Ledger.

Startup · $3.2m raised

University of South Australia

Adelaide, SA

Coverage

Stories naming University of South Australia. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

8 deals

Federal government slips $12.7 million to 8 quantum projects tackling energy, minerals and health

Eight university- and company-led Australian quantum projects share $12.7 million in stage-two Critical Technologies Challenge Program grants, funding prototypes for data-centre cooling, medical imaging and rare-earth detection.

11 deals

Seven ANZ startups that raised $93.1 million this week

Roundup of seven trans-Tasman raises worth $93.1m this week, headlined by IND Technology's $50m round, with LawVu also acquiring ClauseBase.

Also Startup Daily·Startup Daily

Series A $6m

Ferronova raises another $6 million to advance image-guided cancer surgery

Adelaide medtech Ferronova has banked another $6 million from returning backers to advance its surgical tracer for cancer, lifting Series A funding to $17.5 million; backer parent UltraGreen.ai floated in Singapore this month.

Also movefm.com.au

Funding announcement

Here are the 11 deep tech startups to emerge from CSIRO's ON Accelerate

CSIRO's ON Accelerate program presents its ninth intake of eleven research startups, drawn from universities nationwide and the agency itself, spanning biotech, healthcare and sustainability, at a Melbourne showcase.

News

South Australian Space Startup Paladin Space Takes Aim at Orbit’s Biggest Challenge: Debris

A profile of South Australian firm Paladin Space, which has revealed Triton, a device that captures several pieces of space junk per mission, noting its UniSA accelerator background and coming demonstration milestones.

Unnamed stage

Manufacturing news briefs — stories you might have missed

Manufacturing roundup: Monash shares 3D-printing guidelines for blind students; MGA Thermal gains syndicate investment atop ARENA funding; UniSA touts a natural obesity treatment; Sparc Technologies signs an MoU with CLP Group.

Also Startup Daily·mgathermal.com·Startup Daily

21 deals

Q-CRTL scores $2.3 million in $60m federal government plan to back quantum in defence

Defence grants totalling over $60 million went to 21 Australian organisations, with quantum software firm Q-CTRL among the recipients of contracts under a federal emerging technologies program.

21 deals

$60m in defence quantum technology grants announced

Canberra is funding 21 quantum and counter-disinformation defence projects, awarding $60 million in grants through ASCA's Emerging and Disruptive Technologies programme to universities and companies nationwide.

Also Startup Daily·Startup Daily·Startup Daily·@AuManufacturing

News

iLAuNCH backs green innovation in epoxy resins for composites

Adelaide resin maker Change Climate is partnering with three universities in the iLAuNCH Trailblazer program to test whether its bio-based epoxy can survive space conditions for aerospace composites.

Seed $1m

Energy retailer behind shared renewables collective collapses amid fresh market turmoil

RenewEconomy reports renewables retailer Maximum Energy, trading as Circular Energy, was suspended and wound up, its customers moved to big-three retailers; it also recalls earlier retailer collapses and Oxamii's seed backing.

17 deals

Manufacturing news briefs – stories you might have missed

Manufacturing sector roundup: Whyalla steelworks resumes production, Maggie Beer Holdings' chief executive to depart, ReNu Energy secures hydrogen funding, Defence names grant recipients, Orthocell gains Canadian approval, and AEA appoints its advisory board.

Grant $1.6m

New round of grants open for SA industry and researchers

The Defence Innovation Partnership opens applications for a $2.4 million Activator Fund grant round, and recalls Acacia Systems leading a $1.6 million government-funded undersea surveillance project for the Navy, announced in January.

2 deals

Manufacturing news briefs — stories you might have missed

Roundup covering manufacturing placements by Sparc Technologies and Aurora Labs, Wellnex's planned London listing, an autonomous navy boat trial, a workplace fine, a software degree launch and AusBiotech's next CEO.

2 deals

Manufacturing news briefs – stories you might have missed

Roundup of Australian manufacturing items: DroneShield's Ukraine orders, CEO appointments at Bridgewest Perth Pharma and Sentinel Boats, SPC's community capital raise, LBT's underwritten raising, a university defence consortium, wine grants and new facilities.

Grant

Manufacturing news briefs — stories you might have missed

A roundup of Australian manufacturing news: a summit keynote, a product launch, a CEO appointment, an acquisition, a quantum HQ, training and supply deals, and a refrigeration deployment.

Grant $6.4m

Fleet Space to lead $6.4 million defence communications project

Fleet Space Technologies wins a 6.4 million dollar Defence Space Command contract to lead the ASCEND2LEO project, developing LEO satellite communications with a consortium including DSTG, University of South Australia, Rice Satcom and SmartSat CRC.

