Ledger. Australian venture funding, tracked

Company

Intuitive Machines

Company behind lunar lander missions

Coverage

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

2 deals

Advanced Navigation raises $158 million Series C round with NRFC backing

Navigation technology firm Advanced Navigation has banked a $158 million Series C, with Airtree leading and Quadrant plus the NRFC taking part, funding global expansion and Australian manufacturing scale-up.

Also Dealroom·Tech Funding News - Australia·SmartCompany·Startup Daily·SmartCompany·Forbes Australia

Funding announcement

Towards 3% R&D – Reach for the Moon to innovate by Xavier Orr

Opinion piece by Advanced Navigation's CEO in an @AuManufacturing series arguing for space R&D investment, citing the company's $5.2 million Australian Space Agency grant and Space Machines' satellite launch.

4 deals

Manufacturing news briefs – stories you might have missed

Manufacturing briefs roundup: WA government commits $5m to space facility Fugro SpAARC; Starpharma and Micro-X receive R&D tax refunds; Bulla licenses Violet Crumble for ice cream; SCEE wins $50m in contracts.

2 deals

AROSE and EPE to design lunar rovers following grant awards

Two Australian consortia, AROSE and one involving EPE and Lunar Outpost Oceania, each received a four million dollar grant under the Space Agency's Trailblazer programme to design lunar rover prototypes.

Series B $108m

KKR backs Aussie robotics company in blockbuster $108m raise

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

Something wrong? Tell us