Ledger. Australian venture funding, tracked

Startup · $51.6m raised

AMSL Aero

Sydney, NSW

Coverage

Stories naming AMSL Aero. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Grant $100k

Manufacturing news briefs — stories you might have missed

Manufacturing roundup: two hydrogen aircraft developers register cryogenic hydrogen tanks, a new WA Chief Scientist begins, a battery recycler wins a state grant, and the steel lobby seeks US tariff relief.

Also @AuManufacturing·@AuManufacturing

Key hire

Manufacturing news briefs — stories you might have missed

Roundup of manufacturing briefs: FBR's US venture option with CRH lapses, Li-S Energy appoints Rick Francis to its board as a director departs, plus sponsorship, TAFE funding, rate commentary and a hydrogen collaboration.

19 deals

$51 million for CRC-P industry research collaborations

Federal grants roundup: 21 Cooperative Research Centres Projects awards worth $51 million in Round 15, with EQ Plastics, Optiscan Imaging and NEXSEN BioTech each receiving $3 million for product development.

Also RenewEconomy

11 deals

Companies prepare drone prototypes for Defence Sovereign UAS Challenge

More than eleven Australian defence firms have contracted to build drone prototypes under ASCA's Sovereign UAS Challenge, with contracts worth a combined $1.21 million and demonstrations planned for April.

Also @AuManufacturing

Funding announcement

Defence to trial drones in Innovation Incubation Challenge

Eleven companies will develop prototype drones for Defence's Sovereign UAS Challenge, run by ASCA, under contracts worth a combined $1.21 million, with demonstrations due in April.

Key hire

Grid Connections: Who’s going where in Australia’s energy transition

A rolling roundup of Australian energy-sector job moves, listing dozens of executives, directors and ministers joining or leaving utilities, regulators, developers and industry bodies between May and December 2023.

9 deals

Seven Aussie startups that raised $93.6 million this week

Seven Australian startups together banked over $90 million in the past seven days across venue software, hydrogen aviation, social media, craft brewing, plastics alternatives, aged-care robotics and accountant training.

Also Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Forbes Australia

2 deals

Manufacturing news briefs — stories you might have missed

Roundup of Australian manufacturing news: Austin Engineering and Thales win government grants, IMCRC hands futuremap to the Australian Industry Group, AMSL Aero completes its eVTOL's first flight, and Gale Pacific reports half-year earnings.

32 deals

FUNDED September 2022 Including September Q Review

Techboard's September 2022 roundup reports Australian raises led by Morse Micro's $140m Series B, several acquisitions including ResApp Health to Pfizer, fund closes by Telstra Ventures, OIF and Main Sequence, and open raises.

Also @AuManufacturing·SmartCompany·SmartCompany

3 deals

Solar plane and electric vertical take-off and landing technologies win Australian grants

AMSL Aero, Praxis Labs and Swinburne's Air Hub won federal grants under the Emerging Aviation Technology Partnerships program, while AMSL Aero also recently secured $5 million from Trevor St Baker's energy innovation fund.

Also @AuManufacturing

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