Startup · $9m raised
Melbourne, VIC
Every investor coverage indicates participated in a round Neo-Bionica raised.
| Investor | Rounds | Invested |
|---|---|---|
| Victorian Government | Grant | $4,000,000 |
| Breakthrough Victoria | Venture debt | $5,000,000 |
Companies Neo-Bionica 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 |
|---|---|---|
| Dr Colin White | Non-executive Director | @AuManufacturing |
| Dr Ludovic Labat | CEO | @AuManufacturing (27 May 2024), Startup Daily, SmartCompany, @AuManufacturing (16 May 2024), Breakthrough Victoria, LaunchVic |
| Stéphane Chatonsky | Non-executive Director | @AuManufacturing |
| Thomas Crugnale | Engineering Manager | @AuManufacturing (16 Aug 2024), @AuManufacturing (6 Sep 2023) |
| Uli Gommel | Chief Technology Officer | @AuManufacturing (16 May 2024), @AuManufacturing (6 Sep 2023) |
Stories naming Neo-Bionica. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Breakthrough Victoria publicises an EY study projecting its portfolio could add billions to Victoria's economy by 2035, citing its deal count, committed capital, co-investment leverage and returns to date.
Briefs roundup: Forbidden Foods is acquiring oat milk maker Oat Milk Goodness alongside a $650,000 raise, Orbital Corporation wins a $1 million WA grant, and Sam Roberts becomes Professionals Australia's CEO.
The Victorian government-backed venture fund's inaugural CEO Grant Dooley is resigning after nearly three years, with no replacement named; the fund's past backing of Neo-Bionica, Atmo Biosciences and RayGen is recalled.
Victorian government-backed investor Breakthrough Victoria has put $15 million into Liquid Instruments, a maker of reconfigurable instruments expanding to Melbourne; earlier raises by Acorn Capital and Anzu Partners are also recalled.
Also SmartCompany
Weekly roundup covering five Australian startups' raises: an insurtech Series E, a digital ID Series A, medtech and proptech funding, and a recycling platform's equity crowdfunding campaign.
Breakthrough Victoria details its $5 million convertible note investment in Neo-Bionica, a Melbourne medtech manufacturer co-founded by the University of Melbourne and Bionics Institute, which earlier received $4 million from the Victorian Government.
Also @AuManufacturing
Breakthrough Victoria is putting $5 million into Neo-Bionica, a Melbourne medical device manufacturer, to grow its prototyping, clinical trial and production capabilities, with the company expecting as many as 45 additional roles.
Also Breakthrough Victoria·SmartCompany·Startup Daily·@AuManufacturing·SmartCompany·Startup Daily·@AuManufacturing
Weekly roundup detailing nine Australian startup funding rounds totalling $107.35 million, spanning pet e-commerce, quantum sensors, proptech, agtech, EV charging, sailing apparel, marketing tools, consumer goods and pregnancy wearables.
Also Startup Daily·Australian FinTech·SmartCompany·AgFunderNews
Victorian medtech startup Kali Healthcare topped up its pre-seed round to one million dollars, with LaunchVic's Alice Anderson Fund joining University of Melbourne, to advance its remote pregnancy monitoring wearable.
Also LaunchVic·SmartCompany