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Andrew Forrest doubles as therapeutic ecstasy biotech Emyria

ASX-listed biotech Emyria (ASX:EMD), which is developing psychotherapy treatments using MDMA (aka ecstasy) and psilocybin (aka magic mushrooms), has raised $2.5 million in equity offering backed by existing investor Andrew Forrest through the healthtech company. fund Tenmile, part of its private investment group, Tattarang. The $2.5 million placement was jointly [...]

Fresh Equities gets a new name after raising $4 million

The stakeholder engagement platform, Fresh Equities, has raised $4 million and changes its name because it appears to improve public company communication with investors. The round was led by Sydney VC EVP. The company has also been rebranded as InvestorHub as it appears to be expanding into international markets such [...]

Automation helps founders avoid the basis point yield trap

Michael Dobrowski Contributor Michael Dombrowski is the corporate treasury lead Rho and an investment advisor representative who specializes in corporate fixed income investments and cash management. Recent banking industry developments leading founders to look for places to diversify their cash reserves left markets wondering if the Fed would follow these [...]