Telstra Purple, the telecommunication giant’s business technology services offshoot, is acquiring two local tech startups to bolster its IoT capabilities. The deals include Aqura Technologies, a subsidiary of ASX-listed Veris, snapped up for $30 million – figure that nearly matches the parent company’s market cap. Aqura supplies tech and telecommunications infrastructure solutions including industrial wireless,… Read more »
Adelaide satellite startup Fleet Space Technologies has raised US$26.4m (A$36m) in a series B. The round was led by existing backers Artesian Venture Partners, Blackbird Ventures, Mike Cannon-Brookes’ Grok Ventures, and Horizons Ventures – the private investment arm of Hong Kong billionaire Li Ka-shing – with new investors including Alumni Ventures, Hostplus, the South Australian… Read more »
South Australian Internet of Things (IoT) nanosatellite startup Myriota has signed a deal with US-listed satellite data company Spire Global. The deal will see Myriota, which has its own small fleet of nanosatellites, piggyback on Spire’s low-earth orbit nano-satellite network to accelerate its IoT plans. The Australia company is Spire’s first first large-scale, commercial, IoT-focused… Read more »
The Asia-Pacific market for Internet of Things devices is set to quadruple to $436 billion in just five years
Internet of Things devices will soon be used to power and better manage cities’ transportation, power grids and security, with the rise of smart cities to drive unprecedented demand in connected devices. According to a new report by Frost & Sullivan on the growth of the IoT market, spending on smart cities around the world… Read more »
The Morse Micro team One of the biggest technical challenges facing Internet Of Things (IoT) devices is on the brink of being solved by Sydney-based semiconductor start-up, Morse Micro, which has just raised $23.8 million in Series A funding to start mass production of its ultra-low power Wi-Fi chip. Having given the world Wi-Fi,… Read more »
IoT startup Ion Systems wants to manage the safety of teams in emergency services or military environments
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.
Leading investment totals for IoT agtechs is The Yield, which applies its flagship ‘Sensing+’ technology to detect the microclimate of an ecosystem
Energy Australia has partnered with Redback Technologies to launch the Redback Smart Hybrid System, a renewable energy system used to control energy usage.
AgriTech startup Smart Paddock is an IoT play that uses a smart ear tag to monitor the health and well-being of livestock.
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.
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.