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Showing 71 - 80 of 398 results for "Ventures"

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... growth investments. "These prevailing market conditions have ultimately forced the fintech sector to consolidate, with ventures having to re-evaluate their risk profile and appetite for growth over profitability," KPMG Australia partner of mergers and ...

Future Super acquires GuildSuper

JAMIE WILLIAMSON  |  WEDNESDAY, 1 NOV 2023
... a capital raise by Future Group which secured $15 million in funding from the likes of Ellerston Capital, Understorey Ventures, and Dominic Pym. It also comes as Future Super transitions to a new custodian and administrator, effective this month.

PGIM Real Estate launches research lab

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
... with venture capital firms to invest in and deliver modern technologies for the industry. It will partner with Taronga Ventures to enable third-party capital to invest in early and later-stage technology companies. "The profound impact that the fast-moving ...

Spaceship launches US investing service

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2023
... launch of the new service follows Spaceship getting a capital injection from Mike Cannon-Brookes' family office Grok Ventures and Horizon Ventures, the private investment arm of Li-Ka Shing. The additional $6 million was extended via an existing convertible ...

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... that took Canva's valuation to new heights of US$40 billion. Aware Super is currently invested in Canva via Blackbird Ventures. APRA did not mention which super funds are invested in Canva but said that it observed "better practices" by trustees and ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... clients. The latest funding follows a $3 million cash injection from a group of investors that included Alium Capital and H2 Ventures and led by ETF Securities founder Graham Tuckwell in May. The consortium invested an initial $2.2 million in 2017. Stockspot ...

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... time did Hopkins or his company hold an AFSL that allowed such activity. Hopkins promoted at least 25 development joint ventures, raising more than $32 million from clients. ASIC has previously said that he told investors they could expect guaranteed ...

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2023
... million in funding. The extra cash comes from its two major shareholders, Mike Cannon-Brookes' family office Grok Ventures and Horizons Ventures, the private investment arm of Li-Ka Shing, through an extension to an existing convertible note facility. ...

Commonwealth Bank backs Wollemi Capital

CHLOE WALKER  |  MONDAY, 10 JUL 2023
... (Wollemi) was created in 2021 by former Macquarie Capital global head Tim Bishop and Boston Consulting Group Digital Ventures head of Asia Pacific and Australia Paul Hunyor. Wollemi invests in climate solutions businesses in the food and agriculture ...

CEFC backs agriculture investment platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023
... conduct further research. The CEFC investment is managed by specialist climate-tech venture capital manager Virescent Ventures.