Displaying items by tag: Funding

Arena's latest $40 million R&D funding round is intended to support projects that align with the agency's Solar 30 30 30 target of 30% module efficiency and 30 cents per installed watt at utility scale by 2030.

Melbourne-founded mobile payments company Mr Yum has raised $89 million in a Series A funding round led by investment firm Tiger Global.

A new research centre that focuses on next-generation artificial intelligence (AI) technology has been established at the University of Adelaide with $20 million in funding from the Australian Government.

Remote hiring company, Deel, announced it has raised $US 425 million in Series D funding taking its total amount raised to over $US 630 million and now valuing the company at $US 5.5 billion. It has become the highest-valued company in the global hiring, payments, and compliance space.

Communications and messaging platform provider LeapXpert has successfully closed its Series A funding round, raising a total of US$14.1 million to date.

Identity and fraud prevention platform provider FrankieOne has closed its $20 million Series A funding round, led by AirTree Ventures and Greycroft.

Ten ‘innovative’ manufacturers are sharing in more than $5.7 million in funding from the Federal Government to help commercialise their great ideas, to scale up their operations and bring their products to market.

The Australian Information Industry Association (AIIA) has welcomed the Western Australian Government’s establishment of a $500 million Digital Capability Fund to support investment in digital services.

Car loan platform CarClarity has raised $3 million in Series A funding from existing investors, with the new funding to be used by the Sydney based start-up to “pioneer” a new online car buying service that it claims reinvents traditional in-person car buying.

Billing itself as "crypto without the crazy", Cabital says "Cabital Earn is an innovative new investment opportunity that helps you earn sensible returns from crypto assets without unreasonable risks and costs", and the company has just secured new funding.

Payments platform for the hospitaity industry Ordermentum has announced a $6 million funding round led by existing chairman David Gordon, SEEK co-founder Matt Rockman and PURE Asset Management. 

Australian energy company and smart energy innovator carbonTRACK has secured a share of $25.1 million in innovation funding to accelerate the commercialisation of its energy management technology.

The Federal Government has announced the expansion of Australia’s fast charging network for battery electric vehicles (EVs) by providing funding for new chargers across metropolitan and regional Australia to drive uptake of electrtic vehicles (EVs) and support consumer choice. 

Australian-founded cloud-based software provider Skedulo has raised US$75 million in a series C capital raising round led by SoftBank Vision Fund 2.

Industrial cybersecurity company Claroty has secured $140 million in funding. Claroty plans to use the funding to develop its portfolio and expand into new verticals.

Volunteer group Australian Parents for Climate Action has urged the NSW Government to reject Snowy Hydro’s proposal to build a $600 million gas power plant in Kurri Kurri; and instead asks the NSW Government to support the manufacturing of solar panels in the Hunter Valley.

The Australian Renewable Energy Agency (ARENA) has allocated $11.3 million in funding to aluminium manfacturer Alcoa to demonstrate technology that can electrify the production of steam in its alumina refining process using renewable energy.

The Federal Government has announced $745,920 in new funding for Western Sydney University to establish the Cybersecurity Aid Centre to train and support small business with Cyber Incident Response.

Workplace safety solutions company SafetyCulture has completed a $99 million funding round led by global venture capital and private equity firm Insight Partners,

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.