Brandon Capital led cancer therapeutics startup Myricx Bio’s $8.5m seed round in 2019. Now Novartis is buying it for up to $2.16 billion. One of Australia’s longest tenured VC firms will soon enjoy its best ever return on a single investment following Novartis’ US$1.1 billion ($1.58 billion) acquisition of London biotech startup Myricx Bio. Melbourne-headquartered […]
After forging deals with Lululemon and LSKD for its recycled fabrics, Samsara Eco is looking to develop a means of extracting and reusing rare earth metals.
After raising over $150 million, deep tech unicorn Advanced Navigation is expanding internationally with a manufacturing plant in Alabama and upcoming acquisitions across the US and Europe.
Blackbird-backed startup Vow has cut jobs and gotten a new CEO as it looks to use its cell-culture technology to expand beyond the development of lab-grown meats.
MCi Carbon’s technology captures carbon and used it to create building materials, a double whammy in C02 reduction. After the grand opening of its first carbon refinery on Wednesday, it’s hoping to cap its next capital raise by the end of the year.
Airtree and the NRF led a $158 million round in March that valued Advanced Navigation at over $1 billion. Documents lodged with ASIC reveal a sharp rise in revenue and a fall in losses in the lead up to that unicorn round.
Gray Swan works with every major frontier AI lab. Now it’s raised $40 million as it expands to sell security tools to enterprises building AI agents.
Australian Retirement Trust has backed Gilmour Space Technologies, extending the startup’s $217 million Series E which valued it at over $1 billion.
Airtree co-founder Daniel Petre has problems with the Labor Government’s proposed changes to capital gains taxation, but says “screeds” on LinkedIn won’t solve anything.
Cofounded in 2019 by former consultant Jennifer Smith, Scribe’s software helps hundreds of thousands of companies record what their employees do so AI agents can take over repetitive tasks in the future.