Thursday, December 1, 2022

Adatree closes second raise with backing from B2B SaaS founders

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Multi-award-winning fintech company Adatree (adatree.com.au) has successfully closed a second funding round, attracting investment from an impressive line-up of new and existing investors comprising current and exited founders from within the B2B SaaS ecosystem. It follows exceptional triple-digit percentage growth year on year, since its inception in 2019.

FreeGuides and Tech Central team up to offer interactive self-guided tours

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FreeGuides, founded by 25-year-old entrepreneur Daniel Wasilewsky, announced it will be working with Tech Central in an effort to encourage Sydneysiders and Tech Central workers and locals to rediscover and support SMBs in the emerging home of tech and innovation.

Compono appoints Trent Innes as CEO to lead next phase of growth

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Talent optimisation software firm Compono has appointed Trent Innes as the company’s new CEO commencing 2nd May. Innes, who was the Managing Director of Xero Australia and Asia, will spearhead Compono’s next stage of growth into new markets and help the evolving needs of employers as they deal with severe talent shortages and a more remote workforce.

Australian SMEs team up to deliver hyperspectral microsatellites

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LatConnect 60, an Earth observation and data fusion company based in Perth, Australia, has signed an agreement to work with Gilmour Space Technologies in Queensland to build and launch the first microsatellite in a high-resolution hyperspectral imaging constellation. The smart satellites will be placed in 30-degree inclined orbits for revisit data capture over the Earth’s equatorial and mid-latitude regions. Executives from the Aussie companies announced the HyperSight 60 constellation agreement at the 37th Space Symposium in Colorado Springs, an annual meeting that brings together space leaders from around the world.

Kennards Hire appoints curated expert Margie Haseltine to its board

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Kennards Hire, has announced the appointment of Margaret (Margie) Haseltine as non-executive board director effective 1 October. Ms Haseltine’s professional career spans more than three decades, across various senior executive roles and multiple board appointments, including having served five years as the CEO of Mars Food Australia (Masterfoods).

Over half of Aussies would prefer flexibility over a four-day work week

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As the idea of a four-day work week continues to gain traction across Australia, new Qualtrics research reveals more than half of full-time employees in the country (60%) would prefer the flexibility to work whenever they want over one-fewer days at work (40%). Flexibility is also a bigger driver of retention (53%) than a four-day work week (47%).

Mind Blank’s Ally Kelly receives award for her suicide prevention initiatives

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Ally Kelly has been awarded with the Outstanding Achievement Award, which is presented by Suicide Prevention Australia as part of the LiFE awards 2021.

Quantum computing takes a leap with Archer Materials getting key patent

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Archer Materials has been granted a key Australian patent for its 12CQ quantum computing tech. The patenting approval signals a step forward for the Adelaide-based firm in the race towards the world-first technology being used in every day products, such as smart phones. The firm, which has an office in Adelaide’s Lot Fourteen innovation district, announced this month it now has commercial rights to its 12CQ chip invention. Archer Materials CEO Dr Mohammad Choucair said that once fully developed, it’s hoped the ultra-powerful 12CQ chip will be able to operate at room-temperature and integrated into everyday electronic devices.

S. Australia using drone technology for power grid maintenance works

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Aussie drone maker, Carbonix has partnered with SA Power Networks and communications tech Nokia,  provider to advance the use of long-range Un-Crewed Aerial Vehicles (UAVs) in aerial inspection work and flood monitoring on remote electricity distribution network assets. In the initial phase of the partnership a Carbonix Volanti UAV was used to prove the Beyond Visual Line of Sight (BVLOS) capability using Nokia private wireless solution, Nokia Digital Automation Cloud (DAC) for industrial-grade reliable and long-range wireless network connectivity. This paved the way for a continuation of the partnership in which Carbonix UAVs showed LiDAR capabilities for maintenance and flood water monitoring at asset locations.

Camplify rallies van owners to support victims of the Australian floods

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Over 15,000 homes have been flooded in Queensland with over 45,000 homes left without power and over 60,000 people in New South Wales are under evacuation warnings. The Camplify Flood Relief Program is a solution that offers Camplify van owners, existing and prospective, the opportunity to share their van and help a family in need.