WA battery recycling startup raises $8 million

Renewable Metals, a recycling technology startup, has closed an $8 million capital raise led by venture capital firm Investible and the Clean Energy Finance Corporation to scale and commercialise its lithium-ion battery recycling method. According to a statement from the CEFC – which invested via Virescent Ventures – the round will support development of a…

New centre to focus on HF radar technology and skills

A new collaborative centre between industry, government and academia has been established in Adelaide for research into high-frequency (HF) radar technology which underpins Australia’s ability to control access to northern Australia. The University of Adelaide, the Department of Defence and BAE Systems Australia established the JORN Open Innovation Network (JOIN) Centre for Advanced Defence Research…

The New Reinventors: building up your agility

In this first installment of our series, The New Reinventors, we hear from Jarrod Tuxworth from series sponsor Fusion5. People gravitate towards and identify with different industries for different reasons. Jarrod Tuxworth trained as an accountant and became fascinated with business systems, then had a moment where he realised his skills were best applied to…

Manufacturing news briefs – stories you might have missed

Imugene raises $18.2 million from investors Clinical stage immuno-oncology company Imugene has closed the Share Purchase Plan component of its capital raising in conjunction with the acquisition of the exclusive licensing rights to the CD19-directed allogeneic cell therapy. The SPP raised a further $18.2 million for the company. Imugene’s Executive Chairman Paul Hopper said: “With…

Growing Neo-Bionica announces new CTO

Melbourne-headquartered medical technology developer and manufacturer Neo-Bionica has announced the appointment of US-based Uli Gommel (pictured) as its new Chief Technology Officer.  According to a statement from the company on Tuesday, Gommel will spearhead its mission to revolutionise the delivery to market of novel neuro-technologies and smart medtech devices. Neo-Bionica was established in 2021 –…