Government · 107 deals
Canberra, ACT
Every published round Australian Government 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, and a place in one of its own programs is under Cohorts.
Everyone Australian Government has named to a program in published coverage. A place in a program is not a raise: the cheque is the figure recorded with the place, which is the program's standard terms where we hold them, and a blank is one we don't.
| Member | Program | Announced | Cheque | Sources |
|---|---|---|---|---|
| Space Machines Company | International Space Investment India Projects | 30 Apr 2024 | - | @AuManufacturing, Startup Daily |
Companies Australian Government has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| 1414 | 12 Feb 2024, Grant | 2 | 2 | |
| Advanced Navigation | Navigation technology company using AI, robotics and sensing for GPS-independent position… | 12 Feb 2024, Grant | 2 | 2 |
| Aerobond | 7 Nov 2023, Grant | 1 | 1 | |
| Allume Energy | Grant winner; shared solar and battery optimisation for multi-unit dwellings | 22 Jul 2026, Grant | 1 | 1 |
| Ampyr Energy | Australian developer of grid-scale battery projects | 24 Jun 2026, Accelerator | 1 | 1 |
| AMSL Aero | 8 Nov 2022, Grant | 2 | 2 | |
| Argenica Therapeutics | Developing ARG-007 to reduce disability in acute ischaemic stroke patients | 23 Jun 2025, Grant | 1 | 1 |
| AROSE | Not-for-profit, industry-led consortium whose projects include bushfire detection and res… | 21 Mar 2023, Grant | 1 | 1 |
| Ascera | firmed energy platform | 24 Jun 2026, Accelerator | 1 | 1 |
| Aurora Labs | 25 Jul 2025, Grant | 2 | 2 | |
| Aurora Labs Ltd | 6 Jul 2026, Grant | 1 | 0 | |
| Ausnet | Australian utility partner of Neara | 22 Jul 2026, Grant | 1 | 1 |
| Australia Vanadium | Aug 2022, Grant | 1 | 0 | |
| Australian National University | University from which Liquid Instruments spun out | 2 Sep 2026, Grant | 1 | 1 |
| Avicena Systems | 2 Oct 2026, Grant | 1 | 1 | |
| BES (Australia) | Grant winner; project unlocking latent network capacity via soft open point and dynamic l… | 22 Jul 2026, Grant | 1 | 1 |
| Calix | New South Wales based environmental technology company | 19 May 2022, Grant | 2 | 2 |
| CathRx Ltd | electroPulse pulsed field ablation system for atrial fibrillation | 23 Jun 2025, Grant | 1 | 1 |
| Cement Australia | Cement manufacturer | 19 Jun 2026, Grant | 1 | 1 |
| Charge Hub Australia | EV charging company investigating how dynamic pricing can change when people charge their… | 22 Jul 2026, Grant | 1 | 1 |
| Cop-A-Mate Products | 2 Jul 2026, Grant | 1 | 1 | |
| Cortical Pty Ltd | Psychiatric and pain management treatment and medicolegal opinions | 5 Nov 2004, Grant | 1 | 1 |
| Currawong Engineering | 2 Jul 2026, Grant | 1 | 1 | |
| Dovetail Electric Aviation | 19 Jan 2023, Grant | 1 | 1 | |
| Droneshield | Counter-drone technology company | 2024, Grant | 1 | 1 |
| EcoJoule Energy | Climate tech company | 22 Jul 2026, Grant | 1 | 1 |
| Edify Energy | Australian renewable energy company and hydrogen hopeful | 29 Jan 2023, Grant | 1 | 0 |
| ElectraLith | Developer of a novel electrochemical direct lithium extraction technology producing batte… | 10 Aug 2026, Grant | 1 | 1 |
| ELO2 | Consortium mixing startups, universities and resource sector tech experts, building the R… | 2024, Grant | 1 | 1 |
| Endo Axiom | oral Insulin Startup | 23 Jun 2025, Grant | 1 | 1 |
| Energenze | Grant winner; project on Asia Pacific regional electrification via dynamic resource coord… | 22 Jul 2026, Grant | 1 | 1 |
| Epec Engineering | Grant winner; oscillation localisation and visualisation for grid stability | 22 Jul 2026, Grant | 1 | 1 |
| Equis | developer of MREH Side B and co-owner of the first MREH stage | 24 Jun 2026, Accelerator | 1 | 1 |
| Essential Energy | Australian utility partner of Neara | 22 Jul 2026, Grant | 1 | 1 |
| Everledger | 2021, Grant | 1 | 1 | |
| FeBI | Medtech startup developing quantum diamond sensor chip to detect blood iron levels | 2 Oct 2026, Grant | 1 | 1 |
