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Unnamed stage $5.6m

OncoSil Medical wins major investor backing to take its cancer device global

OncoSil Medical has raised $5.6m from three large existing shareholders to fund overseas and domestic launches of its radiation therapy, after winning TGA and FDA clearances for pancreatic and bile duct cancer use.

Funding announcement

Six Australian infectious disease ventures share $10.48 million in funding round

An Australian infectious-disease incubator has selected six local biotechs to divide $10.48 million from its inaugural funding round, pairing non-dilutive cash with commercialisation support; the program is backed by an earlier MRFF grant.

Funding announcement

CUREator+ backs six Australian startups with $13.5 million to advance new health technologies

Six Australian health tech startups received a combined $13.5 million in non-dilutive funding from the CUREator+ program, supported by the Australian Government.

Key hire

Percheron turns to former Arovella chief Michael Baker for next phase of HMBD-002 development

Percheron Therapeutics has appointed Arovella Therapeutics' former leader Michael Baker as CEO from October, with James Garner departing for an overseas role while joining the board as a non-executive director.

Series A $6m

Ferronova secures funding to advance nanoparticle technology for cancer surgery

Adelaide medtech Ferronova added $6 million to its Series A for image-guided cancer surgery, led by Uniseed/UniSuper, South Australian Venture Capital Fund, Artesian and Renew Pharmaceuticals; Renew's parent UltraGreen.ai recently listed in Singapore.

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