Dickie Currer

2 months ago | smartcompany.com.au | Jennifer Dudley-Nicholson |Dickie Currer |Kristen Sobeck |Brianna Boecker

Australia could deliver breakthroughs in clean energy, battery technologies, artificial intelligence and vaccines, an industry group has predicted, if policies are urgently changed to boost local research and development. The Australian Academy of Technological Sciences and Engineering issued the call on Monday in a report outlining changes it said could lift research investments from historic lows and improve collaboration between businesses and research groups.

2 months ago | smartcompany.com.au | Eloise Keating |Alexandra Cain |Dickie Currer |Olivia Cleal

This week’s funding roundup includes startups deploying artificial intelligence to address healthcare, aged care, and the gender pay gap, and two homegrown ventures building specialty software tools. Elsewhere, one startup’s funding announcement coincided with its involvement in Super Bowl LIX, and another is pledging to make e-commerce sales more efficient. Keep reading to learn more about the startups that accumulated nearly $208 million in new capital this week.

2 months ago | smartcompany.com.au | Tegan Jones |Simon Crerar |Penny Locaso |Dickie Currer

Melbourne-based enterprise technology startup Factor House has raised $5 million in seed funding to accelerate the launch of its flagship product, the Factor Platform. According to the business, the platform simplifies real-time data management for businesses of all sizes. The funding round was led by Blackbird Ventures, with participation from OIF Ventures, Flying Fox Ventures, and LaunchVic’s Alice Anderson Fund.

2 months ago | smartcompany.com.au | Tegan Jones |Alexandra Cain |Dickie Currer |Olivia Cleal

Australian healthcare AI company Harrison.ai has raised $179 million in a Series C funding round, marking one of the largest capital raises in Australia’s medtech sector.  This follows a $129 million funding round back in 2021. The round was co-led by Aware Super, ECP, and Horizons Ventures, with new investors including the National Reconstruction Fund, Ord Minnett, and Wollemi Capital Group. They were also joined by existing backers Blackbird Ventures and Alpha JWC Ventures.