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Different Technologies sees additional capital

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

user iconEmma Musgrave 01 October 2021 Big Law
Different Technologies sees additional capital
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Firm: Herbert Smith Freehills (Different Technologies Pty Ltd).

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.

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.”

Emma Musgrave

Emma Musgrave

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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