Participated · Debt Financing · May 2024

Zenobe Energy provides electrification services aimed at enabling fleet electrification, particularly for bus operators and local authorities. The company arranges and deploys EV-focused financing and infrastructure to support fleet transitions. With the newly announced £980m UK and Ireland debt facility, Zenobe intends to support the deployment of more than 1,000 electric buses. Since 2017 the company has raised over £3.2bn in capital. The recent financing strengthens its balance sheet to scale electrification projects across its markets. The articles do not disclose revenue, valuation, or specific investor names.

Participated · Equity · May 2024

Hometime is an Airbnb property manager operating a technology platform for holiday rentals. Over the last five years the company has scaled its team and matured its technology platform while securing backers including AS1 Growth Partners, NAB Ventures, Asia Principal Capital and OneVentures. The company completed a recent AU$10m growth round with support from its existing investors and welcomed Fifth Estate Asset Management to the cap table. Craig Burton was also appointed to the Hometime board. Hometime is kicking off a debt raise to complement the equity round. The fundraising is intended to accelerate professionalising the holiday rental industry, grow the brand across ANZ, and enter new markets by acquiring local operators. Hometime operates a property-management platform that handles end-to-end Airbnb hosting services, positioning hosts’ properties on ‘autopilot’ while respecting owner preferences. Launched in 2016 by Dave Thompson and William Crock and based in Sydney, its services cover Sydney, Melbourne, Brisbane, Gold Coast, Byron Bay, Sunshine Coast, Adelaide and Auckland. The company grew 450% in 2018 and is described as the pre-eminent provider of professional host services in the Australasian market and the first Airbnb professional co-host in Australia. Hometime says it is generating substantial revenue and will use new capital to drive domestic and international market expansion and further develop its host platform. The funding is intended to extend runway and prepare the business for a larger Series A round in early 2020. Hometime manages short-term property rentals and handles listings on platforms such as Airbnb. Since launching in June last year, the company has serviced over 500 properties and welcomed more than 15,000 guests across Sydney and Melbourne, with monthly user growth described as “by double digits.” The company closed a $1.5M seed funding round to consolidate its position in the short-term rental market. Founders Dave Thompson and Will Crock continue to lead the business. Hometime plans to use the capital to drive further growth in Sydney and Melbourne, open new markets using defined plug-and-play processes, and enhance its technology stack with an owner dashboard to provide hosts transparency on earnings, occupancy and guest reviews.

Led · Series A · Feb 2023

DataMesh builds and markets a proprietary payments platform called “Unify” that lets merchants manage in-store, online, and in-app payments from one interface. The system is positioned as low-cost yet high-performance, enabling rapid communication between banks and merchants. Beyond core acceptance, the company offers modular tools that let clients tailor additional payment capabilities to their particular needs. This unified approach is designed to streamline payment operations, lower processing costs, and improve transaction speed. The firm targets enterprise merchants looking to consolidate multiple payment channels into a single infrastructure. DataMesh’s technology stack also emphasizes flexibility, allowing banks and partners to integrate quickly. Its recent Series A financing provides fresh capital to scale product development and expand market reach.

Led · Equity · Feb 2023

Carbonplace operates a carbon credit transaction network that connects buyers and sellers of certified carbon credits via their banks, enabling secure transfers. The platform is designed to allow simultaneous settlement of carbon credits with immediate transfer of ownership upon payment, ensuring reporting and traceability throughout the transfer process. Carbonplace expects the system to launch later this year and to be available to clients of participating financial institutions. The company plans to use its new funding to scale the platform and team, expand services to a wider client base of financial institutions, and accelerate partnerships with registries and marketplaces globally. Carbonplace raised USD 45M in funding to support these efforts. The company is led by CEO Scott Eaton, who previously served as CEO of Nivaura, CEO of Algomi until its sale to BGC in 2020, and COO of MarketAxess from 2015–2018.

Led · Seed · Oct 2022

Greener provides a consumer app that links to users' bank accounts via open banking partner Basiq to calculate the greenhouse gas emissions of spending and suggest greener purchasing options across 250+ brands. It also offers tailored solutions for businesses to assess their sustainability journey and receive personalized advice to reduce emissions and waste. In consumer trials the company helped shoppers reduce emissions of purchases by 23% and observed over 10% customer growth as shoppers switched to greener businesses. The app is currently in beta, free for consumers, and businesses fund the model at a low margin while gaining customer insights. Greener was founded in 2019 and has partnerships with brands including Microsoft, T2 Tea, Scoop Wholefoods, Brew Dog, Huskee and Go for Zero, as well as the City of Sydney and the Australian Retailer Association (ARA). The startup plans to use the new funding to continue product development and ramp to a public launch of its consumer app and Greener for Business solutions next year.