Tag: Victoria

Victoria’s VC fund posts loss after grants drop off

Posted on   |  by Justin Hendry
The Victorian government’s $2 billion venture capital fund recorded its first loss since inception last financial year, despite adding more than $190 million in new investments to its portfolio....

Victoria invests $5m in local 3D printing firm

Posted on   |  by Justin Hendry
Breakthrough Victoria has invested $5 million in Conflux Technology, a Gelong-based startup 3D printing heat exchangers for the aerospace, defence and automotive industries. The investment, part of a wider...

‘Standard gauge’ for digital licences passes key road-test

Posted on   |  by Justin Hendry
Australia has edged closer to cross-border acceptance of digital driver’s licences after a prototype verification platform designed to bring common standards into effect was successfully road-tested with users. The...

Australia’s first hydrogen fuel cell R&D hub opens

Posted on   |  by Brandon How
Deakin University has opened Australia’s first dedicated hydrogen fuel cell research and development centre, giving researchers and industry access to prototyping and fabrication infrastructure. Opened on Tuesday, the Hycel...

Vic child protection agency ordered to block GenAI tools

Posted on   |  by Justin Hendry
Victoria’s privacy watchdog has ordered the state’s child protection agency to block access to generative AI tools on its network after a caseworker entered sensitive personal information into ChatGPT...

Victoria lures eight VCs for $300m startup push

Posted on   |  by Joseph Brookes
The Victorian government has pledged $2.4 million to venture capital firms to set up in the state and raise funding for local startups, setting up competition with Queensland’s venture...

SMEs secure $1.9m from Victorian manufacturing grants

Posted on   |  by Brandon How
Nine small to medium-sized manufacturers have secured $1.9 million in grants in the latest round of the Made in Victoria manufacturing growth program. The recipient businesses operate in a...

Vic courts’ tech project blows out by three years, $30m

Posted on   |  by Denham Sadler
 A large-scale digital transformation project within the Victorian courts is running three years late and is more than $30 million over budget, as it grapples with an increasing scope...

Victorian Govt moves to ‘Australian-first’ cyber sourcing deal

Posted on   |  by Denham Sadler
The Victorian government has launched an “Australian-first” state purchasing contract for cybersecurity goods and services which will “dramatically reduce” workloads for departments and save time and money. The new...