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Tim Kannegieter

$10 million government investment in Thinxtra

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Thinxtra has obtained a $10 million in funding from the Australian government 

See http://www.cefc.com.au/media/files/energy-efficiency-benefits-as-cefc-helps-thinxtra-scale-up-its-network-for-the-internet-of-things.aspx

and

http://www.environment.gov.au/minister/frydenberg/media-releases/mr20170817a.html

and

https://www.thinxtra.com/2017/08/cornerstone_investor_cefc/

This has been reported as the government taking a 15% equity stake in the business.

 

 

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