Government · 3 deals
Every published round Commonwealth 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.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Neumann Space | Grant | 4 Mar 2024 | $1m | Participant | Startup Daily, @AuManufacturing, Defence Connect | |
| Hysata | Grant | 14 Aug 2023 | $20m | Participant | RenewEconomy, SmartCompany (9 May 2024), Startup Daily (7 Sep 2023), SmartCompany (18 Aug 2023), Startup Daily (17 Aug 2023), @AuManufacturing, ARENA | |
| Silicon Quantum Computing | Series A | 25 Jul 2023 | $50m | Participant | Startup Daily (11 Jun 2026), Startup Daily (24 Mar 2026), SmartCompany (24 Mar 2026), SmartCompany (4 Apr 2025), SmartCompany (30 Apr 2024), @AuManufacturing (12 Feb 2024), SmartCompany (19 Dec 2023), SmartCompany (30 Oct 2023), SmartCompany (18 Oct 2023), Startup Daily (17 Oct 2023), Startup Daily (4 Oct 2023), Forbes Australia, SmartCompany (28 Jul 2023), SmartCompany (27 Jul 2023), SmartCompany (25 Jul 2023), @AuManufacturing (25 Jul 2023) |
Companies Commonwealth 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 |
|---|---|---|---|---|
| Silicon Quantum Computing | startup founded by Michelle Simmons | 25 Jul 2023, Series A | 1 | 0 |
| Neumann Space | 4 Mar 2024, Grant | 1 | 0 | |
| Hysata | University of Wollongong spin-out developing capillary-fed electrolysis cells for green h… | 14 Aug 2023, Grant | 1 | 0 |
Fund closes reported for Commonwealth Government, as distinct from the investments it has made.
Companies Commonwealth Government has backed that another company then bought. An exit for the holding, not a deal Commonwealth Government did.
Stories naming Commonwealth Government. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Neumann Space will adapt its thruster for a Spire satellite using Commonwealth funding secured via the Australian Space Manufacturing Network, and has finished early space trials of its drive aboard a Skykraft satellite.
Alpha HPA has received Queensland government support of up to $21.7 million for Stage 2 of its Gladstone high-purity alumina plant, adding to earlier federal grants of $15.5 million and $45 million.
Roundup of Australian manufacturing items: EMVision collects grant money, Anduril completes a large Series E, Adherium receives a tax incentive payment, Tindo Solar's sales double, and Glaciem wins a New York clean energy program place.
Also Forbes Australia