Tag: startup

Gravitational energy startup banks $9m in Series A round

Posted on   |  by Brandon How
Gravitational energy storage technology startup Green Gravity has raised $9 million from local and international institutional investors through a Series A funding round. The Wollongong-based company plans to store...

Harrison.ai’s new model beats GenAI giants

Posted on   |  by Brandon How
Sydney-based Harrison.ai has launched a new AI model to help radiologists analyse and interpret their patients’ x-rays, proving twice as effective as major large language models. On Thursday, the...

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...

CSIRO’s free R&D program opens to critical minerals SMEs

Posted on   |  by Brandon How
The latest round of CSIRO’s free research and development support service is targeting small to medium-sized enterprises in the critical minerals sector. ‘Innovate to Grow’ is a 10-week program...

AMSL Aero lands first sale of electric aircraft

Posted on   |  by Brandon How
Sydney-based AMSL Aero has secured its first civil customer for its fully electric vertical take-off and landing aircraft, referred to as Vertiia. The aircraft manufacturer on Monday announced it...

WA scaleups find ways to stay local while growing overseas

Posted on   |  by Brandon How
Despite the relatively small size of Western Australia’s tech market, many locally founded startups are choosing to scale their businesses from the state, as the local innovation ecosystem continues...

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...