From preventing the next pandemic to food security, and climate change, there are many global issues that need our attention. To meet the challenges we face, Australia needs to step up as a global innovation leader. Cicada Innovations is committed to achieving this vision for Australia by supporting deep tech ventures, but we can't do it alone. We need other pioneering leaders who share this vision to support our community and the broader ecosystem.
That is why we recently launched a new partnership program for organisations who also envision a prosperous Australia fuelled by deep tech. We’re thrilled to announce our first pioneer partner is Radium Capital, a business with the mission to ensure Australia’s innovators have access to the right capital at the right time. They are the market leader in R&D financing, providing innovation companies with early access of up to 80% of their expected RDTI refund – in a few business days. We hope this partnership will give more Australian deep tech ventures timely access to non-dilutionary capital in the form of Radium Advances to accelerate their growth, attract other sources of funding and smooth their cash flow.
Throughout 2022, we'll be running a series of activities, events, and mentoring sessions with the team at Radium to help even more Australian deep tech innovators as they discover and develop world-leading solutions.
“If Australia is to become an R&D lead economy, fuelled by science and engineering businesses, we need to come together with strong partners, a clear vision and mission to grow the deep tech sector. Radium Capital is a natural partner for Cicada and our community. Their services, expertise, and team will enable our community of innovators to unlock new opportunities and grow faster.”
- Sally-Ann Williams, CEO of Cicada Innovations
“We’re delighted to partner on this new alliance with Cicada. Having access to the right capital at the right time is absolutely crucial for the success of tech businesses, and that’s where we come in. Both Cicada’s and Radium’s vision and our communities are aligned. We can’t wait to forge strong connections through this partnership and support more Australian deep-tech innovators with the capital they need to discover and develop more world-leading solutions."
- David Brennan, Founder & Head of Partnerships at Radium Capital
If you’re a deep tech entrepreneur or venture that would like to be connected to Radium, let us know and we will connect you.
If you are a pioneering organisation that wants to help build a thriving deep tech ecosystem in Australia, get in touch.