Government · 2 deals
Every published round Australian Government Industry Growth program 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 |
|---|---|---|---|---|---|---|
| Lindo Life Science | Grant | 9 Feb 2026 | $2m | Participant | Wholesale Investor (9 Feb 2026), Wholesale Investor (29 Jan 2026) | |
| Relectrify | Grant | 22 Oct 2025 | $2.9m | Participant | @AuManufacturing, RenewEconomy |
Companies Australian Government Industry Growth program has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Lindo Life Science | 9 Feb 2026, Grant | 1 | 0 | |
| Relectrify | Victorian-headquartered developer of battery technology | 22 Oct 2025, Grant | 1 | 0 |
Fund closes reported for Australian Government Industry Growth program, as distinct from the investments it has made.
Companies Australian Government Industry Growth program has backed that another company then bought. An exit for the holding, not a deal Australian Government Industry Growth program did.
Stories naming Australian Government Industry Growth program. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Wholesale Investor's Steve Torso highlights Australian life sciences companies from the Emergence Preview Series, noting government grant funding, a Series A extension, venture co-investment, and a medtech company's ASX listing.
Also Wholesale Investor
Melbourne battery maker Relectrify has launched its inverter-free AC1 commercial battery, supported by a $25 million ARENA grant and a fresh $2.9 million federal grant to extend the technology into electric vehicles.
Also @AuManufacturing
Regional NSW farm-connectivity startup Zetifi has received a $5 million federal Industry Growth Program grant toward a $10 million commercialisation plan for its smart antenna platform, working with Telstra, Nextivity and Icom.