Technology, Innovation & Science

MGC in Korean supply deal

Medical cannabis company MGC Pharmaceuticals has locked in a supply agreement that it expects to net about $20 million in annual revenue from.

App/tech business of the week ~ SpacetoCo

SpacetoCo is a web-based application that allows users to search, book and pay for the space the user needs wherever he or she is located. It allows anyone who has space to list it for availability for free.

Greenbatch adds new dimension to plastic recycling

Dreamfit founder Darren Lomman is launching WA’s first reprocessing plant to recycle plastic into 3D printing filament.

Time to talk about bots

OPINION: There has been a quiet revolution going on in the way businesses operate, thanks to something you may not have even heard of yet – chatbots.

Nanollose debuts after $5m IPO

Fibre tech company Nanollose has excited investors on its first day of trading on the ASX, following completion of a $5 million initial public offering.

Telstra getting ready to fight TPG

Telstra says competition in the telecommunications sector remains tough and concedes it will probably lose customers to smaller rival TPG Telecom when the market newcomer establishes its own mobile phone network.

Neurotech raises $4m for medical device

Medical technology company Neurotech International has tapped investors for $4 million to fund further development of its Mente Autism device.

Dreamscape in $20m facility deal

Local tech company Dreamscape Networks has agreed to a $20 million cash advance facility with an undisclosed major Australian bank, to fund potential acquisitions.

Schrole up on ASX debut

Recruitment technology company Schrole Group has enjoyed fruitful gains on its first day of trading on the ASX, after completing a reverse takeover of Aquaint Capital Holdings and raising $6 million from investors.

Carnegie recruits Stinson as chairman

Former Orbital Corporation boss Terry Stinson will join the board of Carnegie Wave Energy next month and succeed Jeff Harding as chairman, while Mark Woodall will also join the board of the renewables company.

Avita taps investors for $17m

The company commercialising an innovative spray-on burns treatment co-developed by medical entrepreneur Fiona Wood has launched a $17 million capital raising.

Vodafone connects millions of IoT devices

Vodafone has launched a new network that will reduce company costs and create greater power efficiency for businesses by wirelessly connecting millions of devices to the internet of things (IoT).

Sky the limit for WA’s mini observatories

A partnership between Lockheed Martin and Curtin University highlights that WA researchers have a lot to offer when it comes to looking at the stars.

Carnegie signs funding deal with Asymmetric

Carnegie Clean Energy has secured a $7.5 million debt facility with a Cottesloe-based investment group to assist with development of a 10-megawatt solar power station in Northam.

Edtech businesses take different funding paths

SPECIAL REPORT: Three Perth tech companies servicing the education sector have completed major capital raisings, and all for exactly the same amount, but each chose a very different path.

Parkd seeks ASX listing

A modular car park construction company chaired by former Automotive Holdings Group boss Bronte Howson has announced plans to raise $6 million from investors and list on the ASX.

App/tech business of the week ~ Notis

Notis is a website/app that connects students through a personalised classified offering within their own college campus.

K2fly wins work with API

Subiaco-based tech company K2fly has won a contract to provide its services to the manager of the West Pilbara iron ore project for an undisclosed sum.

Startups model as small businesses

OPINION: Cloud computing has helped startups embrace software subscription as a business option to boost cash flow and control costs.

Hazer to build plant with MinRes

Tech company Hazer Group has entered into a collaboration agreement with diversified business Mineral Resources, for development of a facility to produce synthetic graphite.