Tag: funding

WA scaleups find ways to stay local while growing overseas

Posted on   |  by Brandon How
Despite the relatively small size of Western Australia’s tech market, many locally founded startups are choosing to scale their businesses from the state, as the local innovation ecosystem continues...

Foreign companies with Aust operations will be eligible for NRF

Posted on   |  by Brandon How
Foreign companies will be eligible for investments, loans and guarantees through the National Reconstruction Fund, Industry and Science minister Ed Husic has confirmed, following last week’s launch of the...

Tritium shuts Brisbane factory for US manufacturing pivot

Posted on   |  by Brandon How
Australian EV charging station maker Tritium will shut its Brisbane factory in favour of consolidating its manufacturing operations in the United States, as the firm chases profitability in 2024....

$3.6m awarded to defence industry SMEs

Posted on   |  by Brandon How
The latest $3.6 million round of defence industry grants has been split between 10 local firms, with South Australia-based firms receiving the largest collective amount. The largest individual grant...

Cheesecake bridges: Why govt tech funding needs a rethink

Posted on   |  by Joseph Brookes
Around one in every 10 dollars spent by the Commonwealth goes to technology. The massive commitment is justified, senior bureaucrats overseeing projects like digital identity say, but how the...

Cow-free milk company brews up $25m

Posted on   |  by Joseph Brookes
A company that produces dairy free milk has landed backing from the Victorian government and Main Sequence Ventures in a $25 million Series A round announced on Tuesday. Eden...

Husic unveils NRF board, taps clean energy veteran as chair

Posted on   |  by Brandon How
Former Clean Energy Finance Corporation director Martijn Wilder will chair the eight-member board of the Albanese government’s $15 billion National Reconstruction Fund. Industry and Science minister Ed Husic announced...