Western Australian billionaire and environmental campaigner Andrew Forrest has backed Sydney plant-based proteins company ProForm Foods as it looks to to target international markets. The strategic minority stake – its value was not disclosed but it’s believed to be around $5 million – came through Forrest’s family company Tattarang’s agri-food venture Harvest Road. ProForm Foods is… Read more »
InStitchu has raised $3 million in a strategic investment from suit manufacturer Dayang Group that will see Dayang become the startup’s production partner.
As Australia gears up for the open banking regime, ANZ has become the latest bank to invest in secure data exchange startup Data Republic.
Westpac has invested $40 million into ASX-listed zipMoney through a private share placement for a 17.11 percent stake in the company, with a further $8 million to be invested subject to performance.
Melbourne online beauty retailer Adore Beauty has bought back the 25 percent stake it sold to Woolworths less than two years ago, with founder Kate Morris saying “our respective goals and priorities were no longer as aligned going forward as they were at the start”.
Brisbane solar energy startup Redback Technologies has today announced a strategic investment of $9.3 million into the company from Energy Australia.
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