“Beyond expectations”: Construction startup Ynomia bags $3.6 million from the investors of its dreams

Smart Company reporter Stephanie Palmer-Derrien features Taronga Group in article ‘”Beyond expectations”: Construction startup Ynomia bags $3.6 million from the investors of its dreams’.

As stated, ‘Melbourne construction startup Ynomia has bagged $3.6 million in seed funding, from a group of heavyweights in the sector including Aconex co-founder Rob Phillpot and US specialist VC Brick & Mortar Ventures.’

Palmer-Derrien also announced Taronga Group’s investment in, ‘Aussie real estate technology investor Taronga Group has also invested, as well as Aura Ventures and Salta Capital, the venture capital arm of Salta Properties.’

This funding ‘will allow Ynomia to continue working with CSIRO to refine and develop the product. It will also allow the team to start expanding into overseas markets.’.

In addition to this funding by Aconex, if you ‘add Salta Capital, Aura Ventures and Taronga Group into the mix, and Ynomia has secured a group of investors beyond its founders’ wildest dreams.’

 

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