Yojee raises $7.3M after launching MOSAIC, posts $8.2M FY26 loss
What's the deal? Australian logistics software firm YojeeDealroom has a profile for this one. Try Dealroom → raised approximately US$6.76M before costs through an oversubscribed placement and Share Purchase Plan. The company also reported a statutory net loss of US$5.31M for fiscal 2026 as it pushes to roll out its MOSAIC logistics platform.
The numbers: Revenue from contracts with customers fell 8.6% to US$341.3K, which Yojee attributed to the full-year impact of exiting non-core contracts. Total revenue and other income rose 35% to US$591K, helped by a US$139.8K R&D tax incentive and higher interest income.
Roughly US$3.46M of the net loss was non-cash, including US$2.59M in share-based payments and US$873.5K in one-off costs tied to the Smart YojeeDealroom has a profile for this one. Try Dealroom → joint venture. Operational cash outflow was US$2.07M.
Why now? The raise follows MOSAIC's commercial launch on July 8. The US$4.53M placement and US$2.23M Share Purchase Plan exceeded the initial US$5.82M target and topped up a balance sheet that closed June with US$2.2M cash and no debt.
What's the endgame? Yojee will use the proceeds to advance MOSAIC's development and rollout, expand business development with existing customers, and strengthen onboarding and support. The company invested US$1.88M in building MOSAIC, now carried as a US$2.52M intangible asset.
Traction: MOSAIC completed its Beta phase in February 2026, with the first commercial customer live in April. By August 20, Yojee had signed 12 customer agreements, ahead of its internal forecast, and filled all four Everest partner spots in its Founding Partner Program within six weeks. The company expects to book its first MOSAIC revenue in the December quarter.
The signal: Yojee is spending ahead of revenue, betting that early platform adoption converts into recurring per-job billing. With cash now replenished and its first MOSAIC income still a quarter away, the coming reporting periods will test whether that traction translates into sustainable sales.
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