What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) BluGlass achieves gallium nitride laser world record result ASX-listed compound semiconductor developer and maker BluGlass has announced what it says is a world record for power produced by a single-mode gallium nitride (GaN) laser. In a statement on Tuesday, the company…
The Victorian government has announced funding of $5.1 million to accelerator programs and the Wade Institute of Entrepreneurship, in an announcement they said will support “up to 165 early-stage startups”. According to a statement from minister for economic growth Danny Pearson on Tuesday, the funding will assist startups in accessing “resources, mentorship and vital capital”.…
MCi Carbon has announced its fourth piece of funding from a Japanese investor, with Mitsubishi UBE Cement Corporation (MUCC) taking a $US 5 million (approximately $8 million) stake in the carbon capture and reuse technology startup. In a statement on Wednesday, MCi said the current fundraising round of over $US20 million ($32 million) was committed…
In the second profile for our Australia’s 50 Most Innovative Manufacturers campaign, we look at Temora, NSW-based Smith’s BBQs. Brent Balinski spoke to owner John Smith. Made to last. Compact. Easy to start. Easy to clean. Safe to use. A high temperature when set on high and low temperature on low. Solid cast plate. Protection…
State government-backed venture fund Breakthrough Victoria has announced a new $7.5 million Breakthrough Fellowship Program, aimed at supporting researcher entrepreneur talent. According to a statement from the organisation on Friday, the program aims to cultivate “the next generation of startup founders from Victorian universities and medical research institutes” and is predicted to “establish up to…
There are many reasons why promising startups pack it in. For one venture, formed to commercialise a breakthrough in wind turbine design, it came down to the scarcity and eventual disappearance of certain components. After forming in 2018 and eventually designing a suitably efficient controller to go with their super-efficient turbine and shroud design, Diffuse…
The Victorian government is providing a new wave of funding for agriculture tech startup companies. State Minister for Agriculture, Ros Spence, unveiled an additional $1 million in funding under the AgTech Grants program, which will provide up to $50,000 for eligible startups. The program is delivered in partnership with LaunchVic, the state’s startup agency, which…
The University of Wollongong’s innovation hub iAccelerate has calculated that its companies generated $75.3 million in sales in the 2023 calendar year, and a total of $416.5 million since its establishment in 2016. According to a statement from UoW on Thursday, its iAccelerate 2023 Impact Report calculated that companies paid $22.3 million through salaries and…
CSIRO has invited start-ups and SMEs working in digital health and medical technologies to apply for its upcoming Innovate to Grow program, which is held online, runs for ten weeks, and is free to successful applicants.. According to a statement from the organisation on Monday, the program is designed to assist companies operating in critical…
Startups and small to mid-sized enterprises (SMEs) in India and Australia working on circular economy technologies could benefit from a new accelerator programme designed to explore opportunities between the two countries. The India Australia Rapid Innovation and Startup Expansion (RISE) Accelerator is delivered in partnership between CSIRO and Atal Innovation Mission (AIM), the Government of…
