Australian sustainable manufacturing technology company Xefco has raised $10.5 million in its seed extension funding round to support the scaling of its plug in to play model, which is claimed to be able to reduce textile emissions and ensure a credible greener supply chain in the fashion industry.
Vehicle subscription rideshare company Splend has secured $20 million of funding from the Clean Energy Finance Corporaion (CEFC) to fast track their transition to green mobility.
Australia-based fabless semiconductor company Morse Micro has raised $140 million in Series B funding.
Australia exceeded its generation of renewable energy in 2020 by 11% compared to the previous year, according to figures from the Clean Energy Regulator.
Melbourne-based tech energy company GreenSynce has raised $11.5 million in a Series B funding round led by the Australian Government-owned Clean Energy Finance Corporation through the Clean Energy Innovation Fund, and Southern Cross Venture Partners through the Southern Cross Renewable Energy Fund.
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