East Forged secures $1.5m from strategic investor

25 September 2024

Australian cold brew tea company, East Forged, has successfully completed a $1.5 million capital raise led by Global Mind Agriculture Australia - the venture capital arm of Vietnam’s leading agribusiness, TTC AgriS.

John Coghlan, Partner, and Victoria Nadalin, Associate, of Coghlan Duffy assisted East Forged in this transaction.

This investment is expected to assist East Forged to expand product capabilities, brand reach and enter key overseas markets. For more information, please refer to the article in SmartCompany.

About East Forged

Brisbane-based East Forged was founded in 2020 by Tania Stacey and Kym Cooper. East Forged produces ready-to-drink teas made using an innovative cold-brewing process that incorporates nitrogen infusion. East Forged teas are made with green, black and white tea leaves sourced from ethical growers in Australia and China, with each batch brewed for up to 12 hours at the business’ facility in Sydney.

For more information, please visit East Forged’s website here.

For more information on the transaction, contact

John Coghlan | Partner
E: jcoghlan@cdandco.com.au

Coghlan Duffy is a specialist corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

Graceview secures $1.5m in seed funding

16 August 2024

AI-driven legal compliance startup, Graceview, has successfully completed a seed investment round, raising $1.5 million to accelerate its growth and development. The round was led by entrepreneur, Patrick Linton, who will also join the Graceview board.

Coghlan Duffy assisted Graceview in this transaction. The team consisted of Partner, John Coghlan, and Associate, Marcus Triado.

This seed investment will allow the company to develop its AI-driven solutions and expand its market reach. For more information, please refer to Graceview’s media release, and the articles in SmartCompany and Startup Daily.

About Graceview

Graceview is an AI-driven legal compliance platform that provides its customers with real-time data insights into regulatory compliance risks and possibilities. By integrating the capabilities of generative AI with the expertise of seasoned legal professionals, the platform aims to ensure regulatory compliance is both streamlined and maintained. Founded in 2023 by Simon Quirk, Jules Ioannidis and Dan Hunter, Graceview has grown to a team of 11 and has a presence in Melbourne, London and Singapore. For more information, please visit Graceview’s website here.

For more information, contact

John Coghlan | Partner
E: jcoghlan@cdandco.com.au

Coghlan Duffy is a specialist corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

,

Patricks secures investment from Shiseido

,

9 April 2024

Australian men’s grooming brand, Patricks has received a substantial investment from Shiseido’s newly formed venture arm. It is the inaugural investment made from the Shiseido Long-Term Investments for the Future (LIFT) Ventures fund, a vehicle investing in innovative, high-growth brands within the beauty and wellness space.

Certain existing and new investors participated in the raise alongside Shiseido LIFT Ventures.

Coghlan Duffy acted for Patricks in the transaction. The team was led by Partner, Zain Kazi, with support from Associate, Alyssandria Lim. Consumer M&A specialist investment bank, Lempriere Wells, arranged the raise for Patricks.

For more information about this transaction, please refer to the article in the Australian Financial Review, and the news release by Shiseido.

About Patricks

Patricks is a luxury men’s grooming brand founded in 2014 by former men's salon owner Patrick Kidd, and his wife, Aimee, a former lawyer. Owning an award-winning barber shop for many years, they were disappointed by the range of products available at the time. This inspired them to create a luxury skin and haircare brand for men that consciously combines performance, design, and sustainability. Patricks is stocked at Harrods, Selfridges, Bergdorf Goodman, Nordstrom, Saks, and Harrolds.

Zain Kazi | Partner
E: zkazi@cdandco.com.au

Coghlan Duffy is a specialist corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

iConstruct sells to Hexagon AB

15 November 2022

Perth-based Building Information Modelling (BIM) software provider, iConstruct, has been acquired for an undisclosed sum by Swedish-headquartered global information technology company, Hexagon AB.

Coghlan Duffy + Co acted for iConstruct in the transaction. The team was led by Director, John Coghlan, with support from Associate Director, Zain Kazi, and Associate, Marcus Triado.

This strategic acquisition complements Hexagon’s existing suite of technology solutions and represents its second Australian acquisition in the past 12 months, following its purchase of mining technology company, Minnovare.

Hexagon was represented by its Australian counsel, K&L Gates, led by Partner, Adam Levine, and Senior Associates, Ben Kiernan-Green and Natasha Augustin-Fleming.

For more information about this transaction, please refer to Hexagon’s media release and the recent articles in AEC Magazine, Engineering.com and Business News.

