Schneider Electric

SQC among 6 startups sharing $12.3 million in quantum grants

Six Australian quantum startups, including Silicon Quantum Computing and QuantX Labs, have received federal grants totalling $12.3 million under the Critical Technologies Challenge Program for projects in energy, health, biosecurity and logistics.

Gratifii acquires Simplicity Australasia

ASX-listed rewards firm Gratifii has announced a deal taking over Auckland-based points specialist Simplicity Australasia, backed by a freshly secured $10m placement that also funds a stake in marketplace business Marketplacer.

Also Dealroom·grafa.com

Pioneering VC fund Uniseed doubles its backers as five universities, including Monash, UTS and Macquarie, chip in

Uniseed adds Monash and a four-university NSW collaboration, lifting its third fund by $6.75 million to $56.75 million; the article recalls past portfolio sales to Novartis, Shire and Schneider Electric.

Queensland mining tech startup unearths $43 million in Series B

Brisbane ore-scanning company Plotlogic has raised a Series B with Galvanise, Schneider Electric's venture arm and CSIRO's Main Sequence participating, the latter drawing on a freshly announced $450 million fund.

Also @AuManufacturing·SmartCompany·Forbes Australia·Forbes Australia

Utilising local power poles for street-side EV charging

The renewable energy agency funds a company's trial putting fifty electric vehicle chargers on street power poles across nine New South Wales council areas, with partners supplying hardware, charging services and green power.

Leading Edge DC secures $30M for regional network rollout

Leading Edge Data Centres has received a 30 million dollar equity investment from DigitalBridge Group to speed up its regional Australian edge data centre expansion over the next two years.

Manufacturing news briefs – stories you might have missed

Manufacturing roundup: 3D Metalforge raises funds via placement, Recce Pharmaceuticals lands an R&D tax rebate, CoDeAc unveils a nuclear detection solution, A2EP plans a webinar, and Varley Rafael advances local missile production.

UniSuper tips $75 million into early stage VC Uniseed

UniSuper commits $75 million to Uniseed, the research commercialisation fund owned by four universities and CSIRO, its first venture investment; past portfolio sales to Schneider Electric, RTP Co and Novartis are recalled.

Schneider Electric completes acquisition of Australian IoT company

Schneider Electric has finished buying Aurtra, a University of Queensland power-asset-monitoring spinout. Its sensor technology and team, including co-founder Terry Woodcroft, now sit inside the French group's digital transformer services business.

Also ARN (ARNnet)·Startup Daily·Startup Daily·Startup Daily·@AuManufacturing