Latest Private Equity & Venture Capital News
Venture-backed tech company in administration
02 Jul 2023 - Performance
A technology company that raised more than $33 million in venture capital has been placed in administration after failing to raise additional capital to continue its scale-up.
Full story
An additional $20.5 billion allocated by the federal government to green bank the Clean Energy Finance Corporation (CEFC) will go mostly to a program intended to promote rebuilding electricty transmission for renewable energy.
Full story
Super fund shifts administration to fintech
30 Jun 2023 - Investee news
A leading industry super fund is to shift its outsourced administration services from the largest provider to a fintech company.
Full story
Client relations executive swaps firms
29 Jun 2023 - People moves
A Sydney-founded global funds management firm has recruited a head of client solutions from a Melbourne-based firm.
Full story
An ASX-listed investment and funds management company has taken a stake in a Singapore-based private equity firm with a track record of food chain investment.
Full story
A Sydney private equity firm has raised more than $150 million for an environmental opportunities fund and made its first investment from the fund.
Full story
A New Zealand deep-tech venture fund is to receive government funding of up to $NZ25 million.
Full story
Venture firm invests in low emissions alternative to diesel power
27 Jun 2023 - Investment activity
Venture firm backs all-electric alternative to diesel power generation on construction sites.
Full story
A private equity former owner will receive a substantial return as a result of the acquisition of an ASX listed company.
Full story
An ASX-listed tourism company has recommended shareholders to accept a reduced private equity offer.
Full story
Under-fire big four professional services firm PwC is to divest its Australian government consulting practice to private equity as it attempts to limit reputational damage from serious breaches of confidence within the division.
Full story
An overseas strategic investor has led a $22 million funding round for a Sydney company that is commercialising improved materials and technology for the batteries used in electric vehicles.
Full story
Super fund appoints chief investment officer
23 Jun 2023 - People moves
An $89 billion industry super fund has named its new chief investment officer.
Full story
A local investment firm has contributed to a $US87 million fundraising round for a global weather forecasting company.
Full story
Cannon-Brookes reduces investment in AGL
22 Jun 2023 - Performance
Mike Cannon-Brookes has reduced his stake in power generator AGL to pursue other climate change and renewable energy investments.
Full story
An ASX-listed health insurance company plans to invest a further $24 million in an early-stage health services business as part of a wider plan to expand into health management.
Full story
A local venture firm has joined overseas investors backing a Sydney technology company that is applying artificial intelligence (AI) to interpret weather data to improve forecasting of extreme events.
Full story
New CSIRO chief executive appointed
19 Jun 2023 - People moves
Professor Doug Hilton, chief executive of the Walter and Eliza Hall Institute of Medical Research, has been appointed the new chief executive of CSIRO.
Full story
A New York-based alternative assets firm is reportedly considering making a bid for an ASX-listed shipbuilder.
Full story
A KiwiSaver (superannuation) scheme has committed $NZ20 million to a New Zealand growth capital fund.
Full story