Displaying items by tag: Fund raising

The CSIRO founded deep tech investment fund Main Sequence has completed a capital raising of $250 milion for its second fund to help it continue its mission aimed at solving the world’s biggest problems in health, food, space, and industrial productivity, by turning science and research into breakthrough companies.

Published in Strategy

Western Australia-based IT services firm NEXION Group has begun the process of raising $8 million in an IPO, offering shares at 20 cents to Australian institutional, sophisticated and retail investors , valuing the company at a $22.3-million market capitalisation.

Published in Networking

Veteran free software and open source developer Michael Meeks has expanded on the issues faced by the LibreOffice project which were briefly touched on by iTWire recently, drawing from a post on the popular Linux Weekly News website.

Published in Open Source

NOT-FOR-PROFIT NEWS: Thousands of Australians have supported The Salvation Army’s opening call for donations to the annual Red Shield Appeal to leave no one in need.

Circles.Life, the telco that promises a “more likeable than hateable experience” - and which launched in the Australian market in August - has created a S$1 million fundraising page via GoGetFunding designed to “bail people out from mobile contracts worldwide and to give the telco freedom the customers deserve”.

Independent national charity, the Kids' Cancer Project, strives for every dollar raised to go directly to research. It turned to global analytics firm SAS to help maximise fundraising and minimising admin and overhead costs.

Published in Data

The Vocus Group has denied media speculation that it would be organising a fresh round of equity raising, saying it refinanced its debt facility in June last year.

Australian-listed call recording platform provider Dubber (ASX: DUB) has completed a $5 million capital raising and says the funds will be used to meet increasing demand for its services and to further develop the business.

Published in Listed Tech
Thursday, 04 October 2018 05:46

MGM Wireless borrows $2m to fund growth

Australian-listed technology firm MGM Wireless, which is known for its SPACETALK children's smartphone watch, has entered into a convertible note deed with clients of Australia's Gleneagles Securities to raise up to $2 million of debt funding.

Published in Deals
Wednesday, 26 September 2018 11:19

Xref completes $8m share placement

Australian-listed human resources technology company Xref has successfully completed a $8 million placement of shares to Australian institutional investors.

Published in Listed Tech
Wednesday, 26 September 2018 10:37

Motorola lends a hand to Victoria Police

Motorola Solutions has participated in fund raising events to help increase awareness of the risks faced by Victoria Police officers and to honour officers killed in the line of duty.

Published in Strategy

Australia's fourth largest telecommunications player TPG has achieved its targeted fund-raising announced a month ago, raising $320.2 million to help fund its planned new mobile network.

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