Linius Technologies (AU:LNU) has released an update.
Linius Technologies Limited has announced a successful capital raise of up to $3 million before costs, aiming to accelerate growth toward cashflow breakeven by early FY26. The funds will support market expansion, new partnerships, and the launch of their latest product, Captivate, in the $75 billion sports broadcasting market. Cost reductions and strategic investments from professional and sophisticated investors underscore confidence in the company’s scalable technology and business strategy.
For further insights into AU:LNU stock, check out TipRanks’ Stock Analysis page.