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Ignition Lane’s Wrap: M&A deals rise, EV SPACs crash, honey-free bees

Startup Daily LogoStartup Daily5 mo ago

Ignition Lane’s Wrap: M&A deals rise, EV SPACs crash, honey-free bees - Startup Daily

Quick Summary:

Not surprising given ABS figures published last week show that Government R&D spend dropped significantly in the last (near) decade – just 0.17% of GDP in 2020-21, down from 0.24% in 2012-13.

The University of Melbourne created two investment funds to help it better commercialise research – a $15m pre-seed fund and a $100m fund for University-affiliated startups through to pre-IPO.

EV maker Electric Last Mile Solutions (ELMS) is the first to file for bankruptcy.More to come.Bee fabric. NZ-based Humble Bee Bio is developing a biodegradable alternative to plastics by synthesising the biology of the Australian masked bee.


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Article Details

Author / Journalist: Gavin Appel & Rebecca Eastwood

Category: Startups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-26 @ 22:46:44 (5 months ago)

News Timezone: GMT +10:00

Ranking: #387 (out of 1254 stories this day)

News Source URL: startupdaily.net

Language: English

Article Length: 1142 words

Reading Time: 7 minutes read

Sentences: 69 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Startup Daily

News ID: 14743

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About Startup Daily

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Main Topics: Startups

Official Website: startupdaily.net

Update Frequency: 7 posts per week

Year Established: 2012

Headquarters: Australia

News Last Updated: 19 hours ago

Coverage Areas: Australia

Ownership: Independent Company

Publication Timezone: GMT +10:00

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Publisher ID: #23

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The story "Ignition Lane’s Wrap: M&A deals rise, EV SPACs crash, honey-free bees" has 1142 words across 69 sentences, which will take approximately 5 - 10 minutes for the average person to read.

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The story "Ignition Lane’s Wrap: M&A deals rise, EV SPACs crash, honey-free bees" was covered 5 months ago by Startup Daily, a news publisher based in Australia.

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Startup Daily is a fully independent (privately-owned) news outlet established in 2012 that covers mostly startups news.

The outlet is headquartered in Australia and publishes an average of 1 news stories per week.

It's most recent story was published 19 hours ago.

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  • URL: https://beamstart.com/news/ignition-lanes-wrap-ma-deals-16562934759783

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