Tag: Equity

NRF stake rockets Southern Launch raise to $25 million

Posted on   |  by Joseph Brookes
South Australian space port operator Southern Launch has closed a $25 million funding round after conducting Australian-first commercial launches and re-entries and providing tracking for the Artemis lunar mission....

FCC approves Verizon acquisition after changes to DEI policy

Posted on   |  by David Shepardson
The US Federal Communications Commission said on Friday it was approving Verizon Communications’ US$20 billion (A$31.2b) deal to acquire fibre-optic internet provider Frontier Communications after the company agreed to...

Landmark NRF startup deals within weeks

Posted on   |  by Joseph Brookes
The first investments from the Albanese government’s landmark $15 billion manufacturing fund will be revealed within weeks as part of series A or B raises of local startups. The National...

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...

No ‘measurable impact’: Female Founders grants grounded

Posted on   |  by Joseph Brookes
The federal government’s only program for female startup founders will not continue after internal analysis determined more than $35 million in direct grants and mentoring for almost one thousand...

Queensland reveals detail of equity stake in PsiQuantum

Posted on   |  by Joseph Brookes
The Queensland government’s $465 million investment in PsiQuantum includes a US$125 million (A$188 million) convertible note, offering the state a potentially valuable share in the US firm vying to...

Scrapping key STEM equity program could be good news

Posted on   |  by Maria Vieira
Last week, Science and Industry Minister Ed Husic announced with little fanfare that the position of Australia’s Women in STEM Ambassador would be discontinued, effective three days later. The...

Women in STEM ambassador program phased out

Posted on   |  by Brandon How
The federal government’s ambassador for gender equity in STEM is being wound up, with existing functions to be slotted into other programs. The Pathway to Diversity in STEM review,...