Vodafone

Superloop knocks back Aussie Broadband’s $466 million takeover bid as ‘opportunistic’

Superloop's board has rejected Aussie Broadband's merger proposal as too low, with Aussie already holding a 19.9% stake; the piece also recalls Superloop's VostroNet purchase and Aussie's Symbio buyout.

Eight Aussie startups that raised $81.5 million this week

Roundup of eight local raises totalling roughly $81.5 million: generative AI, sustainable packaging, VR medical training, optical radar, drinks, preventive health and wholesale retail software.

Also Ten13·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Forbes Australia

Eight Aussie startups that raised $433 million this week

Roundup of eight Australian startup raises totalling $433m, topped by Employment Hero's $263m Series F and Skykraft's $120m round; Darwinium, Konvoy Kegs, The Martec and three Birchal crowdfunds complete the week.

Also AgFunderNews

Recruitment marketing startup The Martec bags $8 million

The Martec, a Sydney talent-marketing platform, has secured an $8 million round led by family office AS1 with Airtree backing, to grow its offshore presence; its customers include Telstra, Coles and Adobe.

Also SmartCompany

Loopit appoints Nima Idel as Head of Product Growth to support business expansion

Car subscription software firm Loopit hires Nima Idel to lead product growth, shortly after completing its first external capital raise of $3.6 million as it plans further expansion.

CI&T acquires AWS partner Transpire for $23.4M

Brazilian digital firm CI&T is buying Melbourne consultancy Transpire for $23.4 million, adding about 100 specialists, with completion expected in the third quarter of 2022 subject to closing conditions.

Also SmartCompany

Ignition Lane's Weekly Wrap: The Great Reengagement, backing Web3, riding the markets & the big local raises

Ignition Lane's weekly tech roundup: AirTree raises $700m across three new funds, dozens of Australian startups announce rounds, a wave of acquisitions including Block completing its Afterpay buy, plus Web3 commentary and US market moves.

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Customer experience platform Cyara sets Australian VC record with $495 million raise

CX assurance software firm Cyara, co-founded in Melbourne, has shelved ASX listing plans and instead raised US$350 million from K1 Investment Management, with existing backers PeakSpan and Greenspring selling down stakes.