| Gilmour Space | Queensland rocket builder and launchpad scaleup | 28 Mar 2022, Grant | 3 | 2 |
| Good Earth Dairy | Jul 2023, Grant | 1 | 0 | |
| GrainCorp | 2 Mar 2022, Grant | 1 | 1 | |
| GreenHY2 | 25 Oct 2024, Grant | 1 | 0 | |
| GridCognition | 2021, Grant | 1 | 0 | |
| GridScout | Developer of grid bottleneck spotting software; grant winner | 22 Jul 2026, Grant | 1 | 1 |
| Gurit Australia | 2 Jul 2026, Grant | 1 | 1 | |
| Halocell Energy | Perovskite solar cell company | 5 Sep 2023, Grant | 1 | 1 |
| Harvest B | Developing plant-based meat ingredient systems for food manufacturers | Jun 2021, Grant | 1 | 0 |
| Hysata | University of Wollongong spin-out developing capillary-fed electrolysis cells for green h… | 14 Aug 2023, Grant | 1 | 0 |
| I D & E | Ocular drug delivery system | 23 Jun 2025, Grant | 1 | 1 |
| Iondrive | 20 Aug 2025, Grant | 1 | 1 | |
| iQ Sense | 2 Oct 2026, Grant | 1 | 1 | |
| Jet Charge | EV charging company whose project explores network benefits from vehicle-to-grid technolo… | 22 Jul 2026, Grant | 1 | 1 |
| Kardinia Energy | Maker of flexible, lightweight printed solar panels | 4 Mar 2026, Grant | 1 | 1 |
| Karit (Australia) | Grant winner; smart export control using a VPP to reduce curtailment and costs | 22 Jul 2026, Grant | 1 | 1 |
| Kinoxis Therapeutics | A clinical candidate that aims to provide an alternative to antipsychotics for managing a… | 23 Sep 2026, Grant | 1 | 0 |
| Lactamo | 2024, Grant | 1 | 0 | |
| LatConnect 60 | Commercial satellite manufacturer | 30 Apr 2024, Grant | 2 | 2 |
| Lintek | 2 Jul 2026, Grant | 1 | 1 | |
| Magic Valley | cultivated meat producer | 13 Feb 2025, Grant | 1 | 1 |
| Metrolo | Grant winner; network and market co-optimisation planning tool for grid enhancing assets | 22 Jul 2026, Grant | 1 | 1 |
| Micca Holdings | 2 Jul 2026, Grant | 1 | 1 | |
| Neumann Space | 4 Mar 2024, Grant | 1 | 0 | |
| Nourish Ingredients | Brews sustainable and animal-free fats and oils for alternative protein products | 25 Jul 2023, Grant | 1 | 0 |
| Novatti Group | 23 Jan 2023, Grant | 1 | 0 | |
| Ocius | Sydney maritime drone maker that sold 40 vessels to the Navy for $176 million. | 11 Mar 2026, Grant | 1 | 1 |
| Orica | World’s largest provider of commercial explosives and blasting systems | 2023, Grant | 1 | 0 |
| Ouroborous | Grant winner; FlexBat battery orchestration platform for grid support | 22 Jul 2026, Grant | 1 | 1 |
| Potentia Energy | Sydney developer deploying trial units at operational sites for the HiveOps project | 24 Jun 2026, Accelerator | 1 | 1 |
| Praxis | 7 Nov 2022, Grant | 1 | 1 | |
| PsiQuantum | Quantum computing company establishing APAC HQ in Brisbane | 2024 | 3 | 0 |
| PV Industries | Solar recycler still in the business | 14 Feb 2024, Grant | 1 | 1 |
| Q Factorial | 2 Oct 2026, Grant | 1 | 1 | |
| Q-CTRL | 5 Sep 2023, Grant | 2 | 1 | |
| QuantX Labs | Quantum sensing startup developing optical atomic clock technology | 2 Oct 2026, Grant | 1 | 1 |
| Sicona Battery Technologies | 28 Jun 2026, Grant | 1 | 1 | |
| Silicon Quantum Computing | startup founded by Michelle Simmons | 2017 | 4 | 1 |
| Skykraft | 30 Apr 2024, Grant | 2 | 2 | |
| Southern Launch.Space Pty Ltd | 6 Jul 2026, Grant | 1 | 0 | |
| Space Machines Company | 30 Apr 2024, Grant | 2 | 2 | |
| Swinburne University of Technology | 7 Nov 2022, Grant | 1 | 1 | |
| Swoop Aero | autonomous solutions | 13 Dec 2022, Grant | 1 | 1 |
| The Hygiene Co. | 16 Mar 2023, Grant | 1 | 0 | |
| Theia Medical | Hybrid 3D-printed intravascular imaging device for coronary artery disease | 23 Jun 2025, Grant | 1 | 1 |
| Tindo | Solar panel manufacturer and installer based in South Australia, also selling systems pai… | Aug 2025, Grant | 1 | 1 |
| Vast Solar | 29 Apr 2022, Venture debt | 3 | 1 | |
| Vaxxas | Biotech/MedTech company | 19 Jan 2023, Grant | 1 | 1 |
| Veem | 25 Jul 2025, Grant | 1 | 1 | |
| Venstra Medical | Temporary heart pump for patients in cardiogenic shock | 23 Jun 2025, Grant | 1 | 1 |
| Wavewise Analytics | Formerly Cyban, health analytics | 23 Jun 2025, Grant | 1 | 1 |
