Purpose Ventures, a new fund to invest in Western Australian startups, has raised at least $37 million, including a $10 million foundation investment from a major local entrepreneur.
Two Perth engineering executives have purchased a Centrelink building in Victoria Park for $8.75 million, the first sale for the property since its construction 30 years ago.
Hastings Technology Metals has secured a letter of support for up to $100 million in government funding to develop its proposed Yangibana rare earths project.
Andrew Forrest's Wyloo Metals has lobbed a $760 million cash takeover for restarting nickel player Mincor Resources, using the target’s ailing share price in a bid to sway investors.
Mark Zeptner-led goldminer Ramelius Resources is continuing an acquisitive streak by launching a friendly scrip takeover for Eastern Goldfields explorer Breaker Resources.
Kwinana-based welding and fabrication business Taylors Engineering WA has been sold to South Australian engineering firm Ahrens, with the buyer looking to bolster its presence in the state.
Robotic technology company FBR has penned a $9.14 million shareholder deal to fund the manufacture and distribution of bricklaying robots to the US market.
Gina Rinehart’s Hancock Prospecting has backed Catalyst Metal’s $22 million placement to accelerate exploration activities in the Plutonic-Marymia gold belt, subject to an acquisition.
Swan Valley gin maker Old Young's Distillery reached its $2.7 million crowdfunding goal in less than a day as it seeks to expand its physical and online presence.
Office space provider International Workplace Group has struck an agreement for its flexible workspace in Nedlands following increased demand for hybrid working solutions in the area.
Minerals Resources has told Norwest Energy investors they won’t receive an improved offer for their shares and dangled a veiled threat to delist the company in a bid to gain further control of its Perth Basin partner.
Malaysian conglomerate Sime Darby Berhad has bought national equipment hire agency Onsite Rental for $635 million to diversify its presence in the Australian market.
