REA Group doubles down on 3D proptech, upping stake in IMMERSIV
REA Group has invested again in IMMERSIV, a Brisbane startup whose 3D tools let buyers explore off-the-plan developments, after its initial 2024 stake; the amount was not disclosed.
Startup · $3m raised
Every investor coverage indicates participated in a round Bricklet raised.
Companies Bricklet acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Darren Younger | CEO · Founder | Australian FinTech (Fri 5 Mar 2021), Australian FinTech (Mon 22 Feb 2021), Startup Daily |
Stories naming Bricklet. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
REA Group has invested again in IMMERSIV, a Brisbane startup whose 3D tools let buyers explore off-the-plan developments, after its initial 2024 stake; the amount was not disclosed.
DigitalX has launched same-day settlement for one-off ASX share sales using its own cash. The article also profiles its tokenised HxART property fund and its research partnership with UNSW's UNOVA Lab.
Cut Through Venture's debut quarterly newsletter rounds up Q1 2021 raises across Australian and New Zealand startups, highlighting crowdfunding, fintech dominance, active investors, and two newly launched startups currently seeking backers.
Bricklet, a fractional property investment platform, has raised a $3 million Series A from News Corp, REA Group and earlier backers at a $28 million valuation, to fund marketing.
Also Australian FinTech·Cut Through Venture·Startup Daily·Australian FinTech
Property fragmentation platform Bricklet opened its Series A round, with Mirvac and Stockland leading and over $1 million committed, after selling nearly $9 million of bricklets in its first quarter.
Bricklet sold all 259 fragments of the Roxy Muse apartment development within five weeks, and is now launching a Series A after earlier seed backing from Mirvac and Stockland.