Investor · 1 deal
Every published round federal department of industry 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 |
|---|---|---|---|---|---|---|
| Cauldron Ferm | Grant | 3 Oct 2024 | $4.3m | Participant | Startup Daily, AgFunderNews, SmartCompany |
Companies federal department of industry has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Cauldron Ferm | Deep tech startup using hyper-fermentation to produce proteins, materials and chemicals w… | 3 Oct 2024, Grant | 1 | 0 |
Fund closes reported for federal department of industry, as distinct from the investments it has made.
Companies federal department of industry has backed that another company then bought. An exit for the holding, not a deal federal department of industry did.
| Name | Role | Sources |
|---|---|---|
| Ed Husic | Minister for Industry and Science (former) | SmartCompany |
Stories naming federal department of industry. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Three companies named among recipients of $28.7 million in federal grant funding, with individual awards to SDIP, Iondrive and Caulmar; SDIP also featured on the publisher's innovative manufacturers list.
Also @AuManufacturing
Solar panel recycler Elecsome has secured a patent for its dismantling and glass recovery methods; the piece also recaps its accelerator participation, a feasibility study with AGL and an Enel Green Power agreement.
Ed Husic named the first Industry Growth Program grant recipients, with biomanufacturing startup Cauldron Ferm receiving $4.3 million and four other startups funded for drone batteries, radiation monitoring, anti-phishing and berry-picking robotics.
Roundup of manufacturing briefs: biotech Imugene's share plan added A$18.2 million, EVOS shifted its Brisbane head office, ANSTO won federal backing for nuclear medicine, CSIRO endowed Wollongong scholarships, plus two chief executive appointments.