Three months of hard work building deep tech startups came to a climax today when their founders told their stories at CSIRO’s ON Accelerate showcase in Melbourne. The ninth cohort of the national science agency annual program to support founders from Australian universities and CSIRO itself featured 11 finalists, spanning drug development, healthcare delivery, and… Read more »
Geospatial tech startup Terria has spun out of science agency CSIRO, after raising $3 million in a Seed round backed by deep tech VC Main Sequence. Terria organises and visualises spatial data in digital twin formats to make data accessible It simplifies the complex process of creating digital twins, and online virtual replicas of buildings,… Read more »
Startups with agritech solutions they’re hoping to take global have until this Sunday, September 15, to apply for the India Australia Rapid Innovation Startup Expansion (RISE) Accelerator run by national science agency, CSIRO Kicking off next month, the Climate Smart Agritech cohort of the RISE Accelerator program will focus on businesses with technologies and solutions… Read more »
Murdoch University and national science agency CSIRO have partnered to launch the $8 million The Bioplastics Innovation Hub in Perth to develop a new generation of 100% compostable plastic. CSIRO research program director Dr Andy Whiteley, said the Hub aims to bring together experts in microbiology, molecular genetics, synthetic biology, biochemical engineering, advanced manufacturing and circular… Read more »
National science agency CSIRO has allocated $20 million towards supporting startups and smaller companies with greater access to vital research and development (R&D) opportunities to accelerate their growth. Up to 750 small to medium enterprises (SMEs) will be supported under the banner of SME Connect via programs that provide facilitation, training, dollar-matched funding and support… Read more »
Synthetic biology – referred to as “synbio” by insiders – could develop industry worth billions of dollars, creating thousands more jobs that previously expected according to a new report by national science agency, CSIRO, and its venture capital fund, Main Sequence. The Synthetic Biology National Progress Report, released this week, is an update to the 2021… Read more »
Science agency CSIRO has announced the 12 planned deep-tech startups selected for its ON Accelerate program in 2024. The ideas span everything from global health challenges to sustainability through circularity, and advanced manufacturing. The ON program gives university researchers access to a network of industry experts and investors, to help them refine and validate their… Read more »
National science agency CSIRO has expanded the qualifying criteria its Kick-Start program, which offers Australian small businesses can now access research and development (R&D) funding. Businesses with a turnover of up to $10 million are now eligible, up from the previous $1.5 million threshold. The Kick-Start program offers dollar-matched funding to access CSIRO’s research expertise… Read more »
Australia’s national science agency, CSIRO, is offering a new online learning program for free for startups focused on innovation in agrifood. The ‘Innovate to Grow: Agrifood’ program runs for 10 weeks from November and is designed to help early-stage companies assess how they can advance their technologies, solutions and ideas through research and development (R&D).… Read more »
Australia has nearly 100 Antipodean ‘Silicon Valley’ sites creating nearly two-thirds of the country’s tech jobs, according to a new report mapping digital technology clusters nationally for the first time. The report, ‘The geography of Australia’s digital industries’, was produced by CSIRO, and the Tech Council of Australia. It found there are 96 digital clusters… Read more »
CSIRO’s VC arm, Main Sequence Ventures, has rounded up several high profile institutional investors for a $450 million first close of its third fund, as the six-year-old deep tech investment fund notches up $1 billion in funds under management. Founded in 2017, Main Sequence has now backed 53 companies including carbon capture agtech Regrow AG,… Read more »
Australia’s transition to renewables is gathering speed, but there’s a looming problem with storage. We will need much more long-duration storage to get us through the night, once coal and fossil gas exit the system. We also need to find new and better ways to create heat for industrial processes. Renewables can supply much of… Read more »
The shift to renewable energy to meet net zero targets will mean Australia has to dramatically scale up its battery storage capacity, a new report from national science agency,CSIRO says. The Renewable Energy Storage Roadmap outlines a 10 to 14-fold increase is required in electricity storage capacity between 2025-2050 for the national electricity market (NEM) to… Read more »
Quasar Satellite Technologies, a space communications startup building ground station services to replace parabolic dishes has raised $6 million in pre-Series A. The round by CSIRO’s VC fund, Main Sequence Ventures, and included PAN Group, and Marc and Lindy De Stoop of Climatech Group. The company has also scored a $5.3 million Defence Innovation Hub… Read more »
CSIRO-backed fintech DAS (Digital Agriculture Services) has raised $3 million in interim funding in a round led by the VC arm of Canadian communications giant TELUS. TELUS Ventures was supported by existing investors, which include CSIRO, Startmate and several high net worths – and ahead of a broader US series later this year. The business… Read more »
A cybersecurity founder who had a $100 million exit is back with a new idea and a $9.2 million Seed round from Paladin Capital 
Why the next wave of unicorns will be female-founded consumer brands rather than tech 
Series A-focused climate tech VC hits $50 million for fund’s 1st close 
Reality bites for Blackbird-backed room rental startup Kiki as it departs the Big Apple 
Daily startup news and insights, delivered to your inbox.
