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Funding

AI agents startup for the aged care and disability services raises $2.5 million Seed round

- February 14, 2025 2 MIN READ

A Melbourne startup building AI agents for the disability and aged care sectors has raised $2.5 million in Seed funding.  The round for Minikai was led by Tidal Ventures with participation from Antler. Tigerspike founder Luke Janssen previously backed the startup with a six-figure pre-Seed investment nearly 12 months ago. Minikai’s AI agents are hoping to… Read more »

Business

Quarry mentality: Robyn Denholm’s R&D review releases discussion paper as minister Ed Husic claims Australia is shipping its innovation ideas overseas ‘for free’

- February 13, 2025 3 MIN READ

Australia is “virtually giving [its] world-class science away for free” according to the nation’s industry and science minister, as a panel of experts reviews the country’s struggling Research and Development (R&D) system. The independent review by four industry experts, announced in December and led by Australian-born Tesla chair Robyn Denholm, released a discussion paper on Wednesday as… Read more »

Climate Tech

Battery startup Allegro Energy scores $1.85 million federal grant

- February 13, 2025 2 MIN READ

Battery storage tech startup Allegro Energy has scored a $1.85 million federal government grant to bring its battery technology to mass production. The Newcastle-based startup is one of five early stage tech companies funded under the $400 million Industry Growth Program. Allegro Energy has developed water-based Redox Flow Batteries (RFB) to store renewable energy. The… Read more »

Funding

Cancer treatment biotech AdvanCell injects $178 million Series C

- February 13, 2025 2 MIN READ

Sydney clinical-stage radiopharmaceutical startup AdvanCell, which is developing innovative cancer therapeutics, has raised US$112 million (A$178m) in a Series C. The round was co-led by US-UK fund SV Health Investors, Sanofi Ventures, Abingworth, and SymBiosis. Additional support came from existing investor Morningside, alongside new investors Tenmile, Brandon Capital, and others. Founded in June 2019, AdvanCell was… Read more »

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Funding
Funding

AI agents startup for the aged care and disability services raises $2.5 million Seed round

- February 14, 2025 2 MIN READ

A Melbourne startup building AI agents for the disability and aged care sectors has raised $2.5 million in Seed funding.  The round for Minikai was led by Tidal Ventures with participation from Antler. Tigerspike founder Luke Janssen previously backed the startup with a six-figure pre-Seed investment nearly 12 months ago. Minikai’s AI agents are hoping to… Read more »

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