News

Number of news items returned: 61 to 80 records of 422

Opmantek named 55th Australian Export Awards category winner

15 December 2017

(7737 views)

  Opmantek named  55th Australian Export Awards category winner     On the back of winning the 4th consecutive Queensland Premier's Export Award, Opmantek ...

BlueMount Capital Secures Major Debt Funding

07 December 2017

(7937 views)

    BlueMount Capital Secures Major Debt Funding   "In conjunction with BlueMount Capital’s Melbourne office, I am delighted to announce we have secured ...

"Walking over broken glass for sustainability"

06 December 2017

(7296 views)

    "Walking over broken glass for sustainability"   "Dr Ho’s team, along with industry partners Brisbane City Council and EnviroSand, are investigating mixtures ...

Squirrel recognised in the 2017 AFR Fast Starters List

09 November 2017

(6819 views)

  Squirrel recognised in the 2017 AFR Fast Starters List   Squirrel debut's on the Australian Financial Review's Fast Starters list, as the ...

The market, introductions and news - Funding Strategies Connect October 2017

31 October 2017

(7472 views)

    Dear Reader,   It's an interesting time in the capital markets space at the moment. Australia has seen a large initial coin offering ...

"CaroMel's platform launch set"

27 October 2017

(6841 views)

"CaroMel's platform launch set   Platform launch CaroMel’s platform is ready for launch. The company will now sprint to load the branding and ...

"We are launching any day now" CaroMel Ltd Podcast

19 October 2017

(7058 views)

    "We are launching any day now"   Podcast: Listen as Raghu Rajakumar spoke to Greg McLardie, Managing Director of CaroMel Ltd. CaroMel is ...

LeenLife signs Agreement with BioCube

17 October 2017

(7136 views)

  LeenLife Pharma International: Production and Operations in North America Exclusivity Agreement with BioCubeTM   "October 17, 2017 CSE - LLP The Company is pleased to ...

Mining, Cars and Cyber Protection - Funding Strategies Connect September 2017

06 October 2017

(6445 views)

  Dear Reader,   In discussing our services with prospects and clients, it is important to be clear on their company's strategic objectives. Quite ...

CaroMel - Director Briefing with Greg McLardie

03 October 2017

(7000 views)

  Director Briefing with Greg McLardie, CaroMel Ltd   “Our digital platform allows orders to be received from and shipped directly to the ...

Haixi - Extension of the Offer Period

28 September 2017

(7093 views)

  Haixi - Extension of the Offer Period   "The Board of Directors of Haixi Pharmaceutical International Holdings Limited (ACN 616 806 574) ...

CaroMel's platform launch set

26 September 2017

(6813 views)

CaroMel's platform launch set "CaroMel's digital platform is on track to launch within three months with the technology build, traceability and ...

"CaroMel plans 2018 IPO for global expansion of agritech marketplace - MD"

22 September 2017

(5820 views)

  "CaroMel plans 2018 IPO for global expansion of agritech marketplace - MD"   "CaroMel, an Australian digital agritech marketplace, plans to list ...

CaroMel completes minimum subscription prior to launch

19 September 2017

(5891 views)

  CaroMel completes minimum subscription prior to launch "On behalf of our team, I am delighted to announce CaroMel has completed the ...

Venture Capital updates and other news - Funding Strategies Connect August 2017

01 September 2017

(6281 views)

 Venture Capital updates and other news - Funding Strategies Connect August 2017 Dear Readers, I attended the AVCAL / Future Fund Venture ...

Project 'Glucose Biosensor'

30 August 2017

(9416 views)

  Project 'Glucose Biosensor'     Click here to watch the Project 'Glucose Biosensor' video. This is a first to market, first in class ...

CaroMel Ltd

30 August 2017

(7829 views)

   CaroMel Ltd – A digital disruption enabling fishermen and farmers to connect directly with high-end restaurants in China CaroMel Ltd aims to ...

Take a look at the new Nifty Forms site!

30 August 2017

(5996 views)

Take a look at the new Nifty Forms site!   "See how the new Nifty Forms site will make claiming R&D easier If ...

"The Tooth Booth Business Model Delivers A Much Better GP Margin Percentage"

30 August 2017

(6498 views)

  "The Tooth Booth Business Model Delivers A Much Better GP Margin Percentage   The Tooth Booth Board is pleased to announce that ...

CXi Announces Second Client for Unit Registry

29 August 2017

(6679 views)

   CXi Announces Second Client for Unit Registry   "CXi Software (“CXi”) has announced that it has successfully migrated its second client, in ...

BioCube Raising $3 Million

13 November 15

The Eco Investor website published the following article about BioCube on November 13th, 2015:

 

"The developer of a portable and community-sized biodiesel processor called the BioCube has sold its first unit in Africa and is raising $3 million to make more units and take advantage of joint venture opportunities.

 

The BioCube can produce quality biodiesel from a wide variety of vegetable oils and the fuel can be used in any modern diesel engine without modification. The BioCube makes sustainable distributed biodiesel and gives fuel energy independence to commercial and community enterprises...

 

...Eco Investor first wrote about BioCube in March 2009 and since then the technology has grown from a 10 foot shipping container to a 20 foot container able to produce over 250 litres per hour of high quality biodiesel. It comes in off-grid and on-grid versions, with the off-grid version powered by a diesel generator that runs on BioCube's biodiesel. It has a touchscreen interface and can be fully operational in 48 hours.

 

Units are made as ordered. The first manufactured model of the new BioCube was shipped to a customer in Queensland where it uses the seeds from a pongamia plantation to produce oil. Orders are pending for machines in India, Oceania, Africa and south east Asia.

 

Director Laurence Baum told Eco Investor that there are four commercial units in operation at present. The others are in India, in Canada where the manufacturer uses it as a demonstration unit, and in Africa.

 

The African order is to Feronia Inc., an agribusiness operating in the Democratic Republic of the Congo (DRC). In 2009 Feronia acquired a 104 year old palm oil business, Plantations et Huileries du Congo (PHC), and has invested tens of millions of dollars to rebuild the business after years of under-investment and disruption due to the long period of conflict in the DRC...

 

... BioCube chief executive, David Tait anticipates significant demand from across Africa where energy is expensive and often unavailable in more remote areas. "Feronia and the DRC is an ideal proving ground for BioCube's technology to demonstrate its capabilities," he said.

 

Mr Baum said potential clients need to see a unit in operation as sales can be ‘one plus', where there is an initial unit then more orders after it proves itself. This could be the case in India where there is interest for one trial unit with another 29 to follow if all goes well....

 

...The company is seeking to raise up to $3 million in equity for 13 per cent of the company. The funds are to accelerate commercialization through sales and marketing, continue product development, produce demonstration units, for staff and salary costs, marketing and travel, working capital, and to take advantage of joint venture opportunities.

 

The equity parcels are $25,000 each. The pre-money valuation of the company is $20 million with IPO as the likely exit strategy. Mr Baum said the company has no debt, having developed this far in seven years using only equity. So a public listing, possibly in about 18 months, makes sense.

 

BioCube has net assets of $0.5 million and forecast revenue for 2016 after the new equity is $1.4 million. The capital raising is being assisted by Mark Rainbird, managing director of BlueMount Capital."

 

To read the complete article please click here.