Ledger. Australian venture funding, tracked

Startup · $2.2m raised

The University of Sydney

Sydney, NSW

Coverage

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

4 deals

Dementia biotech Kinoxis raises $6.75 million with a $2.5m grant as cherry on top

Melbourne dementia drug developer Kinoxis secured $6.75 million equity led by Main Sequence plus a $2.5 million Medical Research Future Fund grant via CUREator+, funding trials of its agitation and pain drug candidates.

8 deals

Federal government slips $12.7 million to 8 quantum projects tackling energy, minerals and health

Eight university- and company-led Australian quantum projects share $12.7 million in stage-two Critical Technologies Challenge Program grants, funding prototypes for data-centre cooling, medical imaging and rare-earth detection.

Key hire

DroneShield makes high-profile appointments of defence, government strategists

DroneShield has appointed four seasoned national-security figures — van Haren, Osley, McLachlan and Lam-Evans — to strategy, advisory and government-relations roles as the counter-drone company scales.

Unnamed stage ~$7.5m

SYNthesis BioVentures Newsletter no. 3

SYNthesis BioVentures' third investor letter reports a roughly A$7.5m first close for Alzheimer's biotech S2N, lists co-investors, and profiles managing director Amir's career across OneVentures, Ceres Capital and other life-sciences roles.

17 deals

Manufacturing news briefs – stories you might have missed

Manufacturing sector roundup: Whyalla steelworks resumes production, Maggie Beer Holdings' chief executive to depart, ReNu Energy secures hydrogen funding, Defence names grant recipients, Orthocell gains Canadian approval, and AEA appoints its advisory board.

21 deals

ARENA boosts funding and names winners for green hydrogen, iron and steel projects

The Australian Renewable Energy Agency has expanded its hydrogen and green metals research funding to $59.1 million across 21 projects, with recipients including Hysata, Curtin University and Fortescue subsidiary MIH2.

Also @AuManufacturing·@AuManufacturing

Funding announcement

Here are the 12 deep tech startups CSIRO chose for its latest ON Accelerate program

CSIRO has picked twelve deep-tech teams, mostly from Australian universities, for the eighth edition of its ON Accelerate commercialisation program starting in February 2024.

Funding announcement

Vaxxas Announces and Publishes Successful Phase I Clinical Trial for Measles and Rubella Vaccine Delivered Using its Proprietary High-Density Microarray Skin Patch; Plan for Phase I/II Trial in The Gambia, Africa

Vaxxas reports positive Phase I results for its needle-free skin-patch delivery of a measles-rubella vaccine, with Gates Foundation grant funding and a planned PATH-sponsored Phase I/II trial in The Gambia.

Unnamed stage $16m

$16m cash injection to progress first-in-class therapy for inflammation and fibrosis

Australian biotech OccuRx secured $16 million co-led by Brandon BioCatalyst and Uniseed, including a CUREator grant, to advance its oral anti-fibrosis therapy into kidney disease trials; two executives also joined.

Also Brandon BioCatalyst portfolio·Startup Daily

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