Funding announcement
Seven ANZ startups that raised $111.5 million this week
Roundup of seven raises across the Tasman spanning fintech, marine tech, agtech, defence and AI, plus a first close for an ACT venture fund.
Venture capital fund · 1 deal
Shasta Ventures
Disclosed deals
Every published round Shasta Ventures 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 |
|---|---|---|---|---|---|---|
| Auror | Unnamed stage | 9 Dec 2021 | $28.5m | Participant | Startup Daily (13 Dec 2021), Startup Daily (9 Dec 2021) |
Portfolio
Companies Shasta Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Auror | Retail crime intelligence and loss prevention software | 9 Dec 2021 | 1 | 0 |
Funds
Fund closes reported for Shasta Ventures, as distinct from the investments it has made.
Portfolio companies acquired
Companies Shasta Ventures has backed that another company then bought. An exit for the holding, not a deal Shasta Ventures did.
People
Coverage
Stories naming Shasta Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
2 deals
Queensland quiet software giant Octopus Deploy snaps up US rival for $43 million
Brisbane DevOps software firm Octopus Deploy has bought San Francisco competitor Codefresh, reportedly paying US$28 million; the deal adds revenue and Kubernetes capability while Codefresh's venture backers face a loss.
6 deals
Kiwi legal tech LawVu tops up its Series A with an extra NZ$20 million
Insight Partners and AirTree have added NZ$20 million to LawVu's Series A, lifting the New Zealand legal software firm's total funding, with Insight's large recent cheques into SafetyCulture and Octopus Deploy also noted.
Unnamed stage
$28.5m
Kiwi retailing crime intelligence startup Auror raises NZ$30 million
New Zealand crime-intelligence software company Auror has raised NZ$30 million in a round led by Movac, with GD1, Shasta Ventures and Folklore Ventures taking part, to grow its Australian team, technology and retail support.
Also Startup Daily