Climate Tech

The National Reconstruction Fund’s 1st investment is $40 million for a stake in a 40-year-old mining industry manufacturer

- November 19, 2024 3 MIN READ

Last week the industry and science minister Ed Husic stood in front of Australia’s tech titans at the National Tech Summit, telling them the $15 billion National Reconstruction Fund was about to announce its first investments. Today Husic delivered on the promise, announcing $40 million for a manufacturer in Queensland. The funds went to Toowoomba-based… Read more »

Plotlogic CEO Andrew Job
Funding

Queensland mining tech startup unearths $43 million in Series B

- July 31, 2023 < 1 MIN READ

CSIRO’s venture capital arm Main Sequence Ventures has backed a Brisbane mining technology startup in a US$28 million (A$43m) Series B raise led by international investors. Plotlogic, founded in 2018 by former mining exec and engineer Andrew Job, scans mine deposits using LiDAR (laser-based light detection and ranging) and hyperspectral imaging technology to analyse their… Read more »