Sydney
Funding

Digital twins startup Willow builds $58 million pre-series B backed by former Macquarie boss Nicholas Moore 

- September 10, 2021 2 MIN READ

Sydney-based digital twin tech startup Willow has raised US$43 million (A$58 million) in a pre-Series B. Existing shareholders, including Willow Chairman Nicholas Moore, the former Macquarie Group CEO, and Willow director Jim Cooney, doubled down on their investment along with institutional investor Perennial Value Management. The four-year-old software venture also took on WatermanCLARK co-founder Ric Clark, the former… Read more »

Brighte
Funding

Grok Ventures backs Brighte in $100 million raise

- January 4, 2021 < 1 MIN READ

Green energy finance provider Brighte has raised $100 million to move into energy retailing. The $100 million round was led by Grok Ventures, the family investment company run by billionaire Annie Cannon-Brookes and her husband Mike. Founder & CEO Katherine McConnell said the fund will be used in three key areas: acquiring more solar households,… Read more »

News & Analysis

A Melbourne cloud computing startup just landed one of 2019’s biggest raises to go global

- April 30, 2019 2 MIN READ

Melbourne educational training startup A Cloud Guru (ACG) has raised US$33 million (A$47m) from US and local investors, including Summit Partners and Airtree Ventures, just four years after brothers Sam and Ryan Kroonenburg launched the platform. As technological disruption cuts its way through a swathe of industry sectors, the Kroonenburgs has been working with a… Read more »