| Yarra Energy Foundation | Apr 2023, Grant | 1 | 0 | |
| Zeppelin Bend | Grant winner; self service grid connection toolkit | 22 Jul 2026, Grant | 1 | 1 |
| ZiP Diagnostics | Point-of-care lateral flow test for prediction and early diagnosis of preeclampsia | 23 Jun 2025, Grant | 1 | 1 |
This is a stake in the fund itself, money that the fund's manager invests, not a stake in the fund manager.
Companies Australian Government has backed that another company then bought. An exit for the holding, not a deal Australian Government did.
Stories naming Australian Government. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
FeBI Technologies won an Australian government grant of about A$1.52 million for its quantum-based iron blood test, building on earlier Stage 1 funding, and will partner with universities and Aboriginal health services.
Six Australian quantum companies receive government grants under round two stage two of the Critical Technologies Challenge Program, supporting projects from quantum clocks to biosensors and diagnostic tools.
Also Mirage News·Dealroom·This Week in Australian Startups·Startup Daily
Weekly roundup recording a dozen raises and acquisitions, Firmus's scheduled float, a new $50m venture fund, a founder share sale, grant winners, an accelerator intake, and an AI agent's government breach.
Also Dynamic Business·DealStreetAsia·This Week in Australian Startups·iTnews·Dealroom·ABC News Technology
Melbourne biotech Kinoxis completed a $6.75 million round with new backer MainSequence and won a $2.5 million government-funded CUREator+ grant for dementia and pain drug development; MainSequence's Elaine Stead joins the board.
Also Startup Daily·Startup Daily·Dealroom·This Week in Australian Startups·Dynamic Business
Fintech investment in Australia rebounded in H1 2026 on large deals, including two crypto acquisitions, while the government unveiled a Financial Innovation Strategy and a new industry map counted 800 fintechs.
Canberra is funding carbon management demonstrations: round two of a national program directs $32.6 million across seven projects, naming six recipients including Carbonaught, Australian Carbon Vault, Karbonix, MCi Carbon and Electralith.
ARENA marks 100 community batteries installed under its funding initiative and announces $23.2 million in new grants for three Round 2 battery projects led by YES Group, Ausgrid and the City of Newcastle.
Also Dealroom·RenewEconomy
Blackbird has locked in a second billion-dollar fund — its sixth, slightly bigger than the last — bringing in new institutional backers, and the article recalls portfolio wins, writedowns and failures.
The federal NRFC has lent $120 million to prefab apartment maker Built Living, which has also drawn $100 million equity from Wesfarmers and a $20 million WA government grant.
University of Wollongong researchers won government funding for a quantum photon-counting cancer imaging system and partnered with radiotherapy maker Elekta, moving the technology toward clinical trials.
Weekly roundup: Constantinople raises $62.5m; Blackbird wraps fund six above $1b; Guardhouse buys Mobohubb; SCX.ai debuts on the ASX; plus seed rounds, exits and executive changes across the ecosystem.
The Australian government is lifting its industry-policy focus on space; the National Reconstruction Fund has already put $200 million into local space companies, among them Gilmour Space Technologies and Southern Launch.
Defence Trailblazer showcases its researchers, ventures and projects at an Adelaide defence summit, citing over $140 million in industry support, as it prepares to hand over to AUSDII.
At a Sydney event, Canva's co-founder explained how soaring compute bills forced a delay to its AI relaunch, and how homegrown models cut serving costs; he also recalls early government backing.
A Wollongong hydrogen spin-out is shortlisted for a national award recognising research commercialisation; the profile recaps its electrolyser technology, Port Kembla headquarters, jobs and backing.
