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AI agtech startup The Yield has signed a major deal with ASX-listed wine giant Treasury Wine Estates

- November 2, 2020 < 1 MIN READ

Agtech startup The Yield Technology Solutions has signed a three-year deal with ASX-listed Treasury Wine Estates to use its machine learning technology to assist with harvest predictions and grape production.  The Yield’s Sensing+ solution users sensors and analytics to provide information and predictions in apps that help commercial vignerons make key production decisions such as… Read more »

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Health-tech startup MedAdvisor is looking to raise $45 million as it buys a US medication venture for $49 million

- November 2, 2020 2 MIN READ

Shares in ASX-listed MedAdvisor have been placed in a trading halt today with the health-tech venture announcing plans to acquire US-based medication adherence company Adheris for US$34.5 million (AU$49m), while also raising AU$45 million to fund the acquisition. The company’s seeking a minimum of AU$35m in funds through an institutional placement at $0.45 per share,… Read more »

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A former pro tennis player has developed an artificial intelligence app to make everyone’s game better

- October 31, 2020 2 MIN READ

A tennis app utilising artificial intelligence is set to revolutionise player analysis and coaching interaction. Developed former professional tennis player Dr David To in Adelaide, South Australia, the subscription-based Tennis AI app launched last week and is available globally. The AUD$10 a month subscription allows players to upload videos of their games and training sessions… Read more »

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The tech startup behind the wildly successful SWEAT app by Kayla Itsines has now redeveloped a smartphone app to trace biological threats

- October 27, 2020 2 MIN READ

Flinders University in South Australia has teamed up with a company that made its name developing a popular fitness app to create an app that can track and trace biological threats. The Torrens Resilience Institute (TRI) at Flinders University in Adelaide, South Australia worked with web and mobile app developer PixelForce to develop the smartphone… Read more »

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MYOB’s acquisition spree continues with GreatSoft in its sights

- October 27, 2020 < 1 MIN READ

Private equity-owned accountancy software firm MYOB is ramping up the practice management solutions side of its business with plans to acquire cloud-based software provider, GreatSoft. The move comes after MYOB recent took a majority stake in workforce management software Roubler. The acquisition, now under review by competition regulator the ACCC, will integrate GreatSoft’s cloud-based practice… Read more »

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Mike Cannon-Brookes backs $5 million series A for breakthrough solar cell startup SunDrive

- October 26, 2020 2 MIN READ

A $9 million project to make cheaper rooftop solar panels by replacing the silver in production with copper has attracted $8 million in funding. The cash for NSW startup SunDrive includes $5m Series A investment led by Blackbird Ventures and Grok Ventures, the family investment fund of Atlassian co-founder and renewable energy campaigner Mike Cannon-Brookes and… Read more »

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Queensland biotech Microbio has developed a rapid Covid-19 test that can also tell if you are infectious

- October 26, 2020 2 MIN READ

Australian biotech venture Microbio announced this week that it has developed a new type of COVID-19 test with the potential to both determine if someone has the virus and also indicate whether they are infectious. The Brisbane-based startup says its InfectID-COVID-19-R test has been independently validated to identify the presence of the virus when still… Read more »

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IKEA’s Adelaide store will be self-powered by 2025 as the retailer eyes a move into renewable energy generation and supply

- October 14, 2020 2 MIN READ

IKEA Australia will install solar panels generating 1.2MW of electricity on the rooftop of its Adelaide store as it moves towards operating with 100% renewable energy by 2025.  The project will create largest grid-connected commercial microgrid, connecting with the South Australian power network, and will be coupled with a 3.4MWh onsite battery – think around… Read more »

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Two brothers who created an anti-theft motorbike tracker have turned their solution into a startup

- October 13, 2020 2 MIN READ

When brothers Nathan and Trent Torkar went looking for affordable and reliable ways to protect their motorbikes from theft, they couldn’t find a solution. So they decided to invent one using a portable GPS tracker. The result is their security startup Solid GPS, which works on everything from bikes to cars, trailers and caravans, helping people… Read more »

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CICADA TURNS 20: Morse Micro is the startup you create when the inventors of Wi-Fi go back to the drawing board

- October 13, 2020 2 MIN READ

This year marks the 20th anniversary of Australia’s first ever incubator, Cicada Innovations. To date, Cicada Innovations has incubated more than 100 startups, and helped more than 300 companies raise in excess of $450 million in venture capital and government grants, create hundreds of jobs, build local manufacturing capability, file more than 500 patents and trademarks,… Read more »

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Agritech VC Tenacious Ventures backs US carbon marketplace Nori in $5.6 m raise

- October 9, 2020 < 1 MIN READ

Australian agrifood tech venture capital firm, Tenacious Ventures has co-invested as part of a US$4 million (A$5.6m) round in carbon marketplace startup, Nori.  The round was led by US VC firm Placeholder along with North Island Ventures. Nori, based in Seattle, USA, has developed a marketplace for carbon removal using blockchain technology.  Nori’s first supported… Read more »

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Intelligent transport is hitting the road in Queensland

- October 7, 2020 2 MIN READ

A South Australian-based V2X technology company has today begun a connected vehicle trial in Queensland which will help explore the future of co-operative intelligent transport systems. About 500 vehicles will be fitted with Cohda Wireless’s MK5H on-board units as part of the Ipswich Connected Vehicle Pilot (ICVP). Cohda Wireless’s V2X (vehicle to everything) technology allows… Read more »

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Satellites are the new tractors of agriculture

- October 5, 2020 < 1 MIN READ

It’s World Space Week, October 4-10, with the theme ‘satellites improve life’, and AgriFutures Australia is marking the occasion by getting farmers to turn their attention on space technologies. An upcoming AgriFutures Australia collaboration with the Australian National University (ANU)  is exploring why farmers should be looking to space to solve industry challenges. Space technologies… Read more »

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The ability to save millions from dying of heart failure could be just a lick of spit away, thanks to Melbourne medtech ESN Cleer

- September 23, 2020 2 MIN READ

Melbourne-based ESN Cleer is set to deliver a major medical breakthrough in the next 12 months as it releases the world’s first early risk detection screening for heart disease. The medtech startup has developed a simple saliva test that can be used by GPs to detect early risk for developing heart failure, which kills 10… Read more »