Every round, fund close and exit we can source, with the article it was reported in and what it actually said.
George Medicines, a George Institute spin-out developing combination blood pressure therapies, has appointed former CSL Behring chief medical officer Dr Charmaine Gittleson as an independent non-executive director as its drug GMRx2 enters Phase III trials.
Tidal Ventures profiles TheLoops co-founders Somya Kapoor and Ravi Bulusu, recalling the customer-support startup's second funding round, signed with Tidal as COVID hit in March 2020, and their advice on choosing investors.
Maternal health medtech Biorithm, spun out of a Singapore university, has joined the 2021 MedTech Innovator Asia Pacific accelerator cohort, gaining mentorship, investor exposure, and a chance at US$300,000 in prizes.
Trade software firm Tradiebot Industries has promoted Dr Nikola Rendevski to chief executive, while co-founder Mario Dimovski, previously in the top job, now concentrates on expanding the business across North America.
Drug developer George Medicines has added Dr Charmaine Gittleson to its board as an independent non-executive director, bringing pharma and CSL Behring leadership experience as its hypertension candidate GMRx2 advances through Phase III trials.
Sydney medtech Omniscient Neurotechnology, which applies machine learning to mapping brain networks, has reportedly raised a $40 million Series B valuing it at $400 million, with backers including Gina Rinehart, Gretel Packer, Kerr Neilson and Will Vicars.
OIF has upsized its second fund's target to $100m from $75m, with $50m committed at an August 2020 first close and $30m more banked by February 2021; $20m deployed across twelve startups so far.
Venture studio Dovetail, based in Sydney and Auckland, is raising a fund to back companies from its program; the piece recalls its Afterpay work and program alumni, plus a founder's earlier acquisition.
Weekly roundup reporting Butn's ASX listing, Cicada Innovations' renewed health-sector partnership, and fresh raises by Kāhu, FL0, Lyka, Sourse AI and Evos.
Perth-founded neurotech startup humm has opened a public beta of its brain-stimulation wearable designed to boost learning and memory, ahead of a full launch next year; it previously raised US$2.6 million.
Also Startup News (WA)
Skedulo, founded in Brisbane and now San Francisco-headquartered, has raised a Series C led by SoftBank Vision Fund 2 to scale its deskless workforce platform and expand internationally.
Also SmartCompany·@AuManufacturing·Startup Daily·SmartCompany·Startup Daily·Startup Daily
OIF Ventures' investment note setting out why it put AUD$1.3 million into Arcade, a gamified employee-engagement software startup co-founded by David Cherrie and James McLaren, aimed at deskless frontline staff.
Brandon Capital's site announces it led $14m for Amaroq Therapeutics, an Otago spinout developing RNA-based cancer treatments — the firm's first deal as a government-backed incubator. The piece also recalls Kea Therapeutics' shutdown.
Australia's federal government has granted a combined $36 million to five medical technology manufacturers under its Modern Manufacturing Initiative, with the industry minister highlighting Noumed's South Australian project and Avicena's COVID-19 testing products.
Brandon Capital led a NZ$14 million investment in Amaroq Therapeutics, a University of Otago spinout developing RNA cancer therapies, with three co-investors and a Callaghan Innovation repayable grant supporting the deal.
Singapore data firm Near hires Ed Lowther-Harris as Australia and New Zealand managing director and David Raitt as general manager; it has also recently acquired data intelligence specialist UM, formerly UberMedia.
University of Otago cancer RNA spinout Amaroq Therapeutics has raised NZ$14 million led by Brandon Capital with Otago Innovation, NZ Innovation Booster and Cure Kids Ventures to advance its lncRNA-targeting cancer therapies.
Also Brandon Capital portfolio·Brandon Capital portfolio·Brandon BioCatalyst portfolio·Brandon BioCatalyst portfolio·Brandon Capital portfolio
Generic medicines maker Noumed is setting up its first Australian production facility in Adelaide, supported by a $20 million federal government grant aimed at strengthening local pharmaceutical manufacturing.
Also @AuManufacturing
Hydrogen vehicle maker H2X, renamed H2X Global, claims fresh backing from Liberty Energy Capital and a significant raise, while its plans to build fuel cell vehicles in Australia remain uncertain.
Four Australian space manufacturers won federal grants nearing $14 million via the Modern Manufacturing Initiative, funding quantum sensing, rocket engines, titanium printing and fluid control products for domestic and export markets.
Virsec has hired former Palo Alto Networks executives Rob Nobilo and Ben Burt as its first Australia and New Zealand leaders, running sales and technical services as the security vendor expands in the region.
Family music publisher Alberts has launched a $16 million early-stage impact fund, Alberts Impact Ventures, which has already backed startups including Sendle, Muso and Amber Electric.
Pre-launch UK EdTech venture Entelechy Academy, founded by David CM Carter, has collected £575K from thirteen angels and is offering £3M for a 28% stake ahead of a planned 2022 launch.
Profile of anthropologist Dr Aliaa Remtilla, who founded StoryTiling, an app for recording and preserving family stories, and credits the venture firm Antler with connecting her to her two co-founders.
