Different Technologies’ A$25 Million Series B Capital Raise

Herbert Smith Freehills’ advised Different Technologies Pty Ltd on the deal.

The round was led by the Commonwealth Bank’s venture scaling arm, x15ventures and co-led by Antler.
This new capital will be employed to fund the continued rapid growth and expansion of the company.

: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. It was founded in 2016 by Mina Radhakrishnan and Ruwin Perera with an aim to make property management cheaper and more efficient for property investors, which are overwhelmingly mum and dad investors, or just “regular people”.

The Herbert Smith Freehills team was led by partner and Head of Venture Capital, Peter Dunne (Picture) who was supported by senior associate Wendy Tian and solicitor Roy Carbone.

Involved fees earner: Roy Carbone – Herbert Smith Freehills; Peter Dunne – Herbert Smith Freehills; Wendy Tian – Herbert Smith Freehills;

Law Firms: Herbert Smith Freehills;

Clients: Different Technologies Pty Ltd;

Author: Sonia Carcano