Internet 2.0 announced that it has received AUD 0.5 million in an equity round of funding from new investor Hubify Limited (ASX:HFY) on April 27, 2021. The investor will take 4.2% stake in the company as part of the transaction. The investor will also have an option to purchase up to a further AUD 1 million worth of equity at the same value per share as the initial equity purchase based on achieving revenue targets.