29.03.2023

FLAIM Systems secures $6.7m Series A Investment

Henslow is pleased to have acted as Lead Manager to FLAIM Systems (FLAIM) on their recent Series A $6.7m capital raising. Funds raised will be used to enhance FLAIM’s technology stack, strengthening the team and accelerating its go-to-market strategy.

FLAIM Systems has developed the world’s first fully immersive virtual firefighting training system, delivering a safe and cost-effective way to replicate the stress and uncertainty of real-world situations to better prepare the firefighter community to respond.

Breakthrough Victoria cornerstoned the Series A capital raise with a $5m investment.  This was supported by a Rights Issue and an employee placement for a total raise of $6.70m.

This is first capital raising Henslow has conducted for FLAIM and we look forward to continuing to support them as they become a global leader in firefighter immersive learning.

Want to discuss this transaction further?
Get in touch with the Henslow team below.

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