Mahoneys closes $10m capital raise for tech start-up

27 February 2023

Mahoneys recently assisted a technology start-up raise $10M in capital from local investors. This capital raise reflects the confidence in investing in Queensland-owned technology start-ups at a time when funding is getting harder to source.

Our team consisted of Antony Harrison, Rhys Williamson, and Sabrina Austin. Our role included:

  • advising on capital raising and structuring options;
  • ensuring compliance with relevant disclosure requirements;
  • structuring the capital raise to keep the company in private hands; and
  • negotiating and documenting the shareholder agreement.

Mahoneys’ dedicated commercial team works closely with a broad range of clients – including high net-worth individuals; start-ups; small to medium-sized enterprises; and large national corporations. We help them deliver their strategic, operational, and commercial objectives by identifying and managing the legal risks that might arise in their business activities

Feel free to contact Antony, Rhys, or Sabrina if you need any assistance buying, selling, running, or growing a business.