logo
logo

Farquhar’s Skip Capital Leads $20M Start-Up Raise

May 23, 2022•over 3 years ago

Amount Raised

$20 Million

Sydney

Description

Kim Jackson and Scott Farquhar’s Skip Capital has led a $20 million investment in critical infrastructure digital twin start-up Neara, as demand for its services surges thanks to increasing floods, bush fires and other natural disasters.

Company Information

Company

Neara

Location

Sydney, New South Wales, Australia

About

At Neara, we're helping utilities future-proof their infrastructure. We create 3D network-wide models that reflect and simulate how utility assets behave in their real-world environment in any scenario, empowering you to prepare your network for anything — from systematic risks to severe weather and a clean energy future, so you can protect your assets, teams, and communities. Our customers identify and reduce risks 9x faster across a combined territory of >650k square miles and >2.5m assets. Contact the Neara team for a free trial or demo at info@neara.com

Related People

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech