Airbus

Australian SAF startup raises $22M with Qantas, Airbus backing

Qantas and Airbus backed an unnamed Australian company's A$30 million raise to advance a Queensland plant that would make lower-carbon jet fuel.

Wildfire Energy secures Queensland government funding for Bulwer Island Biofuels Hub

Wildfire Energy receives an 18.56 million dollar Queensland government grant for its Bulwer Island Biofuels Hub, with the article recalling earlier ARENA funding and a Climate Tech Partners investment.

Qantas, Airbus back $2M raise for Wildfire's waste-to-fuel tech

Wildfire Energy, a Brisbane waste-to-fuels startup, secured A$2m from Qantas, Airbus and Climate Tech Partners, plus an A$3.15m government grant, to scale technology that turns waste into low-carbon fuels.

Also Startup Daily

Climate Tech Partners invest into Wildfire Energy

Wildfire Energy, an Australian waste-to-energy developer, received $2 million from Climate Tech Partners, Qantas and Airbus, plus a separate $3.15 million ARENA grant for bio-methanol production work.

Cheque-in: 10 ANZ startups raised nearly $193 million this week

Weekly roundup of ten Australian and New Zealand startup raises totalling nearly $194 million, topped by Neara's $90 million round at a $1.1 billion valuation, with Splose, Operata, HAMR Energy and Adora also covered.

Qantas and Airbus back $10 million Series A for methanol startup

Methanol venture HAMR Energy has secured ten million dollars in Series A backing from Qantas, Airbus and Thyssenkrupp Uhde for its Victorian renewable fuel projects.

HAMR Energy lands $10 million runway from Qantas and Airbus

HAMR Energy, an Australian low-carbon fuels company, has closed a $10 million Series A backed by Airbus, Qantas and Thyssenkrupp Uhde to advance its sustainable fuel projects in Victoria.

Also Startup Daily·Startup Daily

AR 2024/25: Breakthrough Victoria's J-Curve Moment

Breakthrough Victoria's CEO reviews its 2024/25 year: growing capital base, strong co-investment leverage, portfolio milestones including Amber's $10m raise, first fellows awarded, and projected economic impact ahead.

Also Startup Daily·Startup Daily·RenewEconomy

Series A-focused climate tech VC hits $50 million for fund’s 1st close

Climate Tech Partners has reached a $50 million first close on its debut climate tech fund, backed by Australian Ethical, the CEFC, Qantas, Airbus and Daniel Besen's family office.

Qantas and Airbus tip $15 million into VC Climate Tech Partners for aviation emissions reduction startups

Qantas and Airbus have committed A$15 million to Climate Tech Partners, a local VC, to back startups in sustainable aviation fuel and aviation decarbonisation, drawing on their 2022 US$200 million SAF partnership.

ARENA backs Jet Zero for sustainable aviation fuel

Government energy agency ARENA announced $9 million in funding for Jet Zero Australia's Townsville sustainable aviation fuel project, with Queensland adding $5 million toward the FEED study; Qantas, Airbus and Idemitsu Kosan are consortium partners.

Oceania Biofuels pulls $500m Gladstone project as another bubble bursts

Oceania Biofuels withdraws its planned Gladstone refinery from federal approval; the article surveys a biofuels sector in retreat, from Fulcrum's US collapse to Carnarvon abandoning a WA plant and Jet Zero's new backers.

Hydrogen Energy Is Getting A Heavy Infusion Of VC Funding

Crunchbase News surveys the recent surge in venture funding for hydrogen startups, profiling 13 companies — among them Hysata, Koloma, Electric Hydrogen, HysetCo, Tree Energy Solutions and ZeroAvia — and their latest rounds.

Keynote speaker announced for Australia’s 50 Most Innovative Manufacturers awards event

Ahead of its 50 Most Innovative Manufacturers awards breakfast, @AuManufacturing names Advanced Navigation chief executive Xavier Orr as keynote speaker, recounting his company's gyroscope manufacturing, Botany factory and underwater exploration work.

Investment Announcement: $4m Follow-on Investment into Jet Zero

Dragonfly Enviro Capital has put a further $4 million into Jet Zero as part of the company's recently announced $30 million raise, with Qantas and Airbus also taking part.

Also Early VC

DePIN platform peaq raises $15M ahead of launch

Manufacturing news briefs — stories you might have missed

Manufacturing roundup: Legrand buys NZ cable firm MSS; ClearVue lands a $4m placement; Nova Systems appoints Dean Rosenfield CEO; Diraq, having recently raised $29m, advertises 14 roles.

