Startup · $2m raised · Education
University partnering with Green Gravity on technology development
Wollongong, NSW
Every investor coverage indicates participated in a round University of Wollongong raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Renewable Energy Agency | Grant | $2,000,000 |
Companies University of Wollongong acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming University of Wollongong. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Hysata has received an ARENA grant of up to $49 million to build a commercial-scale electrolyser manufacturing line at Port Kembla, with UOW and TAFE NSW Illawarra supporting workforce training around the project.
Hysata has started production on the first line of its AI-monitored electrolyser factory at Port Kembla, within a project worth nearly $100 million, and plans to expand capacity to 200 megawatts.
University of Wollongong researchers won government funding for a quantum photon-counting cancer imaging system and partnered with radiotherapy maker Elekta, moving the technology toward clinical trials.
A Wollongong hydrogen spin-out is shortlisted for a national award recognising research commercialisation; the profile recaps its electrolyser technology, Port Kembla headquarters, jobs and backing.
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Eight university- and company-led Australian quantum projects share $12.7 million in stage-two Critical Technologies Challenge Program grants, funding prototypes for data-centre cooling, medical imaging and rare-earth detection.
Wollongong battery materials maker Sicona has secured AU$15 million from existing backer Himadri Speciality Chemical, which will license its silicon-carbon anode technology and fund an Indian production plant.
Also RenewEconomy·RenewEconomy
Manufacturing roundup: Nourish Ingredients' precision fermentation milestone, MyNu Energy's investment from Melt Ventures, a refused Veolia licence, AusBiotech committee applications, UOW community batteries, a Gold Coast rail contract, and Premcar's South African launch.
Virescent Ventures partner Blair Pritchard reflects on Hysata, the Wollongong electrolyser spinout whose $172 million Series B he led, covering its technology, culture, customers and the green hydrogen market outlook.
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Wollongong spin-out Sicona is expanding into the United States with a plant making silicon-carbon battery ingredients, aiming to extend electric vehicle range; the EnergyLab accelerator alumnus secured $22 million during 2023.
A Wollongong university accelerator's impact report tallies its startups' 2023 sales and jobs, and recalls welding-software maker Verbotics attracting seed backing and a six-figure federal grant.
Australia's renewable energy agency handed out $59.1 million in grants across two rounds, backing 21 university, CRC and startup projects in green hydrogen and cleaner iron and steel production.
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The Australian Renewable Energy Agency has expanded its hydrogen and green metals research funding to $59.1 million across 21 projects, with recipients including Hysata, Curtin University and Fortescue subsidiary MIH2.
AuManufacturing briefs: Envirostream's LG recycling deal, Birdon's new harbour vessels, Vitrolife orders for Memphasys, Hazer's oversubscribed share plan, Cyclopharm's first US scans, an MGA job opening, Moderna fellowships and a UOW rover entry.
Roundup of Australian manufacturing news: Gaia EnviroTech's post-investment board meeting with RFC Ambrian, Arafura's chief executive change, Adbri's maintenance shutdown, BioCarbon's relocation, and a federal grants round opening.
Vantari VR, which trains doctors in virtual reality, has closed a $7 million pre-Series A led by Co:Act Capital; the article recalls earlier grants, an Epic Games award and a Slingshot accelerator cohort.
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Roundup: ClearVue gets a $935,000 research tax credit; UNSW and Northrop Grumman Australia team up on quantum communications; Sentinel Boats shows an autonomous vessel; UOW leads national research rankings; LETA welcomes CCS progress.
Roundup of manufacturing briefs: biotech Imugene's share plan added A$18.2 million, EVOS shifted its Brisbane head office, ANSTO won federal backing for nuclear medicine, CSIRO endowed Wollongong scholarships, plus two chief executive appointments.
Wollongong BNPL unicorn Scalapay has created a founders' scholarship, granting $10,000 plus an incubator residency; first recipient is Abbl, a brewery software venture started by the couple behind Five Barrel Brewing.
ARENA announces a $20.9 million grant to Wollongong hydrogen electrolyser startup Hysata for a commercial-scale demonstration, with Stanwell contributing $3 million and a site; earlier HyGATE funding is recalled.
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Wollongong silicon anode developer Sicona has closed a Series A backed by Himadri, Artesian and other investors, its second raise after a 2021 pre-Series A, with US expansion plans.
Also @AuManufacturing·SmartCompany·Techboard·SmartCompany·Startup Daily
Steel maker BlueScope commits money and site space at Port Kembla for startup Green Gravity to build a gravity-based energy storage research lab, with construction beginning this month.
Also RenewEconomy
Wollongong electrochemist Gerhard Swiegers has won an ARC Industry Laureate Fellowship with $3.7 million in funding for electrolyser research that underpins green hydrogen startup Hysata.
Manufacturing roundup: Memphasys IVF birth and Japanese orders, FIAL chair change, DroneShield's DroneGun Mk4, Austeng's hydrogen burner grant, UNSW recycling hub launch, Symbio laboratory, apprentice award, and MathWorks joining Universal Robots' ecosystem.
Roundup covering an SME sentiment survey, Renewable Metals winning a Supercharge Australia award, a new Queensland trade commissioner, an FFI green hydrogen power deal, a Siemens emissions pilot, and a CDU drones grant.
EnergyLab's Supercharge Australia initiative has selected eleven startups for its first Innovation Challenge, covering lithium batteries, EV conversion and recycling, with experts judging a Sydney pitch event in March.
Manufacturing roundup covering Cyclopharm's tax incentive payment, Carbon Revolution's government grant payments, CEFC's wind farm debt commitment, Adbri's land sales, a Monash energy report and a Wollongong research showcase.
Green Gravity will trial its gravity energy storage in a closed NSW coal mine under an MoU with Yancoal, with a pre-feasibility study due in 2023, after a May capital raise.
Roundup of manufacturing items: a training milestone at Nova Systems, Gilmour Space rocket work, a Lockheed Martin STEM program, an ATSE infrastructure statement, a steel research hub launch, and Queensland's new startup fund.
A manufacturing roundup covering a university research grant, a clinker terminal groundbreaking, quantum chip progress, a share placement, a pumped hydro plan, and an autonomous vessel demonstration.
Blackbird's founder profile interviews Inventia Life Sciences' CEO about his career, co-founders and the RASTRUM 3D bioprinting platform, recalling the firm's early investment in the Sydney biotech company.
Green Gravity, a new Australian venture developing gravity-based power storage inside abandoned mine shafts and led by Mark Swinnerton, formerly of BHP, has early private backing and is in talks with governments and VCs.
Wollongong-born buy-now-pay-later firm Scalapay has reached unicorn valuation after closing a large Series B jointly led by Tencent and Willoughby Capital, following its September 2021 Series A, and plans growth via acquisitions.
Wollongong IoT firm Binary Tech, born from beer-keg tracking, has closed a seed round led by Artesian with Beachhead and angels, following earlier iAccelerate Seed Fund backing, to expand supply-chain tracking devices.
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