CEO, Jupiter Ionics
Stories naming Dr Charlie Day. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Health technology governance veteran Sergio Duchini joins ANDHealth's board, adding capital markets and R&D commercialisation expertise to the digital health accelerator.
The fund's authors recap two climate-investment events, weighing the massive global capital needs, mixed public-private funding models, and its clean-economy portfolio activity in Victoria.
Emissions-free ammonia developer Jupiter Ionics has raised $9 million, adding Breakthrough Victoria, CIMIC Group and Wesfarmers Chemicals, Energy & Fertilisers to its earlier backers, and also recalls a $2.65 million grant from 2022.
Tenacious Ventures led a A$2.5 million seed round in Jupiter Ionics, a Monash University spin-out making green ammonia electrochemically. Funds go to R&D and commercialization; Tenacious also recently closed its $27 million maiden fund.
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.
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Monash University has licensed its fossil-free ammonia process to spin-off Jupiter Ionics, which secured seed funding to commercialise the zero-emission production technique.
Tenacious Ventures' investment note on its participation in Jupiter Ionics' AUD 2.5 million seed round; the startup develops carbon-neutral ammonia production using technology invented at Monash University.