Russell Kennedy Lawyers has advised Celesta Capital on its Series A investment into thermal imaging technology company, Calumino Pty Ltd (Calumino).
Celesta Capital is a venture capital firm based in San Francisco, California. They invest in exceptional entrepreneurs and disruptive technologies that will help shape the future. The management team and investment professionals bring their investment and operational experience to their portfolio companies along with a deep and unmatched network of value-added strategic relationships. The firm has funded over 75 technology companies.
Calumino is an Australian private company, pioneering the development of a brand-new low-cost thermal sensor technology and supporting A.I computer vision. The company’s ‘Calumino Thermal Sensor’ (CTS) has unparalleled signal- to-noise ratio and image stability when compared to conventional low-cost thermal sensors and imagers. Engineered for mass-market applications, the CTS is capable of offering novel solutions in the security, fire safety, healthcare, smart buildings and automotive industries.
The Russell Kennedy team was jointly led by Rory Maguire, Principal (Corporate Advisory / M&A) and Andrew Parlour, Principal (Corporate Advisory / M&A) with assistance from; Gina Tresidder, Special Counsel (Intellectual Property / Information Technology); Ellen O'Neil, Senior Associate (Corporate Advisory / M&A) and Jaqueline Wilson, Associate (Corporate Advisory / M&A).
Russell Kennedy advised Celesta Capital on all aspects of its investment into Calumino. Marque Lawyers advised Calumino.
Russell Kennedy advises Celesta Capital on its Series A investment into Calumino has been reported on by the Global Legal Chronicle here.
Russell Kennedy Principal, Rory Maguire, commented on the success, saying:
“We were very pleased to assist Celesta Capital with its Series A investment into Calumino. This is an exciting development for the business and an indication of the strength of our technology industry here in Australia. We look forward to seeing Calumino bring its market-leading technology to consumers around the world.”
Further assistance
For assistance regarding Russell Kennedy's venture capital expertise, please contact Rory Maguire, Andrew Parlour or a member of our Corporate & Commercial Advisory team.
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