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iTWire - 99designs co-founder joins Glow board


99designs co-founder joins Glow board
Thursday, 22 July 2021 09:13
99designs co-founder joins Glow board
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Research technology company Glow has appointed Lachlan Donald to an advisory role on its board.
[Lachlan Donald s] expertise in structuring and scaling tech teams, and working alongside investors to drive growth in domestic and international markets, makes him the perfect addition to Glow s advisory team, said Glow CEO and founder Tim Clover.
As Glow continues its global expansion, particularly in the North American market, we are thrilled to have Lachlan join our team in a CTO advisor role. Lachlan can help us see around corners as we scale our tech and is hugely experienced in working with investment funding to support growth. We are thrilled to have him join the team as we accelerate our growth. ....

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The startup funding round: Athena, Mass Dynamics, Comestri and CircleSource raise millions


Here at
SmartCompany, we’ve spent most of this week unpacking the federal budget, so this startup funding round comes a little later than usual.
But that doesn’t mean we haven’t been keeping an eye on Aussie startup funding news. And Treasurer Josh Frydenberg wasn’t the only one throwing millions of dollars around this week.
Here are some of the stories you might have missed.
Athena
Alternative lending fintech and disruptor of traditional finance institutions Athena has raised a massive $90 million in Series D funding.
Led by SquarePeg, the raise also included contributions from a swathe of high-profile investors AirTree, Macquarie Bank, AustralianSuper, Hostplus, Sunsuper, Salesforce Ventures and Apex Capital all making repeat investments. ....

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For Zip and Afterpay, going public was about ensuring survival. What's changed?


Zip Co founder and chief Larry Diamond. Source: supplied. Photographer: Wesley Nell.
The founders of both Afterpay and Zip have suggested their respective buy-now, pay-later businesses may have listed on the ASX before they were truly ready, in order to ensure their very survival.
But in the years since, the ecosystem has evolved. There’s more VC funding around, more angel investors spreading their wings, and more successful entrepreneurs reinvesting their wealth.
So, have we moved past a time where startups feel pressure to embark on a significant liquidity event? Or, are there other options for the Anthony Eisens and Larry Diamonds of today? ....

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