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Digital twin start-up Willow banks $40m, funded into 2024

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The hard hats can come off at digital twin business Willow, after the company picked up $US28.8 million ($42.3 million) from mostly existing investors to be fully funded at least the coming year.

Fresh from securing the capital injection, Willow CEO Joshua Ridley told Street Talk the Nicholas Moore-chaired company had sharpened its focus to real estate, airports and other real assets, knowing funding markets had changed considerably since it went to investors last year.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

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Original URL: https://www.afr.com/street-talk/digital-twin-start-up-willow-banks-40m-funded-into-2024-20221214-p5c67w