Telecommunications provider Norwood Systems has announced it will deliver value-added mobile network services to New Zealand telco Spark, in what the company is positioning as the first step in a strategy to provide its own network to telecom service providers.
Biotech company Zelira Therapeutics has received commitments to raise around $4.6 million from a share placement, while rent.com.au is planning an underwritten $2.9 million rights issue.
Dunsborough-based Nauti-Craft has taken a notable step toward commercialising its marine suspension technology in global markets after signing an agreement with Yanmar Shipbuilding & Engineering Co.
BetterLabs Ventures, RAC’s early stage seed fund, has become WA’s largest venture capital fund with the announcement last night it had expanded to $23 million.
Edith Cowan University is aiming to capitalise on its existing cyber security expertise with the opening of a new $3 million security operations centre, the largest in the Southern Hemisphere.
East Perth-based startup Uno Group has announced a collaborative partnership with global research and analytics firm Nielsen, a major boost for a company that just two years ago worked its way through
Wearable tech company Nuheara has secured $2.5 million from a New York-based institutional fund manager to support the commercialisation of its recently-released hearing device.
Technology company Track’em has secured a 12-month contract with Downer, which will use its cloud-based software for operations on an LNG asset in Western Australia.
Tech company Elsight has received commitments to raise $2.9 million from a share placement to Hong Kong-based investors, with the proceeds being used to fast-track sales of its flagship communications platform.
WA-raised tech startup Humm has raised US$2.6 million (AU$3.7 million) from US-based investors, to further aid in the commercialisation of its wearable Edge headband technology.
Perth-based tech startup Ecocentric Energy completed a successful round of equity crowdfunding last week, exceeding its stated minimum target to raise $500,000.
Nuheara has announced a direct-to-consumer retail partnership with US-based pharmacy chain Walgreens, with its smart hearing products the only of its sort available from the retailer.
