Graphene manufacturer and solutions provider Graphene Manufacturing Group has announced completion of a $3 million Series C raise, with just over $1.7 million from TSXV-listed capital pool company Cuspis Capital of Canada.
The $540 million Australian Business Growth Fund has been officially launched, despite legislation unlocking $100 million in Commonwealth funding still languishing in Parliament.
A South Australian company that developed an acoustic listening device for monitoring the health of wind turbines has begun commercial production for the huge US market.
Medical technology startup Field Orthopaedics has raised a further $5 million, with the backing coming from Ilwella, the family office of resources billionaire Brian Flannery.
Adelaide-based Core Lithium has received a $5 million funding offer from the Northern Territory Government to help develop its Finniss Lithium Project south of Darwin.
Goldilocks Suit has turned to crowdfunding to bring them one step closer to full-scale production of their baby sensor singlet after the COVID-19 recession dried up other sources of funding.
ASX-listed beauty products manufacturer BWX launched a $50 million capital raising yesterday, which will support efforts including a new $33.7 million site which will allow them to triple manufacturing capacity.
IoT business Movus has raised $2.5 million to support its continued expansion.
Nanosatellite business Myriota has announced a $28 million Series B funding round, with Hostplus and Main Sequence Ventures as lead investors and all Series A backers participating in the raise.
A South Australian company that manufactures 3D-printed medical training devices is set to embark on a $10 million capital raising campaign so it can ramp up production post coronavirus.