Ledger. Australian venture funding, tracked

Startup

Swinburne University of Technology

Hawthorn, VIC

Coverage

Stories naming Swinburne University of Technology. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

10 deals

SQC among 6 startups sharing $12.3 million in quantum grants

Six Australian quantum startups, including Silicon Quantum Computing and QuantX Labs, have received federal grants totalling $12.3 million under the Critical Technologies Challenge Program for projects in energy, health, biosecurity and logistics.

8 deals

Four Aussie startups that raised $2.86 billion this week (sort of)

Roundup of four Australian raises: Firmus Technologies' US$2 billion round at a $15 billion valuation, Eudaemon's $3.75 million, Zabidou's $3.5 million seed round, and Rampart's $2.3 million.

Also This Week in Australian Startups

News

Breakthrough Victoria's university platform funds EntroMat, Excelligent and Remagine Labs

Victorian pre-seed program BVUIP, backed by Breakthrough Victoria and seven universities, has funded startups EntroMat, Excelligent and Remagine Labs, plus fellowship grants for three PhD-led ventures.

2 deals

NASA is sending an Australian-made lunar rover to the Moon by 2030

NASA confirmed the Australian-built Roo-ver will reach the Moon by 2030 under its Artemis program. The ELO2 consortium, technically led by Lunar Outpost Oceania of Melbourne, has $42 million in Australian Government backing.

2 deals

Manufacturing news briefs — stories you might have missed

Manufacturing roundup: OncoSil Medical locks in commitments for an $8.7 million raise, Soilco completes its purchase of Martins Fertilizers, Avecho collects an R&D rebate, alongside items on apprenticeships, Myriota, Recce and Swinburne research.

Also thecfigroup.com·divestmergeacquire.com·redchip.com.au·wastemanagementreview.com.au

13 deals

Meet the Aussies on the 2025 Forbes 30 Under 30 Asia list

Funding announcement

Breakthrough Victoria and ACU Co-Invest $14 Million In State's Future Growth

Australian Catholic University signs on as the seventh university in Breakthrough Victoria's co-investment platform, with matched funding pledged; the article also recaps four earlier startup investments via Melbourne's Genesis Pre-Seed fund.

3 deals

Winner named for $42 million lunar rover contract

5 deals

Breakthrough Victoria posts $3 million loss

The Victorian government's VC fund Breakthrough Victoria slipped to a loss, its annual report showing startup investments, cost cutting and boardroom departures amid criticism of its spending and performance.

Also Startup Daily·Startup Daily·SmartCompany·Startup Daily

3 deals

Canberra-born startup Liquid Instruments scores $15 million from Breakthrough Victoria

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

Unnamed stage $15m

Liquid Instruments

Breakthrough Victoria announces a $15 million investment in Liquid Instruments, a maker of software-defined test instruments, which plans a Melbourne office, local manufacturing growth and dozens of high-tech hires.

Also Breakthrough Victoria·Breakthrough Victoria·SmartCompany·@AuManufacturing·Startup Daily·SmartCompany·liquidinstruments.com·Startup Daily·Startup Daily·Startup Daily·SmartCompany

3 deals

Manufacturing news briefs – stories you might have missed

Roundup of Australian manufacturing news: Pure Foods Tasmania announces a rights issue, Traffic Technologies banks a shareholder raise, Austal USA appoints a president, and Hanwha's Australian defence chief steps down.

Funding announcement

Media release 21 March 2024

Breakthrough Victoria's media release marks three years, citing more than $300 million committed across direct investments, a fund, a grant and university partnerships, and discusses its Aravax and Seer Medical investments.

2 deals

Manufacturing news briefs — stories you might have missed

Roundup of manufacturing briefs: Latrobe Magnesium's share placement, DroneShield and Cyclopharm results, Graphene Manufacturing Group's US OTCQX listing, an Electro Optic Systems dispute settlement, HEO London recruitment, and a green steel partnership.

19 deals

$51 million for CRC-P industry research collaborations

Federal grants roundup: 21 Cooperative Research Centres Projects awards worth $51 million in Round 15, with EQ Plastics, Optiscan Imaging and NEXSEN BioTech each receiving $3 million for product development.

Also RenewEconomy

2 deals

Manufacturing news briefs — stories you might have missed

Roundup of Australian manufacturing news: a university metaverse partnership, a CSIRO digital appointment, electric buses in Queensland, two secured funding facilities, and several workforce and recycling initiatives.

Also @AuManufacturing

Unnamed stage $5m

Advanced manufacturing startup Bodd raises $5 million

Melbourne body-scanning startup Bodd raised $5 million led by Candice and Nick Hirons to expand into North American wellness, fashion and pharmaceutical markets and grow its uniform business.

Also Startup Daily·SmartCompany·Startup Daily

Fund close $2b

End of year message from the CEO

Breakthrough Victoria's chief executive reviews the investment firm's first operating year, recalling backing for several startups, a university pre-seed fund platform, a quantum technology facility, and a new environmental challenge program.

3 deals

Solar plane and electric vertical take-off and landing technologies win Australian grants

AMSL Aero, Praxis Labs and Swinburne's Air Hub won federal grants under the Emerging Aviation Technology Partnerships program, while AMSL Aero also recently secured $5 million from Trevor St Baker's energy innovation fund.

Also @AuManufacturing

Grant $52m

Gilmour Space lands $52 million grant to ramp up Queensland’s rocket launching ambitions

The Gold Coast rocket maker has won federal co-funding for a 32-member space manufacturing network, backing a Queensland manufacturing hub and a new orbital launch pad at Bowen.

Also Techboard·Startup Daily·Startup Daily·@AuManufacturing

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