The merger Mr Yum and me&u is the highest profile example so far of a growing wave of consolidation across the start-up sector, industry insiders and investors say.
Robo-adviser Stockspot received a $28 million funding boost from a global fund manager that will see it expand its capabilities in the precarious digital advice landscape.
The Sydney investor has put the two businesses together to form York Street Brands, throwing more firepower behind it as the business chases global markets.
Last mile delivery business Drive Yello and café ordering app Hey You have merged in a bid for a bigger slice of the market and will look to raise $15 million for the combined business early next year.