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Latest Breaking News On - Ith both organisations boastinga lengthy track record of nurturing some australia 39s most successful companies combined capital raised by cicada innovations and tech23 amounts to at least 5 7 billion notable include culture amp 2009 - Page 1 : comparemela.com

Cicada Innovations acquires Tech23, celebrates $5 7b in combined capital raised

SYDNEY, Jan. 17, 2023 /PRNewswire/ Australia's national deep tech incubator Cicada Innovationshas acquired custodianship of Australia's longest-running annual deep technology conference Tech23 as the capital raised by their deep tech companies eclipses $5.7 billion. Cicada Innovations CEO Sally-Ann Williams Tech23 and Cicada Innovations have always been united by a shared mission to celebrate and support Australian deep tech innovators, with both organisations boasting a lengthy track record of nurturing some of Australia's most successful companies: Combined capital raised by Cicada Innovations and Tech23 companies amounts to at least $5.7 billion Notable companies include: Culture Amp (Tech23 2009), Morse Micro (Tech23 2018), Regrow (Tech23 2017), and Inventia (Tech23 2018) Notable 2022 milestones for Cicada Innovations include: Residents and alumni collectively raised $310 million, including large raises by Morse Micro ($170 million) & Regrow ($54 million) Resident

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