Accelerator · 6 deals
Ecosystem partner delivering pre-accelerator programs
Melbourne, VIC
Every published round Medtech Actuator 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 |
|---|---|---|---|---|---|---|
| Navi Medical Technologies | Seed | Aug 2023 | $2.4m | Participant | bushletter.com, SmartCompany, Startup Daily (28 Jul 2026), Startup Daily (3 Aug 2023) | |
| Navi Medical Technologies | Grant | Aug 2023 | $700k | Participant | Breakthrough Victoria (16 Feb 2025), Startup Daily, Breakthrough Victoria (2 Aug 2023), Artesian VC portfolio, Artesian VC portfolio | |
| Nutromics | Accelerator | 2 Sep 2025 | $7.5m | Participant | @AuManufacturing (8 Sep 2025), Startup Daily (3 Sep 2025), @AuManufacturing (2 Sep 2025), LaunchVic, Startup Daily (8 Sep 2023) | |
| Seer Medical | Accelerator | undated | - | Lead | SmartCompany, Startup Daily (8 Sep 2023), Startup Daily (30 Jan 2023) | |
| VeinTech | Accelerator | 2021 | - | Lead | Startup News (WA), @AuManufacturing | |
| VitalTrace | Accelerator | undated | - | Lead | Startup News (WA), Startup Daily |
Everyone Medtech Actuator 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 Medtech Actuator has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Navi Medical Technologies | Developer of Neonav, a vascular device to help clinicians insert catheters into veins of … | Aug 2023, Grant | 2 | 0 |
| Nutromics | diagnostics startup | 2 Sep 2025, Accelerator | 1 | 0 |
| Seer Medical | Medtech company providing advanced patient monitoring and diagnostics | Accelerator | 1 | 1 |
| VeinTech | Medtech startup tackling difficult intravenous access | 2021, Accelerator | 1 | 1 |
| VitalTrace | Continuous lactate biosensors for real-time fetal monitoring | Accelerator | 1 | 1 |
Fund closes reported for Medtech Actuator, as distinct from the investments it has made.
Companies Medtech Actuator has backed that another company then bought. An exit for the holding, not a deal Medtech Actuator did.
| Name | Role | Sources |
|---|---|---|
| Dr Mukesh Haikerwal | Chair | Startup Daily |
Stories naming Medtech Actuator. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of eight Australian and New Zealand startups whose late-July funding totals $102 million across space capsules, medical devices, livestock breath analysis, sports analytics and AI crop forecasting.
Melbourne paediatric device maker Navi Medical Technologies has banked $6.8 million, led by KP Rx, to take its Neonav catheter tool into the US market following regulatory clearance.
Also navitechnologies.com·meditechtoday.com·PR Newswire·SmartCompany·raising.fi·Startup Daily·bushletter.com
As Breakthrough Victoria and LaunchVic combine into Innovation Victoria, nine partner organisations will share government funding to run pre-accelerator programs for founders at the idea stage.
MedTech Actuator alumni are behind Synthesis Capital, a new venture fund courting investors for up to $100m to back young health technology companies across Australia and the Asia-Pacific.
Weekly roundup reporting eight Australian startups together raised $85.6 million across mining tech, cybersecurity, waste, energy storage, health and micromobility, plus a Google.org grant for Global Sisters.
Melbourne medtech Navi Medical Technologies has raised $2.4 million to develop its device guiding catheter placement in newborns, led by Breakthrough Victoria with Medtech Actuator and Artesian VC also participating.
Breakthrough Victoria is putting $700,000 into Navi Medical Technologies' round alongside Medtech Actuator and Artesian VC, helping the Melbourne medtech develop its newborn catheter guidance device toward regulatory approval.
LaunchVic will give MedTech Actuator a further $2.4 million over three years to double its accelerator intake and back at least 30 Victorian startups; Nutromics is cited as a past funding recipient.
Victoria is adding $2.4 million over three years to the MedTech Actuator accelerator via LaunchVic, letting it double its startup intake, with wearable-diagnostics firm Nutromics cited as a program success story.