Latest Technology News

Frontier Digital Ventures is narrowing its focus to core classifieds, cutting loss-making units and revising FY25 earnings guidance to reflect a significant net loss. The company also reveals a potentially dilutive employee share plan in its Latin America subsidiary.

Stakk Limited reveals a striking 566% year-to-date growth in annual recurring revenue, driven by its pivot to a B2B embedded finance platform and strategic US market expansion. The company also secured a $15 million institutional placement, underpinning its ambitious growth plans.

Thrive Tribe Technologies has raised approximately $300,000 through a discounted share placement, aiming to strengthen its working capital position. The move reflects ongoing efforts to support its health and wellness digital platform amid a competitive market.

Spenda Limited has successfully raised $1.4 million through a private placement, attracting both new and existing sophisticated investors to support its product development and working capital needs.

EPX Limited has submitted a proposal to acquire WattWatchers Pty Limited through a Deed of Company Arrangement, pending creditor approval. The move aims to integrate WattWatchers’ real-time energy monitoring solutions with EPX’s advanced building performance platform.

Nanoveu’s subsidiary EMASS has teamed up with Semtech to integrate ultra-low-power AI with long-range LoRa connectivity, promising smarter, battery-efficient IoT devices for industrial and smart city applications.

X2M Connect has secured a software development contract with Azbil Kimmon to digitise Japan’s vast water meter infrastructure, marking a strategic expansion beyond its existing gas monitoring services.

Norwood Systems has successfully raised $650,000 through an oversubscribed share placement, aiming to fuel its market growth and strategic partnerships in AI-driven voice communication.

DXN Limited has landed a $1.4 million contract for an Edge Data Centre in the Pacific and secured $0.7 million in variation orders on an existing project, reinforcing its growth trajectory for FY26.

NoviqTech has been awarded a $160,000 grant to develop Registry 2.0, a blockchain-backed platform that will modernize Eco-Markets Australia’s environmental credit system, enhancing transparency and scalability for programs like the Reef Credit Scheme.

Scout Security has made significant strides toward merging with Roo Inc, secured $600,000 in fresh capital, and progressed a new Insurtech partnership, all while managing tight cash flow in the September quarter.

TZ Limited has successfully raised $750,000 through a placement, boosted by strong shareholder support, while advancing key contracts with Microsoft and planning significant debt reduction.