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Navy

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

Unnamed stage $5m

Beaten Zone Ventures Backs Arkeus in AU$5 million Raise to Supercharge Australia's Defence AI

Arkeus has raised an oversubscribed AU$5 million round joined by Beaten Zone Ventures, Main Sequence and Salus Ventures to scale its autonomous optics and AI surveillance technology for defence.

Also Beaten Zone Venture Partners portfolio·Startup Daily·SmartCompany·Forbes Australia

9 deals

Manufacturing news briefs — stories you might have missed

Roundup of manufacturing news: a naval ship delivery, a packaging firm's guidance downgrade, low carbon grants for nine Victorian manufacturers, a Queensland grant, an executive appointment, a truck safety launch, and a US distribution deal.

Also @AuManufacturing

News

BlueChilli winds up early-stage investment to focus on scale-ups and Asia

BlueChilli is pivoting away from early-stage programs toward scale-ups and Asia in 2020 after spending its $10 million venture fund, casting doubt over SheStarts and its proptech accelerator, with job losses expected among its roughly 50 staff.

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