Startup · $30m raised
Every investor coverage indicates participated in a round Boral raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Government | Grant | - |
| Morrison government | Grant | $30,000,000 |
| the federal government | Grant | $30,000,000 |
Companies Boral acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Mike Kane | Managing Director | @AuManufacturing |
| Darren Schulz | Chief Operating Officer | RenewEconomy |
| Catherine Brenner | Director | Startup Daily |
Stories naming Boral. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Calix has banked a $20 million raising from institutions, with a second offering for existing holders flagged, to push its cement, steel and lithium decarbonisation technologies toward market; partner Heirloom closed a US$150m round.
Perennial's analysis of exit conditions argues improving markets will lift M&A, IPO and secondary activity, surveying recent ASX deals, secondaries involving Canva, Employment Hero and Eucalyptus, and LP pressure for distributions.
Also Folklore Ventures·Women's Agenda·quadrantpe.com.au·Forbes Australia·Dealroom
Calix will build its Leilac-2 carbon-capture cement plant at Heidelberg Materials' Ennigerioh site in Germany after Hannover ended clinker production; the piece also notes Australian projects with Adbri, Boral and Pilbara Minerals.
Construction software startup Sitemate has secured $7.5 million in pre-Series A funding, led by Marbruck Investments with Blackbird and Artesian participating, and intends to double headcount during 2024.
A UK government scheme has advanced a lime decarbonisation project using Calix's technology, which passed due diligence under an industrial carbon capture funding program alongside partners Tarmac and Calix subsidiary Leilac.
Leilac has licensed its carbon-capture technology for cement making to Heidelberg Materials worldwide. Australian budget cuts have cancelled an $11m grant to Calix and a $30m grant to Boral tied to Calix's technology.
Calix received four government funding injections in one week: grants for low-emissions lime, lithium refining and carbon capture projects with Adbri, Pilbara Minerals and Boral, plus an R&D tax incentive refund, totalling $66.19 million.
The Australian government has granted cement maker Boral $30 million under its carbon capture program to assess Calix's emissions-capture technique, part of a wider pre-election round of grants.
Carbon risk analytics startup Emmi launched with an undisclosed investment from Catherine Brenner, Tim Samway and Patrick Sieb, who join its board, alongside super funds. Founders Michael Lebbon and Ben McNeil lead the venture.
Six Australian companies, including Santos and Boral, have received federal government grants from a $50 million carbon capture fund, each worth up to several million dollars, to develop capture, use and storage projects.
Sandon Capital's founder criticises Treasury's proposed proxy adviser reforms as protecting underperforming directors, and cites voting data arguing shareholder revolts are rare despite claims of an unruly advisory industry.
Coronavirus disruption forces BlueScope, Boral and Cochlear to revise outlooks, while Carbon Revolution raises $25 million, Titomic $19 million, and sanitiser and infant formula exporters report surging demand.
Also @AuManufacturing