Radium Capital

Do you have some basic knowledge of the R&D Tax Incentive? And have you already attended AusIndustry’s Introduction to the R&DTI webinar? Then don’t miss your chance to build on what you already know. An upcoming webinar, co-hosted by the Australian Taxation Office and the Department of Industry, Science and Resources, is designed to boost your confidence about whether your company is eligible to apply. ➡️ Register for the online event scheduled for Tuesday 11 February: https://lnkd.in/gfRS5urB

Are you planning to launch a start-up but you don’t know where to begin? Maybe this isn’t your first start-up rodeo but you want to avoid past mistakes with your shiny new venture? Signing up for Startup School Online could be the right choice for your and your nascent business this year. Startup School is a free online course on how to start a start-up. And it’s run by the world's top startup accelerator - Y Combinator. ➡️ Head here to find out more and sign up: https://lnkd.in/gvp59Bg

Grants are a great way to boost your company’s coffers and accelerate your R&D. Here are three of our top picks to apply for this year: 1️⃣ Federal Government R&D Tax Incentive: eligible businesses can receive up to 43.5 cents for every dollar spent on eligible R&D. 2️⃣ CSIRO Kick-Start: matched funding of between $10,000 and $50,000 for start-ups and small and medium enterprises to access CSIRO's research expertise and capabilities and grow. 3️⃣ Industry Growth Program: this two-stage program provides an advisory service for startups and small and medium enterprises and options to apply for grant funding of between $50,000 and $5 million depending on your growth stage. ➡️ Head here to find out more: https://lnkd.in/ge7jN9_x

The R&D Tax Incentive is Australia’s flagship government funding program to support homegrown innovation. And according to the OECD - OCDE, it’s one of the most generous R&D incentive programs in the world 🌏. Yet despite strong government support, Australian investment in R&D has been decreasing 📉 for almost two decades. To halt the decline, reshape our R&D systems, and benefit Australia economically and socially, the Federal Government is conducting a once-in-a-generation review of Australian R&D. So we’re considering the outcomes (actual and potential) of the R&D review, and how it already has and potentially could impact the R&D Tax Incentive. We’re also exploring what businesses, eligible for the R&D refund or offset, should do to support their innovation while the review is underway. ➡️ Read the blog here: https://lnkd.in/g7d7c5Uq

Australia’s AgTech and farming industries have received a welcome pre-election boost. The Federal Government has pledged to top up its flagship AgTech On Farm Connectivity Program (OFCP) with a third round of grants, totalling $20 million, that will run until 2026. OFCP co-funds farmers’ purchases of hi-tech equipment and helps embed AgTech into the Australian agricultural sector. 👉 Read the full story from InnovationAus.com here: https://lnkd.in/gdFDhXZ7

📣 Looking for a way to be part of _SOUTHSTART this year and don't know how? Do you want the opportunity to make a meaningful connections and broaden your network in the innovation ecosystem? Well, how about volunteering and being part of 💥TEAM HUMAN💥 for 2025? Get in contact with the the _SOUTHSTART team by filling out the form below and hopefully we will see you there!

The year is off to a strong start for funding, with three Australian start-ups raising a combined $46 million. 👏 Melbourne-based Monash University spinout ElectraLith led this month’s capital raising with an oversubscribed Series A round totalling $27.5 million. ElectraLith plans to use the new funding to scale up and deploy its patented membrane separation innovation called direct lithium extraction and refining (DLE-R).  The technology extracts and refines battery-grade lithium from brines in one step without using water or chemicals. ElectraLith is also a Radium Capital client, and we’re absolutely thrilled that this phenomenal business has had such exceptional Series A success. ➡️ Stay tuned for more news about ElectraLith because next month, we’ll be unveiling the Radium Capital x ElectraLith Case Study. Sydney-based proptech Coposit’s funding round was also oversubscribed, netting the start-up a cool $14 million. Founded by brothers Chris and Dan Ferris in 2021, Coposit addresses Australia’s housing affordability challenges by allowing prospective home buyers to purchase off-the-plan properties with a minimum deposit of $10,000. Coposit will use its capital raise to accelerate its growth and expansion plans for 2025 and beyond. Robotic start-up Convergence Medical, founded by Dr Chris Jeffrey, an orthopaedic surgeon, also secured new funding in a $5 million round. The start-up has developed a world-first arthroscopic surgical robot capable of performing minimally invasive surgical procedures for common joint injuries and helping surgeons improve the speed and precision of their work. The funding will support Convergence Medical’s plans to commercialise the robot and expand into the US. ➡️Read the full story from SmartCompany here: https://lnkd.in/g6P3qVjz

Technology thought-leader and author Joe McKendrick has a bold prediction for 2025, and it makes a lot of sense. Big data will be back in a big way this year. And the reason is AI needs a constant high-quality of data. ➡️ Read Joe’s article to find out more: https://lnkd.in/gdazy2M8

Congratulations to Charlie McGill and the team at ElectraLith who today announced their successful $27.5m Series A capital raise! 🎉 We're thrilled to be a part of ElectraLith's journey and look forward to sharing how they have developed the next generation of lithium extraction in our upcoming Radium Capital x ElectraLith case study! Read more here ➡️ https://lnkd.in/gii_K3BN

Are you in the dark about the R&D Tax Incentive? This 3-minute video will shed some light on the refund and offset elements of the incentive and much more. ➡️ Head here to take a look: https://lnkd.in/gs_MWszT