Australia

American LEGO rental startup Pley closes $6.75M in Series A round

San Jose, California-based LEGO rental startup Pley closed $6.75 million in its Series A funding round led by Allegro Venture Partners to fuel its product, workforce, and international expansion efforts.

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Blue Sky to purchase Australian hedge fund Investment Science

Brisbane, Australia-based diversified alternative asset manager Blue Sky Alternative Investments entered a deal to purchase Adelaide-based hedge fund Investment Science Asset Management for an undisclosed amount.

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Australian e-commerce startup Bigcommerce to expand to San Francisco

Sydney, Australia-based e-commerce startup Bigcommerce is expanding to the US with a new office in San Francisco and will go on a two-month hiring spree in search of 40 new engineers.

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Rox lands $3.3M in share placement to fund nickel project in Australia

West Perth, Australia-based mineral exploration firm Rox Resources landed $3.3 million from the placement of 73.3 million shares to fund its nickel project in the Goldfields.

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Australian coal miner Waterberg raises A$2.4M from equity issue to Investec

Perth, Australia-based coal miner The Waterberg Coal Company Ltd raised A$2.4 million from an equity issue to London, UK-based investment firm Investec Asset Management to gain additional working capital for its current project.

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Sime Darby picks up 70pct stake in Australian firm TFP Engineering in A$3.2M cash deal

Kuala Lumpur, Malaysia-based conglomerate Sime Darby Bhd, through its subsidiary Haynes Mechanical, picked up a 70% stake in Singleton, Australia-based mining machinery provider TFP Engineering for A$3.2 million (MYR9.5 million).

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Nedbank Capital seeks new mining investment destinations in Africa

Johannesburg, South Africa-based banking network Nedbank Capital is looking for new mining investment destinations in Africa, aside from gold explorations in Tanzania, Ghana, and Burkina Faso.

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US-based solar microinverter provider SolarBridge closes $42M in funding

Austin, Texas-based solar microinverter provider SolarBridge Technologies closed $42 million in a funding round led by Constellation Technology Ventures to drive its expansion efforts across North America and Australia.

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Spotify snaps up American music discovery engine Echo Nest

Sydney, Australia-based music streaming firm Spotify snapped up Somerville, US-based music discovery engine The Echo Nest for an undisclosed amount to create an improved music discovery service for its clients.

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Australian startup Friends for Hire lets lonely people hire others to be their friend

Townsville, Australia-based startup Friends For Hire is launching on March 22 to allow lonely people to hire other people to be their platonic friend for an hourly fee of $60.

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Australian startup Influx.com pockets $250K in seed funding to provide CRM solutions for online businesses

Melbourne, Australia-based startup Influx.com pocketed $250,000 in seed funding from Mark Harbottle and Leni Mayo to provide CRM (customer relationship management) solutions for online and tech startups.

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Irish drug firm Perrigo picks up Aspen Global products in $51M cash deal

Dublin, Ireland-based over-the-counter (OTC) drug manufacturer Perrigo Company PLC picked up a set of products being marketed in Australia and New Zealand from South African firm Aspen Global Inc in a $51-million cash deal.

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Melbourne IT adds web hosting firm NetRegistry in $50M deal

Melbourne, Australia-based web hosting provider Melbourne IT added Sydney-based web domain registry and web hosting firm NetRegistry in a deal valued at $50.4 million to combine two of the biggest web service businesses in the country.

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OpenText shells out $1M to open data center in Australia

Waterloo, Canada-based software giant OpenText invested $1 million to open a data center in Sydney, Australia, to help companies deal with problems centered on enterprise data.

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Beat the Q bags $1M in funding to partially fund acquisition of Australian app eCoffeeCard

Waterloo, Australia-based mobile payment startup Beat the Q bagged $1 million in funding from high-net worth individuals to partially fund its planned acquisition of Sydney-based loyalty app eCoffeeCard.

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