Local semiconductor company Morse Micro has added another $30 million to its Series B raise, just 10 weeks after pulling in $140 million in the first stage of the round, including $100m from Japanese chipmaker MegaChips. The time local superannuation funds, including TelstraSuper, HESTA, Hostplus and NGS, managed by Blackbird, and UniSuper, managed by Uniseed,… Read more »
Local fabricator-less semiconductor company Morse Micro has pulled in $140 million in a series B funding round. The bulk of that investment has come from Japanese chipmaker MegaChips who fronted up $100 million for the Australian Wi-Fi innovator. Co-founder and CEO of Morse Micro, Michael De Nil said the partnership with MegaChips was serendipitous, that… Read more »
Wollongong Internet of Things (IoT) startup Binary Tech has raised $1.8 million in a seed round as it looks roll out supply chain IoT devices. The round was led by Artesian Ventures, joined by Beachhead VC and angel investors including Dr. Craig Davis, Peter McKie and Nick McNaughton. McNaughton will join the company’s board. Founder… Read more »
Internet of Things (IoT) satellite company Myriota has landed a $5.48 million contract from the Australian government for Defence tracking communications. Myriota will use its network of nano-satellites to retrieve data from sensors across hundreds of Defence platforms, forming a global, space-enabled communications network. The network, dubbed the ‘Internet of Military Things’, could deliver increased… Read more »
Canadian building management company BGIS will expand its Australian operations centre in Adelaide to monitor clients across the Asia Pacific. The global company plans to utilise the latest Internet of Things technologies in Adelaide, South Australia to remotely control buildings in other states and countries through internet-connected devices and sensors. This includes the monitoring and… Read more »
Fleet Space Technologies will launch its fifth nanosatellite, Centauri, 3 next month as part of Rocket Lab’s latest mission, taking off from New Zealand’s Māhia Peninsula. Fellow South Australian satellite venture Myriota will also launch its first satellite in the same Rocklet Lab payload. Centauri 3 is part of a planned 140-strong constellation offering satellite… Read more »
Morse Micro, which is reinventing Wi-Fi technology for the Internet-of-Things (IoT), has raised an extra $18 million in its Series A to take the total round to $42 million. The Sydney deep tech venture, founded in 2016, has some of original inventors of Wi-FI in the team and will use the funds to expand its… Read more »
The Internet of Things (IoT) is already all around us. Online devices have become essential in industries from manufacturing and healthcare to agriculture and environmental management, not to mention our own homes. Digital consulting firm Ovum estimates that by 2022 Australian homes will host more than 47 million IoT devices, and the value of the… Read more »
Adelaide Internet of Things startup Myriota has partnered with the Australian Institute of Marine Science (AIMS) to track the health of Australia’s tropical waters via its low earth orbiting (LEO) satellites.
Adelaide startup Fleet Space Technologies has opened its mission control centre ahead of the planned launch of two of its nanosatellites later this year.
Ion Systems is developing a system to improve the situational awareness of teams in hostile environments, such as emergency services or Defence.
Adelaide startup Fleet Space Technologies has announced it is set to launch two nanosatellites before the end of the year in its bid to connect the 75 billion devices expected to be online by 2025.
Prohab CEO Lyndon Huf spoke about his company’s development and how his dad encouraged him to go hard and pursue this idea.
Adelaide’s Myriota has raised a US$15 million eries A round led Blue Sky VC and the CSIRO’s Main Sequence Ventures, with participation from Boeing HorizonX.
Adelaide is pushing ahead in developing its smart city credentials, partnering with Cisco to run a $1 million Internet of Things traffic project.
Atlassian shares plunge after another quarterly loss
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ASX-listed BNPL Openpay handed to receivers just a week after ‘record’ results after failing to secure working capital
Workplace coaching platform Fingerprint for Success raises $6.5 million
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