Investment update: Xefco
Breakthrough Victoria announces a $2.5 million Series A investment in Xefco, a Victorian startup whose Ausora technology dyes and finishes textiles without water, helping it scale manufacturing and create local jobs.
Company
Every investor coverage indicates participated in a round Institute for Frontier Materials (Deakin IFM) raised.
Companies Institute for Frontier Materials (Deakin IFM) 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 |
|---|---|---|
| Maria Forsyth | Deputy Director | RenewEconomy |
Stories naming Institute for Frontier Materials (Deakin IFM). Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Breakthrough Victoria announces a $2.5 million Series A investment in Xefco, a Victorian startup whose Ausora technology dyes and finishes textiles without water, helping it scale manufacturing and create local jobs.
Three unnamed subsidiaries of listed technology company PPK Group have received federal grants through Deakin University's renewable energy commercialisation hub, with market valuations noted for PPK and its Li-S subsidiary.
Conflux Technology and Deakin's materials institute have launched a nine-month alloy development project for 3D-printed heat exchangers, backed by a $138,000 IMCRC grant; the piece also recalls Conflux's $8.5 million Series A.
Also @AuManufacturing
Government money flows to battery manufacturing: RedEarth secures a Queensland fund investment, Calix joins a CRC Projects grant round, and ARENA commits funding to a pumped hydro scheme.
Calix leads a lithium-ion battery manufacturing project backed by a $3.5 million federal CRC-P grant, working with Boron Molecular and Deakin University; the article also recalls Calix's July ASX listing.
Also @AuManufacturing