Funding

Morse Micro tops up Series B with another $30 million from super funds

- November 28, 2022 2 MIN READ

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 »

Funding

Morse Micro chips into huge $140 million series B

- September 7, 2022 2 MIN READ

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 »

Funding

IoT startup Binary Tech, which started out tracking beer kegs, just raised a $1.8 million seed round

- February 4, 2022 2 MIN READ

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 »

Space

Adelaide nano-satellite startup Myriota lands $5.5 million government defence contract

- September 29, 2021 2 MIN READ

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 »

Other tech

Canadian building management giant BGIS is setting up its IoT shop in Adelaide

- April 14, 2021 2 MIN READ

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 »

Space

Australian space company Fleet is launching its 5th nanosatellite next month

- February 10, 2021 < 1 MIN READ

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 »

Data

How Australia can reap the benefits and avoid the pitfalls of the Internet of Things

- November 10, 2020 4 MIN READ

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 »