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Australian startup flagship secures 3.75 million seed funding for US expansion

Australian retail tech startup Flagship has secured AU$6 million (US$3.75 million) in seed funding to bolster its expansion in the US, just six months post-launch. The funding round, led by US venture capital firms, follows an earlier AU$2 million round aimed at growth in both Australia and the US.Founded by Simon Molnar, Flagship provides a digital visual merchandising platform utilized by over 600 stores globally. The new funds will enhance US market strategies, support R&D, and integrate AI features, while the company plans to increase its workforce by 25% this year.
Tech in Asia
United States Dollar Australian Dollar Coreline Soft, Co., Ltd. AUS USA Simon Molnar
Business & Industry, News Article
08:39 02.04.2025
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