Australian PropTech firm LARKI, provider of 3D laser scans and city models for architects, has won a major cash boost from one of the country’s leading private equity firms.
An AUD$1.4M investment led by Nightingale Partners puts LARKI on a solid footing to expand its innovative platform and 3D data to architects and the wider property industry, servicing major metros on the east coast of Australia while laying the foundations for international expansion.
Simon Cookes, CEO and co-founder of the four-year-old business, which has offices in Melbourne and Sydney said, “This backing from Nightingale Partners has come at just the right time, allowing us to drive forward plans to make LARKI synonymous with high-resolution 3D city models online, here in Australia but soon all over the world.”
Lindsay Phillips, Chairman and Managing Director at Nightingale Partners and lead investor said, “I liked LARKI’s cloud-based information platform for architects, which will make design and approval processes easier and faster. We’re excited to be involved with co-founders of great quality and with an excellent blend of experience.”