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How FirstWave’s $2.66M Raise and AI Pivot Could Reshape Its Future

2:54pm on Friday 30th of January, 2026 AEDT Technology
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How FirstWave’s $2.66M Raise and AI Pivot Could Reshape Its Future

2:54pm on Friday 30th of January, 2026 AEDT
Key Points
  • Successful $2.66 million capital raise net of costs
  • Operational restructure costing $500K, delivering $450K quarterly savings
  • Pivot to AI-powered compliance management leveraging Open-AudIT
  • Key contract renewals with NASA, Claro DR, and Telmex with increased revenues
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