Investment to date has been raised privately. To date we have completed four modest equity raising rounds at progressively higher valuations. Our fifth round is now open for sophisticated investors.
We send periodic updates to shareholders by e-mail besides providing audited financial statements and holding a general meeting each year.
We have also held occasional briefing sessions, at which d-Drive™ has been demonstrated, apart from formal shareholders meetings.
In addition to shareholder investment received we have been awarded grants by Commercialisation Australia (now replaced by business.gov.au) under its ‘Skills & knowledge’ and ‘Proof of concept’ programmes. http://www.commercialisationaustralia.gov.au/Pages/Home.aspx