Aerologix’s Pre-Seed Fundraising Round

Ashurst has advised Aerologix on its pre-seed fundraising round.

The investment round was led by venture capital co-investors, Nightingale Partners and Phoenix Development Fund.

Aerologix provides app-based software to optimise drone technology through a network of drone pilots for specific engagements. The company uses a patented algorithm and geo location to match clients with skilled and qualified drone pilots in Australia and was conceived by two MBA graduates, former Qantas pilot Tom Caska and IT expert Rakesh Routhu.

The transaction was handled by partner Stuart Dullard (Picture) and senior associate Jason Maletic.

Involved fees earner: Stuart Dullard – Ashurst; Jason Maletic – Ashurst;

Law Firms: Ashurst;

Clients: Aerologix;

Author: Michael Patrini