FLAIM Systems raised US$4.5 million via a placement
March 2023 — FLAIM Systems has completed a Series A capital raising. The funds raised will be used to enhance FLAIM’s technology stack, strengthening the team and accelerating its go-to-market strategy.
FLAIM Systems has developed the world’s first fully immersive virtual firefighting training system, delivering a safe and cost-effective way to replicate the stress and uncertainty of real-world situations to better prepare the firefighter community to respond.
Our role in the transaction
Oaklins’ team in Australia acted as lead manager to FLAIM Systems. This is the first capital raising the team has conducted for FLAIM and we look forward to continuing to support them as they gain traction in a global market.
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