Ledger. Australian venture funding, tracked

CEO, Uniseed

Dr Peter Devine

Coverage

Stories naming Dr Peter Devine. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

5 deals

Uniseed boss Peter Devine calls time on 20 years leading Australia's OG VC

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.

6 deals

Uniseed adds another $25m from UniSuper to commercialise academic research

UniSuper adds a further $25 million to its backing of Uniseed, reaching $100 million in total support for the university research commercialisation fund; past cheques to quantum and biotech startups are recapped.

Series B $14.5m

Kinoxis secures $14.5m in funding and announces expansion of clinical programs to target agitation and aggression in dementia patients

Australian biotech Kinoxis Therapeutics raised $14.5 million in Series B backing from Uniseed, UniSuper and others to fund Phase 2 trials of KNX100 for dementia-related agitation, including a new Australian study.

Also SmartCompany·Startup Daily·Startup Daily

Fund close $6.8m

Pioneering VC fund Uniseed doubles its backers as five universities, including Monash, UTS and Macquarie, chip in

Uniseed adds Monash and a four-university NSW collaboration, lifting its third fund by $6.75 million to $56.75 million; the article recalls past portfolio sales to Novartis, Shire and Schneider Electric.

Fund close $75m

UniSuper tips $75 million into early stage VC Uniseed

UniSuper commits $75 million to Uniseed, the research commercialisation fund owned by four universities and CSIRO, its first venture investment; past portfolio sales to Schneider Electric, RTP Co and Novartis are recalled.

3 deals

Australian pain drug innovation company Spinifex Pharmaceuticals sold to Novartis for US$200m plus milestone payments

GBS Ventures reports Novartis has agreed to acquire chronic-pain drug developer Spinifex Pharmaceuticals for US$200 million upfront plus milestones, recalling the company's 2005, 2008 and 2014 venture rounds and its Australian investors.

Also GBS Ventures·novartis.com·clinicalleader.com·Startup Daily·Startup Daily·anthillonline.com·@AuManufacturing·materresearch.org.au·Business News Australia

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