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99designs co-founder joins Glow board Thursday, 22 July 2021 09:13 99designs co-founder joins Glow board Shares 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 ...

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 sw...

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 optio...

A flood of companies listing in other jurisdictions through special purpose acquisition companies has made the  Australian Securities Exchange sit up and take notice.

February 15, 2021 Serial tech entrepreneur Patrick Grove is on the hunt for an Aussie or Asian scale-up to take public in the US, through a newly listed special purpose acquisition company (SPAC) that’s reportedly raised US$300 million ($390 million) in its IPO. Catcha Investments Corp has listed on the New York Stock Exchange, with a mandate to acquire a promising tech company and offer it a path to public trading. Investors were reportedly intrigued by the vehicle’s specific mention of Australia as a target market. While SPAC’s have been trending up in popularity in the US over the p...