Ledger. Australian venture funding, tracked

Company

South Australia

State government; its Minister for Defence and Space Industries commented on Paladin Space

Coverage

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

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WA Government Backs Space Industry With $6.5 Million In Funding

Western Australia's government is putting $6.5 million into the local space sector, dividing it between the AROSE consortium and Curtin University's Binar satellite program, with South Australia's bigger spend cited for comparison.

Series A $6m

Ferronova raises another $6 million to advance image-guided cancer surgery

Adelaide medtech Ferronova has banked another $6 million from returning backers to advance its surgical tracer for cancer, lifting Series A funding to $17.5 million; backer parent UltraGreen.ai floated in Singapore this month.

Also movefm.com.au

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Best of the week — the five most popular stories among readers, February 10 – February 14, 2025

Weekly roundup: CEA Technologies lands a $272m radar contract, five startups receive federal grants, Victorian factory insolvencies climb, and GFG Alliance's Whyalla Steelworks hunts new financing.

Grant $6.2m

South Australia leading the way with energy-smart homes

ARENA puts $6.2 million toward SA Power Networks' Energy Masters trial, equipping 500 South Australian homes with smart devices and energy management tech, alongside state government, research, retail and finance partners.

Also ARENA·ARENA·@AuManufacturing

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Manufacturing news briefs – stories you might have missed

News roundup covering Atomo Diagnostics' committed share placement, Tivan's port agreement, KBR's reconciliation plan, Elexon's innovation award, ReNu Energy's hydrogen refuelling brand and EQ Resources' new ore sorter.

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Ferronova secures A$11 million to advance nanotech image-guided cancer therapy

Adelaide biotech Ferronova announced an A$11 million package: an A$8 million round led by Ireland's Renew Pharmaceuticals plus an A$3 million government CRC-P grant, with existing shareholders Uniseed and Artesian also participating.

Funding announcement

Ferronova secures $3.5m Series A funding led by Uniseed

Cancer-detection nanotech developer Ferronova announced a $3.5 million Series A round, with Uniseed leading, to fund planned human trials across several cancer types; research partners span four universities.

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