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mx51 chief executive Victor Zheng. Source: supplied This week we saw e-commerce platform Little Birdie backed to the tune of $30 million with funding from CBA, and heard from Collabosaurus founder Jessica Ruhfus, who hasn’t raised a cent, but has bootstrapped her way to profitability. But there has also been more funding activity for Aussie startups, including in both the medtech and fintech sectors, as well as a successful equity crowdfunding campaign for a business digitising property management. Plus, we take a look at a shiny new unicorn in the US solar energy space. Here’s some of the funding news you might have missed. ....
iTWire Monday, 24 May 2021 16:56 mx51 adds $25 million to coffers with capital raise Featured Victor Zheng, CEO mx51 Payments technology company mx51 has raised $25 million in a Series A round led by Acorn Capital, Artesian, Commencer Capital and Mastercard. The funds represent mx51’s first major round of investment, secured less than 12 months after the company spun out of Assembly Payments in May 2020. The business is led and founded by former Westpac executive and former Assembly Payments co-CEO Victor Zheng. mx5 says the round will allow it to rapidly expand in Australia and build out further functionality to compete with other payment platforms. ....
Woolworths to launch online marketplace Woolworths has taken an equity stake in tech start-up Marketplacer and will launch its own online marketplace later this year. Business by ELI GREENBLAT Premium Content Subscriber only Woolworths has taken an equity stake in tech start-up Marketplacer and will launch its own online marketplace later this year. The new marketplace will initially sell general merchandise typically offered by its Big W chain, followed by a broader offer that includes food and groceries. Woolworths is the latest retailer to jump on the online marketplace bandwagon, with some of the country s biggest chains inlcuding Myer, Bunnings and surfwear brand SurfStitch diving into the retail platform to attract more shoppers to their sites. ....
Three brokers ready Carbon Revolution for $95m top-up afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.