Australian space start-up Fleet has raised $5 million in a Series funding round as it prepares to build and launch a constellation of nanosatellites which it says will ultimately connect the world’s 75 billion devices by 2025 for free.
Suncorp-backed on-demand insurance start-up Trov has closed a US$45 million (A$59 million) Series D funding round as part of a move to accelerate global expansion.
Telstra has put together a strategic partnership with cloud network start-up VeloCloud as the San Francisco-based company is set to expand its business globally to support larger carrier and enterprise customer deployments.
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