Climate Changed
Macquarie Venture Backing Infrastructure Technology Companies
- FreeWire, Mission Secure and T-Rex get funding, support
- Macquarie Capital Venture is collaboration with R/GA Ventures
This article is for subscribers only.
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.