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ASX

Seek offloads a $95 million slice of its Employment Hero investment to US private equity firm KKR

Simon Thomsen - February 18, 2025 2 MIN READ

ASX-listed Seek’s venture fund is selling a $95 million portion of its holding in unicorn HR startup Employment Hero to US investment firm KKR. The deal was announced as part of Seek’s (ASX: SEK) half-yearly results today, which saw ANZ revenue declined by 4% to A$416m, reflecting a 14% drop in job ad volumes. Total… Read more »

Funding

KKR backs Sydney AI scaleup Advanced Navigation in $108 million Series B

Simon Thomsen - November 21, 2022 2 MIN READ

Sydney robotics and navigation tech scale-up Advanced Navigation has raised US$68 million (A$108m) in a Series B. The round was led by US private equity firm KKR, supported by deep learning venture firm AI Capital as well as existing backers Main Sequence,  Malcolm Turnbull , In-Q-Tel, and OIF. The 10-year-old tech business has now raised… Read more »

Availer
Topic

Adelaide agtech Availer appoints former KKR managing director Tony Schultz as chairman

Gina Baldassarre - January 24, 2019 2 MIN READ

Schultz will work with cofounders Andrew Grant and Remo Carbone to develop and commercialise technology for the food, wine, and agriculture industries.

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