Grant $3m

Manufacturing news briefs – stories you might have missed

Manufacturing roundup: Stärke-AMG buys plastics maker GADAC, Orbital's government loan converts to a grant after milestones, plus items on apprentices, SEA Electric, tyre recycling, UniSA's hub and electrification advocacy.

2 deals

South Australian biotech startup Ferronova banks $11 million to tackle cancer treatment

Adelaide cancer-focused biotech Ferronova has secured fresh backing: an investor round led by Irish strategic partner Renew Pharmaceuticals plus a federal research grant, to speed clinical trials in stomach and brain cancers.

Also SmartCompany·SmartCompany·SmartCompany·Startup Daily·Business News Australia·Startup Daily

2 deals

Ferronova secures A$11 million to advance nanotech image-guided cancer therapy

Adelaide biotech Ferronova announced an A$11 million package: an A$8 million round led by Ireland's Renew Pharmaceuticals plus an A$3 million government CRC-P grant, with existing shareholders Uniseed and Artesian also participating.

Venture debt $8m

Manufacturing news briefs — stories you might have missed

News roundup: Elsight locks in $8 million through convertible notes; Northrop Grumman extends its Quickstep supply agreement; Titomic grows US sales; Fleet Space to survey for Core Lithium; Venture Catalyst Space applications open.

2 deals

Manufacturing news briefs – stories you might have missed

Roundup of Australian manufacturing items: Manildra draws on CEFC money to quit coal, Ankere Therapeutics launches with seed backing, Micro-X gear reaches Ukraine, plus a vessel naming, precinct tenders, an FFI appointment and a cable rebrand.

Seed $10m

Australian collaboration and AU$10m investment fuels Ankere Therapeutics’ efforts to target inflammatory lung conditions

Biotech startup Ankere Therapeutics launches with a $10 million seed round co-led by IP Group and Brandon Capital to develop inflammatory lung disease therapies, building on research from Monash and UniSA scientists.

Also Brandon Capital portfolio·Startup Daily·@AuManufacturing

5 deals

SA defence grants for five projects

Five South Australian defence research projects led by Flinders, UniSA and the University of Adelaide with industry partners receive the latest Collaborative Research Fund grants from the Defence Innovation Partnership.

Also @AuManufacturing

3 deals

Defence in $100m push to build sovereign capabilities

Federal defence contracts worth more than $100 million include $1.8 million for University of South Australia laser research, $7.4 million for Silentium Defence radar, and $183,022 for Varley Rafael Australia's missile kit production.

Funding announcement

Selling space: How Myriota brings its high-tech back to Earth

Profile of satellite IoT company Myriota, a University of South Australia spin-out, recalling its seed backing from exactEarth and support from investors such as In-Q-Tel, Host Plus and Main Sequence Ventures.

9 deals

South Australia's first space incubator program now has nine startups from around the world

Nine startups from Australia, India, the US and the Netherlands join the University of South Australia's Venture Catalyst Space program, each receiving $10,000 from the South Australian Government, with program alumni including Ping Services highlighted.

Also SmartCompany

9 deals

Global startups join Australia’s first dedicated space incubator program

Nine space startups from Australia, India, the US and the Netherlands have been chosen for the University of South Australia's Venture Catalyst Space program, each receiving $10,000 and support from the South Australian Government.

Also Startup Daily·SmartCompany

2 deals

Biomedical Translation Bridge Program grants $1m to develop a drug treatment for obesity-related health conditions

Cincera Therapeutics has received a million-dollar Biomedical Translation Bridge grant to advance its Des-1 inhibitor drug for obesity-related metabolic diseases. The Monash and UniSA spin-out previously secured venture funding from the Medical Research Commercialisation Fund.

Also Brandon Capital portfolio·cinceratx.com

Funding announcement

Ferronova secures $3.5m Series A funding led by Uniseed

Cancer-detection nanotech developer Ferronova announced a $3.5 million Series A round, with Uniseed leading, to fund planned human trials across several cancer types; research partners span four universities.

2 deals

A spacetech startup is helping build Australia’s satellite-based electronic warfare powers

Adelaide defence firm DEWC Systems won a $3.1 million government contract to develop a CubeSat electronic warfare sensor constellation, having earlier bought engineering firm AES to build its own hardware.

Also @AuManufacturing·indailysa.com.au

2 deals

Myriota closes Series B, brings total funding raised over $50 million

Adelaide nanosatellite company Myriota announced a $28 million Series B led by Hostplus and Main Sequence Ventures, recalled its 2018 Series A, and had recently acquired Canadian satellite firm exactEarth.

Also TechCrunch Venture·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Business News Australia

Something wrong? Tell us