A startup founded in Perth has attracted former prime minister Malcolm Turnbull as an investor as it targets a planned unicorn valuation within three years.
Shares in Cirrus Networks rocketed early this morning but eased off during the day, as the market digested a trading update detailing several completed contracts.
Perth-based fintech startup PictureWealth has announced two major moves in its efforts to expand its market reach, raising $12 million and acquiring financial services manager Neo Financial Solutions.
When Peter Salom, Josh O’Byrne and Brent Thompson first mapped out a plan for LITT around three years ago, the target demographic for their app was a narrowly defined younger male cohort.
Perth-founded software developer Canva has successfully raised $US60 million ($87 million) from venture capital investors, nearly doubling its valuation to $US6 billion.
Processing data from the space industry could bring benefits to farmers and emergency services, according to the team from the Pawsey Supercomputing Centre, which has been awarded $1.5 million from the federal government to create a new national space data analysis centre.
Building a supercomputing facility in Australia to rival the world’s biggest is among DUG Technology founder Matt Lamont's ambitious goals, to which end the company has announced a $26 million initial public offering.
Curtin University will join Cisco, Optus, and La Trobe University to establish a new cross-industry alliance aimed at using their collective resources to address changing digital infrastructure and stimulate economic activity.
Perth-based Hazer Group is raising $8.4 million from a share placement to fund the development of its proposed hydrogen plant, which will be built at Water Corp's Woodman Point facility, while Harvest Technology Group is raising funds for software development.
Three innovative companies in WA - ABS Facade, FBR and TENSA Equipment - are making waves in the building and construction space and in some cases breaking global records.
Nick Stamatiou and Russell Scott were among a small cohort of businesspeople in Western Australia to back the potential of augmented and virtual reality technology in 2017, the year they founded Cognetic Technologies.
West Perth company DUG Technology (formerly DownUnder GeoSolutions) has recruited company directors Michael Malone and Mark Puzey to its board as it moves closer to a stockmarket listing.
Veris’s technology and communications business has secured new work with BHP and Oz Minerals, as well as a contract with Cubic Defence Australia, totalling $4.3 million.
Technology company Kyckr is raising up to $10 million from a placement and share purchase plan, with the Sydney-based firm planning to use the funds to build on recent international sales.
Leederville-based startup InteliCare had a positive start to trading on the ASX today, with its shares closing at 31.5 cents each, more than 50 per cent above their issue price.
The Lateral INCITE Awards has shortlisted 26 entrants for this year’s program, with Leederville-based startup InteliCare and IT consultancy firm Modis Australia among those advancing to the second round of judging.
It may sound like something from a sci-fi movie, but technology is rapidly moving into the space we consider a vital part of what makes us human – our senses.
