Government · 3 deals
Every published round Commonwealth 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 |
|---|---|---|---|---|---|---|
| Eclipse Ingredients | Unnamed stage | 15 Jul 2025 | $7m | Participant | SmartCompany (18 Jul 2025), Startup Daily, SmartCompany (15 Jul 2025), AgFunderNews | |
| Jevons Robotics | Grant | 25 Mar 2023 | $1m | Lead | @AuManufacturing (8 Feb 2024), @AuManufacturing (25 Mar 2023), @AuManufacturing (20 Mar 2023) | |
| TechNol | Grant | Mar 2023 | $297k | Lead | @AuManufacturing |
Companies Commonwealth has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| TechNol | Mar 2023, Grant | 1 | 1 | |
| Jevons Robotics | 25 Mar 2023, Grant | 1 | 1 | |
| Eclipse Ingredients | 15 Jul 2025 | 1 | 0 |
Fund closes reported for Commonwealth, as distinct from the investments it has made.
Companies Commonwealth has backed that another company then bought. An exit for the holding, not a deal Commonwealth did.
Stories naming Commonwealth. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
MILLIBEAM, an Australian deep-tech firm, has revealed Rakurai, a portable counter-drone device built on bespoke chip-level radiofrequency design; the piece notes prior Commonwealth grants behind its semiconductor technology.
Sponsored profile of BlueRoom Simulations, a Melbourne startup using mixed reality to prepare medics and military personnel for dangerous situations, and how nbn full fibre underpins its globally deployed training platform.
Precision fermentation startup Eclipse Ingredients has come out of stealth with a $7 million round backed by the Australian government and AgFunder to produce human lactoferrin for food and skincare markets.
Alpha HPA's Gladstone plant is producing battery precursor chemicals weekly while it advances a $550m alumina facility; it also received a $14.85m federal manufacturing grant milestone payment in September.
Weekly roundup of nine Australian startups that together raised over $233 million, led by Hysata's $172 million Series B, with rounds also for V2 Digital, AgriWebb, Disco, Genero, Brainfish, Kite Therapy, Nucanon and Maslow.
A new composites manufacturing cooperative research centre, SoMAC, has received Commonwealth backing of $69.9 million under round 23 of the CRC Program, alongside partner contributions, with its leadership and bid partners named.
Sunshine Heart says the US regulator has conditionally cleared its first American trial of the C-Pulse heart assist device, with about twenty patients to enrol across six US hospitals from late 2008.