Artificial intelligence (AI) healthcare startup Harrison.ai has raised US$97 million (A$129 million) in a series B to ramp up its global joint venture ambitions in medical diagnostics. Existing backer Horizons Ventures, the VC firm of Hong Kong billionaire Li Ka-shing, led the round. It was supported byBlackbird Ventures and Skip Capital, with new investors Sonic… Read more »
Australia’s biggest telco and data science Quantium plan to launch a joint venture business Telstra says will “unlock the potential of data and AI” for the company and its customers. Sydney-based Quantium is a global leader in using artificial intelligence (AI) to translate raw data into actionable insights. The Woolworths-backed business now operates in 20… Read more »
Sydney-based materials technology company Xefco is launching a joint venture company to produce revolutionary face masks with the ability to kill the Covid-19 virus within minutes. Xefco developed masks coated in an ultra-thin layer of copper in a collaboration with Deakin University. Studies by the Doherty Institute found that the patent-pending technology has the ability… Read more »
When Michael Koss landed in India last year to work on developing his joint venture Australian-Indian startup, Digitology Healthtech, little did he realise the important role the technology would play in his own health and saving his life. Koss is CEO of Health and Patient Services (HPS), which is developing the startup with Indian healthcare… Read more »
Gilmour Space Technologies, the Gold Coast-based startup building lower-cost hybrid rockets for launching small satellites into low earth orbits from 2022, has signed its first international deal for launch and orbital logistics with US rocket venture Momentus. The multi-million-dollar partnership will see the two companies share launch services, with Momentus buying at least one of… Read more »
British banking multinational Standard Chartered is launching a joint venture company with fintech Assembly Payments to develop next generation payment solutions for the US$29 trillion e-commerce sector. The deal is a major coup for Assembly Payments, which launched in Melbourne in 2014, began providing online payment solutions with escrow services for marketplaces and platforms, before… Read more »
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