Ynomia is a Melbourne-based construction startup developing a product in partnership with CSIRO. The company secured $3.6 million in seed funding to support product refinement and development. Investors include Aconex co-founder Rob Phillpot, US specialist VC Brick & Mortar Ventures, Aussie real estate technology investor Taronga Group, Aura Ventures, and Salta Capital (the venture arm of Salta Properties). The funds will allow Ynomia to continue working with CSIRO to refine and develop the product. Ynomia also plans to use the capital to begin expanding into overseas markets. Media coverage described the investor group as heavyweights and said the backing exceeded the founders' expectations.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2019