I often hear founders say “Australian VCs are so conservative, they all want traction before they’ll invest! You have to go to the US!”. While the idea that you must go to the US for funding merits a longer write-up, let’s talk about VCs asking for traction. VCs, like most people, can be bad communicators.… Read more »
Square Peg Capital has closed its fourth generation fund, raising $600 million. Super funds HostPlus and AustralianSuper led the raise with the Commonwealth Bank also signing up alongside alternative investment management firm Roc Partners. The fresh raise takes the VC firm’s total committed capital to $1.4 billion in a year that saw Square Peg return… Read more »
A former executive from Jack Dorsey’s payments company Square is launching a new payments and financial services fintech targeting business. Melbourne-based Zeller, founded by Ben Pfisterer and Dominic Yap, has landed $6.3 million in seed funding led by Square Peg Capital, which previously invested in fintechs such as Stripe, Airwallex, Prospa and Athena, alongside Apex… Read more »
Square Peg Capital Partner Tushar Roy with Professor Michael Biercuk, founder and CEO of QCTRL. Photo: supplied Quantum computing startup Q-CTRL has raised US$15 million (AU$22m) in a Series A round led by Square Peg Capital. Silicon Valley’s Sierra Ventures also joined the raise beside existing investors, including Sequoia Capital, Main Sequence Ventures, and Horizons… Read more »
Now might be exactly the right time in Australia to start a fintech, but what exactly the best investors are looking for can be a mystery for new founders.
To be held at Fishburners on International Women’s Day will be a group session helping founders work through a problem, followed by 1:1 office hour slots.
Airwallex has secured a further US$6 million ($8.73 million) in follow-on Series A funding from local VC firm Square Peg Capital.
Australian marketing startup Rokt has announced an US$11 million extension of its Series B funding round, for which it had raised US$15 million in February.
Sydney email marketing platform Vero has raised $4 million in a Series A round from Square Peg Capital, its first funding boost since its launch in 2012.
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