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Proptech Archistar rules off raise; NAB, Skip, PEXA top up

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The worldwide government scramble to solve the housing affordability debate has put a rocket under proptech Archistar, which has leveraged a rise in public sector work to rule off a $5 million equity raise.

Archistar founder Dr Benjamin Coorey is helping commercial and residential property developers make better decisions using AI. 

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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
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/proptech-archistar-rules-off-raise-nab-skip-pexa-top-up-20240617-p5jmip