Sydney
Business

Digital twin startup Willow cuts 99 staff on Christmas eve, just a week after raising $42 million

- December 23, 2022 2 MIN READ

Nearly 100 staff at real estate and infrastructure digital twin startup will be looking for next jobs in the new year after the company cut 22% full-time employees and contractors, less than 10 days after announcing it had raised US$28.8 million (A$42m). The Sydney- and US-based startup is backed and chaired by former Macquarie CEO Nicholas… Read more »

Sydney from the air
Funding

Digital twins startup Willow builds $58 million pre-series B backed by former Macquarie boss Nicholas Moore 

- September 10, 2021 2 MIN READ

Sydney-based digital twin tech startup Willow has raised US$43 million (A$58 million) in a pre-Series B. Existing shareholders, including Willow Chairman Nicholas Moore, the former Macquarie Group CEO, and Willow director Jim Cooney, doubled down on their investment along with institutional investor Perennial Value Management. The four-year-old software venture also took on WatermanCLARK co-founder Ric Clark, the former… Read more »