Government · 1 deal
Canberra, ACT
Every published round Modernisation Manufacturing Fund 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 |
|---|---|---|---|---|---|---|
| Tindo | Grant | 9 May 2022 | $1m | Participant | RenewEconomy (Mon 9 May 2022), RenewEconomy (Mon 6 Sep 2021) |
Companies Modernisation Manufacturing Fund has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Tindo | 9 May 2022, Grant | 1 | 0 |
Fund closes reported for Modernisation Manufacturing Fund, as distinct from the investments it has made.
Companies Modernisation Manufacturing Fund has backed that another company then bought. An exit for the holding, not a deal Modernisation Manufacturing Fund did.
Stories naming Modernisation Manufacturing Fund. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Brisbane hydration-wearable startup WearOptimo has secured $8m from Aspen Medical, ex-F1 driver Mark Webber and Adam MacDougall, and unveiled its new sensor manufacturing facility, supported by a federal grant of nearly $1m.
Manufacturing roundup covering Hexagon's blue hydrogen plans, Tritium appointing a new COO, a Fortescue-Airbus green hydrogen alliance, and Calix gaining registration for its crop protection product.
Manufacturing briefs: Fleet Space's satellite is orbiting, First Graphene wants industry partners, Micro-X wins a $400,000 government grant, Wellnex completes two acquisitions before relisting, Forbidden Foods enters Chinese e-commerce, Monash opens a blockchain hackathon.
Also @AuManufacturing
News roundup: Das Studio to design Adelaide's Line Zero factory project, Adbri's Mawsons JV buys Milbrae, VEEM wins a modernisation grant, and Lithium Australia secures a European patent.
Calix received a $1 million federal grant for its Bacchus Marsh biotech operations, while CSL is dedicating floors of its new Melbourne headquarters to a biotechnology incubator with university and research institute partners.