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Airwallex confirms unicorn status with $100M USD raise

Techboard is pleased to report that international payments fintech start-up Airwallex has raised $100m USD in Series C round led by DST Global.  This represents a significant funding event not just for the company but for the Australian Ecosystem, with Airwallex joining Canva in the very exclusive Australian unicorn's club. 

This funding round will be captured in Techboard's upcoming funding report for the March Quarter 2019 which will be published early April. Techboard funding reports include deals reported in the startup and more traditional press as well as transactions that are reported to Techboard.  Techboard also now provides commercial subscribers with access to its funding data.

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Aussie Female Startup Founders Secured 26.5% of Larger VC Investments in 2018 (REVISED)

It has been well reported by Techboard and others that the level of funding for Australian Startups and Tech has been on the rise so for this International Women’s Day we decided to undertake a partial analysis of our funding data to see how female founded startups fared in the last year. 

NOTE: since this post was published we discovered that Judo Capital's Chief Marketing Officer Kate Keenan was also a co-founder. Given that Judo Capital had the largest funding event we captured for 2018, a $350m debt facility AND a $140m capital raise... this has thrown our figures out just a little... Taking the percentage of funding going to female founded companies to 19.9% of funding events over $5m .... and the percentage of large scale private investment from the previously reported 15.4% to 26.5%.

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