The bitter legal battle by HR platform Employment Hero against investor Seek has ended with the combatants releasing a terse mutual announcement today to kiss and make up and discontiue proceedings. The stoush began last July after Seek announced it would terminate aceess to its API (application program interface) to post jobs on the Employment… Read more »
ASX-listed venture fund Bailador Technology Investments has increased the valuations on stakes in two key portfolio companies, Updoc and PropHero, with the latter rising 45.6% in just 10 months. Bailador (ASX:BTI) tipped $12.5 million into real estate investment proptech PropHero in February as part of a $25 million Series A. The investor told the market… Read more »
ASX-listed Tyro Payments (ASX: TYR) is acquiring small business “CFO in your pocket” startup Thriday. The terms of the deal were not disclosed, with the acquisition expected to complete in January 2026. Thriday is an AI-powered financial management platform for SMEs that automates invoicing, expense management, accounting and banking workflows. CEO Michael Nuciforo, a former… Read more »
As omens go, epilepsy medtech Epiminder’s ASX debut on Monday, perhaps the stock exchange’s outage to start December wasn’t the best of signs. A technical glitch meant price-sensitive announcements couldn’t be published for several hours and 50 ASX-listed companies were forced into trading halts. Epiminder’s (ASX: EPI) initial public offering (IPO) at $1.50 per share… Read more »
Neighbourlytics, which unpacks behavioural insights on how people use their ‘hood, has been acquired by ASX-listed REA Group. The Melbourne analytics platform, founded in 2017 by Jessica Christiansen-Franks and Lucinda Hartley, it offers real-time lifestyle and mobility data, including foot traffic, visitor trends, lifestyle personas, top destinations and accessibility to paint an informed picture of… Read more »
Tasmanian climate tech startup Sea Forest was embraced by investors, with its shares closing up 12.5% on debut after listing on the ASX. The seven-year-old scaleup raised $20.5 million at $2 per share for a market capitalisation of $112.1 million, and rose as high as $2.42 before closing at $2.25. Sea Forest (ASX:SEA) was founded… Read more »
Failed logistics startup GetSwift’s cofounders, Bane Hunter and Joel Macdonald, have been banned from being company directors in Canada for life. The bans come four years after the pair moved to North America as their ASX-listed business disintegrated amid legal action and relisted in British Columbia. The BC Securities Commission (BCSC) last month placed permanent… Read more »
Freelancer marketplace Airtasker has completed a $10 million equity capital placement led by US radio and podcast giant iHeartMedia, powering the Australian company’s overseas marketing effort. The deal will help Airtasker — the Sydney-based platform connecting customers to freelance gardeners, bartenders, accountants, and beyond — compete for publicity against global rivals like Upwork and Fiverr. The… Read more »
Institutional investors may have been keen for a slice of Carma’s IPO, which raised $70 million at $2.70 a share, but retail investors weren’t as keen to get behind the wheel when the four-year-old digital car retailer made its ASX debut on Wednesday, with falling up to 10% on their opening day of trade, and… Read more »
ASX-listed tech investment & advisory firm Scalare Partners has launched an AI-powered startup services platform, called The Founders Union. The AI-enabled matching engine offers founders with curated access to organisations providing education, community, services, perks, and investment options, based on a startup’s growth stage and needs, taking into account issues such as budget and availability,… Read more »
Officials from corporate regulator the Australian Securities and Investments Commission (ASIC) and Australian Federal Police officers raided the headquarters of ASX-listed WiseTech Global on Monday over concerns about share sales by founder Richard White and three others. WiseTech (ASX: WTC) shares fell more than 16% to around $71 in opening trade on Tuesday morning after… Read more »
Carma’s investment banker founders are hoping that investors are hungry to see four-year-old online used car dealership go public with a bookbuild underway today to raise $100 million for a public listing on the ASX next month. The Sydney startup, which already has more than $100 million in venture backing under its belt, is reportedly… Read more »
Blackpearl has brought Wilson Asset Management and other Australian funds onto its register via an oversubscribed placement, using proceeds to settle the B2B Rocket deal and ready the company for a late-November ASX debut.
ASX-listed jobs platform Airtasker (ASX:ART) has cut a new media-for-equity deal with 4 Ventures, the VC arm of Channel Four Television, worth £2.5 million (A$5.1m). The media inventory deal for its British subsidiary, Airtasker UK, is the third as the business hit a gross marketplace volume annualised run rate (ARR) of more than $21 million… Read more »
Financial crime prevention small cap Identitii (ASX:ID8) has sold its remaining stake in joint-venture fintech Payble to existing investor OIF Ventures for $1.6 million. Payble, founded in 2020 by CEO Elliott Donazzan, is a payments platform for local government payments using QR codes and now has 50 customers, including four New Zealand councils after launching… Read more »
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