Rio Tinto to launch biofuel seed farming for renewable diesel production in Australia
Rio Tinto will develop Pongamia seed farms in Australia as part of a new biofuels pilot. The project will explore the potential of Pongamia seed oil as a feedstock for renewable diesel, a cleaner alternative to traditional fossil fuels. The pilot aims to determine if Pongamia seed oil can contribute to Rio Tinto’s renewable diesel […]
Rose Rocket Collaborates with CartonCloud to Launch Transportation Management Software in ANZ
Rose Rocket, a leading enterprise-grade, cloud-native transportation software provider for trucking companies and 3PLs, recently announced a strategic partnership with CartonCloud, Australia’s premier warehouse and transport management software company. The partnership marks Rose Rocket’s official entry into the Australian and New Zealand markets, positioning the company to provide advanced logistics solutions to a transportation industry valued […]
Cabot Properties Acquires New Multi-Story Logistics Facility in Sydney for AUD 137 Million
Cabot Properties, a prominent investor, developer, and operator of logistics properties throughout the United States, Europe, and Asia Pacific, recently announced the acquisition of 42-52 Raymond Avenue, Matraville, a newly built 19,819-square-meter (213,330-square-foot) logistics property in the submarket of South Sydney, Australia for A$137.6 million (USD$91.8 million) from LaSalle Investment Management. The transaction is the […]
Canva Announces Plans to Acquire Generative AI Platform Leonardo.AI
Canva, a world leader in visual communication with more than 190 million monthly active users, today announced plans to acquire Leonardo.AI. As one of Australia’s fastest-growing startups, and a leading generative AI content and research company, Leonardo.AI is empowering millions of people to bring their ideas to life through production-quality images and videos. The acquisition […]
APAC Banking Sector Performance in 2022-2023: Navigating Economic Headwinds
The Asia-Pacific (APAC) banking sector faced a dynamic landscape in 2022-2023, marked by economic headwinds and varying performance across emerging markets (EMs) and developed markets (DMs). Let’s delve into the key trends and outlook for APAC banks during this period. 1. Steady Outlook Despite Challenges Despite challenges stemming from weakening global demand, high inflation, and […]
ARIA Cybersecurity Partners With Logi-Tech For Protection Of Australia’s Vital Infrastructure
ARIA Cybersecurity Solutions, a CSPi business has launched its AZT PROTECT™ solution in Australia via a partnership with Logi-Tech, a leading local managed security service provider (MSSP). Industry sources added that by inducting the AZT PROTECT into its portfolio, Logi-Tech can offer an innovative service for securing critical applications in operational technology (OT) environments such as manufacturing, mining, […]
Sicona Battery Technologies raises AUD22 Million in funding from leading industries
Sicona Battery Technologies (“Sicona”) today announced it has raised AU$22 million in Series A funding which will be used to further the company’s development plans both in Australia and the United States. The $22 million investment was led by India’s Himadri Speciality Chemical Ltd, leading Australian venture capital investor Artesian, and Electrification & Decarbonization AIE LP, a fund managed by Waratah Capital. Riverstone Ventures, […]
Australia’s new Islamic bank secures Series A Funds from Hejaz Group
Australia’s first-ever Islamic bank has successfully completed its recent capital-raising round with a strategic investment from Hejaz Group, Australia’s leading Islamic financial services group. The bank recently launched a $10m Series A capital raising round to allow the bank to continue building its products and systems, with a launch planned across Australia in 2024. Islamic […]
Attentive opens branch in the APAC region and furthers global expansion
Attentive, the conversational commerce platform, yesterday announced it is continuing its global expansion with an office opening in Australia—the first establishment in the APAC region and second regional office outside of the US. More than 87% of consumers in Australia said they would like to receive texts from brands or are already subscribed to a […]
For reality digital twins, Ventia chooses Asseti
Ventia, one of the largest essential services providers in Australia and New Zealand, has selected Asseti as its enterprise-wide partner for reality digital twins and spatial data. Designed for managers of data-rich assets, the partnership will drive contextual insights for the assets that Ventia maintains on behalf of its clients. Ventia sought a solution that […]
