The funds are intended for working capital, business expansion, active treasury management, and purchasing Bitcoin and digital assets, with new shares and options to be issued as part of the placement.

Sovereign Cloud Holdings Ltd announced the strategic acquisition of three businesses to enhance product, revenue, and geographic diversification, aiming for profitability by FY25, alongside an equity raising of 30 million to fund these acquisitions and associated costs.

Melbourne-born but now global Skedda - receives funding from CIBC Innovation Banking

Bae Juice, a company known for its hangover prevention drink made from 100% Korean pear juice, has successfully raised $1 million in its latest funding round.

Founded by Andrew Colagiuri, the company specializes in e-signature solutions for the real estate industry, aiming to simplify paperwork processes for real estate professionals.

The investment was co-led by Two Sigma Ventures and Root Ventures.