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SunDrive Solar raises $21m in Series A round
Solar technology start-up SunDrive Solar has been advised on its Series A round, which raised $21 million (including from Malcolm Turnbull), by NewLaw firm LegalVision.
Jerome Doraisamy
Firm: LegalVision (SunDrive Solar)
Area: Corporate
Value: $21 million
Key players: The LegalVision team was led by practice leader Jill McKnight, with assistance from lawyer Miles Guggenheimer.
Deal significance: Speaking about the raise, Ms McKnight said: “In addition to protecting the environment, SunDrive’s technology has huge potential to grow the local Australian solar industry. We’re delighted to help this innovative start-up continue on its journey to success.”
SunDrive co-founder and chief executive Vince Allen added: “Thanks to our successful capital raise, we can change the face of solar cell production in Australia, offering a much better-performing and cost-effective alternative. We are grateful to Jill and the LegalVision team for their guidance throughout this raise, and our previous capital raises, and [we] look forward to working with them again in the future.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
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