TagSpace is a venture-backed mixed reality company developing a breakthrough system for spatial tagging, content creation, and real-time interaction. Their platform allows users to anchor audio, video, 3D animation, and HTML content in real-world environments — creating immersive, location-based mixed reality experiences.

The project pushes the boundaries of geospatial anchoring, motion tracking, and persistent cross-device content management. By enabling creators to design dynamic, real-world experiences without relying on external engines, TagSpace is generating new technical knowledge and paving the way for the future of mixed reality.

As an innovation-forward company, TagSpace was met with a mix of technical and financial hurdles when it first came to us. The team was tackling multiple technical uncertainties—from synchronising GPS with computer vision to stabilising augmented reality tags as users moved, managing asynchronous media loads, and enabling persistent interaction across multiple devices. 

Each step forward required creative problem-solving, but also rigorous R&D efforts to push the boundaries of what their platform could do.

But the technical challenges were only half the battle. On the financial side, TagSpace needed early access to cash flow to keep momentum, relying on R&D lending rather than waiting months for year-end refunds. 

At the same time, their back-office needs were becoming increasingly complex. They had been working with Deloitte Private, but as their operations grew, the cracks started to show. Long turnaround times, limited access to support, and an overall lack of hands-on partnership made the relationship feel cumbersome. 

What TagSpace needed was a nimble and responsive partner they could pick up the phone to, someone capable of not only solving their R&D funding challenges but also running a seamless financial back office that managed tax compliance, planning, bookkeeping and monthly investor reports with speed and precision.

MiracleMint became TagSpace’s hands-on, end-to-end partner by delivering:

R&D Loan Advance for Cash Flow Support
Coordinated with a lending partner to provide a $95,000 advance, covering 80% of their expected refund, to provide mid-year funding when liquidity was critical.

Seamless Transition From Deloitte
Migrated R&D claims, tax, and bookkeeping services from Deloitte Private, ensuring a smooth, founder-friendly handover.

R&D Claim Preparation
Prepared TagSpace’s FY25 claim, capturing $264,000 in eligible expenditure and securing a $115,000 offset.

Loan Repayment & Cash Flow Stability
Managed repayment of the $95,000 loan with the claim refund and left surplus funds to reinvest into further development.

Full Financial Backbone
Took over tax compliance, tax planning, bookkeeping, and monthly investor reporting, giving TagSpace’s leadership and investors complete visibility.

Within the first year of working with MiracleMint, TagSpace achieved:

$115,000 Tax Offset Secured
Maximised eligible expenditure through their FY25 R&D claim.

$95,000 R&D Loan Advance
Delivered mid-year to extend operational runway exactly when funding was needed.

Seamless Repayment
The tax offset cleared the loan in full, with additional funds reinvested into R&D.

Founder-Friendly Partnership
Found a nimble, responsive alternative to Deloitte, with a team they could easily call on for financial support and guidance whenever needed.

Long-Term Partner with Simplified Back Office
MiracleMint now runs all financial operations, including tax, bookkeeping, planning, and investor reporting, creating full transparency and alignment with venture capital stakeholders.

As the founder, Paul reflected:

“With MiracleMint, we unlocked funding when we needed it most — and gained a nimble, trusted partner to manage not just our R&D but our entire back office.”