Brisbane EV charging startup EVOS, founded by three ex-Tritium staff, raised $1.7 million in seed funding from Autostrada and an unnamed ASX-listed firm to develop chargers and energy software and hire nine engineers.
Also SmartCompany·@AuManufacturing·Startup Daily·Startup Daily·SmartCompany·@AuManufacturing·@AuManufacturing·SmartCompany
Digital lender Alex has received a restricted authorised deposit-taking institution licence from APRA, letting customer deposits fund its lending. Founded in 2018, it has written over $8 million in personal loans.
Malaysian digital chronic disease management company Naluri Hidup closed a $5 million Series A, led by cornerstone investor Intergra Partners with corporate, venture and new investors including the Hibiscus Fund.
Victoria's government has announced eight Traditional Owner Corporations as recipients of grants from its $1.1 million renewable energy fund, covering Gunaikurnai, Wurundjeri, Yorta Yorta and other groups.
Resources minister Keith Pitt awarded A$21 million in grants to Imperial Oil and Gas, an Empire Energy subsidiary with Liberal Party ties, for Beetaloo Basin drilling, drawing criticism from climate groups.
Also RenewEconomy
SourseAI has raised $1.5 million led by Aligned Equity and Southern Cross Austereo to expand its machine learning platform helping executives make data-driven decisions, with SCA applying it to audience personalisation.
Also Startup Daily·Startup Daily·SmartCompany·Startup Daily·sourse.ai·radiotoday.com.au·globalawards.news
New Zealand skin-cancer AI startup Kāhu raised $3 million from Pioneer Capital and Precision Driven Health to develop its diagnostic technology, with a camera rollout to New Zealand doctors planned.
Obituary of the antivirus software entrepreneur who founded and later sold McAfee Associates, then lived a fugitive life marked by legal troubles, dying in a Spanish jail awaiting extradition.
Vet data startup VetDB has received a $478,000 federal Accelerating Commercialisation grant, following an earlier investment from MSD Animal Health, helping it commercialise its verifiable pet medical records platform globally.
Also Startup News (WA)
Shearwater Capital announces it has invested in Lyka Pet Food, noting the founder approached the firm directly through its website rather than through a warm introduction.
Also Afterwork Ventures portfolio·Defender AM portfolio·Defender AM portfolio·Shearwater Capital portfolio·SmartCompany·Business News Australia
Blackbird's investment note announces it led the seed round into FL0, whose low-code Dev Acceleration platform speeds up back-end engineering, and recounts founders Dale Brett and Rani Adam's earlier ventures Tapify and Willow.
ASX-listed Cirralto has agreed to buy Sydney fintech Invigo, planning to fold buy-now-pay-later and instalment payment options into its Spenda business payments platform, with completion expected in July 2021.
Five Australian spacetech firms won federal grants: EffusionTech, Romar Engineering, Titomic and Q-CTRL under the Modern Manufacturing Initiative, and Valiant Space for a Moon to Mars thruster feasibility study.
Also @AuManufacturing·@AuManufacturing·SmartCompany·SmartCompany·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing
Weekly roundup reporting Gilmour Space's raise, several startup funding rounds, KKR's Education Perfect deal, ASX listings, new funds from Accel and the Albert family, and global tech listings and acquisitions.
Also Forbes Australia
Manufacturing briefs: Fleet Space's satellite is orbiting, First Graphene wants industry partners, Micro-X wins a $400,000 government grant, Wellnex completes two acquisitions before relisting, Forbidden Foods enters Chinese e-commerce, Monash opens a blockchain hackathon.
Also @AuManufacturing
Newcastle-based workforce management software firm Pegasus has agreed to be acquired by Utah supply chain risk vendor Avetta, becoming its Australian base; Accel-KKR had earlier invested in Pegasus.
Also SmartCompany
Lender SocietyOne has rolled out a digital broker portal and appointed several broker-channel executives, including a new chief commercial officer and business development managers, as it chases growth into FY22.
Melbourne point-of-care diagnostics maker Lumos Diagnostics debuts on the ASX after a $63 million IPO, backed by institutional funds and existing investors Australian Unity, Perennial, Soul Pattinson and Ellerston.
Wholesale Investor profiles KPI-AI, an AI company whose autonomous trading platform, built on strategies used to advise major global banks, is seeking an investor to accelerate development and grow revenue.
An op-ed by Kanopi's CEO arguing insurtech is attracting investor interest, pointing to Honey's roughly $15 million seed round, a national record, and data-driven innovation through open banking.
A page hosting Thorney Technologies' July 2021 capital raise presentation. No raise amount, investors, or deal details appear; only the ASX-listed tech investor's briefing is announced.
Interview with Tobias Schoep, founder of Grow Impact, a SaaS platform helping researchers communicate progress to stakeholders. He recalls completing the Plus Eight Accelerator, compares research to startup life, and discusses global expansion plans.
OneVentures provided debt financing to Hivery, marking the firm's tenth credit deal, in a brief post pointing readers to the Financial Review's fuller coverage.