CEO · Founder, Navi Medical Technologies
Stories naming Alex Newton. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Melbourne paediatric device maker Navi Medical Technologies has banked $6.8 million, led by KP Rx, to take its Neonav catheter tool into the US market following regulatory clearance.
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Breakthrough Victoria highlights recent achievements of portfolio companies including funding, awards, and expansions for firms like Liquid Instruments, Quantum Brilliance, and Samsara Eco.
Navi Medical Technologies gained US FDA clearance for its Neonav catheter guidance system; the Melbourne firm, backed by Breakthrough Victoria, plans a capital raise later in 2025 to fund its American rollout.
Weekly roundup reporting eight Australian startups together raised $85.6 million across mining tech, cybersecurity, waste, energy storage, health and micromobility, plus a Google.org grant for Global Sisters.
Melbourne medtech Navi Medical Technologies has raised $2.4 million to develop its device guiding catheter placement in newborns, led by Breakthrough Victoria with Medtech Actuator and Artesian VC also participating.
Breakthrough Victoria is putting $700,000 into Navi Medical Technologies' round alongside Medtech Actuator and Artesian VC, helping the Melbourne medtech develop its newborn catheter guidance device toward regulatory approval.