A local farmer, the Clean Energy Finance Corporation and the founder of an Australian technology unicorn have chipped in $16 million to a new venture capital fund focussed on agrifood tech.
West Perth-based Talga Resources is seeking to raise $6.25 million through a share placement and purchase plan, primarily to fund the development of its graphite project in Sweden.
Biotech company Phylogica announced it had increased its shareholding in Vision Pharma to 90 per cent, following a $15 million investment using funds it had raised through a recent rights issue.
Pawsey Supercomputing Centre has announced a tender as part of a $70 million new supercomputing system to replace its existing Magnus and Galaxy supercomputers.
West Perth-based Sky and Space Global has revised its previously announced plans for a $15 million capital raising, with the funds to be raised through a placement and rights issue at 0.5 cents per share.
A focus on safety and efficiency has helped Tensa Equipment spin-off Roborigger win an unprecedented three of four sponsored platinum awards at this year’s Innovator of the Year ceremony, including the Business News ‘Great for the State’ award.
There are numerous words Steadyrack marketing manager Jeff Russell could use to describe the success of his company, so it’s curious that he opts to call it an ‘accident’.
The widespread use of herbicides such as glyphosate to control weeds in cropping systems has proved to be comparatively cheap and effective over many years, and the only practical solution for WA farmers.
Mining & Process Solutions has won the top prize at this year’s Innovator of the Year awards, with an environmentally friendly, cost-efficient new process for the mining industry.
NEC Australia has been contracted to deliver ICT services to the WA Police Force and the state's major hospitals, with the two agreements collectively worth up to $97 million over seven years.
Two researchers based at the Harry Perkins Institute of Medical Research will join the Centre of Excellence in Synthetic Biology as part of a $35 million investment courtesy of the Australian Research Council.
Subiaco-based Pointerra has announced commitments to raise $2.5 million through a share placement, primarily to fund the recruitment of further employees and technical resources.
A trailblazer in the field of Alzheimer’s research will investigate preventative treatment for the disease on the back of $3.1 million in funding from the federal government.
Perth-based IT consulting firm Velrada has established a technology incubator that will invest $10 million over three years to commercialise new products and software solutions.
Victoria-based online mediation and arbitration service Immediation will officially launch in Western Australia on November 20, on the back of $1.8 million partially raised from local investors.
Biotech company Phylogica has announced plans to raise $26.8 million through a rights issue, fully underwritten by chairman and major shareholder Alan Tribe, with the proceeds used primarily to fund preclinicial studies for its leading drug molecule.