Investor · 4 deals
Every published round Cooperative Research Centre Projects 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 |
|---|---|---|---|---|---|---|
| OncoRes Medical | Grant | Jul 2023 | $3m | Participant | Brandon BioCatalyst, Brandon Capital, Brandon Capital portfolio (2 Nov 2022), Brandon BioCatalyst portfolio (2 Nov 2022), Brandon Capital portfolio (18 May 2022), Brandon BioCatalyst portfolio (18 May 2022), Startup News (WA) | |
| Diraq | Grant | Jul 2023 | $3m | Participant | SmartCompany (13 Feb 2024), SmartCompany (21 Jul 2023), @AuManufacturing (18 Jul 2023), @AuManufacturing (30 Jun 2023) | |
| Dovetail Electric Aviation | Grant | 19 Jan 2023 | $3m | Participant | Startup Daily, @AuManufacturing (14 Apr 2023), SmartCompany, @AuManufacturing (7 Feb 2023), @AuManufacturing (31 Jan 2023), @AuManufacturing (19 Jan 2023) | |
| Hypersonix Launch Systems | Grant | Mar 2022 | $3m | Participant | @AuManufacturing (4 May 2022), @AuManufacturing (29 Mar 2022) |
Companies Cooperative Research Centre Projects has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Diraq | Quantum computing company building spin qubit chips on silicon | Jul 2023, Grant | 1 | 0 |
| Dovetail Electric Aviation | 19 Jan 2023, Grant | 1 | 0 | |
| Hypersonix Launch Systems | Mar 2022, Grant | 1 | 0 | |
| OncoRes Medical | Handheld probing device that assesses during surgery whether all breast cancer tissue has… | Jul 2023, Grant | 1 | 0 |
Fund closes reported for Cooperative Research Centre Projects, as distinct from the investments it has made.
Companies Cooperative Research Centre Projects has backed that another company then bought. An exit for the holding, not a deal Cooperative Research Centre Projects did.
| Name | Role | Sources |
|---|---|---|
| Melissa Price | Science Minister | @AuManufacturing |
Stories naming Cooperative Research Centre Projects. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
First Graphene will supply graphene for Halocell's perovskite solar modules under a new two-year deal; the partners earlier won a $2 million CRC-P research grant for solar cell work at Halocell's Wagga Wagga plant.
Emissions-free ammonia developer Jupiter Ionics has raised $9 million, adding Breakthrough Victoria, CIMIC Group and Wesfarmers Chemicals, Energy & Fertilisers to its earlier backers, and also recalls a $2.65 million grant from 2022.
LaunchVic profiles Nutromics, a wearable diagnostic patch maker whose co-founders joined the 30X30 scaleup program; the piece recalls a $2 million government grant and over US$14 million raised to date.
Round 14 of the CRC-Projects program awarded 24 projects a combined $50 million in grants, with named recipients including Gilmour Space, Diraq and Advanced Circular Polymers alongside university and industry partners.
Hydrogen storage startup Endua has raised $7.5 million from QIC, Melt Ventures and 77 Partners to scale its modular hydrogen power banks for microgrid and standalone power markets.
Also @AuManufacturing·@AuManufacturing·Techboard·@AuManufacturing
Rex Airlines takes a 20 per cent stake and a board seat in Dovetail Electric Aviation, a Sydney startup retrofitting electric propulsion, which earlier won a $3 million government research grant.
Also Startup Daily
Silex Systems finished its zero-spin silicon research project with UNSW and SQC, backed by a government grant, and now plans commercial production of ultra-pure silicon-28 for quantum chips.
University of Southern Queensland and Inconmat received a $1 million government CRC-P grant to develop corrosion-resistant glass fibre-reinforced polymer rebar from bio-resins and recycled glass, with manufacture planned at Inconmat's factory.
Hypersonix leads a CRC-P grant-funded hypersonic UAV project with Romar, LSM and USQ, starting July; Romar's earlier federal grant is also recalled.
Also @AuManufacturing
Thirteen industry-research collaborations share $32 million in Round 12 CRC-P government grants, spanning hydrogen storage, hypersonic drones and mRNA manufacturing; partner contributions total $56 million. No individual recipients are named.