Tag: funding

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CSIRO

CSIRO delivers nanotech suit prototype

A protective suit made of ground-breaking nanofibre technology has been developed by the national science agency to shield Australian troops from chemical and biological threats. The prototype suit, which...

SQC, Deloitte among inaugural ASCA pitch winners

Posted on   |  by Brandon How
Silicon Quantum Computing and Deloitte Space are among the five winners of the Advanced Strategic Capabilities Accelerator’s inaugural pitch day and will now go in the running for a...

Growing calls for Defence to seed a dual-use tech fund

Posted on   |  by Joseph Brookes
Australian and US Defence departments must forge closer innovation ties to counter China’s technology growth, including jointly backing dual-use breakthroughs with a new venture capital fund, according to a...

SafetyCulture banks another $75m as valuation takes a hit

Posted on   |  by Brandon How
Workplace software unicorn SafetyCulture secured $75 million in new capital through its latest funding round, which has valued the Sydney-based company at $200 million less than last year. SafetyCulture...

$2 million funding boost for local game developers

Posted on   |  by Brandon How
Screen Australia has announced support for the development of 39 video games through a fresh $2 million injection into independent projects, a funding package that includes support for games...

Canva buys local GenAI startup Leonardo.AI

Posted on   |  by Brandon How
Leonardo.AI, the Australian developer of a rapidly growing generative AI art platform, will be acquired by graphic design giant Canva for an undisclosed sum. Although only launched in December 2022,...

Biosecurity startup ExoFlare raises $5.3m

Posted on   |  by Brandon How
Biosecurity startup ExoFlare has closed a $5.3 million capital raise to develop its online platform for tracking threats in the agriculture and food supply chain. The seed raise was...

Public sector R&D spend still flatlining: ABS

Posted on   |  by Brandon How
There was no movement on the amount spent on research and development activity inside government organisations in the first year of the Albanese government when measured as a proportion...

Sydney slips in global Startup Genome rankings

Posted on   |  by Denham Sadler
Global funding and large exits for startups fell off a cliff last year with a decline of nearly 50 per cent, but there are some signs of stabilisation and...