Julian Broadbent

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.

Autonomous industrial EV platform drives $57 million Series B

Melbourne autonomous EV maker Applied Electric Vehicles has secured US$40 million in Series B funding, with the National Reconstruction Fund contributing $30.7 million alongside Barrenjoey, Japan Post Capital, Suzuki and St Baker.

National Reconstruction Fund’s first transport investment supports energy transition with $30.7 million equity stake in Applied Electric Vehicles

Australia's National Reconstruction Fund has put $30.7 million into Melbourne autonomous vehicle maker Applied EV as the largest slice of a US$40 million Series B alongside Barrenjoey and Japan Post Capital.

NRF bets big on driverless cars as Applied EV raises $57 million

The National Reconstruction Fund has put $30.7 million into Melbourne autonomous vehicle maker Applied EV, forming most of its $57 million Series B alongside Barrenjoey and Japan Post Capital.

Also SmartCompany·Startup Daily

Suzuki Motor Corporation invests in Australian Technology company, Applied EV.

Suzuki has taken an undisclosed strategic stake in Applied EV, an Australian developer of software-based vehicle control systems, to speed development work for future mobility applications.

Also Startup Daily·Techboard