Immersion Group Capital Raise
Harwood Andrews congratulates Immersion Group on their recent capital raising round, which was fully taken up by a cornerstone investment from Nissui Corporation (TSE: 1332) and local high net-worth investors from the Geelong region.
Cipher Sports
Harwood Andrews is pleased to have advised the founders of iRival and Hypometer on their merger to form Cipher Sports, and subsequent capital raising via the issue of convertible notes. The $5m Series A round, mainly to wholesale investors will be used for US expansion, a market where it already has a presence. Cipher Sports owns and operates consumer-facing websites such as dimers.com in the United States featuring the company’s proprietary technology that helps predict outcomes in games.