Investor · 3 deals
Every published round Australian Economic Accelerator took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| AlleSense | Series A | May 2026 | $5m | Participant | Startup Daily (29 May 2026), Dealroom, Startup Daily (28 May 2026) | |
| Topicure | Grant | 2025 | $499.4k | Lead | Business News Australia, SmartCompany | |
| Elemental Therapeutics | Grant | 2025 | $480.4k | Lead | Business News Australia, SmartCompany |
Companies Australian Economic Accelerator has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Elemental Therapeutics | Developing PBT2, a small molecule therapeutic for community-acquired bacterial pneumonia | 2025, Grant | 1 | 1 |
| Topicure | Gel-based formulations improving delivery of active compounds through the skin | 2025, Grant | 1 | 1 |
| AlleSense | Biotech developing pathology imaging technology for early cancer detection | May 2026, Series A | 1 | 0 |
Fund closes reported for Australian Economic Accelerator, as distinct from the investments it has made.
Companies Australian Economic Accelerator has backed that another company then bought. An exit for the holding, not a deal Australian Economic Accelerator did.
Stories naming Australian Economic Accelerator. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
University of Queensland researchers, funded by an Australian grant and working with cultivated-meat firm Magic Valley, found microalgae grown on production waste can recycle nutrients and sharply cut the cost of growing meat cells.
La Trobe University spin-out AlleSense has secured $5 million to develop slide-based imaging for earlier cancer detection, led by Welcome Ventures with Breakthrough Victoria and the Australian Economic Accelerator's grant program also contributing.
Also Dealroom·Startup Daily
CSIRO's ninth ON accelerator cohort of eleven research teams has completed the program, with three members winning grants, two filing patents, and individual awards announced.