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Bloomberg | Macquarie Venture Backing Infrastructure Technology Companies
Originally published December 14, 2018, updated November 20, 2020.
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Learn MoreWritten by Mission Secure News Desk
December 14, 2018
Macquarie Capital Venture Studio, a collaboration between Macquarie Capital and R/GA Ventures, agreed to provide funding and support to help three infrastructure-technology companies commercialize their products, according to a statement Friday.
FreeWire Technologies, Mission Secure Inc. and T-Rex Group Inc. will each receive about $1 million in cash and support services, said Larry Handen, the Australian bank’s head of principal and private markets in the Americas, Europe and Asia. The companies may later receive about $10 million.
FreeWire manufactures mobile and flexible electric-vehicle charging systems. Mission Secure provides control-system cyber-security technology to defense, energy and transportation customers. T-Rex offers data services and analytical software.
Originally published December 14, 2018, updated November 20, 2020.