Image via discovered:fintechfutures.com
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Forage: Capital Raising
Forage raised $40M to expand merchant infrastructure for EBT/SNAP acceptance and launched a consumer app for financial health management
Source: discovered:fintechfutures.com
The leadership read
Fresh capital usually broadens the sector leadership bench strength — scale, go-to-market and operational depth — rather than any single appointment.
Market context: Backdrop: a 112.8 (Hot) Talent Market Index (up 11.4 on the month) with Oceania activity easing (-2.5pts).
Forage: 1 signal in the last 90 days; 0.1% of MitchelLake's Oceania signal flow.
MitchelLake in this thematic
More signals across Oceania
Capital Raising · Oceania
Airwallex →Airwallex raised $320M Series H at $11B valuation (up from $8B six months prior), with $1.3B annualised revenue (74% YoY growth). Capital targets AI-native finance automation products (T:0, Airi) to enable autonomous finance operations.
Capital Raising · Oceania
Canva →Robinhood Ventures Fund invested $25M in Canva as part of a broader AI-powered tech investment strategy
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Sefa →Sefa, a social-impact lender, committed to unlocking $500 million of capital by 2030 to support underfunded local charities and community organisations, with allocation targeting homelessness (37%), women's safety (14%), and mental health (13%).
Capital Raising · Oceania
Blackbird →Blackbird closed its largest investment ever at $200 million into an unnamed AI startup. Investment signals confidence in AI market and portfolio company traction.
Capital Raising · Oceania
University of Sydney →University of Sydney is designing a new venture fund to translate research into investible spin-out companies, seeking venture capital partnership to structure the vehicle.
Capital Raising · Oceania
AirTrunk →AirTrunk is pursuing a A$4.3 billion loan facility to finance a 400MW data center expansion in Australia.
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