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Rio Tinto ups stake in Sovereign Metals with $18.5M investment

Sovereign Metals announced that Rio Tint has exercised all its share options, increasing its shareholding in Sovereign to 19.76 per cent.

Gov’t allocates $12.6 billion for research and development

The Australian Government announced a substantial increase in funding for research and development (R&D), with an injection of $12.6 billion aimed at bolstering Australian innovation this year.

Dotz clinches $12M for DOTZearth carbon capture technology dev’t

ASX-listed Dotz Nano Limited has entered into a funding agreement with a US-based investment fund, raising $12 million to accelerate the development and commercialisation of the firm's carbon capture technology.

Uniseed venture fund expands with top universities joining forces

Uniseed, Australia’s pioneering venture fund, has taken a significant move forward in advancing Australian innovation with the announcement of an expansive collaboration with leading universities.
Victoria

Expressions of interest now open for Victoria’s industry R&D fund

The Victorian Government is seeking expressions of interest for the Made in Victoria - Industry R&D Infrastructure Fund worth $15 million in a push to promote the expansion of Victoria's capabilities across key industrial sectors.

ARENA opens $30m fund to reduce emissions in aviation industry

The Australian Renewable Energy Agency (ARENA) announced the launch of a $30 million Sustainable Aviation Fuels (SAF) Funding Initiative to reduce emissions in the aviation sector.

New Artesian and ilab $10 million capital fund for Queensland start-ups

Australian licensed fund manager Artesian Capital Management has established a $10 million early stage investment fund with the ilab incubator which is based at...

SA Government expands $15m Regional Development Fund

The State Government of South Australia has announced that it has expanded the Regional Development Fund from $1.6 million to $15 million per year...

General Motors announces further recalls

General Motors issued three safety and one non-compliance recalls of various models across its product range, adding further 105,688 vehicles to the more than 15.8...
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Smarter energy decisions: GridBeyond unveils AI-powered Bid Optimiser in Australia

As Australia’s energy transition accelerates, businesses participating in the National Electricity Market (NEM) are facing growing challenges in managing their energy assets efficiently.