Why long-horizon innovation needs more than good ideas
An analysis of what Australian long-horizon research commercialisation requires, citing Gilmour Space, Cochlear and BluGlass as illustrations of patient capital and ecosystem support needs.
Startup · $1.5m raised
Sydney, NSW
Every investor coverage indicates participated in a round Macquarie University raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Renewable Energy Agency | Grant | $1,500,000 |
| Defence | Grant | - |
Every published round Macquarie University 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 |
|---|---|---|---|---|---|---|
| Celosia Therapeutics | Seed | 28 Nov 2022 | $2m | Participant | Startup Daily (29 Nov 2024), SmartCompany (29 Nov 2024), SmartCompany (1 Dec 2022), Startup Daily (28 Nov 2022) |
Companies Macquarie University has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Celosia Therapeutics | Developing advanced gene therapies for ALS; spun out of Macquarie University. | 28 Nov 2022, Seed | 1 | 0 |
Fund closes reported for Macquarie University, as distinct from the investments it has made.
Companies Macquarie University has backed that another company then bought. An exit for the holding, not a deal Macquarie University did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Macquarie University is recorded as having been acquired. | ||||
Companies Macquarie University acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| David Skellern | Honorary Professor | @AuManufacturing |
| Dr Kathryn Sunn | Director of Commercialisation | Startup Daily |
| Dr Martin Ams | Product Engineer | @AuManufacturing |
| Dr Ondrej Kitzler | Research Fellow | @AuManufacturing |
| John Mathews | Professor Emeritus | RenewEconomy |
| Mike Boers | Industry Professor | @AuManufacturing |
| Prof Lars Ittner | Researcher | Startup Daily (29 Nov 2024), Startup Daily (28 Nov 2022) |
| Professor Dan Johnson | Pro Vice-Chancellor, Research, Innovation and Enterprise | @AuManufacturing |
| Professor Lucy Marshall | Executive Dean of the Faculty of Science and Engineering | @AuManufacturing |
| Professor Neil Weste | Adjunct Professor | @AuManufacturing |
| Professor Roger Chung | Medical Researcher | Startup Daily |
| Professor S. Bruce Dowton | Vice-Chancellor | Startup Daily |
| Professor Sakkie Pretorius | Deputy Vice-Chancellor, Research | @AuManufacturing |
Stories naming Macquarie University. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
An analysis of what Australian long-horizon research commercialisation requires, citing Gilmour Space, Cochlear and BluGlass as illustrations of patient capital and ecosystem support needs.
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