Lakeba accelerates with Australia’s fastest growing companies
Lakeba officially joins the ranks of Australia’s fastest growing companies. The ranking is qualified by Nikkei Asia, the Financial Times and Statista.
Lakeba is the only venture catalyst firm to be ranked. Joining other high-growth companies in architecture, construction, ecommerce, energy, financial services, fintech, gaming, health, retail and technology; amongst other sectors.
Giuseppe Porcelli, CEO of Lakeba, said, “Some might accuse us of our unfair advantage, given we’re in the very sectors that the other fast-growing companies are in. Our shareholders, on the other hand, recognise it as our very unique business philosophy.”
Lakeba’s fast growth stems from fabricating several businesses under one roof. Using centralised resources for conceiving, creating and commercialising 15 (currently) digital ventures.
Lakeba’s AI determines the frictions that cripple business and society, particularly the ones that can be solved with technology. The business and technology teams at Lakeba then engineer the start-ups that fix these problems. These fledgling businesses then evolve into scale-ups through Lakeba’s partnerships and commercial teams co-creating and collaborating with sector leaders, including EY, Microsoft, Mirvac, NewsCorp and Stockland, amongst others.
This unique model established 360Dgrees, AirCrypto, BRICKLET, Deals4Sport, ezidox, EziFin, EziLoan, EziTECH, ntick8, Paid By Coins, Prophetico, Quixxi, SHELFIE, Titlexchange and Verimoto as successful businesses in less than eight years. All engineered by Lakeba.
AirCrypto, Deals4Sport and Paid By Coins have been exited by Lakeba. With several additional businesses already in development.
“As the ventures are maturing, the net asset value of the portfolio is becoming very, very interesting;” commented a spokesperson for Altor Alpha Fund.
Australia’s Fastest Growing Companies ranking is determined from the FT Asia-Pacific High Growth Companies 2021 ranking. A list of 500 companies in the Asia-Pacific region that have achieved the highest compound annual growth in revenues between 2016 and 2019.
The ranking is created through a complex procedure. Through research in company databases and other public sources, Statista identified tens of thousands of companies in the Asia-Pacific region as potential candidates for the ranking.