Owings Mills, US
Managing Director International
Sydney tech firm Lakeba Group has welcomed a heavyweight global investor to its board. The man responsible for taking global investment manager T. Rowe Price global, Todd Ruppert, is now part of the team. Lakeba has positioned itself as a start-up studio focused on the development and rapid commercialisation of digital solutions and the company’s co-founder and chief executive, Giuseppe Porcelli, said Mr Ruppert’s international experience would be a key asset.
Marketing tech start-up Mobecom is landing on the ASX after successfully raising $5.1 million with the company aiming use the new funds to give its digital currency solution, airBux, a boost next year. The company, which is using the shell of Waratah Resources to go public, has managed to get the backing of Sydney-based Tulla Private Equity Group — the investment vehicle of the Maloney family. It also boasts hedge fund veteran Todd Ruppert as a non-executive director.