DroneShield announces appointment of CFO, Carla Balanco
DroneShield has promoted Carla Balanco from Financial Controller to Chief Financial Officer, with chairman Peter James welcoming her to the leadership team alongside the CEO, CTO and COO.
Every round, fund close and exit we can source, with the article it was reported in and what it actually said.
DroneShield has promoted Carla Balanco from Financial Controller to Chief Financial Officer, with chairman Peter James welcoming her to the leadership team alongside the CEO, CTO and COO.
Perth-founded ticketing firm Ticketbooth and its sister companies Token RFID and Audiencetools have been bought by US event technology company Patron Technology, its ninth acquisition in two years.
Culture Amp launches Foresight Engine, an AI tool predicting employee performance and retention, built on data and its recent acquisition of Zugata, with InVision as a development partner.
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Canada's BRP has finished buying 80 percent of Queensland boat and trailer maker Telwater, announced at the Sydney boat show, marking BRP's first investment outside North America.
Jobs platform Work180 raised $2.2 million led by Skip Capital, with Giant Leap and Investible among new backers; co-founder Gemma Lloyd raised while pregnant, with funds earmarked for US expansion and hiring.
QUE Oncology expands its Phase II trial of Q-122, a therapy for hot flushes in breast cancer patients on endocrine therapy, to New Zealand sites, with trials also running in Australia and the United States.
Federation Asset Management has announced it is launching a new capital raising open to institutional investors. No amount, target or committed capital is stated, so this is an intention only.
Gas utility Jemena buys NSW's first electrolyser for a Western Sydney green gas trial, backed by a $7.5 million ARENA grant, while summit speakers discuss hydrogen's domestic and export potential.
Gas distributor Jemena has bought New South Wales' first hydrogen electrolyser, built by Hydrogenics, for a five-year trial blending hydrogen into the gas network in Sydney, backed by renewable agency funding.
Melbourne challenger bank Judo raised a record A$400 million Series A, drawing new offshore backers Bain Capital Credit and Tikehau Capital, and aims to lend $1 billion to small businesses by Christmas.
Payright secures debt and equity financing led by Henslow with Escala Partners, following an earlier round months prior, as the payments firm reports strong revenue and customer growth and eyes New Zealand expansion.
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A North Sydney water filtration firm is hiring full-time and part-time staff as it grows overseas, supported by a state government grant, with pilot projects in Australia, the United States and China.
Melbourne instalment payments firm Payright secured an oversubscribed Series D combining debt and equity, led by Henslow with Escala Partners, to fund expansion, new markets and technology as it eyes New Zealand.
Payments company Sezzle has begun trading on the ASX after completing an oversubscribed initial public offering that raised A$43.6 million, with funds earmarked for growth, product development and merchant expansion.
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Small-business focused challenger bank Judo Bank has banked a $400 million round from new and returning institutional backers, reportedly the largest single raise by an Australian startup, double its original target.
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Biotech company QUE Oncology adds two experienced pharmaceutical executives, Julie Cherrington and Elizabeth Cermak, to its board as it develops a non-hormonal breast cancer therapy.
Clinical-stage biotech QUE Oncology adds two experienced life science executives, Julie Cherrington and Elizabeth Cermak, to its board, while continuing trials of its non-hormonal therapy for breast cancer hot flashes.
Blockchain supply-chain startup Lumachain has raised $3.5 million in a round led by Main Sequence Ventures, with founder Jamila Gordon discussing the company's origins and her personal story.
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GBST's board has signed a takeover agreement with FNZ at $3.85 a share, valuing the fintech near $270 million, amid competing interest from SS&C Technologies and an earlier approach by Bravura Solutions.
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A Perth orthopaedic device startup secured $1.15 million from private local backers for its removable expandable screw, and separately received a $20,000 state government innovation voucher.
Techstars is launching a sportstech accelerator in Melbourne with LaunchVic, Tennis Australia and Victoria University, based at Melbourne Park, taking ten startups annually from 2020, with applications opening in September.
An opinion piece outlines three trends shaping Australian technology, citing Canva's and Airwallex's recent large raises and unicorn valuations, plus record national venture funding, while urging tech-led, customer-focused leadership.
Former Holden chief Mark Bernhard takes a non-executive director seat at Geelong wheel maker Carbon Revolution, which recently completed a $73.4 million convertible note raising ahead of a planned ASX listing.
