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HomeStartupDigital twin software program startup Willow tops up with $42 million increase...

Digital twin software program startup Willow tops up with $42 million increase at a decrease valuation


Actual property and infrastructure digital twin creator Willow has raised US$28.8 million (A$42m) .

The spherical was led by the Sydney-headquartered enterprise’s current backers, who chipped in at a decrease valuation to 2021’s pre-Collection B spherical.

Willow chairman Nicholas Moore, the previous Macquarie Group CEO, is a key investor, alongside fellow director and TCI Renewables chair Jim Cooney, and WatermanCLARK cofounder and former Brookfield boos Ric Clark have been key backers of the most recent increase.

The  software program startup beforehand raised US$43 million (A$58m) in a pre-Collection B Spherical in August 2021 and  US$40 million (A$54m) in a Collection A in late 2019.

Its institutional traders embrace Perennial Worth Administration, VGI Companions, and CIA-backed US fund In-Q-Tel.

The digital twin software program enterprise creates a digital reproduction of a constructed asset, so homeowners and operators of main portfolios and infrastructure to make smarter, extra proactive, and data-led selections.

Willow’s buyer base contains a number of the world’s largest homeowners of actual property and important infrastructure together with Brookfield Properties, in addition to a number of Fortune 500 firms together with Microsoft.

The corporate additionally boasts a number of iconic campus and stadium precincts together with the SoFi Stadium and Hollywood Park in Los Angeles. It has workplaces in Sydney, Melbourne, Toronto, Seattle, New York, London, Amersfoort and Manila.

NOW READ: Infrastructure monitoring startup Trendspek banks $6.3 million in Collection A



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