Venture capital fund · 15 deals
Venture firm backing early-stage science and technology companies
Melbourne, VIC
Every published round IP Group 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.
Companies IP Group 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 |
|---|---|---|---|---|
| Additive Assurance | In-situ quality assurance systems for metal 3D printing | 10 Dec 2022 | 1 | 0 |
| AMSL Aero | 7 Sep 2022, Series B | 1 | 0 | |
| Ankere Therapeutics | 3 May 2022, Seed | 1 | 1 | |
| Azaneo | Electric pulse weeding technology company | 2023, Pre-seed | 1 | 0 |
| Banksia Minerals Processing | University of Queensland spin-out commercialising an electrochemical process to extract c… | 17 Feb 2025, Seed | 1 | 0 |
| ElectraLith | Developer of a novel electrochemical direct lithium extraction technology producing batte… | 15 Jan 2025, Series A | 2 | 0 |
| Hysata | University of Wollongong spin-out developing capillary-fed electrolysis cells for green h… | 2021, Seed | 4 | 0 |
| Mako | Maker of shark skin-inspired film that reduces drag on aircraft to cut fuel use and emiss… | 4 Aug 2026, Series A | 1 | 0 |
| MGA Thermal | Developer of Miscibility Gaps Alloy blocks for industrial thermal energy storage | 13 Mar 2026 | 2 | 2 |
| RAGE Biotech | Therapeutics startup developing an inhaled treatment for chronic lung disease | 14 Nov 2025, Series A | 1 | 1 |
Companies IP Group Australia's own portfolio page lists that no published round yet places it in. The page is the source; the round is being looked for.
| Company | Site |
|---|---|
| Ankere | - |
| Life Sciences | alimetry.com ↗ |
Investors that coverage says has money in a fund IP Group Australia runs. This is a stake in the fund, not in any company the fund has backed.
Companies IP Group Australia has backed that another company then bought. An exit for the holding, not a deal IP Group Australia did.
| Name | Role | Sources |
|---|---|---|
| Alistair McCreadie | Chief Investment Officer, Asia Pacific | Startup Daily, IP Group Australia team page |
| Alistair McCreadie | CIO | IP Group Australia portfolio |
| Dr Mike Molinari | Managing Director | SmartCompany, IP Group Australia team page |
| Dr Siro Perez | Head of Life Sciences | Brandon BioCatalyst portfolio, Startup Daily |
| Dr Siro Perez | Life Sciences Lead (former) | Startup Daily, SmartCompany, Brandon Capital portfolio |
| Michael Molinari | CEO | Startup Daily |
| Shane Meaney | Investment Manager (former) | Startup Daily (5 Aug 2026), IP Group Australia portfolio (30 Jun 2026), Startup Daily (13 Mar 2026), SmartCompany, mgathermal.com, IP Group Australia portfolio (13 Mar 2026), Startup Daily (17 Feb 2025) |
Stories naming IP Group Australia. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
South Australian startups Lunio Energy and OptiGrid launch a 5 MW Strathalbyn battery into market trading; the piece recalls OptiGrid's seed round backed by CEFC, IP Group, Hostplus, universities and EnergyLab.
A 5 MW South Australian battery has started trading, the first project for developer Lunio Energy and the first four-hour site run on OptiGrid's optimisation platform, whose seed backers are recapped.
MAKO has banked a $28 million Series A, headed by Virescent Ventures, to take its drag-cutting Flightfilm coating to market; the piece also recalls an earlier seed round and a government grant.
Also Startup Daily
Sydney aerospace company MAKO has raised $28 million in a Virescent Ventures-led Series A to manufacture Flightfilm, a shark-inspired skin that cuts aircraft drag and fuel use.
Also Virescent Ventures portfolio·mako.aero·SmartCompany·Startup Daily·Startup Daily·Forbes Australia·Defence Connect
IP Group Australia and the CEFC launched the Climate Catalyst Fund with a first close of $50 million combined, targeting seed and Series A investments in Australian climate technology.
MGA Thermal, a Hunter Valley energy storage maker, has banked $17 million from IP Group and others to commercialise its heat-storage technology, lifting its total funding to $50 million.
Weekly roundup of four Australian funding rounds: thermal energy storage, litigation data software, preventative health, and construction site documentation, together worth $31.9 million.
Also Startup Daily
IP Group Australia led a $17 million investment in Hunter Valley thermal storage company MGA Thermal, with Shane Meaney joining the board alongside prior backer Main Sequence ahead of commercial rollout.
