Innovation

The world continues to endure the pandemic but the security industry has, no doubt, continued to shift, adapt, and develop in spite of things. Several trends have even accelerated. Beyond traditional "physical security," a host of frontiers like AI, cloud computing, IoT, and cybersecurity are being rapidly pioneered by entities big and small in our industry.

1Question, the world’s first mobile app that requires children to earn their screen time by correctly answering curriculum aligned questions, has been selected to The Elite 200. 1Question will now compete for up to $1m in cash and prizes in San Diego in April at the ASU+GSV Summit, an education tech event by Arizona State University and GSV Ventures.

A Sydney UNSW-led team have smashed a quantum computing barrier, creating a silicon-based device with better than 99% accuracy. The research was published in Nature. They proved that near error-free quantum computing is possible, paving the way to build silicon quantum devices compatible with current semiconductor manufacturing technology.

Personetics, the leading global provider of financial-data-driven personalisation and customer engagement solutions for banks and financial services providers, announced it has raised $85m in growth funding from Thoma Bravo, a leading software investment firm. Personetics doubled its valuation and secured funding of over $160m in 2021, backed by Viola Ventures, Lightspeed Ventures, Sequoia Capital, Nyca Partners and Warburg Pincus PE.

Australians continue to benefit from lower prices, better service and more innovation with the introduction of Optus as a telecommunication competitor, according to research from Venture Insights in its white paper to commemorate the 30th birthday of Australia’s challenger telecom.

Eczacıbaşı-Monrol Nuclear Products Co. (Monrol) has today announced it has signed an agreement with Curium Netherlands B.V (Curium) to license its GMP grade medical radioisotope, no-carrier-added 177Lu (n.c.a. 177Lu) cutting-edge production technology LuMagic®. This agreement will enable transfer of relevant equipment and supply from Monrol to Curium.

KLDiscovery Inc. a leading provider of global electronic discovery, information governance and data recovery technology solutions launched Nebula Singularity, its premier subscription service that was designed to benefit corporations seeking to globalize and standardize their eDiscovery processes. Nebula Singularity is a simple, one-touch licensing option that provides customers with the power of Nebula’s flexible deployment models and workflow accelerators, anywhere they need it.

Aviation H2, the company building Australia’s first hydrogen-fuelled aeroplane, has opened to investors via the online trading platform VCEX. Its team of engineers is seeking to raise initial capital of $300,000 to fund the project's planning study for the development of the green energy jet engined plane.

The City of Melbourne announced that Lime, a shared electric vehicle company, has won its electric scooter tender and will add shared e-scooters to its existing fleet of shared e-bikes. Lime becomes the first multimodal provider in Melbourne.

Here at Vyro we’re on a mission to put electric vehicles (EVs) in reach of every Australian. We formed the business in August 2021 when we noticed that Australia is well and truly behind the rest of the world in its adoption of sustainable cars. Australia’s transport sector accounts for 19% of our total carbon emissions. More than 1,700 Australians die every year from air pollution, caused by tailpipe emissions. And our country is becoming a “third world dumping ground” for old petrol vehicles.