Australia's Centuria Capital Group (CCG) has launched an AU$300 million (US$210.15m) equity raise to support its growth plans, including its AI cloud business ResetData.
In a filing made with the ASX today, June 22, the company revealed it is undertaking a fully underwritten equity raise structured with an institutional placement for AU$200m (US$140.1m), and a one-for-17 accelerated non-renounceable pro rata entitlement offer to raise AU$100 million (US$70.05m).
– Centuria Capital Group
The filing states that it will be used to "accelerate growth" across both ResetData - an Australian cloud provider of which CCG owns a large stake - and Centuria's real estate equity and credit funds management platform.
Having invested in ResetData in the summer of 2024, the two announced a joint venture in February 2025 to launch what it said would be Australia’s first public AI Factory (AI-F1) and AI marketplace, set to be powered by Nvidia H200 GPUs and launch in Q2 2025.
