Mirage News

HKU Innovation Week Showcases 120+ Breakthroughs

Hong Kong university's innovation week launched a research-commercialisation alliance, reached the first close of a HK$160 million joint venture fund with a Silicon Valley firm, and honoured four award recipients.

Boosting Victoria's Minerals Processing Potential

Two regional Victorian companies named to receive government grants under a $750,000 program assessing antimony processing and supply chain development in the state.

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Manufacturing Boost Fuels Outback Pies' North Queensland Growth

A Townsville bakery receives a state government manufacturing grant to automate production, with officials and its managing director praising the jobs and productivity benefits.

Victoria Antimony Grants Boost Critical Minerals Security

Victorian Government grants announced for two companies to develop downstream antimony processing, aiming to build a local critical minerals processing industry and secure supply chains.

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Whos Paying Whom in AI Booms Circular Money Machine

Analysis of circular financing among AI companies, using Nvidia's investments in OpenAI, Anthropic, CoreWeave and Australian data centre builder Firmus to question how much of the AI boom reflects genuine demand.

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Solar Robots Near Commercial Scale With $32.3m ARENA Funding

Australia's renewable energy agency is backing two robotic solar construction makers, funding a Melbourne panel-installation robot factory and a Brisbane piling-systems hub under the second round of its solar manufacturing program.

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Identifai Genetics Lists on ASX After $10M IPO for US Expansion

Prenatal genetic screening developer Identifai Genetics began trading on the ASX after a ten-million-dollar initial public offering, with proceeds earmarked for American laboratory readiness, clinical validation and product development.

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Government Support Advances Australian Driver Safety Innovation

MOTUM finished a government-funded heavy vehicle simulator program and secured further grant support to build bus driver training, its founder says.

Penn State Startup Scales Up Domestic Critical Mineral Recovery

A startup born from Penn State research was named among eight winners of a US critical-metals program, entering the first stage of a ten-month development track for e-waste recovery technology.

EnergyLIB Enters Growth Phase With Cheche Investment Proposal

Ashurst, Perkins Coie Advise Heidi on $100M Series C, $240M Facility

Ashurst Perkins Coie advised Heidi on a US$340 million package: a Blackbird-led US$100 million Series C plus US$240 million from General Catalyst's Customer Value Fund, valuing the clinical AI company above A$1 billion.

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Quantum Sensing Device Raises $2.2M to Improve Iron Diagnosis

FeBI Technologies wins a 2.2 million dollar Australian Government grant to advance its quantum sensing blood test for iron disorders, building on an earlier Stage 1 grant, with partners including Katherine health services.

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$12.3M Backs Australian Quantum Companies

Six Australian quantum companies receive government grants under round two stage two of the Critical Technologies Challenge Program, supporting projects from quantum clocks to biosensors and diagnostic tools.

Also Mirage News·Dealroom·Dealroom·This Week in Australian Startups·Startup Daily

$3.5 Million to Combat Tech-Based Abuse of Women and Girls

Currus Biologics Wins FDA Clearance for CUR-001 Phase 1 Trial

America's medicines regulator has approved Currus Biologics to begin human trials of CUR-001, its solid-tumour CAR T-cell therapy combination, with dosing expected from early 2027.

Vaccine Platform Secures Funds Against Mosquito Threats

UQ spinout Proboxis Biotechnology has received $1.5 million via the first round of the Biointelect Venturer incubator to advance a vaccine platform against mosquito-borne diseases toward human clinical development.

ARENA Funds 1,000-Home Electrification in Canberra

ARENA is putting $8.2 million toward Electric Future's Go Electric pilot, which will trial a one-stop digital platform helping as many as 1,000 Canberra households move from gas to electric appliances.

Funding Boost for First Nations Financial Support

Funding Surge for Potential EBV Vaccine

QIMR Berghofer's Ebivanta Therapeutics wins $1.5 million plus backing from biotech incubator Biointelect Venturer's first cohort to ready its mRNA vaccine against Epstein-Barr virus for clinical testing.

ACCC Clears Peter Warren's Wakeling Auto Dealership Buy

Australia's competition regulator approved Peter Warren Automotive's purchase of Wakeling Automotive's new car dealerships, on condition eight local dealership sites are divested to protect competition.

Brain Implants Surge: Future Post-Trials Unclear

An analysis of what happens to brain-implant trial participants once studies end, covering Australia's growing neurotech sector, EpiMinder's FDA approval, Synchron's funding, and recommendations from a convened panel of specialists.

Investing In Carbon Management Technologies

Canberra is funding carbon management demonstrations: round two of a national program directs $32.6 million across seven projects, naming six recipients including Carbonaught, Australian Carbon Vault, Karbonix, MCi Carbon and Electralith.

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$26M Boost for Cleaner Aussie Iron Tech

Canberra is putting up to $26 million through ARENA behind Element Zero's Perth pilot testing whether the nation's iron ore can become low-emissions iron via a renewable-powered, molten-salt process.

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War Dept. Invests $174M to Secure Gallium Supply Chain

The US War Department has announced an estimated US$174m equity investment, partnering with Export Finance Australia, Japan and Sojitz, to build a gallium plant at Alcoa's Wagerup refinery.

Counter-Drone Defense Project Secures Funding Boost

A Western Australian drone-detection project run by UXMachines with the University of Western Australia has won 190,000 dollars under the state's Defence and Research Teaming grant program.

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$1.26M Boost Propels UOW Cancer Imaging to Trials

University of Wollongong researchers won government funding for a quantum photon-counting cancer imaging system and partnered with radiotherapy maker Elekta, moving the technology toward clinical trials.

Ashurst, Perkins Coie Advise Amwins on A$8B Steadfast Deal

Ashurst Perkins Coie acted for Amwins on its proposed A$8 billion consortium buyout of ASX-listed Steadfast, under which Amwins would take the underwriting agencies and KKR and Dragoneer the retail broking arm.

Meat Waste Recycling Key to Cultivated Meat Market

University of Queensland researchers, funded by an Australian grant and working with cultivated-meat firm Magic Valley, found microalgae grown on production waste can recycle nutrients and sharply cut the cost of growing meat cells.

CyberHeed Unveils Live Integrations for Aussie Compliance

Melbourne GRC startup CyberHeed has released Live Integrations, which continuously pulls configuration signals from tools like GitHub and Microsoft products to assess compliance controls in context, extending its SmartPrep capability.

Queensland Government And Fortescue

Queensland government entities and Fortescue have settled a dispute over public funding for the Gladstone electrolyser plant, with the state's $66 million outlay preserved for taxpayers through transferred land and infrastructure.

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Hysata Named National Finalist for Research Award

A Wollongong hydrogen spin-out is shortlisted for a national award recognising research commercialisation; the profile recaps its electrolyser technology, Port Kembla headquarters, jobs and backing.

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ENA Respiratory Secures AU$34M for INNA-051 Trials

ENA Respiratory closed a US$22.4 million (A$34 million) Series B backed by Brandon Capital, Uniseed, Stoic Venture Capital, Gates Foundation and Flu Lab, funding Phase II trials of its weekly antiviral nasal spray.

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Nexsen Limited Successfully Lists On ASX Following $8 Million Initial Public Offering

Nano-biotech firm Nexsen has started trading on the ASX after raising $8 million through its IPO, funding its biosensor diagnostics work, with earlier government grant support also detailed.

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