News and Views
Transaction & Advisory | May 2023
Digital health startup Eucalyptus lands $50 million in its latest funding round
Our Corporate team led by Paul Miller (Partner), Sarah-Jane Sale (Senior Associate) and Sally Yang (Associate), are proud to have advised Australian digital health start-up, Eucalyptus, on its most recent fundraising. High profile investors including Blackbird Ventures, Bond Capital and Woolworths’ W23 venture arm, raised $50 million raising the company’s valuation to $560 million.
Despite there currently being a difficult fundraising environment, we are delighted that investors have the confidence in Eucalyptus’ model, which can only bode well for its future.
Venture fund Uniseed has added five new university partners
Our corporate team led by Alistair Jaque, Anna McKay and Zafiria Stamboulidis assisted venture fund Uniseed with its new investment arrangements with Monash University, UTS, University of Newcastle, Macquarie University and University of Western Sydney. A great opportunity for our team to be involved in the commercialisation opportunities of the cutting edge technologies developed by these university research departments and CSIRO.
Space tech start-up, Skykraft, raises $120m
Our corporate team led by Paul Miller, advised space tech start-up, Skykraft, in it's fundraising round, which will enable the company to work towards rolling out its satellite constellation.