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Mercury: Capital Raising
Mercury (electricity retailer) invested $53m for a stake in Datagrid NZ, a firm planning to build a large data centre in Southland, New Zealand
Source: RNZ Business
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: Against a Talent Market Index of 107.4 (Hot) (down 1.8 month-on-month), Oceania is at easing (-4.4pts) on signal share.
Mercury: 3 signals in the last 90 days; 0.1% of MitchelLake's Americas signal flow; 3 tracked across 63 days.
MitchelLake in this thematic
Also at Mercury →
More signals across Oceania
Capital Raising · Oceania
Neon →Gaming commerce infrastructure company Neon closed $13M funding round led by Krafton. Experiencing 200% YoY growth, positioning as infrastructure for publishers' direct-to-consumer channels post-app store independence.
Capital Raising · Oceania
Straand →Straand, a Melbourne-based scalp care company founded in 2022, has secured more than $4 million in funding including a $2 million investment from Unilever Ventures. The company has expanded distribution across Adore Beauty, Oz Hair & Beauty, 500 Priceline pharmacies in Australia, and 250 Boots stores in the UK.
Capital Raising · Oceania
SkyCity Entertainment Group →SkyCity Entertainment Group sold its 99 Albert Street office building and adjacent Victoria Street investment properties for $74.5M. The sale is now unconditional and expected to settle 1 September 2026. Proceeds will be used primarily for debt repayment to enhance financial flexibility.
Capital Raising · Oceania
APA Group →APA Group raised A$1.5 billion in new debt while progressing the Bulloo Interlink Pipeline environmental assessment and divesting non-core assets. Company is emphasizing contracted cash flows and income visibility.
Capital Raising · Oceania
Airtasker →Airtasker raised $22m in funding with Seven West Media as a major investor
Capital Raising · Oceania
Cover Genius →Cover Genius raised $100 million from Vista Credit Partners (Vista Equity Partners subsidiary), achieving $1.9 billion valuation. Series funding for embedded protection infrastructure platform.
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