Ledger. Australian venture funding, tracked

Company

University of Newcastle

University where Facet Amtech was previously based

Newcastle, NSW

Coverage

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

15 deals

🇦🇺 This Week in Australian Startups #179, 26th September 2026

Weekly roundup recording a dozen raises and acquisitions, Firmus's scheduled float, a new $50m venture fund, a founder share sale, grant winners, an accelerator intake, and an AI agent's government breach.

Also Dynamic Business·DealStreetAsia·This Week in Australian Startups·Dealroom·ABC News Technology

undisclosed $3m

Our investment in Facet Amtech: Rethinking how the world makes ammonia

Main Sequence explains its decision to back Facet Amtech again alongside Uniseed in a $3 million round, funding the startup's water-based ammonia catalyst work and its first pilot plant.

Also AgFunderNews·Dealroom

Funding announcement

Remarkable, Catalysr and Indigenous pre-accelerators score NSW government support for diverse founders

Four organisations join a NSW government diversity pre-accelerator program as delivery partners, running programs for migrant, disability and First Nations founders alongside two university-based partners already on the roster.

News

UNSW to fast-track female founders in new $4m NSW Government program

UNSW Founders will run the NSW Government's new $4 million Diversity Pre-Accelerator Program for female and culturally diverse health founders, with the University of Newcastle also delivering support; applications open in July.

News

Minns Labor Government puts female founders in the fast lane with launch of Diversity Pre-Accelerator Program

The NSW Government has opened the first round of its $4 million Diversity Pre-Accelerator Program for female founders, appointing University of Newcastle and UNSW Founders to deliver training and mentoring for women-led startups.

6 deals

Remarkable alumni ByStorm Beauty lands $30,000 in government-backed women founder program

Newcastle founder Storm Menzies' accessible makeup tools startup ByStorm Beauty won the federally backed Kickstarter Challenge, receiving equity-free prize money, with four runner-up startups also awarded smaller prizes at a Canberra grand final.

Also SmartCompany

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.

3 deals

From lab to launch: How CSIRO ON Accelerate 9 is powering the next big deep tech startups

CSIRO's ninth ON accelerator cohort of eleven research teams has completed the program, with three members winning grants, two filing patents, and individual awards announced.

Also Business News Australia

Funding announcement

Here are the 11 deep tech startups to emerge from CSIRO's ON Accelerate

CSIRO's ON Accelerate program presents its ninth intake of eleven research startups, drawn from universities nationwide and the agency itself, spanning biotech, healthcare and sustainability, at a Melbourne showcase.

Grant $15m

Best of the week — the five most popular stories among readers, January 20 – January 24, 2025

Roundup of the week's five most-read manufacturing stories: a defence radio contract for Codan, university facility funding, a WEF white paper, ASCA missile-defence awards, and a port chair's farewell.

4 deals

Green steam: US oil giant taps Australian thermal storage start-up for “real-world” trial

Chevron partners with NSW thermal-storage maker MGA Thermal on a FEED study toward a possible trial; the piece also recounts earlier raises from Main Sequence, ARENA, Melt Ventures, Jekara and Shell.

Unnamed stage ≤$4.7m

Manufacturing news briefs – stories you might have missed

Roundup: 1414 Degrees locks in as much as $4.7m from Lind Global Fund II; Queensland Hydro awards Borumba dam contracts; FWPA's research chief is retiring; La Trobe and BIRAC sign a biotech corridor pact.

2 deals

Manufacturing news briefs – stories you might have missed

Manufacturing roundup: IDT Australia and Genetic Signatures announce capital raisings; Memphasys and Genetic Signatures appoint new chief executives; NIOA opens a US office; DefendTex holds acquisition talks with Brazil's Avibras; a cobotics PhD ends.

21 deals

ARENA awards $59.1 million to hydrogen, steel-related R&D projects

Australia's renewable energy agency handed out $59.1 million in grants across two rounds, backing 21 university, CRC and startup projects in green hydrogen and cleaner iron and steel production.

Also RenewEconomy

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

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.

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.

Funding announcement

Here are the five amazing startups to emerge from UNSW's Climate 10x accelerator program

Five climate startups from UNSW Founders' Climate 10x accelerator shared $580,000 backed by Virescent Ventures and UNSW, presented at the 10x Demo Day featuring 25 ventures across several founder programs.

News

Meet the Founder: ARC Ento Tech on mining the power of bugs to tackle the global trash crisis

Profile of Australian startup ARC Ento Tech, whose black soldier fly process turns municipal waste into animal feed, fertilizer and an industrial reductant. Founders Ramon and Ricky Atayde explain the decentralised model; the company is fundraising, with no round stated.

Unnamed stage $35m

Manufacturing news briefs — stories you might have missed

Manufacturing roundup: MGA Thermal's production milestone, Downer's Queensland train contract, a Nyrstar Hobart appointment, Cooperative Research Australia's NRF submission, and Anteris Technologies' $35 million share placement.

Grant $1.3m

MGA Thermal to demonstrate a fresh approach to energy storage

ARENA is giving MGA Thermal 1.27 million dollars to build a pilot thermal energy storage unit near Newcastle, demonstrating steam generation from stored heat for industrial and grid uses.

Also mgathermal.com·RenewEconomy·@AuManufacturing·SmartCompany·@AuManufacturing·@AuManufacturing·@AuManufacturing·RenewEconomy·mgathermal.com·@AuManufacturing·RenewEconomy·RenewEconomy

Funding announcement

10 promising climate change startups in the new EnergyLab accelerator program

EnergyLab's 2022 Climate Solutions Accelerator has taken ten Australian climate tech startups into its six-month program, backed by $750,000 in total pre-seed funding from angel investors, half again more than the prior year.

Unnamed stage $8m

Australian thermal storage start-up nears production at Newcastle plant

MGA Thermal has opened the first stage of its Newcastle manufacturing facility, targeting daily production of thermal storage blocks, and the article recalls its $8 million raise backed by Main Sequence and other investors.

Also @AuManufacturing·@AuManufacturing·@AuManufacturing·RenewEconomy·RenewEconomy

Grant $50m

Federal government awards $50 million to new clean tech and recycling Trailblazer hub

A consortium led by two Australian universities has received a $50 million federal Trailblazer grant for recycling and clean energy research commercialisation, following hubs announced for Curtin and Adelaide under the same program.

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