Tag: Investment

CSIRO delivers nanotech suit prototype

Posted on   |  by Brandon How
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...

State backed VC investments start flowing in Qld

Posted on   |  by Brandon How
Mandalay Venture Partners is the first off the mark in delivering funding out of the Queensland government’s Venture Capital Development Fund, revealing deals with two local AgTech startups on...

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...

Additional accountability gets Teals onboard with FMiA

Posted on   |  by Brandon How
The Teal independents have backed the Future Made in Australia bill after the government adopted some of their proposed amendments to improve transparency and accountability for funding decisions. The...

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...

WA commits $30m to entice VC funds

Posted on   |  by Brandon How
The Western Australian government on Thursday announced it will invest $30 million into venture capital funds looking to set up in the state if they support local startups in...

Defence plans to phase out legacy IT by 2027

Posted on   |  by Brandon How
Defence will mostly phase out its legacy IT systems by 2027 under a new digital strategy that will also see the department adopt a cloud-only approach. The three-year strategy...

Net zero authority legislated despite Coalition resistance

Posted on   |  by Brandon How
Regional CleanTech and manufacturing investment will be coordinated through a single federal government agency after legislation to create the Net Zero Economy Authority passed the Senate. The bill passed...