{"id":493603,"date":"2026-02-21T01:16:36","date_gmt":"2026-02-21T01:16:36","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/493603\/"},"modified":"2026-02-21T01:16:36","modified_gmt":"2026-02-21T01:16:36","slug":"melbourne-ai-firm-affinda-valued-at-220-million-after-raising-25-million-in-funding-round","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/493603\/","title":{"rendered":"Melbourne AI firm Affinda valued at $220 million after raising $25 million in funding round"},"content":{"rendered":"

The chief executive of Melbourne-based artificial intelligence software firm Affinda says his company is among the disruptors upending the sector, as big-name investors led by Toll Group founder Paul Little increased its valuation by $100 million in a fresh funding round.<\/p>\n

The company has tapped its pool of well-known existing backers<\/a>, led by Little and including Ellerston Capital co-founder Ashok Jacob and former MYOB and REA Group chief executive Greg Ellis, to raise a $25 million funding round via ordinary shares that values it at $220 million. It last raised at a $120 million valuation in mid-2024.<\/p>\n

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