Latest Private Equity & Venture Capital News

A health insurance company's planned $159 million acquisition of a general practice clinics business will generate an exit for a private equity firm.

A venture capital-backed e-waste recycling company has confirmed that it plans to list on the ASX, possibly before Christmas.

A $475 million exit agreed twelve months ago has been completed after the acquirer agreed to make divestments in West Australia required by the Australian Competition and Consumer Commission.

Has Treasurer Jim Chalmers undermined established legal provisions in acquisition deals by intervening in a matter currently before the Foreign Investment Review Board?

The Future Fund's allocation to private equity was reduced during the September quarter as the sovereign wealth fund further adjusted its portfolio to deal with moves toward a "more multipolar world".

A Perth company that has developed technology to produce alternative materials to plastics has raised a $16 million Series A round led by a European investment firm.

Receivership is to be sought over assets of an individual and company alleged to have raised $131 million for private equity investment much of which appears to have been spent on gambling.

A turnaround specialist private equity firm is seeking to raise $800 million for a new fund in a challenging environment.

An undisclosed US investor has contributed to a $NZ15 million Series A capital raising round by a New Zealand cancer therapeutics company.

A New Zealand venture capital firm has closed the country's first venture capital secondary fund above target at $NZ50 million.

Early-stage venture fund manager Uniseed has recruited an innovation and commercialisaton specialist with 20 years' experience as its new chief executive.

A European private capital firm has made a $5.25 billion indicative offer for one of Australia's largest insurance broking businesses.

Federal and Queensland state government funding has been revealed as part of a previously announced $46 million fundraising for the defence-focused development of a hypersonic aircraft engine.

A Brisbane start-up that has developed a fibre-optic communications security system that could provide high security for data centres has raised seed funding of $2.4 million.

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.