Latest news with #SquarePegCapital
AU Financial Review
2 days ago
- Business
- AU Financial Review
Start-up dealmaking hits $2.9b this year, almost equal to entire 2024
The country's venture capital firms offloaded start-up stakes worth almost $3 billion in the last six months, almost as much as in all of the previous year, increasing hopes among technology investors that floats and other deal activity is finally beginning to grow. For two years, a listing on the ASX has been an unattractive option for many of the funds backing early-stage businesses. Now, they are back on the table, according to AirTree Ventures, Square Peg Capital, Reinventure and Perennial Private Investments, some of the biggest venture capital firms.
AU Financial Review
21-05-2025
- Business
- AU Financial Review
Airwallex value grows to $9.6b after new funding round
Global payments group Airwallex has become the first technology start-up since Canva to win the backing of the nation's three largest venture capital firms, securing $US300 million ($467 million) in one of the biggest capital raisings ever in Australia. Venture capital firm Square Peg Capital has been joined by Airtree Ventures, and Blackbird Ventures, in the latest capital raising round, which values Airwallex at $US6.2 billion.
