Having abandoned a planned IPO in 2021, Brisbane-based sports technology company Vald has raised $US25 million ($36 million) to fund acquisitions, nearly double its local headcount and expand in the US healthcare market.
The business, which started life in 2015 as a project within the Queensland University of Technology, makes hardware and software that monitors athletes’ performance, injury and recovery.
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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
