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.
Founder, Prtnr Ventures
| Role | Organisation | Sources |
|---|---|---|
| Chair (former) | Klean | Startup Daily |
| Founder | Prtnr Ventures | SmartCompany, Startup Daily |
| Chief Entrepreneur (former) | Queensland Government | Startup Daily |
| Chief Entrepreneur (former) | the Queensland government | SmartCompany |
Every published round Wayne Gerard 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 Wayne Gerard 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 Wayne Gerard, as distinct from the investments it has made.
Companies Wayne Gerard has backed that another company then bought. An exit for the holding, not a deal Wayne Gerard did.
Stories naming Wayne Gerard. 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.
Weekly roundup of eight Australian funding rounds, led by Samsara Eco's $100m Series A extension; Diraq, 1Breadcrumb, Aquila, NRN, Klean, Bearhug and Sindy Labs also secured capital, and Klean won a Queensland grant.
Also TechCrunch Australia·SmartCompany·@AuManufacturing·Techboard·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing
Retail ESG platform Klean raised a pre-seed round led by Wayne Gerard's new venture firm Prtnr Ventures and won a Queensland government grant; Gerard becomes chair, Christine Hayward a director.
Also SmartCompany·SmartCompany