Latest Private Equity & Venture Capital News

The Gates Foundation and international research funding organisation Flu Lab have led a $34 million funding round which will support a clincal trial in the US for an Australian-developed drug.

Sydney deep-tech incubator Cicada Innovation has recruited a NSW state government innovation executive as its new chief executive.

A new early-stage venture capital firm has made its first investment, in a start-up which has developed an artificial intelligence-driven platform to cut wasted expenditure on cloud services.

A local venture firm has joined US venture firms and prominent individual investors in providing $US30 million for a San Francisco-based data collection start-up.

Australian angel investors and a US venture firm have invested in a oversubscribed Series A round for a company that has developed a software platform for managing investment funds.

A New Zealand private equity firm has invested in an expanding Māori-focused healthcare services network.

A growth capital investment firm has led a $7.5 million capital raising for a workforce management software company.

A climate tech investment firm has provided seed funding of $3 million to a Melbourne company which is developing air conditioning technology that it claims will be the most energy efficient on the market.

A climate technology investment firm and a UK energy utility have jointly invested $10 million in an Australian home battery technology company to to boost its international expansion, especially in the UK.

A private equity firm appears to have achieved an excellent return exiting a roll-up strategy it backed less than four years ago at around double the valuation at which it bought in. But the new private capital backer has a stong record in roll-ups and clearly sees this one as having a long way to roll.

Two local investment firms are to receive strong returns from the sale of a Sydney-based software company to a global growth investor in a deal which is believed to value the business at more than $500 million.

A deal-by-deal growth capital firm has started fundraising for its first multi-investment fund.

Treasurer Jim Chalmers' backdown on a proposal to tax unrealised gains on investments is simply a final recognition of common sense.

An ASX-listed small cap investment firm has led a $6 million investment round in a privately owned insurance technology company.

A Silicon Valley-based growth capital firm has invested $35 million in a company that provides software to support front office functions for law firms.