Tag: funding

OAIC slashes staff to meet $11m budget crunch

Posted on   |  by Joseph Brookes
The privacy and information watchdog has slashed dozens of staff in response to a 23 per cent budget cut by government and a review by management consultants, sparking fears...

$68m in ARC Linkage grants flow to researchers

Posted on   |  by Brandon How
The Australian Research Council has awarded $68.1 million in the latest annual round of the Linkage Program to 92 new research projects. ARC acting chief executive Richard Johnson this...

RDTI growth outpaced Industry dept projections by $860m

Posted on   |  by Brandon How
The value of Australia’s research and development tax incentive exceeded Industry department estimates by almost $860 million last financial year as companies flocked to the scheme for relief amid...

CSIRO delivers nanotech suit prototype

Posted on   |  by Brandon How
A protective suit made of ground-breaking nanofibre technology has been developed by the national science agency to shield Australian troops from chemical and biological threats. The prototype suit, which...

SQC, Deloitte among inaugural ASCA pitch winners

Posted on   |  by Brandon How
Silicon Quantum Computing and Deloitte Space are among the five winners of the Advanced Strategic Capabilities Accelerator’s inaugural pitch day and will now go in the running for a...

Growing calls for Defence to seed a dual-use tech fund

Posted on   |  by Joseph Brookes
Australian and US Defence departments must forge closer innovation ties to counter China’s technology growth, including jointly backing dual-use breakthroughs with a new venture capital fund, according to a...

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...

$2 million funding boost for local game developers

Posted on   |  by Brandon How
Screen Australia has announced support for the development of 39 video games through a fresh $2 million injection into independent projects, a funding package that includes support for games...

Canva buys local GenAI startup Leonardo.AI

Posted on   |  by Brandon How
Leonardo.AI, the Australian developer of a rapidly growing generative AI art platform, will be acquired by graphic design giant Canva for an undisclosed sum. Although only launched in December 2022,...