Skedulo's press page points readers to a Disruptor Daily interview in which chief executive Matt Fairhurst discusses coming changes in United States healthcare, including clinician shortages and patient expectations.
Three Australian startup hubs received federal Incubator Support program grants: Melt Accelerator, Canobolas Ventures and CyRise, supporting incubators focused on international trade.
Sydney AI e-commerce startup Particular Audience secured a $1.8 million seed round led by Carthona Capital, delayed until founder James Taylor obtained an entrepreneur visa; the company also hired a new chief technology officer.
Microsoft commits a billion US dollars to OpenAI alongside a multi-year partnership to build AI super-computing on Azure, with OpenAI shifting services to the cloud platform.
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PolyActiva finished enrolling patients in its Phase I glaucoma implant trial and closed a AU$10 million raise from existing backers including the MRCF and Yuuwa Capital to fund further clinical studies.
Morgan Stanley has begun approaching investors for an equity raising at newly licensed digital bank 86 400, which is seeking fresh capital to fund its first three years of operation.
Irish grocery delivery firm Buymie closed a €1.6 million round led by Haatch Ventures with HBAN and BVP Investments, while former Unilever Ventures co-founder Jan Harley joined its board.
Agritech firm FluroSat raised $3.2 million in a round led by M12; the piece also recalls its 2017 seed round, its purchase of ProductionWise, and a joint research grant.
Startmate unveils the ten startups joining its Melbourne accelerator, covering femtech, esports and retail tech, after securing government funding through LaunchVic, with profiles of Ovira and Flaktest among the intake.
Investec's Australian arm led a first-ever capital raise for Sydney retail-data startup Fusion Factory, whose Comestri platform unifies commerce data, with funds earmarked for expansion across Europe, the UK, US and Asia.
Melbourne urban-analytics startup Neighbourlytics has raised seed funding led by Carol Schwartz's Trawalla Group, with Scale Investors and Artesian also participating, to develop its product and shift toward a subscription model.
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Profile of Advanced Circular Polymers, whose new Somerton plant sorts and washes waste plastics into flakes for manufacturers, supported by a Victorian government grant, as brands seek recycled content.
IoT lighting maker Vivid Technology appointed SV Partners as voluntary administrators after failing to find long-term funding, having earlier received over $1.2 million in interim funding from investors.
Canberra-founded software firm Intelledox has been bought by customer communications company Smart Communications, with the price not disclosed and effects on the Australian team still unclear.
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A Victorian recycler has opened a new sorting plant near Melbourne, backed by a state government grant, adding jobs and expanding into metals and plastics.
Ten Accelerating Commercialisation grants worth a combined $3.7 million have been announced across five states and territories, with the industry minister saying the funding will help businesses develop products and reach global markets.
Singapore data firm Near raised a $143 million Series D from Greater Pacific Capital, partly to grow its Australian operations, a week after German SaaS firm Signavio raised $254 million with similar plans.
A Toowoomba livestock technology firm received a federal grant it matched with its own funds, following a crowdfunding raise, a tripled valuation and two competitor acquisitions.
Profile of cleaning marketplace Jarvis, recalling its seed round and promoting a preference-share offer now in progress to fund expansion across Australian cities.
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Insurer IAG has bought a majority stake in car subscription platform Carbar, aiming to understand mobility trends and offer new value to customers.
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SmartCompany reports Carbar has raised $16.8 million, with insurer IAG taking a majority stake and joining the round, while recalling an earlier $5.75 million raise from August 2018.
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Adelaide startup Ping Services closed a seed round and earlier received government funding for its turbine-listening device, with a new version launching soon.
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ASX-listed medical device maker AirXpanders is winding down, cutting staff to about eight, halting product sales and support, and expecting a US Chapter 7 bankruptcy filing by late July 2019.
An agtech accelerator will showcase its newest startup cohort at an upcoming Sydney demo day, while also recapping earlier graduates' funding rounds and commercial deals.
A Perth medical device company emerging from Curtin University and a Subiaco hospital has raised private funding to develop its expandable surgical screw, with three new board members also announced.
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Sydney legal-fee financing firm Quickfee joined the ASX after a $13.5 million IPO, with its shares jumping 150 per cent on debut as it looks to grow in Australia and the US.
Profile of Dean Foley, who served in the air force before founding Barayamal, an accelerator for Indigenous entrepreneurs, with LaunchVic backing a Victorian expansion.