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.
Australian startup Quasar has launched its world first Space Domain Awareness (SDA) capabilities, a fully digital multibeam satellite ground stations.
US and Australian venture capital climate and sustainability heavyweights have led a $US28 million Series B funding round for deep-tech mining company Plotlogic.
Australian software development start-up JDoodle has received $3.2 million in funding, with the contributions being led by Main Sequence.
Australian clean energy company Endua has unveiled the first of its purpose-built standalone hydrogen power banks which it says are designed to close the gap in microgrid applications, where the need for reliable power means reliance on emissions-heavy energy production such as diesel generators.
Australian clean energy company, Endua, has secured $11.8 million in funding as it prepares to scale new hydrogen generation and storage technologies that can deliver affordable and reliable renewable energy to power communities, remote industries and off-grid infrastructure.
Australian open source intelligence software company Fivecast has closed its Series A funding round with almost $30 million (US$20 million) raised to fuel its expansion and service contracts in key markets, including Five Eyes nations, amid a significant rise in the need for data and risk analytics among governments and corporations.
An Australian semiconductor technology start-up claims it has created technology that can bring mmWave 5G performance to the point where it can be widely deployed at a reasonable cost.
A partner of a venture capital firm set up by the CSIRO to help build deep tech start-ups says one of the main factors that is holding Australia back from building up a semiconductor sector is visa and travel restrictions.
Quantum cybersecurity specialist QuintessenceLabs has raised $25 million in its Series B round led by Main Sequence and Telus Ventures, with participation from InterValley Ventures and Capital Property Group.
Canberra-based AI compliance software specialist Castlepoint Systems has successfully completed its $3 million series A funding round.
The CSIRO founded deep tech investment fund Main Sequence has completed a capital raising of $250 milion for its second fund to help it continue its mission aimed at solving the world’s biggest problems in health, food, space, and industrial productivity, by turning science and research into breakthrough companies.
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