Uniseed as well as angel investors are part of the seed round.
TenasiTech, a Queensland University spin-out, has secured A$1m ($940,000) from angel investors at Brisbane Angels and Melbourne Angels as well as Uniseed.
The investment follows the commercialisation efforts by UniQuest, Queensland’s technology transfer office, and was made possible through a research partnership with the university’s Australian Institute for Bioengineering and Nanotechnology. The institute has established a successful Industrial Affiliates Programme.
Based on research by Queensland professor Darren Martin, TenasiTech develops highly-durable extreme-performance plastics and rubbers for use in industries ranging…
