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Unlockd founder returns to tech scene with $946m SPAC hunt

Paul Smith
Paul SmithTechnology editor

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Matt Berriman, the man who founded fast-growing mobile advertising start-up Unlockd before it went bust due to a run-in with Google, will make his return to the local tech start-up scene as the bearer of a $US700 million ($946 million) cheque, on behalf of a US-based SPAC, looking to buy one or two local firms and list them on the New York Stock Exchange.

Mr Berriman has taken on a number of investment and advisory roles since closing down Unlockd in 2018, but has now added the position of senior advisor to the SPAC – or special purpose acquisition company – Tailwind, which has launched three NYSE-listed SPACs, raising over $US1 billion.

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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

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    Original URL: https://www.afr.com/technology/unlockd-founder-returns-to-tech-scene-with-946m-spac-hunt-20210730-p58eg2