Ledger.

Chief Executive, CSIRO

Dr Dr Larry Marshall

Coverage

Stories naming Dr Dr Larry Marshall. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Key hire

Grid Connections: Who’s going where in Australia’s energy transition

A rolling roundup of Australian energy-sector job moves, listing dozens of executives, directors and ministers joining or leaving utilities, regulators, developers and industry bodies between May and December 2023.

Funding announcement

High-tech twist on the rain dance sparks a shiitake storm

Profile of Cairns startup Rainstick, which uses artificial lightning to boost mushroom growth. It won $20,000 from Dream Ventures, has taken in $200,000, and joined CSIRO's ON Accelerate with nine other teams.

News

Methane-reducing seaweed additive now commercially available for beef producers

Asparagopsis seaweed feed supplement reaches commercial phase in Australia as CH4 Global records first feedlot sales. FutureFeed licenses CSIRO-discovered technology, with Sea Forest and SeaStock also taking orders from beef producers.

Unnamed stage $4m

CSIRO backs vegan 'milk' startup in $4 million project to brew fake dairy

Fermentation-based dairy startup Eden Brew launches with A$4 million from CSIRO, its venture fund Main Sequence, and dairy co-operative Norco, targeting its first animal-free milk product on shelves within 18 months.

Also SmartCompany·SmartCompany·SmartCompany·SmartCompany

15 deals

NSW Bouncing Back With R&D Commercialisation

NSW's second R&D Innovation Districts Challenge awarded $500,000 in seed grants to winners including Adiona, Arludo and Kleu Australia, while a closing profile introduces Hayley Saddington's medtech startup Peak Medical, now seeking strategic investors.

Unnamed stage $12m

Quasar launches phased array satellite ground station

Ground-station startup Quasar has launched alongside a $12 million raise from CSIRO, Main Sequence, a NSW government office and several Australian space and telecom firms, commercialising phased array technology that talks to many satellites simultaneously.

Also SmartCompany·SmartCompany

Fund close $250m

Fund 2 Announcement

Australia's Main Sequence has pulled in A$250 million for its second deep tech fund, with existing backers returning and a sharpened emphasis on decarbonisation investments.

Also TechCrunch Venture·TechCrunch Venture·SmartCompany·@AuManufacturing·Startup Daily·SmartCompany·TechCrunch Venture

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