Accounting software company Xero has acquired Canadian startup Hubdoc for an initial fee of US$60 million ($80.87 million) that consists of 35 percent cash and 65 percent in Xero stock.
One of the latest DMS platforms to launch with a particular focus on the powersports – for example motorbikes, jetskis, and bicycles – space is Blackpurl.
National Australia Bank has led a US$24 (AU$32) million Series D round for Toronto-based cloud accounting startup Wave through its VC fund, NAB Ventures.
US investment giant BlackRock makes a $1 billion battery play in Australia, acquiring Melbourne startup Akaysha Energy
Rent Rabbit is changing the Australian rental market and you can hop on board
Twiggy Forrest is backing biotech with a new $250 million VC fund
Melbourne meal startup South Yarra Deli goes national
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