Government · 2 deals

Queensland

Disclosed deals

Every published round Queensland 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
Cauldron Ferm	Grant	3 Oct 2024	$4.3m	Participant	Queensland Government Industry Growth Program federal department of industry	Startup Daily, AgFunderNews, SmartCompany
Fortescue	Grant	undated	$66m	Lead	State of Queensland Queensland Government	Mirage News, RenewEconomy (1 Jul 2026), RenewEconomy (20 Apr 2026), RenewEconomy (20 Apr 2026)

Portfolio

Companies Queensland has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds	Led
Cauldron Ferm	Deep tech startup using hyper-fermentation to produce proteins, materials and chemicals w…	3 Oct 2024, Grant	1	0
Fortescue	Mining company using CorePlan's platform	Grant	1	1

Funds

Fund closes reported for Queensland, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for Queensland yet.

Portfolio companies acquired

Companies Queensland has backed that another company then bought. An exit for the holding, not a deal Queensland did.

Company	Bought by	Kind	Announced	Price
No portfolio company of Queensland is recorded as having been acquired.

Name	Role	Sources
David Janetzki	Treasurer	This Week in Australian Startups

Coverage

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

12 deals

🇦🇺 This Week in Australian Startups #180, 4th October 2026

Weekly roundup reporting Australian startup funding rounds and government grants, a venture fund close, agreed acquisitions, an IPO pricing, a collapse, plus executive hires and AI policy developments.

This Week in Australian Startups 4 Oct 2026 Avicena Systems Eastend Ventures FeBI Heidi Health iQ Sense Q Factorial QuantX Labs R2Crete Silicon Quantum Computing Skopos Bio Trendspek Adobe Advanced Navigation Airwallex Ampol Anthropic Atlassian AUDC Barrenjoey Baseten Big Picture Medical Blackbird Ventures Droneshield Evie Networks Firmus Technologies Fusion Venture Labs Goldman Sachs Harrison AI InDebted Lorikeet Megaport Meta Monoova Morgan Stanley Nearmap Nexl OFX OpenAI Orbit2Orbit Ord Minnett Paperbark Perennial Private Investments Planet Startup Potentia Capital PsiQuantum Queensland RBA REA Group Redbelly Network RedEarth Energy Storage Ltd REX Royal Commission into AI Scalare Partners Sicona Stanford Tank Stream Labs Tech Council Thoma Bravo Thorney Unilever University of Melbourne Watchful WeMoney Blockwall Digital Assets Fund Critical Technologies Challenge Program Funds SA Genesis Pre-Seed Fund OIF Ventures Shape Capital Tenmile Tin Alley Ventures Uniseed Yosemite Brendan Lee Chris Lehane Chris McNamara Christian Westerlind Wigstrom Christopher Manning David Janetzki Iain Ross Ian Wang Josh Foreman Josh Parsons Kate Pounder Matt Redden Philipp Thurner Sam Altman Trevor St Baker

4 deals

No customers: Plans for Townsville hydrogen project scrapped after failing to find buyers for the product

Edify Energy has shelved its Townsville green hydrogen plant for want of buyers, pivoting to solar and storage builds; governments are separately seeking repayment of hydrogen subsidies, including from Fortescue's closed Gladstone plant.

RenewEconomy 20 Apr 2026 Edify Energy Fortescue Australian Renewable Energy Hub (AREH)Kwinana Energy Transformation Hub (KETH)Quinbrook Regional Hydrogen Hubs program Western Green Energy Hub (WGEH)Australian Renewable Energy Agency Queensland the federal government

Also RenewEconomy·RenewEconomy·Mirage News

14 deals

The Week in AgriFoodTech: Fly farmer catches $58m, new deals for restaurant tech, TR4-resistant bananas

Weekly agrifoodtech roundup covering startup funding rounds, two venture fund closes, executive appointments, and new products such as a disease-resistant banana and 3D-printed protein.

AgFunderNews 3 Oct 2024 ÄIO Cauldron Ferm DCVC Bio Foreverland HungryPanda BeeHero FTW Ventures Ivy Farm Technologies Meatable Micropep Technologies Revo Foods Sabanto Syngenta Ÿnsect Hillhouse Capital Queensland Harsh Amin

8 deals

The Week in AgriFoodTech: eFishery snaps up $30m, impact VC Pollination launches $150m fund

Roundup of the week's agrifoodtech news: an Indonesian aquaculture startup's US$30m debt raise, a Queensland-backed climate fund close, several smaller raises, a micro-fulfillment firm's bankruptcy filing and an ag-analytics platform shutting down.

AgFunderNews 6 Jun 2024 eFishery Hatch Blue Pollination Group Bayer Believer Meats BetterSeeds Brevel CNH Eat Just GOOD Meat North Carolina State University Oishii Pairwise Phospholutions Protein Industries Canada Syngenta EIT InnoEnergy Queensland

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.

Something wrong? Tell us