Tag: funding

Cheesecake bridges: Why govt tech funding needs a rethink

Posted on   |  by Joseph Brookes
Around one in every 10 dollars spent by the Commonwealth goes to technology. The massive commitment is justified, senior bureaucrats overseeing projects like digital identity say, but how the...

Cow-free milk company brews up $25m

Posted on   |  by Joseph Brookes
A company that produces dairy free milk has landed backing from the Victorian government and Main Sequence Ventures in a $25 million Series A round announced on Tuesday. Eden...

Husic unveils NRF board, taps clean energy veteran as chair

Posted on   |  by Brandon How
Former Clean Energy Finance Corporation director Martijn Wilder will chair the eight-member board of the Albanese government’s $15 billion National Reconstruction Fund. Industry and Science minister Ed Husic announced...

Origin Energy hydrogen hub grant grows by $29m

Posted on   |  by Brandon How
A grant agreement for the development of an Origin Energy-led green hydrogen hub in the Hunter Valley has been signed for around 70 per cent more than had been...

Satellite startup Fleet Space lands $50m Series C

Posted on   |  by Joseph Brookes
Adelaide nanosatellite startup Fleet Space Technologies is now worth $350 million after raising $50 million in an oversubscribed series C, the company announced on Wednesday. Fleet said it will...

CSIRO-backed hydrogen storage firm raises $7.5m

Posted on   |  by Brandon How
Modular hydrogen power bank producer Endua has raised $7.5 million, including from the state-owned Queensland Investment Corporation and returning investor Main Sequence Ventures. The Brisbane-based startup’s hydrogen power banks...

WA Budget boost for innovation, digital health

Posted on   |  by Brandon How
Western Australia’s innovation fund and digital health programs have seen a significant boost in the state government’s 2023 Budget as annual economic growth hits a nine-year high. The New...