News

Number of news items returned: 141 to 160 records of 414

Cirrena: New Product has been released

19 September 2016

(13739 views)

" Cirrena releases CLEER to its Launch Client Beta testing is underway with feedback loop in place First revenues due end of October ...

Property, Software and Strategy - Funding Strategies Connect September 2016

07 September 2016

(12528 views)

Dear Readers, Welcome to Spring! Since our previous newsletter, we have seen an increase in both investor activity and companies looking for ...

Cirrena launches two new products

05 September 2016

(13119 views)

"Cirrena launches two new products Votes Hub - Online, Simple and Secure self-managed Voting and Surveys Cleer - Engagement and communications platform ...

Opmantek's Strong International Growth Continues

05 September 2016

(13088 views)

"Opmantek’s period of strong growth has continued with previous quarter results seeing Europe emerging as the top performing region for the ...

Benojo - Latest News - September 2016

02 September 2016

(12262 views)

"Benojo reached a milestone of 7,000 users...growing its team and business development capacity..will launch its bespoke products in October..." Martyn Ryan, ...

Ocular Robotics invited to demonstrate at Army Innovation Day 2016

24 August 2016

(12008 views)

"In a highly competitive process Ocular Robotics has been invited to demonstrate an Immersive Telepresence System based on its RobotEye ...

ATIC Update: Round 2 Fully Subscribed & Latest Progress Report

24 August 2016

(12481 views)

ATIC Update: Round 2 Fully Subscribed & Latest Progress Report Round 2 fully subscribed. Progressing in offering execution & funds management services Property ...

Benojo - Latest News - August 2016

04 August 2016

(12282 views)

"Benojo secure $200,000 in R&D grants from federal Government... extends its tech capability to now include the general public..." Martyn Ryan, CEO, ...

Chat2, Cricket and much more - Funding Strategies Connect July August 2016

02 August 2016

(11925 views)

Dear Reader, Thank you for your interest in our company and services. We strive to provide successful introductions between profitable, expanding ...

ATIC announces Change of Director

19 July 2016

(12365 views)

"...it’s with pleasure that I can announce that Mr. Paul De Groot has joined the board of ATIC." Daniel Hendry, Managing ...

Completion of Squirel Limited Due Diligence

19 July 2016

(12496 views)

"Further to the announcement on 8 July 2016,  Metallum Limited is pleased to provide an update on its  proposed acquisition ...

Freedom Suites Launch at Brisbane Hair and Beauty Expo

19 July 2016

(12547 views)

"Freedom Suites has officially launched the salon suite concept at Brisbane Hair and Beauty Expo, 17th and 18th July, with ...

Benojo - Latest News - July 2016

19 July 2016

(12299 views)

"Benojo celebrate almost $3m of donations on its platform in 2016...reach a milestone of 6000 users and 50 corporate clients" Martyn ...

Capital Raising progressing with Round 1 fully subscribed

15 July 2016

(12108 views)

"Freedom Suites Ltd has recently closed Round 1 of its capital raising fully subscribed and has extended the offer for ...

Ocular Robotics ASSOB offer closing 17 July 2016

12 July 2016

(12955 views)

"Ocular Robotics’ current share offer on the ASSOB board closes on the 17th July 2016 and I would like to ...

DSTG Therman Stress Analysis Collaboration Featured at Partnerships Week

12 July 2016

(12140 views)

"As reported earlier the Defence Science Technology Group (DSTG) have through an R&D collaboration been pursuing a development with Ocular ...

Incentives, Introductions and News - Funding Strategies Connect June July 2016

01 July 2016

(10757 views)

Dear Readers, From 1st July 2016, the Australian Government is introducing tax incentives for early stage investors. "If you invest in ...

Nifty R&D Special Offer

30 June 2016

(12539 views)

"Submit with Nifty R&D on or before 31st Aug to receive 25% off the cost of your R&D claim" Brendan White, ...

Qponics awarded $1m CRC-P Grant

30 June 2016

(12120 views)

"Queensland-based omega-3 algae farming company, Qponics, has been awarded a $1 million grant to construct a commercial-sized algae farm in ...

Freedom Suites to exhibit at Brisbane Hair and Beauty Expo

29 June 2016

(12069 views)

"Freedom Suites are pleased to announce that they will be exhibiting at the upcoming Brisbane Hair and Beauty Expo on ...

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.