Sydney long-distance wi-fi chip maker Morse Mirco has raised an $88 million Series C. The round was led by existing backer Japanese fabless semiconductor supplier MegaChips, topped up by $35 million from the federal government’s National Reconstruction Fund (NRF) and support from other previous investors including Blackbird, CSIRO-backed Main Sequence, super funds Hostplus, NGS, managed… Read more »
An Internet of Things (IoT) startup focused on home safety has raised $2.65 million in a Seed round backed by several prominent property sector investors. Sensor Global was backed by Shane Oswin, David Lynas and David Welsh, supported by Causeway Equities, and Second Century Ventures, the VC arm of the National Association of Realtors in… Read more »
Telstra Purple, the telecommunication giant’s business technology services offshoot, is acquiring two local tech startups to bolster its IoT capabilities. The deals include Aqura Technologies, a subsidiary of ASX-listed Veris, snapped up for $30 million – figure that nearly matches the parent company’s market cap. Aqura supplies tech and telecommunications infrastructure solutions including industrial wireless,… Read more »
Adelaide satellite startup Fleet Space Technologies has raised US$26.4m (A$36m) in a series B. The round was led by existing backers Artesian Venture Partners, Blackbird Ventures, Mike Cannon-Brookes’ Grok Ventures, and Horizons Ventures – the private investment arm of Hong Kong billionaire Li Ka-shing – with new investors including Alumni Ventures, Hostplus, the South Australian… Read more »
South Australian Internet of Things (IoT) nanosatellite startup Myriota has signed a deal with US-listed satellite data company Spire Global. The deal will see Myriota, which has its own small fleet of nanosatellites, piggyback on Spire’s low-earth orbit nano-satellite network to accelerate its IoT plans. The Australia company is Spire’s first first large-scale, commercial, IoT-focused… Read more »
Internet of Things devices will soon be used to power and better manage cities’ transportation, power grids and security, with the rise of smart cities to drive unprecedented demand in connected devices. According to a new report by Frost & Sullivan on the growth of the IoT market, spending on smart cities around the world… Read more »
The Morse Micro team One of the biggest technical challenges facing Internet Of Things (IoT) devices is on the brink of being solved by Sydney-based semiconductor start-up, Morse Micro, which has just raised $23.8 million in Series A funding to start mass production of its ultra-low power Wi-Fi chip. Having given the world Wi-Fi,… Read more »
Ion Systems is developing a system to improve the situational awareness of teams in hostile environments, such as emergency services or Defence.
Adelaide startup Fleet Space Technologies has announced it is set to launch two nanosatellites before the end of the year in its bid to connect the 75 billion devices expected to be online by 2025.
Prohab CEO Lyndon Huf spoke about his company’s development and how his dad encouraged him to go hard and pursue this idea.
Adelaide’s Myriota has raised a US$15 million eries A round led Blue Sky VC and the CSIRO’s Main Sequence Ventures, with participation from Boeing HorizonX.
Adelaide is pushing ahead in developing its smart city credentials, partnering with Cisco to run a $1 million Internet of Things traffic project.
Leading investment totals for IoT agtechs is The Yield, which applies its flagship ‘Sensing+’ technology to detect the microclimate of an ecosystem
Energy Australia has partnered with Redback Technologies to launch the Redback Smart Hybrid System, a renewable energy system used to control energy usage.
AgriTech startup Smart Paddock is an IoT play that uses a smart ear tag to monitor the health and well-being of livestock.
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