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Agtech segments which have raised the most funding in Australia
Leading investment totals for IoT agtechs is The Yield, which applies its flagship ‘Sensing+’ technology to detect the microclimate of an ecosystem
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Energy Australia and Redback Technologies partner to launch renewable energy management system
Energy Australia has partnered with Redback Technologies to launch the Redback Smart Hybrid System, a renewable energy system used to control energy usage.
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Startupbootcamp launches energy accelerator in Melbourne as Slingshot launches Queensland tourism accelerator Horizons
Startupbootcamp has launched ‘Energy Australia’, a Melbourne-based accelerator to support startups working in the energy space.
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Visa study finds Australians are growing increasingly more comfortable using AI and IoT for payments
A new study from Visa has suggested that Australians are becoming increasingly more comfortable with pairing IoT and AI tech with their transactions.
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Cybersecurity firm Trend Micro launches $100 million venture fund targeting IoT startups
Trend Micro has announced the launch of a $100 million corporate venture fund designed to support emerging tech markets, with IoT one of the key focuses.
Advice
Perth startup Spectur has developed cloud-based solar security cameras to monitor remote areas
Perth-based startup Spectur has developed a solar powered, cloud-based security camera designed to thrive in remote areas and locations.
Advice
Wattcost has developed an IoT device to help consumers save on their electricity bill
Sydney-based Wattcost has developed a consumer-friendly IoT device that slaps on a homeowners powerbox and allows them to track their energy usage.
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Gilmour Space Technologies raises $5 million Series A led by Blackbird Ventures to further rocket technology
Gilmour Space Technologies has raised $5 million in a Series A funding round to continue the development of their low-cost rocket technology.
Advice
Adelaide company Xped wants to make it easier to get onto the Internet of Things
Helping to drive the industry forward in Adelaide is Xped, an IoT platform and infrastructure company founded by Athan Lekkas.
Advice
Reposit Power helps homeowners optimise when to sell energy back to the grid
Reposit Power is offering a device where homeowners store energy from their solar panels and sell it back to their electricity provider for “GridCredits”.
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Space startup Fleet raises $5 million Series A to build network of nanosatellites
South Australian space startup Fleet has raised $5 million in a Series A round led by Blackbird Ventures, with participation from Earth Space Robotics, Silicon Valley firm Horizon Partners, and Atlassian’s Mike Cannon-Brookes.
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New Zealand Government puts forth plan to grow its digital economy
The New Zealand Government has put forward a plan to progress the country’s digital industry through new initiatives and educational reforms.
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Government announces $151 million in funding for Cooperative Research Centres focused on food, agtech, and transport
The government has announced funding of $151.5 million to develop four CRC’s dealing with food, agtech and transport for research and innovation.
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Telstra working with Ericsson to launch national Internet of Things network
Telstra announced at the continuation of its partnership with Ericsson, with the two companies working to launch a Cat-M1 IoT network throughout Australia.
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Townsville City Council to launch city-wide public Internet of Things network
Townsville will become the latest Australian city to get an Internet of Things network, with the Townsville City Council partnering with Campbell Scientific Australia to launch the initiative.
