Series B equity raise for aerospace engineering company

AMSL Innovations is an aeronautical engineering company that is developing an electric vertical take‑off and landing aircraft, proposing a new mode of safe, affordable and energy efficient transport for passengers.

With support from the St Baker Energy Innovation Fund, IP Group Australia, TelstraSuper and HostPlus in the Series B Round, AMSL will use the funding to propel the Company’s future growth and achieve important technical and commercial milestones.

The Piper Alderman deal team advised AMSL Innovations on the subscription documents and changes to the Company’s constituent documents. This required thoughtful negotiation to fairly balance the perspectives of existing and new shareholders contributing to the round and to align the efforts of all shareholders with the success of the Company.

Client feedback

The Founders of AMSL Innovations, Andrew Moore and Siobhan Lyndon said:

“Lis was recommended to us as an experienced adviser to growing companies.  We appreciated the support of the Piper Alderman team in providing clear and practical legal advice as we navigated this important funding round.”