CIMIC Group

Early VC #6 - Fremantle Seaweed raised $1.26 million

Fremantle Seaweed, Vanable, FLK it over, Bae Juice, Nullify, Recce Pharmaceuticals, Broad Radio, VaultEscrow, Esper, Anni, CSF Enterprises, and Jupiter Ionics secured funding through various rounds including crowdfunding, seed, and grants.

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Four Aussie startups that raised $29 million this week

Roundup of four Australian startups that each announced fresh capital this week: a caregiver healthcare app, a green ammonia producer, a clean energy project modelling platform, and a wellness advice marketplace.

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Green ammonia company Jupiter Ionics raises $9 million

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.

Jupiter Ionics

Breakthrough Victoria puts $4 million into Jupiter Ionics' $9 million Series A for its green ammonia cell technology, alongside Wesfarmers Chemicals, Energy & Fertilisers and CIMIC Group.

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Eaton Square Advises Onyx Projects on its sale to Sedgman

Eaton Square acted for Onyx Projects' shareholders in the firm's sale to Sedgman, a CIMIC subsidiary. Both companies' managing directors welcomed the deal, which will broaden Sedgman's minerals processing offering.