The 8 Australian startups on Forbes Asia's 100 To Watch list
Eight Australian companies make Forbes Asia's annual 100 To Watch list; the piece profiles each and recaps recent raises across climate tech, health and software.
Company
Every investor coverage indicates participated in a round General Motors raised.
Companies General Motors acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming General Motors. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Eight Australian companies make Forbes Asia's annual 100 To Watch list; the piece profiles each and recaps recent raises across climate tech, health and software.
Queensland will put $8 million toward readying Queensland Pacific Metals' Townsville refinery project for investors, joining a recent federal commitment of the same size; the venture targets makers of EVs, batteries and steel.
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Roundup of Australian manufacturing news: Matrak closes a Series A, Queensland Pacific Metals receives an R&D tax refund, ARENA funds a household energy trial, Ampcontrol appoints a transformation chief, plus policy and launch briefs.
Also @AuManufacturing
AuManufacturing columnist Peter Roberts laments the cut-price sale of wheel maker Carbon Revolution to US backers and reports plans for Mexican production, citing Tritium's offshore shift as another local manufacturing loss.
Geelong carbon wheel maker Carbon Revolution added four US automotive directors and lined up a financing of up to US$110 million with Orion Infrastructure Capital before its expected US sharemarket debut.
Queensland Pacific Metals reports pilot-scale nickel sulfate production meeting offtake specs at SGS Canada, supporting its Townsville refinery project, and recalls a $5 million federal critical minerals grant received in May.
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
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
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
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.
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South Korean battery maker LG Energy Solution's shares nearly doubled in their Korean Stock Exchange debut, valuing the company near A$125 billion in Asia's second-largest IPO.
A Q&A with the Plexus chief executive covering the company's 2011 founding, its Legal Gateway platform, client pricing reform, emerging legal roles, and his outlook for the profession.