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Microba Raises $12.5M Led by Sonic Healthcare to Fuel UK Expansion
12:52pm on Monday 23rd of June, 2025 AEST
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Healthcare
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Microba Raises $12.5M Led by Sonic Healthcare to Fuel UK Expansion
12:52pm on Monday 23rd of June, 2025 AEST
Key Points
Equity raise of up to A$12.5 million via two-tranche institutional placement and Share Purchase Plan
Sonic Healthcare commits up to $8.3 million to support UK market acceleration
FY25 revenue guidance of A$15.4–16 million with over 145% year-on-year core product growth
Targeting regional EBITDA break-even in Australia and the UK by end of FY26
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