Also Dealroom
Six Australian health tech startups received non-dilutive grants totaling $13.5 million from the government-backed CUREator+ program to accelerate commercialisation of medical innovations.
Global consultancy Sia has acquired Seven Consulting, an Australian business transformation firm, roughly quadrupling Sia's local headcount and adding major banking, government and retail clients.
The US Defense Department has conditionally committed a US$400m loan to Sunrise Energy Metals to develop its Syerston scandium mine in New South Wales, announced at a Washington meeting with President Trump.
Also Dealroom
Silicon producer Simcoa will quit the United States from August 14 after Washington imposed steep new tariffs; Canberra says the trade dispute won't derail a critical minerals pact with Washington.
Consulting group Sia has bought Seven Consulting, an Australian transformation consultancy, adding Sydney and Melbourne offices, a Perth presence and major clients across banking, government and retail.
Also Dealroom·Dealroom·sevenconsulting.com·briefglance.com·melbourne-insider.au·cfotech.com.au·consultancy.com.au
ANDHealth's blog interviews Earflo co-founder Dr Intan Oldakowska about its FDA-cleared device for childhood ear infections, her entrepreneurial path, and the company's aims in the ANDHealth+ medtech program.
Fourteen projects won grants under the federal government's Grid Enhancing Technologies program, including EV charging firms Jet Charge and Charge Hub Australia, to show how EVs and other tech can ease grid constraints.
Also RenewEconomy
Interview with the chief executive of Adelaide heart-analytics startup Corcillum on its angiogram software, funding hurdles, and its place in the ANDHealth+ accelerator program.
The federal government is paying Electro Optic Systems $5.7 million under a Mission Syracuse contract to mature its R400 Slinger counter-drone weapon system, adding to earlier backing of AIM Defence and SYPAQ.
Australia's latest Defence Industry Development Grants round distributes over $22 million to 60 businesses, with seven named manufacturers and suppliers receiving grants for equipment, facilities and capability projects.
Orica has reached a final investment decision for its Hunter Valley green hydrogen and ammonia project, confirming government grant support, while other planned Australian hydrogen projects advance slowly or have been abandoned.
Also RenewEconomy
ANDHealth's blog interviews Australis Scientific's founder about its wearable therapy for bladder conditions, its years in ANDHealth programs, and plans to scale the device at home and abroad.
Australia's Capacity Investment Scheme named 15 winning battery storage projects, seven of them in Queensland; Ampyr Energy took the most slots, and a further tender is open for bids until August 2026.
Commentary contends the federal government's near-$53m backing of a Tasmanian cement kiln switch to burning wood waste and tyres is misguided, arguing biomass burning raises emissions, damages forests and wastes public money.
Also RenewEconomy
MCi Carbon has launched a Newcastle facility that converts captured carbon dioxide into sellable building products, beginning with Austrian customer RHI Magnesita.
MCi Carbon has opened a Newcastle demonstration plant that converts industrial CO2 into sellable construction materials, beginning product testing for Austrian customer RHI Magnesita.
Aurora Labs says a $1m government grant, matched by its own $1m, will fund a large-format metal 3D printer to scale production of its micro gas turbine propulsion systems for defence applications.
Australian startup SAPHI has received a government grant to apply artificial intelligence to industrial sites that lack digital visibility, as Australia pushes to modernise its mining sector.
Australian medtech firm EMVision met milestones to unlock a $1.17M government grant instalment for commercialising its portable stroke scanner, drawing on a $5M Industry Growth Program award.
Arafura, partly owned by renewables critic Gina Rinehart, has finalised financing for its Northern Territory rare earths mine, with $1.2 billion in government support and wind turbine and EV makers as customers.
Arafura Rare Earths, part-owned by renewables critic Gina Rinehart, has locked in financing for its Nolans project, drawing roughly $1.2 billion in Australian and German government support despite her anti-net-zero campaigning.
PsiQuantum has relocated its $940m government-backed quantum computing project to Moreton Bay after dropping the Brisbane Airport site, with groundbreaking set for June following timeline slippage flagged in Senate Estimates.
ARENA is giving PLS Group up to $38.1 million for a West Australian lithium processing demonstration plant that will trial Calix's electric-kiln technology to cut calcination emissions.
Australia's clean energy finance agency led an oversubscribed $12 million Series A in a Western Australian battery recycling startup, joining existing and new investors to fund prototype operations and first commercial plant design.
Also @AuManufacturing·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·RenewEconomy·RenewEconomy·esgwise.org·esgtoday.com·nationaltribune.com.au·Dealroom·evmagz.com·battery-tech.net