Yojee’s Growth Hinges on MOSAIC Beta Success and Market Adoption Risks
Yojee Limited has successfully raised $5.4 million to accelerate the commercial rollout of its MOSAIC platform, which has now entered live customer beta testing in Australia. The company also expanded key contracts and strengthened its balance sheet with a robust cash position.
- Oversubscribed $5.4 million capital raise completed
- MOSAIC platform launched into customer beta in Australia
- Key industry expert Scott McCorquodale appointed as consultant
- Röhlig Logistics contract extended across ANZ and Southeast Asia
- Strong cash position of $7.21 million with no debt
Capital Raise Fuels Ambitious Growth
Yojee Limited has kicked off FY26 with a significant capital injection, raising approximately $5.4 million through an oversubscribed placement. This funding round, strongly supported by both existing shareholders and new industry participants, is earmarked to accelerate the commercialisation of Yojee's flagship MOSAIC platform and support strategic growth initiatives. The successful raise not only bolsters the company’s financial runway but also signals strong market confidence in Yojee’s vision for transforming freight logistics.
MOSAIC Platform Moves from Prototype to Live Testing
The quarter marked a pivotal milestone with the MOSAIC platform entering its customer beta phase in Australia. This transition from internal development to real-world operational testing involves collaboration with foundational freight forwarding and customs broker partners. The beta program is designed to validate workflows, gather user feedback, and ensure platform stability under live conditions. These insights will be critical in refining the user experience and preparing MOSAIC for a broader commercial launch anticipated in 2026.
Strategic Partnerships and Industry Expertise
Yojee has strengthened its leadership and market positioning by appointing Scott McCorquodale, a respected air cargo industry expert, as a consultant. His expertise is expected to accelerate the MOSAIC platform’s development and market rollout. Meanwhile, the company extended its contract with Röhlig Logistics beyond Singapore to cover Australia, New Zealand, and Southeast Asia, underscoring the platform’s scalability and appeal. Additionally, Fracht Australia, part of a global freight forwarding group, joined as a new customer, expanding Yojee’s footprint in the Australian logistics market.
Financial Discipline Amid Growth Investments
Yojee reported cash receipts of $231,000 for the quarter, reflecting ongoing support from its existing Transport Carrier Management System (TCMS) clients. Operating cash outflows stood at $793,000, driven by strategic investments in technology development, team expansion, and partnership cultivation necessary for the MOSAIC beta launch. The company also invested $522,000 in capitalising development costs for MOSAIC intellectual property. Despite these outflows, Yojee closed the quarter with a strong cash position of $7.21 million and no debt, providing a solid foundation for future growth.
Looking Ahead
CEO Mark Connell highlighted the transformational nature of this period, emphasizing the importance of the beta program in shaping MOSAIC’s commercial readiness. With a fortified balance sheet and enhanced industry expertise, Yojee is well-positioned to execute its roadmap, expand its customer base, and deliver a modern, integrated logistics platform that addresses the complexities of global freight forwarding.
Bottom Line?
Yojee’s successful capital raise and MOSAIC beta launch set the stage for a critical growth phase, but market adoption and commercial traction remain key watchpoints.
Questions in the middle?
- How will feedback from the MOSAIC beta program influence the final commercial product?
- What is the timeline and scale for transitioning beta users to full commercial contracts?
- How will Yojee sustain growth and manage cash flow as it expands across multiple regions?
