That’s Carma: used car startup’s shares stall, falling 7.4% on ASX debut
Online used-car platform Carma slid on its ASX debut after a $70 million IPO; the piece recalls its earlier seed, Series A and convertible note raises and names its backers.
Chief Commercial Officer · Founder, Carma
| Role | Organisation | Sources |
|---|---|---|
| Chief Commercial Officer · Founder | Carma | Startup Daily, SmartCompany |
| Investment Banker (former) | Goldman Sachs | Startup Daily (5 Nov 2025), Startup Daily (15 Oct 2025) |
Stories naming Yosuke Hall. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Online used-car platform Carma slid on its ASX debut after a $70 million IPO; the piece recalls its earlier seed, Series A and convertible note raises and names its backers.
Carma raised a Series A backed by General Catalyst, Tiger Global and others, following its 2021 seed round, to fund expansion, inventory growth and new reconditioning facilities.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily
A weekly roundup reporting ten Australian startups that together raised about $372 million, spanning pet e-commerce, marketplace software, fintech, used cars, cybersecurity, freight, data tools, genetic testing and payments anti-fraud.
Also SmartCompany·Startup Daily·Techboard·Startup Daily·SmartCompany·Startup Daily