A Queensland startup helping power up America with drones to roll out power line upgrades has raised $36 million in a Series A. The round for Infravision was led by US sustainability investor Energy Impact Partners (EIP), supported by Equinor Ventures and Edison International (EIX). Robotics engineer Cameron Van Der Berg and military veteran Chris Cox… Read more »
Drone seeding startup AirSeed Technologies is raising a Series A to deliver on a $200 million carbon capture fund
Environmental restoration startup AirSeed Technologies is partnering with impact investment manager Conscious Investment Management (CIM) as it sets up a $200 million carbon sequestration fund. Carbon sequestration is the process of capturing and storing carbon dioxide (CO2) from the atmosphere or industrial emissions. AirSeed’s way of tackling the issue is through reforestation. AirSeed was cofounded… Read more »
In early November, the Commonwealth Department of Infrastructure invited public comment on proposed Australia-wide “drone delivery guidelines” it has been quietly developing with industry stakeholders. A slick new website – drones.gov.au – boasts of the supposed benefits of delivery drones. It claims they will create jobs, provide cost-efficiency and be environmentally sustainable. The draft guidelines… Read more »
Supermarket giant Coles will begin delivering groceries to customers via drone from next month as part of a trial with the Alphabet subsidiary Wing. The drone delivery trial in South East Queensland kicks off next Wednesday, November 2, and will cover the Gold Coast suburbs of Ormeau, Ormeau Hills, and Yatala with orders from the… Read more »
Sydney drone startup Aerologix, which describes itself as “Uber for drones”, has raised $4.2 million in Seed capital. The round led by Ellerston Capital and Lindsay Phillips’ Nightingale Partners, following on from an earlier pre-seed raise Aerologix will use the capital to invest in additional research and development, bolster its commercial team and to launch overseas. … Read more »
Brisbane drone mapping and data analytics startup Emesent has raised US$23 million (A$32m) in a Series A to fuel its global ambitions. The round was led by local firm Perennial Partners, with international investors Tiger Global and TELUS Ventures. Seed round investors Main Sequence and Archangel Ventures also chipped in. Co-founder and CEO Dr Stefan… Read more »
In recent months, food security concerns have emerged for nations across Africa, Asia and the Middle East, as swarms of desert locusts wreak havoc on crops. While the same level of damage isn’t currently being felt in Australia, the threat of infestations extends to us too. But drone technology is offering up solutions. Not… Read more »
Tekuma believes its controller is intuitive and universal, reducing the time, cost, and personnel needed to get a job done.
Telstra has participated in the Series A funding round of Californian drone software startup Cape through its investment arm, Telstra Ventures, joining Google’s Gradient Ventures, Mitsui & Co and NEA in the round.
Leading investment totals for IoT agtechs is The Yield, which applies its flagship ‘Sensing+’ technology to detect the microclimate of an ecosystem
InsurTech has been pinned as a growing industry thanks to claim and drone startups, although it is faced with fundamental challenges, according to a report.
The federal government has announced this week a $22 million fund that will support the development of telecommunications infrastructure in regional WA.
Yesterday Australia’s leading drone startup, Flirtey conducted the world’s first ever delivery of Domino’s Pizza’s to the doorsteps of its customers in New Zealand.
Canberra’s InnovationACT this week announced the six winning startup teams that will share a $50,000 seed funding pool to help kickstart their ideas. InnovationsACT is an initiative of the Australian National University and is Canberra’s largest innovation program, running over an intensive 10 weeks.
To create a world first marketplace for last mile tracking, Sherpa has recently launched a new platform called Sherpa Fleet. The platform is a management service for a company’s existing fleet, but also has the capacity for third parties to tap into that fleet.