Cyclopharm raises $20 million, seeks another $2 million Radiopharmaceutical imaging company Cyclopharm has successfully completed its institutional placement, raising $20 million before costs. The Placement attracted strong demand from both existing shareholders and from new institutional and sophisticated investors in Australia, Hong Kong, and the UK. A share purchase plan to raise up to $2.0…
Following last month’s heavily-anticipated announcement of the Australia’s 50 Most Innovative Manufacturers list for 2024, @AuManufacturing is now making a report based on the five-month campaign freely available. Download the 36-page e-book for profiles on some of the standout nominees this time around, exclusive Q and As with some of the best of the best…
The welding industry’s peak body has asked for a “clear and immediate public response” from the federal government on where and when wind and electricity transmission towers will be manufactured. In a statement on Monday, Weld Australia said that the foundational infrastructure enabling the energy transition was being overlooked, and sought confirmation on where the…
CSIRO has partnered with the Trailblazer for Recycling and Clean Energy (TRaCE) to offer the latest round of the free Innovate to Grow program, this time around offering the online program to SMEs developing clean energy solutions. In a statement on Monday, CSIRO said the ten-week program will offer assistance from “expert facilitators, experienced researchers…
Arafura Rare Earths has secured conditional approval for up to US$300 million in debt finance from Export Development Canada (EDC) backing its Nolans rare earths project near Alice Springs in the Northern Territory. This builds on the Australian government’s conditional debt finance of US$533 million and should speed the closure of financing on a project…
Medical technology developer and contract manufacturer Neo-Bionica, which announced an investment of $5 million from Breakthrough Victoria earlier this month, has announced two new board appointments. In a statement on Monday, the company said it had added Stéphane Chatonsky and Dr Colin White as non-executive directors. “Their extensive expertise in innovation in MedTech, strategy and…
The venture arm of Australian packaging manufacturer Detmold Group has backed the merger of two leading European producers of cups and cardboard takeaway packaging. Detmold Ventures’ investment facilitated the merger of CUPSZ and De Jong Ecocups which have come together under the CUPSZ brand. The two Netherlands based companies share a common approach to quality,…
