Thursday, September 29, 2022

Prolific Machines raises $42 million from top planetary health investors

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Prolific Machines, a next generation biotechnology company, is emerging from stealth by announcing their massively oversubscribed Seed and Series A financings, led by the best VCs in the space. The Seed round was led by Arvind Gupta at Mayfield, the first investor in cultured meat. The Series A was led by Bill Gates-founded Breakthrough Energy Ventures. Prolific’s first check was written in late 2020, when SOSV’s IndieBio led their Pre-Seed round.

Suzuki makes a strategic investment in Australian tech firm Applied EV

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Suzuki has made a strategic investment in Aussie tech firm Applied EV to accelerate the software development for next generation mobility. Applied EV is an Australian Tech company that has developed a vehicle control system, based entirely on software known as the Digital Backbone, for use in electric vehicles dedicated to autonomous driving applications. 

Champel Capital takes part in Indoor Robotics’ $18 million Series A funding

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Champel Capital announced that it has added Indoor Robotics to its investment portfolio. Indoor Robotics has a vision of a higher quality of life made possible with the help of task-oriented robots. Champel Capital is a young VC believing in entrepreneurs developing innovative products that respond to real market needs and will make impact on the world.

Hunter Innovation Festival is back, joins forces with the Spark Festival

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Vibrant cities, renewable energy, circular economy, talent acquisition and local manufacturing are some of the multiple topics up for discussion at this year’s edition of Hunter IF Hunter Innovation Festival with leaders, operators, thinkers and builders coming together to showcase the Hunter as the place to innovate, to regenerate, to invest, and to accelerate.

CMU and Mastercard to drive youth-led digital transformation in Africa

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Carnegie Mellon University (CMU) and the Mastercard Foundation, in collaboration with the Govt of Rwanda, announced an investment in higher education in Africa to aid 10,000 young people from economically disadvantaged communities—such as young women, young people with disabilities, and forcibly displaced young people—and to drive inclusive development.

Up to 50% of Australian houses will be built using 3D printing come 2030

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Up to 30% of housing in Australia’s outback, regional and remote areas will be built using 3D printing technology by the year 2030. Countries across the world are already mandating 3D printing targets for the building and construction industry. In 2016 the United Arab Emirates became the first country in the world to promote 3D printing technology in its construction industry, setting a twenty-five percent target by 2030. Other countries are following suit.

Esteemed personalities in physics and politicians light up Florence

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Thanks to the El.En. Group of Calenzano, a specialized in laser production for medical and industrial applications, and for conservation of artistic heritage, an event was organized to mark 40 years since it was founded in the presence of the 2018 Nobel Prize winner for Physics, Gérard Mourou, and other prominent professors who contributed to pioneering research in the field of laser physics, paving the way for a multitude of scientific applications.

Heavily attended WAIC 2022 Hong Kong Branch concludes successfully

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Organised by the Innovation and Technology Commission (ITC) with the Hong Kong Science and Technology Parks Corporation (HKSTP) as organising partner, the World Artificial Intelligence Conference (WAIC) - Hong Kong Branch was held at Hong Kong Science Park. A number of influential scholars, representatives from public service organisations, entrepreneurs, a unicorn representative and government officials engaged in in-depth discussions and exchanged views on artificial intelligence (AI) and smart city development.

How Australia can generate a $52 billion windfall from science and tech

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Australia faces a ‘Sliding Doors’ moment when we can choose to supercharge our science and technology strengths and generate a $52bn - or consign ourselves to a future with our fate in the hands of others. Heading into the Jobs and Skills Summit, analysis by Science & Technology Australia shows how even a modest investment to train Aussies' first generation of bench-to-boardroom scientists could supercharge our national economic growth.

Microsoft named Cicada Innovation’s first Constellation Partner at the NSIH

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Microsoft has been announced as the first ‘Constellation Partner’ at the National Space Industry Hub (NSIH) delivered by Cicada Innovations, in a significant demonstration of growing support for Australia’s emerging space industry. The NSIH Constellation Partners Program was designed to engage industry and foster investment in the local space industry.