Israeli smart-city company, Bright Innovations, has completed an oversubscribed pre-IPO raise of AUD1.5m, with Mayfair 101 being a cornerstone investor in the round.
Bright is planning an IPO on the Australian Securities Exchange in 2Q 2018 with the assistance of The Public Listing Co. (a Mayfair 101 subsidiary) and Lodge Partners in Melbourne. Mayfair 101 has also confirmed it will partially underwrite the IPO by up to AUD5m.
Mayfair 101 visits Certis CISCO's facility in Singapore with
Bright Innovations CEO, Rami Mirsky