Electrolyser manufacturer Hysata has completed a record-setting Series B funding round worth $US 111.3 million (approximately $172 million) and led by bp Ventures and Templewater. Hysata announced an oversubscribed $42.5 million Series A round in August 2022, with the Series B seeing investors such as Bluescope’s venture business, BluescopeX, Virescent Ventures, the IP Group and…
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…
The University of Wollongong (UOW) has shared details of a new project with industry partner BlueScope Steel for lower-emission steelmaking, which was announced on Wednesday morning as securing $2 million in funding through an Australian Renewable Energy Agency (ARENA) grant round. According to a statement from the university, the project will investigate ways to utilise…
