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Venture capital firm Tempus Partners launches new $40 million fund
Tempus Partners has announced the establishment of ‘Tempus Fund 2’, a $40 million fund with which it will look to invest in local B2B and scalable startups.
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City of Melbourne to open Jiangsu-Victoria Innovation Centre with $80 million in funding from Chinese VC group
The City of Melbourne has announced the launch of the Jiangsu-Victoria Innovation Centre, a new hub that will supported by up to $80 million in funding.
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National agtech accelerator SproutX announces its first cohort of startups
SproutX has announced the lineup of startups accepted into the SproutX Accelerator Program, the first agtech-based accelerator within Australia.
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South Australian government signs agreement with Tesla and Neoen to build world’s largest lithium ion battery
The SA government has announced an agreement between Neoen and Tesla that will see the world’s largest lithium ion battery installed a local wind farm.
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Melbourne adtech startup Unlockd raises $30.7 million Series B to expand into Asia
Unlockd has announced the close of a AU$30.7 million Series B and a new partnership to help accelerate the business’s growth into Asia.
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Canberra digital transformation company Intelledox raises $4 million to further international growth
Intelledox has announced the closing of a $4 million, which will be used to accelerate the business’s global expansion and build out its software product.
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Stockspot raises $3 million Series B to build out AI robo-advice technology
Stockspot has announced the closing of a $3 million Series B round which will be used to help build out its digital product and expand its user base.
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Sydney energy startup Wattwatchers raises $2 million to further Auditor technology
Wattwatchers has announced that it has closed a $2 million raise to help widen the its team, reduce product costs and expand “technology partnerships”.
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Government announces $151 million in funding for Cooperative Research Centres focused on food, agtech, and transport
The government has announced funding of $151.5 million to develop four CRC’s dealing with food, agtech and transport for research and innovation.
Advice
Yume is an ecommerce platform connecting surplus food to businesses and charities
Through an online ecommerce platform, Yume connects food suppliers with quantities of surplus food to Australian businesses and restaurants.
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Online lending platform Prospa raises $25 million round led by Airtree Ventures
Prospa has announced the closing of $25 million in funding led by AirTree Ventures, which will be used to help the business grow its technology and team.
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Federal Government announces $22 million fund to support WA telecommunications projects
The federal government has announced this week a $22 million fund that will support the development of telecommunications infrastructure in regional WA.
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Girl Geek Academy and Startmate among grant recipients in second LaunchVic funding round
LaunchVic, the Vic Government’s $60 million startup initiative, has announced the grant recipients in its second funding round, totalling $4.9 million.
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Energy startup GreenSync raises $11.5 million Series B round to fund expansion
GreenSync has raised $11.5 million in a Series B funding round to facilitate further development of its technology and overseas expansion.
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Commonwealth Bank sells stake in Visa for $278 million profit
The Commonwealth Bank has announced the sale of its remaining stake in Visa for $439 million following a review of its capitalised software assets.
