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Technology-enabled fintech company Brighte Capital has been advised on a fundraising drive to a range of high-net-worth investors.
Firm: Ashurst (Brighte Capital Pty Ltd).
Value: $18.5 million.
Area: Corporate.
Key players: Partner Stuart Dullard led the Ashurst team, supported by senior associate Samantha Robson and lawyer Rory McLeod.
Deal significance: The Series B fundraising will fund the next phase of growth for Brighte, Ashurst said, and follows closely from its recent $20 million debt facility where Ashurst also advised Brighte.
Mr Dullard said the firm was delighted to have acted for Brighte in this matter.
“The quality of the investors is well-deserved recognition for the business which Katherine McConnell and the team at Brighte have worked so hard to build,” he said.
“We have advised Brighte since its inception and look forward to seeing it go from strength to strength in the energy finance sector.”
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Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
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Jerome Doraisamy
