Having ‘gone stealth' to validate its tech and build customer relationships, a Perth company has secured key partnerships with local and global businesses.
Harvest Technology Group is looking to raise $11.1 million to boost working capital, with commitments to the tune of $3 million already received from major shareholders.
Osborne Park-based IT services company DC Two is planning to expand its operations by reopening a tier three data centre that has already had a $10 million investment by its previous tenant.
Perth-based Hazer Group is raising $8.4 million from a share placement to fund the development of its proposed hydrogen plant, which will be built at Water Corp's Woodman Point facility, while Harvest Technology Group is raising funds for software development.
West Perth-based Talga Resources is seeking to raise $6.25 million through a share placement and purchase plan, primarily to fund the development of its graphite project in Sweden.
Victoria-based online mediation and arbitration service Immediation will officially launch in Western Australia on November 20, on the back of $1.8 million partially raised from local investors.
Singapore and Perth-based biotech company Osteopore has begun life on the ASX today with a sharp share price surge, following a $5.25 million initial public offering.
West Perth-based Serpentine Technologies is seeking to raise $7 million to fund its acquisition of K-TIG and enable growth of the company's welding-as-a-service business model.
Two local tech companies have raised more than $5 million, with medical firm Proteomics International Laboratories securing $3.4 million via the exercise of options.
Cockburn-based security surveillance technology company Spectur is seeking to raise up to $4.5 million by way of an initial public offering, and list on the ASX.
Waste water treatment company De.Mem has debuted strongly on the Australian Securities Exchange, after completing a $4.5 million initial public offering.
Technology company Family Zone Cyber Safety has wrapped up its first day of trading on the ASX, after completing an oversubscribed initial public offering to raise $6 million.
Local tech firm Shark Mitigation Systems has launched a prospectus for a $4 million IPO, while two other WA companies have revised their plans for backdoor listings.
Perth security company Threat Protect Australia marked its listing on the ASX today with news it has completed due diligence on one of two planned acquisitions.
The market appetite for backdoor listings of tech stocks continues unabated, with Magnolia Resources securing $7 million in funding commitments and Potash Minerals becoming the fifth exploration company from Western Australia to head down the tech path this month.
Perth-based Magnolia Resources has engaged two brokers to undertake a $5 million capital raising as part of its reverse takeover of Canadian e-commerce company PDT Technologies.
Red Gum Resources and White Star Resources are the latest exploration companies to shift focus away from the resources sector, signing deals to move into geospatial imagery and internet travel bookings respectively.
Collapsed engineering firm Forge Group's old premises in West Perth have firmed as a likely landing spot for automotive parts buying group Capricorn Society, which is looking to consolidate its office requirements into one location.
WESTERN Australian stockbrokers CPS Securities and Indian Ocean Capital have agreed to merge to create the ninth biggest stockbroking operation in the state.
THE Australian Securities Dealers Association has criticised new Commonwealth regulations that prevent 450 financial service businesses from paying standard brokerage fees to their advisers.
PERTH'S stockbroking scene has undergone some major changes over the past year as the sector repositions itself to take advantage of growing market confidence.