Also SmartCompany·@AuManufacturing·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Early VC·@AuManufacturing·Startup Daily

Manufacturing news briefs — stories you might have missed

Roundup: Arafura Rare Earths banks $25m for its rare earths project; Incitec Pivot, Electro Optic Systems and Alpha HPA announce leadership changes; Titomic extends its MD's contract; Cobram Estate grows US olive output.

Manufacturing news briefs — stories you might have missed

Manufacturing briefs: Victoria backs a skills program, Titomic supplies an Air France subsidiary, a pool-technology firm hires a sales chief, Bod Science banks a tax rebate, and Amaero completes a placement.

Moon-bound manufacturer says prestige projects help remedy skills shortages

Podcast interview in which Advanced Navigation co-founder Xavier Orr discusses the company's new Botany factory, lunar landing sensors, a reported billion-dollar Series B valuation, and hiring in a tight skills market.

Q-CTRL dives into quantum R&D with Sydney HQ

Quantum control software firm Q-CTRL is opening a purpose-built Sydney headquarters for quantum research, product development and commercialisation, backed by NSW and federal government funding, with opening expected late 2023.

Also @AuManufacturing·SmartCompany·SmartCompany·@AuManufacturing

The Week in AgriFoodTech: Restaurant order app me&u bagged $30m, Remilk approved for Israeli markets, biomaterials bonanza

Weekly roundup reporting me&u's Series C, several agrifoodtech fundraises across Europe, Danone's stake in Imagindairy, Remilk's Israeli approval, plus partnerships, launches and layoffs.

Also Forbes Australia·SmartCompany

KKR backs Aussie robotics company in blockbuster $108m raise

US giant KKR joined navigation-technology maker Advanced Navigation's $108 million Series B, alongside returning local backers; the company also bought ANU spin-out Vai Photonics, and two KKR staff will join its board.

Also @AuManufacturing·SmartCompany·Startup Daily·Techboard·SmartCompany·Forbes Australia

This Aussie company is a world beater set to save lives at sea with drone rescue technology

Profile of Aeromech, a Brisbane company developing the SARGO rescue drone for maritime search and rescue, founded by Joe Bryant, which received Queensland government Ignite 8 funding in April 2022.

Manufacturing news briefs — stories you might have missed

News roundup: Elsight locks in $8 million through convertible notes; Northrop Grumman extends its Quickstep supply agreement; Titomic grows US sales; Fleet Space to survey for Core Lithium; Venture Catalyst Space applications open.

Funding roundup May 1 - May 5: $65m for Shippit in B2 raise

A weekly roundup reporting Shippit's $65 million Series B2, several startup raises, Chrysos Corp's ASX listing, and Shopify's acquisition of Deliverr.

Also Startup Daily·Techboard

Advanced Navigation acquires ANU tech spin-out

Robotics firm Advanced Navigation, backed by publisher OIF, is buying ANU spin-out Vai Photonics in an all-scrip deal of up to $40m; Vai's navigation tech is in talks with NASA.

Also OIF Ventures portfolio·Startup Daily·Dynamic Business·Startup Daily

Turnbull's AI robotics bet taps investors for blockbuster raising

Advanced Navigation, with Malcolm Turnbull on its board, is seeking $80-135 million; the piece recalls its 2019 $20 million Series A and Minderoo's strategic investment.

Also @AuManufacturing·SmartCompany·SmartCompany·Forbes Australia

SAP to acquire leading provider of working capital management solutions, Taulia

SAP announced its intention to acquire a majority stake in working capital management provider Taulia, which will keep its brand and CEO, while J.P. Morgan maintains its alliance and equity stake. Financial terms undisclosed.

Nine startups that raised a combined $70 million this week

Roundup of nine startup raises totalling $70 million, including Q-CTRL's Series B, Foundry Lab's round led by Blackbird, and EnGeneIC's crowdfunded COVID-19 vaccine raise, plus a new Elenium Automation board member.

Also Startup Daily·Techboard·SmartCompany·SmartCompany·Startup Daily

Aussie AI start-up raises $20m after hooking Boeing and Tesla deals

Deep tech firm Advanced Navigation, based in Sydney, has secured $20m from CSIRO's venture arm Main Sequence plus two US funds; two investors take board seats. OIF backed it earlier.