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Prominent fintech provider advised on $18.5m raise
Technology-enabled fintech company Brighte Capital has been advised on a fundraising drive to a range of high-net-worth investors.
Jerome Doraisamy
Firm: Ashurst (Brighte Capital Pty Ltd).
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Deal: Brighte Capital has been advised on its Series B fundraising to a suite of high-profile strategic investors, including AirTree Ventures, Grok Ventures, Skip Enterprises and RH Investments.
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.”
