Herbert Smith Freehills’ Venture Capital team has advised HEO Robotics on its A$12 million Series A capital raise.
The round was led by AirTree Ventures with participation from Salus Ventures and other investors. This new capital will be employed to fund the continued rapid growth and expansion of the company.
HEO Robotics is an Australian company that assists government, defence and commercial customers in Australia, USA, and UK to assess and maintain space assets and minimise damage through advanced monitoring, imaging and analytics.
The Herbert Smith Freehills team was led by partner Elizabeth Henderson, together with partner Toby Eggleston, senior associate Wendy Tian, and solicitors Esther Adeyinka, Vincent Greco Schwartz and Adam Ong.
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