Different Technologies sees additional capital

Different Technologies sees additional capital

30 September 2021 By Emma Ryan

Global law firm Herbert Smith Freehills has advised Different Technologies on its series B capital raise.

Firm: Herbert Smith Freehills (Different Technologies Pty Ltd).

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Deal: Different Technologies Pty Ltd (:Different) has been advised on its series B capital raise. The round was led by the Commonwealth Bank’s venture scaling arm, x15ventures and co-led by Antler.

Value: $25 million.

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Area: Venture capital.

Key players: The Herbert Smith Freehills team was led by partner and head of venture capital, Peter Dunne, who was supported by senior associate Wendy Tian and solicitor Roy Carbone.

Deal significance: Founded in 2016 by Mina Radhakrishnan and Ruwin Perera, :Different is an Australian technology company that provides streamlined technology-enabled property management and home services to ensure both transparency and efficient communication for tenants and owners. 

This new capital will be employed to fund the continued rapid growth and expansion of the company.

Commenting on the matter, HSF’s Roy Carbone said: “It was great to work with :Different’s founders, Ruwin and Mina once again on this strategically important capital raise that will enable it to continue building its business and expand its offering to Commonwealth Bank’s significant customer base.

“We are excited to see :Different reach this milestone and look forward to working with the company again in the future as it continues to grow.”

Different Technologies sees additional capital
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