Decidr AI Industries announces $20m raise
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The news: ASX small cap Decidr AI Industries has closed a $20 million institutional placement to fast-track its international expansion strategy.
The numbers: A total of 22,222,223 new shares were issued at 90 cents, representing a 4.3% discount to the last close, but a 27.6% premium to the 30-day volume-weighted average price.
The stock was up 15.4% to $1.09 at 12:40pm AEST, having surged 97.3% over the last 12 months.
The context: The raise comes as Decidr continues to scale deployments of its agentic platform across Australia and the USA. Its AI infrastructure currently powers businesses such as CareerOne, eBev, Go1, ELMO, Edible Beauty, AIM, and Growth Faculty. Its platform enables clients to hand off complex business decisions and operations to autonomous systems.
The funding will see Decidr accelerate deployment of DecidrOS, its core agentic infrastructure. It will also support the company focus on international expansion, onboard clients and partners, and continue building the 'Agentic Graph', a proprietary data model that allows organisations to operate autonomously.
What they said: “This raise reflects the strong momentum Decidr is building through our global partnerships, growing customer base, and expanding agentic ecosystem,” said executive chairman David Brudenell.
“The support from institutional investors allows us to accelerate global growth and fast-track the creation of the Agentic Graph: the foundation of AI-native organisations. It’s a major step in delivering on our vision to power the Agentic Economy.”
The source: Decidr AI Industries media release
