Funding/Investments

Facebook announced today the launch of a AU$15 million news fund split in half across two entities, the Newsroom Sustainability Fund and the Public Interest Journalism Fund. Each fund will be responsible for AU$2.5 million a year over three years, with the Newsroom Sustainability Fund allocating grants of up to

Thinking green energy? You might want to take a closer look at the sub-continent. As we pass the halfway mark for the year, India has been identified as the most active market in the world for renewables asset M&A activity in 2021 according to Gaurav Singhal, who has lead the

China has gone into damage control mode. Reports are circulating that Beijing officials have been calling the big Wall Street banks and indexation giants. The Financial Times says sources have identified a dozen participants in the calls, including BlackRock, Fidelity, Goldman Sachs, and JP Morgan.  The public relations offensive follows a series

King River Capital (King River) announced the successful first close of its second fund (KRC Fund 2), securing commitments of US$95million. The firm, founded by industry veterans Chris Barter, Megan Guy, and Zebediah Rice, set up in Australia in 2019. When they started in Australia, the firm had a strategy

Bitcoin surged more than 11% from Friday’s Asian close on the back of a bullish news cycle that culminated in rumours that Amazon would start taking the cryptocurrency.   London’s City AM got things rolling on Friday when it reported that sources close to Amazon were considering adopting Bitcoin for payments on

Over the weekend, China’s market regulator said it would prevent multinational technology conglomerate Tencent from exclusive music copyright agreements after its acquisition of China Music Corporation and fined the company for unfair market practices in the online music market. The move signals the latest flex by an increasingly punitive Chinese

Sydney company Baraja has fulfilled its founders’ dreams by inking a deal to industrialise an idea first developed over a quiet beer in 2015.  Baraja will team with Swedish automotive technology specialist Veoneer to bring their breakthrough Spectrum-Scan™ LiDAR technology to autonomous vehicles.  LiDAR is short for Light Detection and Ranging. The

Ransomware attacks are more common than ever and cyber security is becoming a key focus for many firms across APAC. As the Head of Security, APJ Commercial at Amazon Web Services, Phil Rodrigues knows full well both the importance of good cyber security and the challenges local firms face. That’s

Earlier this week, New Zealand media start up Spalk announced it had raised US$3m of capital in a round led by prominent sporting identities such as the Greg Norman Company, New Zealand born NBA star Steven Adams and Formula E driver Mitch Evans. The round also included traditional investment houses

Taking a company public is not cheap. Sources we asked said that in Australia, an IPO can cost between $700 thousand and $1.2 million. And that’s before you start to add up management time. If cost is the first thing respondents mentioned to Which-50.com, the second was that management has