Agtech startup FluroSat has secured $1.5 million in funding for its crop health monitoring technology from CSIRO Main Sequence Ventures, AirTree Ventures, and strategic agricultural investors lead by CRDC. In addition to the equity funding, Flurosat has also secured several grants with the help of deep tech startup Cicada Innovations and its Growlab accelerator program. To […]
As competition heats up in the venture capital space, it’s becoming tougher for VC firms to participate in funding rounds. Meanwhile, deep-tech startups face difficulties attracting ‘smart money’ in the seed stage because investors lack domain expertise and patience. These were some of the takeaway message from a panel discussion held at the Global Mobile Internet […]
Great sci-tech innovations are trapped in the university system because there has been a failure to properly test them with potential customers in mind, according to Steve Brodie, the new Managing Director of CSIRO’s ON Accelerator program. Established in 2015, ON assists researchers from the fields of science and technology to validate – and discover a […]
Providing female startup founders in rural, regional and remote areas with access to face-to-face and virtual capacity-building opportunities, including mentorship, will help build Australia’s entrepreneurial muscle, according to Retha Wiesner, founder of WiRE. Launched in early 2017 out of the University of Southern Queensland (USQ) – where Wiesner is Professor of HR Management –WiRE (Women […]
The opportunity for small to medium sized businesses to make the switch to solar and batteries is stronger than it has ever been. Similar to households, small businesses typically pay high electricity rates and unlike big businesses, possess less negotiating power on energy retail costs. Small businesses also tend to have tighter budgets when it […]
Evergen is taking advantage of a “once-in-a-hundred-years” opportunity for startups to gain ground against Australia’s legacy energy retailers, its CEO told Dynamic Business. Launched in August, last year, Evergen sells intelligent home energy systems that utilise solar power, batteries and CSIRO technology, which has been exclusively licensed to the energy services startup. Co-founded by Emlyn Keane […]
Former StartupAUS CEO and chair Peter Bradd, whose enterprise innovation consultancy Beanstalk Factory was named one of Westpac’s Businesses of Tomorrow, recently sat down with former IBM (ANZ) and Telstra CEO David Thodey to discuss the the value of (and barriers to) innovation plus the need for processes that ‘allow people to move faster’. Asked by Bradd to define ‘innovation’, Thodey, […]
Australia’s small business exporters are concerned about accessing finance for their export journey. This isn’t a new concern, but it is one that can be addressed. This article outlines some of the perceptions of, and challenges in, accessing export finance, as well as the ways that Australian small businesses are overcoming this challenge. Access to finance […]
Half of Australia’s small business owners will fall short on retirement savings, and one in four anticipate they will need to rely on the government pension in later years.
The CSIRO launched the Digital Productivity and Services Flagship this week at an event in Sydney, with the aim of helping Australia improve productivity, particularly in the services sector.
