News
Clarity Aquatic’s wetlands treating Tassie sewage
Adelaide water-treatment firm Clarity Aquatic has installed a second floating wetland at a Tasmanian sewage plant, part of a pilot with utility TasWater covering three northeast sites.
Investor · 1 deal
Innovyz
Adelaide, SA
Disclosed deals
Every published round Innovyz took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Bygen | Accelerator | 4 Dec 2020 | - | Participant | Blackbird Ventures portfolio, @AuManufacturing |
Portfolio
Companies Innovyz has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Bygen | 4 Dec 2020, Accelerator | 1 | 0 |
Funds
Fund closes reported for Innovyz, as distinct from the investments it has made.
Portfolio companies acquired
Companies Innovyz has backed that another company then bought. An exit for the holding, not a deal Innovyz did.
People
| Name | Role | Sources |
|---|---|---|
| Brett Jackson | Executive Chairman | @AuManufacturing |
Coverage
Stories naming Innovyz. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Unnamed stage
$485k
X-Frame raises capital for circular economy timber construction
New Zealand timber construction startup X-Frame completed a first capital raise of $485,000, supported by Adelaide incubator Innovyz and Green Industries South Australia, with funds earmarked for product and platform development.
Key hire
Changes at the top of Titomic
Titomic's chairman Philip Vafiadis retires, founder Jeff Lang becomes interim executive chairman, and Dag Stromme and Humphrey Nolan join the board, with Vafiadis remaining as strategic advisor under a two-year agreement.
Funding announcement
In the black: startup pushing ahead commercialising waste-to-activated-carbon technology
Interview with activated-carbon startup Bygen, which converts farm waste and plastics into carbon products, covering its completed seed round, ongoing second raise and accelerator history.
Unnamed stage
~$350k
Activated carbon startup eyes commercial plant
Adelaide startup ByGen, which turns farm waste into activated carbon, plans a $1.5m raise for a commercial plant; the piece recalls its 2018 founding funding, a state grant, and incubator participation.
Funding announcement
K-tig relists on stock market after raising $7m
A welding technology developer has returned to the ASX through a backdoor listing, raising seven million dollars and reaching a market capitalisation near twenty-nine million, with two fund managers among backers.