Startup · $9.8m raised
Macquarie Park, NSW
Every investor coverage indicates participated in a round EMVision Medical Devices raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Stroke Alliance | Grant | - |
| Medical Research Future Fund | Grant | - |
| Modern Manufacturing Initiative | Grant · Grant | - |
| NSW Health Medical Devices Fund | Grant | $2,500,000 |
| the federal government | Grant · Grant | $6,750,000 |
Companies EMVision Medical Devices acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming EMVision Medical Devices. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian medtech firm EMVision met milestones to unlock a $1.17M government grant instalment for commercialising its portable stroke scanner, drawing on a $5M Industry Growth Program award.
Roundup of Australian manufacturing news: OncoSil, K-TIG and Aurora Labs complete or commit raises, Amplia opens an offer, Siemens agrees to buy Altair, CSIRO unveils a printed-solar facility, and a WA medical alliance grows.
EMVision has built the prototype of a lightweight brain scanner for ambulances, developed for an Australian stroke research group with federal funding, and has lodged paperwork to trigger a further milestone payment.
EMVision has finished its first scanner production line and collected the last milestone instalment of a federal manufacturing grant, taking the brain-imaging company's award to its full value.
Roundup of brief manufacturing news: Wide Open Agriculture offloading Dirty Clean Food to its CEO's company, Osteopore launching a shareholder offer, an EMVision grant milestone, executive moves, a diving-training partnership and university scholarships.
Micro-X has released footage of its portable head scanner for diagnosing strokes in ambulances, built with $8 million flowing from a government grant to the Australian Stroke Alliance; EMVision is developing similar technology.
EMVision reports encouraging early results for its 'blood or not' algorithm that spots brain bleeds, developed with Australian Stroke Alliance grant support; Stage 2 testing of the full system comes next.
Australian manufacturing roundup: Zip Water appoints a marketing director, EMVision triggers a milestone payment, Kleos Space faces bankruptcy, AnteoTech secures placement commitments, and LaunchVic funds two women-founder pre-accelerators.
Brain scanner developer EMVision has received a $1.75 million milestone payment from its federal government grant, with remaining instalments tied to manufacturing milestones expected before May 2024.
Also @AuManufacturing
Roundup of Australian manufacturing news: ARM Hub's anniversary, DroneShield orders, EMVision's milestone grant, SciDev results, a SEA Electric hire, ATSE's policy submission, and spaceport funding for Koonibba.
Roundup of Australian manufacturing items: EMVision collects grant money, Anduril completes a large Series E, Adherium receives a tax incentive payment, Tindo Solar's sales double, and Glaciem wins a New York clean energy program place.
Also Forbes Australia
News roundup: EMVision receives a $2.5 million NSW medical devices grant, ADDE appoints a liquidator, DroneShield wins an order, SciDev and Q-CTRL name executives, and ReNu Energy signs a non-binding term sheet with HESTA.
Also @AuManufacturing