Tag: funding
Samsara Eco raises $100M to combat plastic waste
Samsara Eco, an enviro-tech innovator, announced it has secured AUD$100 million in its latest Series A+ funding round to eradicate plastic waste and prevent it from ending up in landfills or being incinerated.
WA grants propel seaweed manufacturing to replace plastics
Uluu, a northern suburbs business, is poised to redefine manufacturing using seaweed as an eco-friendly alternative to plastic.
MGA Thermal boosted by $2.48M funding from ARENA
MGA Thermal has secured an additional $2.48 million from the Australian Renewable Energy Agency (ARENA), tripling its project backing from the Federal Government.
Businesses boost AI investment, embrace new IT architecture, research reveals
Companies across Australia and New Zealand are increasing their investments in artificial intelligence (AI), recognising it as a key driver of growth and innovation, according to a new survey commissioned by Schneider Electric.
Stronger regulations, inspections to protect NSW workers from silicosis
The New South Wales Government is ramping up efforts to protect workers from the deadly silicosis threat by deploying more SafeWork NSW inspectors to enforce a new engineered stone ban.
2024-25 Budget delivers record funding boost in Australia’s defence sector
The Australian Government is making an investment in the nation’s manufacturing capabilities as part of the 2024 National Defence Strategy, committing $50.3 billion over the next decade to enhance defence industry capability, as revealed in the recently released federal budget.
Tasmania’s traditional Chinese medicine research hub receives funding boost
The Tasmanian Institute of Agriculture (TIA) has secured additional funding for its research hub dedicated to exploring the cultivation of traditional Chinese herbs in the region.
Australian-Indian space projects receive funding boost as governments bolster partnership
The Australian Government has committed funding to collaborative space ventures with India in a move aimed at strengthening bilateral ties and tackling mutual challenges such as climate change.
Xefco raises $10.5M to drive sustainability in fashion industry
Xefco, the pioneering sustainable manufacturing tech company, has announced a substantial fundraising round of AUD 10.5 million.
Breakthrough Victoria backs RayGen’s renewable energy vision with $20M investment
Breakthrough Victoria announced a $20 million investment in local company RayGen Resources in a bid to propel Victoria's transition towards clean energy sources.
Featured Article
Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