About iConstruct

iConstruct provides its clients with a suite of BIM software solutions used in commercial, infrastructure and industrial construction. Led by its Founder and CEO, Shawn Weir, iConstruct has developed award-winning software that is used by various clients on large energy, resources and infrastructure projects globally. For more information, please visit iConstruct’s website here.

About Hexagon AB

Hexagon (Nasdaq Stockholm: HEXA B) is a publicly-listed global technology company that specialises in digital reality solutions, including sensor, software and autonomous technologies, across industrial, infrastructure, manufacturing, public and mobility sectors. Hexagon has a presence in 50 countries, employs approximately 23,000 people and has acquired more than 170 technology companies. For more information, please visit Hexagon’s website here.

For further information, contact:

John Coghlan | Director
E: jcoghlan@cdandco.com.au

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

Trendii raises $2.9M Seed Round

12 October 2022

Coghlan Duffy + Co, led by Director, Charly Duffy with assistance from Associate, Harry Pratt, were pleased to act for Trendii on its recent $2.9 million seed investment round.

The raise sets the Melbourne-based adtech startup up for international expansion, having already begun working with publishers including the Daily Mail, Are Media and News Corp.

Headed by Founder and CEO Aaron Woolf, Trendii uses proprietary AI-driven technology to turn online image and video content into instant shopping experiences. The contextual advertising Trendii creates opens up new ways for publishers to monetise content in the evolving landscape of online advertising.

 The funding round was supported principally by VC fund Investible and its investment community, Club Investible, as well as a strategic media partner.

Read more from Investible about its support for Trendii here.

For further information, contact:

Charly Duffy | Director
E: cduffy@cdandco.com.au

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

ProductEngine raises $1.2M Seed Round

12 October 2022

Brisbane-based developer of product and pricing management software, ProductEngine (https://www.productengine.app/), is primed to grow its team and scale up, following its $1.2m seed capital raise earlier this year. 

After coming through Startmate’s Winter 21 accelerator program, ProductEngine received support and seed funding from VC fund Folklore Ventures.
 
Coghlan Duffy + Co, led by Director, John Coghlan and Associate Director, Zain Kazi with assistance from Associate, Harry Pratt, were pleased to act for ProductEngine on the milestone investment round, which will enable it to build its technology and set it up for international expansion.
 
ProductEngine is a system that provides a single source of truth for all the product and pricing data across an organisation, to help improve efficiency of quoting and to enable full digital transformation.
 
Read more from Folklore about its support for ProductEngine here.

For further information, contact:

John Coghlan | Director
E: jcoghlan@cdandco.com.au

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

Eugene Labs closes $3.5M Series A Capital Raise

18 January 2021

Victorian-based health technology company, Eugene Labs (https://eugenelabs.com), has successfully closed a $3.5 million Series A investment round with support from various existing and new investors, including Californian based ALIAVIA Ventures and John McBain (founder of IVF Melbourne) among other industry leaders.

Coghlan Duffy + Co, led by Director, John Coghlan with assistance from Lawyer, Victoria Nadalin, were pleased to act for Eugene Labs on its milestone investment round.

Founded in 2017, Eugene Labs assists its clients in making smarter health choices with their clinical grade at-home genetic tests and digital genetic counselling.

For further information, contact:

John Coghlan | Director
E: jcoghlan@cdandco.com.au

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au

Ento closes $5M Series B round

18 June 2021

Victorian-based HR startup, Ento, has successfully closed a $5 million Series B investment round with support from various investors, including Perennial Value Management and AirTree Ventures.

Coghlan Duffy + Co Lawyers, led by Director, John Coghlan, Senior Associate, Zain Kazi and Lawyer, Marcus Triado, were pleased to act for Ento on its investment round.

Founded in 2009, Ento is a software company that offers a suite of workforce management tools to assist businesses in managing rostering, leave, attendance and communication within their teams.

Ento’s sophisticated software tools are cloud-based, smartphone and tablet-accessible, as well as integrated with human resources, POS and payroll systems that are widely used by Australian businesses. Led by its CEO and Founder, Aulay Macaulay, Ento has grown significantly since its inception and now provides software solutions to more than 3,000 teams of various sizes and across multiple industries.

For more information about this transaction, please refer to the recent feature article in Startup Daily.

For further information, contact:

John Coghlan | Director
T: +61 3 9614 2444  
E: jcoghlan@cdandco.com.au

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au