Elliott de Selding
In latest real estate sector developments from Singapore-based players, Frasers Logistics & Industrial Trust is acquiring two call option properties while Roxy Pacific announced that it was buying Harbour View Gardens asset for $25 million. Also, Mapletree Logistics Trust said it was acquiring four Australian properties.
Latest in the Australian startup scene saw Menulog co-founder launch FoodByUs with AU$2 million (US$1.51m) funding, while one of the world’s most prominent startup accelerator Startupbootcamp has announced entering the Australian market next year.
The Singapore Venture Capital & Private Equity Association (SVCA) and the Indonesia Venture Capital & Startup Association (AMVESINDO) jointly announced the creation of the ASEAN Venture Council (AVC).
Latest in Australia saw Brisbane-based healthcare technology startup DoseMe close a AU$2.6 million (US$1.96) Series A and One10 launch two new social enterprise accelerator programs while Britain’s Mimecast set its Asia Pacific headquarters in Melbourne.
Sydney-based renewable energy startup Evergen has raised A$3.7 million ($2.82 million) as it aims to take “Australia’s first intelligent home energy system” to the market. It closed A$2.9 million ($2.21 million) in investment from AMP Capital and former chief executive of AMP, Stephen Dunne, who serves as chairman of Evergen’s board. The round… Read more »
The Terratech group is planning to issue 74 million new shares, while The Marketing Group Plc, which is listed on the NASDAQ Firth North, has acquired Vodrum and its subsidiaries to grow its marketing footprint globally.
Latest in Australia saw Glencore sell future output from a copper and gold mine to Australia’s Evolution Mining while startup Ignition Wealth secured $750k.
Australia’s startup ecosystem saw pre-launch iRecruit secure a AU$550k (US$417k) funding while Sydney startup The Beanstalk Factory has built a web of several partnerships.
Canberra is shifting its focus from startups to allocate more funding for mid-market companies, while Macquarie Park is being developed into an innovation district to attract and host startup ventures.
Australia Dealbook: 1st Available buys OzDocsOnline; Aurora Labs listing