Also SmartCompany·SmartCompany·Startup Daily·Startup Daily·mgathermal.com
IP Group-backed copper-tech spin-out Banksia Minerals has won a federal renewable energy grant worth as much as $5 million, a year after banking $1.05 million in seed capital.
Weekly roundup of eight raises totalling $572.12 million, led by Firmus's $500 million round; RAGE Biotech, SunDrive, Number 8 Bio, Fabra, Keeyu, MyGig and Drone-Hand also funded, plus two RAGE Biotech executive appointments.
Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Business News Australia
Melbourne biotech RAGE Biotech has raised a $29 million Series A, with IP Group Australia and Hostplus leading, to fund human trials of its lung disease therapy; new executives were appointed.
Also Startup Daily
Radium Capital's R&D lending has passed $1 billion across 1,000-plus companies since 2017; case studies recall WeMoney's $12 million Series A and ElectraLith's $27.5 million Main Sequence-led round.
Also Startup Daily·Australian FinTech·SmartCompany·Fintech News Australia·Fintech News Australia
Uniseed chief executive Peter Devine departs after two decades; Monash's Alistair Hick takes over in 2026. The piece recounts Uniseed's fund history and recent stakes in ENA Respiratory and Morse Micro rounds.
Weekly roundup of seven Australian and New Zealand raises totalling $42.8 million, spanning property-investment AI, workforce credentialing, allied-health practice software, conversation analytics, maths learning games, copper processing and holiday-park bookings.
Breakthrough Victoria puts $2 million into ElectraLith, a Victorian startup whose lithium extraction technology was developed at Monash University, as part of a Series A led by Main Sequence.
Main Sequence's post on leading ElectraLith's $27.5m Series A with Chevron, IP Group and other co-investors, backing its technology that turns lithium-bearing brines into battery-ready hydroxide in one step.
Also Radium Capital·Radium Capital·SmartCompany·Startup Daily·SmartCompany·RenewEconomy·RenewEconomy
Breakthrough Victoria's update describes its $2 million commitment to ElectraLith's Series A, led by Main Sequence, covering the lithium extractor's water-free refining technology, Monash ties, pilot plant plans and growing team.
Also Startup Daily
Hostplus has tipped an additional A$125 million into the deep-tech fund IP Group runs, taking its overall backing to A$435 million across companies spun out of Australian universities.
Roundup of the week's top stories: Hysata's Series B with bp Ventures and Templewater, grants for Tasmanian makers Xanderware and Jayben Group, an ASC pay dispute, and chemistry sector awards.
Tenacious Ventures explains why it led a pre-seed round for weed-control startup Azaneo, with Agfunder and IP Group investing, and describes the company's chemical-free pulsed electric field technology.
Also AgFunderNews
Wollongong electrochemist Gerhard Swiegers has won an ARC Industry Laureate Fellowship with $3.7 million in funding for electrolyser research that underpins green hydrogen startup Hysata.
A weekly roundup reporting ten Australian startup funding rounds totalling roughly eighty million dollars, spanning insurance tech, biotech, process mining, connectivity and food, with several female-founded companies among the recipients.
Monash spinout Additive Assurance completed a $4.1 million round led by Significant Capital Ventures with Hostplus and existing backers, funding R&D hiring and a new quality assurance centre in Melbourne.
Also Startup Daily·SmartCompany·@AuManufacturing·@AuManufacturing·@AuManufacturing
Electric aircraft maker AMSL Aero closed a $23 million Series B with St Baker, IP Group, TelstraSuper and Hostplus as it commercialises its Vertiia aircraft, having earlier won a $3 million CRC Program grant.
Techboard's monthly roundup logs June 2022 Australian funding events, including GO1's Series E, Edrolo's Series B, two acquisitions, several new funds reaching closes, and accelerator intake announcements.
Also Techboard
A weekly roundup reporting Shippit's $65 million Series B2, several startup raises, Chrysos Corp's ASX listing, and Shopify's acquisition of Deliverr.
Also Startup Daily·Techboard
Biotech startup Ankere Therapeutics launches with a $10 million seed round co-led by IP Group and Brandon Capital to develop inflammatory lung disease therapies, building on research from Monash and UniSA scientists.
Also Brandon Capital portfolio·Startup Daily·@AuManufacturing
Victoria's startup agency has picked a new fund-of-funds firm started by two ex-Hostplus investors to build a state-backed vehicle, with the government cornerstone committed and a matching private raise still to come.