Government · 9 deals
Every published round Government of Western Australia 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 |
|---|---|---|---|---|---|---|
| Turbine Solutions | Grant | 17 Sep 2025 | $453.2k | Lead | RenewEconomy, @AuManufacturing | |
| RCR Advanced Technologies | Grant | 2 Sep 2025 | $2m | Lead | RenewEconomy, @AuManufacturing | |
| QL Space Pty Ltd | Accelerator | 2 Dec 2024 | - | Lead | @AuManufacturing, Startup News (WA) | |
| Open Ocean Exchange | Accelerator | 12 Aug 2026 | $50k | Lead | Startup News (WA), Startup Daily, Dealroom | |
| One Kidney | Accelerator | 12 Aug 2026 | $50k | Lead | Startup News (WA), Startup Daily, Dealroom | |
| Ghost Fire Systems | Accelerator | 27 May 2025 | - | Participant | Defence Connect, @AuManufacturing | |
| Australian Winders | Grant | 2 Sep 2025 | $488.2k | Lead | RenewEconomy, @AuManufacturing | |
| Australian Remote Operations for Space and Earth | Grant | 2026 | $4m | Lead | Startup News (WA) | |
| ACE Kinetics | Accelerator | 12 Aug 2026 | $50k | Lead | Startup News (WA), Startup Daily, Dealroom |
Everyone Government of Western Australia 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.
Companies Government of Western Australia has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| ACE Kinetics | Develops integrated motor-and-gear systems for robotics and space applications | 12 Aug 2026, Accelerator | 1 | 1 |
| Australian Remote Operations for Space and Earth | Perth-headquartered, not-for-profit, industry-led consortium focused on making WA a world… | 2026, Grant | 1 | 1 |
| Australian Winders | 2 Sep 2025, Grant | 1 | 1 | |
| Ghost Fire Systems | 27 May 2025, Accelerator | 1 | 0 | |
| One Kidney | Developing a Total Artificial Kidney to replace dialysis | 12 Aug 2026, Accelerator | 1 | 1 |
| Open Ocean Exchange | Digital infrastructure for cross-border agricultural trade | 12 Aug 2026, Accelerator | 1 | 1 |
| QL Space Pty Ltd | 2 Dec 2024, Accelerator | 1 | 1 | |
| RCR Advanced Technologies | 2 Sep 2025, Grant | 1 | 1 | |
| Turbine Solutions | 17 Sep 2025, Grant | 1 | 1 |
Fund closes reported for Government of Western Australia, as distinct from the investments it has made.
Companies Government of Western Australia has backed that another company then bought. An exit for the holding, not a deal Government of Western Australia did.
| Name | Role | Sources |
|---|---|---|
| Amber-Jade Sanderson | State Minister for Energy and Decarbonisation | RenewEconomy |
| Stephen Dawson | WA Science and Innovation Minister (former) | @AuManufacturing |
Stories naming Government of Western Australia. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
WA's government granted ACE Kinetics 50,000 AUD to prototype its Orbital Gearmotor motor-gear system, one of 26 early-stage ventures sharing a 1.275 million AUD grant pool spanning robotics, farming, health and Indigenous enterprises.
Western Australia's eighth Innovation Booster round granted One Kidney and Open Ocean Exchange A$50,000 each, within A$1.27 million shared across 26 early-stage recipients, supporting work from an artificial kidney to farm trade infrastructure.
Founders Factory is seeking applicants for the next intake of its Western Australian biodiversity startup program, which begins in August 2025 with state government backing; six startups it backed earlier are named.
Western Australia's government has awarded $736,157 to twelve startups across its Innovation Booster and Commercialisation Bridge grant programs, with recipients spanning cattle health tech, space monitoring and skincare.
Perth wave-energy startup WaveX received a $2.5 million federal grant and is hunting more funding for an Albany prototype; its founder says oil and gas supply chains make the device cost-competitive.