Leonardo.AI, the Australian developer of a rapidly growing generative AI art platform, will be acquired by graphic design giant Canva for an undisclosed sum. Although only launched in December 2022,...
Biosecurity startup ExoFlare has closed a $5.3 million capital raise to develop its online platform for tracking threats in the agriculture and food supply chain. The seed raise was...
The Australian Renewable Energy Agency has tripled its support for MGA Thermal to help the thermal energy storage company recommence delivery of its demonstration plant after overcoming unexpected challenges...
There was no movement on the amount spent on research and development activity inside government organisations in the first year of the Albanese government when measured as a proportion...
Global funding and large exits for startups fell off a cliff last year with a decline of nearly 50 per cent, but there are some signs of stabilisation and...
Australia’s national privacy office will lose more than $11 million in the next financial year as it faces a funding cliff and a backlog of investigations and freedom of...
Four artificial intelligence centres focused on helping small to medium-sized enterprises safely adopt the technology have been announced by Industry and Science minister Ed Husic. Sharing in $16.3 million,...
The Victorian government has set aside $40 million for its startup agency LaunchVic as part of a 10 per cent increase in overall Budget funding for Industry, Small Business...
Queensland’s new battery industry strategy will be backed by $210 million in new support programs as the state government looks to develop a diversified local supply chain to support...
Federal government spending on R&D programs is expected to rise by almost $330 million this financial year, according to the latest Industry department figures, but science groups say there...