strategic investment
Victorian startup Landchecker, which helps prospective buyers access detailed data around a property’s zoning and related information, has raised $1.85 million in funding, with new strategic partner RACV the largest backer in the round.
InStitchu has raised $3 million in a strategic investment from suit manufacturer Dayang Group that will see Dayang become the startup’s production partner.
As Australia gears up for the open banking regime, ANZ has become the latest bank to invest in secure data exchange startup Data Republic.
Westpac has invested $40 million into ASX-listed zipMoney through a private share placement for a 17.11 percent stake in the company, with a further $8 million to be invested subject to performance.
Melbourne online beauty retailer Adore Beauty has bought back the 25 percent stake it sold to Woolworths less than two years ago, with founder Kate Morris saying “our respective goals and priorities were no longer as aligned going forward as they were at the start”.
Brisbane solar energy startup Redback Technologies has today announced a strategic investment of $9.3 million into the company from Energy Australia.
