$105 million capital raise for construction-tech | Sequioa buys its own stock | Budget mobile wins against telco giants

What the Flux

A construction tech company in Australia called Hammertech has raised $105 million as it looks to expand into the US and Europe.

One of the major investors in Stripe, Sequoia Capital, is offering to buy shares from its earliest investors at a $70 billion USD valuation.

Budget mobile brands have seen double digit growth in subscribers after the latest price increases from telco giants Telstra and Optus.

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