media

Coverage

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

Exit / M&A

Kerry Stokes’ old board back in control of Seven owner as chair steps down

Shareholder Sandon Capital's board spill succeeds: Southern Cross Austereo's chair resigns and Teresa Dyson takes over, restoring Kerry Stokes' former Seven West Media allies months after the two companies merged.

Exit / M&A

Major Southern Cross Media investor pushes for chairman to be dumped

Sandon Capital seeks a vote to oust Southern Cross Media's chairman and two directors after opposing its Seven West merger; the piece also recalls that merger, a stake sale and a CEO change.

Also Sandon Capital

News

Southern Cross chair says ‘strong support’ for Seven deal amid fallout

Southern Cross Media's chairman defends its proposed all-scrip merger with Seven West Media, saying major shareholders back it, while Sandon Capital's Radzyminski moves to block the share issue and rivals circle.

6 deals

Four Aussie startups that raised $28 million this week

Weekly roundup of four Australian startup raises: Kismet's $20m seed extension, Primary's $3.5m seed round, Willed's $3m from Seven West Media, and East Forged's $1.5m from a Vietnamese agribusiness's venture arm.

14 deals

Ten Aussie startups that raised $39 million this week

Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.

Also SmartCompany·Startup Daily

Exit / M&A

TEG, the entertainment giant behind Ticketek, takes a majority stake in sports star marketplace FAN+

Ticketing and live entertainment company TEG has bought a majority stake in FAN+, a Sydney marketplace for athlete and club experiences, which will integrate with Ticketek. The startup earlier passed through two accelerators and counts Artesian among its backers.

2 deals

Seven backs real estate media baron Antony Catalano in $100 million proptech play

Seven West Media's venture arm joins Antony Catalano and Alex Waislitz in backing their proptech consortium View Media Group, with cash, capital and media services pushing the package past $100 million; the piece also recalls earlier property media deals.

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