Startup · $5.9m raised
Sydney, NSW
Every investor coverage indicates participated in a round University of Technology Sydney raised.
| Investor | Rounds | Invested |
|---|---|---|
| Advanced Strategic Capabilities Accelerator | Grant · Grant | - |
Every published round University of Technology Sydney 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 |
|---|---|---|---|---|---|---|
| Algenie | Unnamed stage | Sep 2024 | $1.1m | Participant | SmartCompany, AgFunderNews |
Companies University of Technology Sydney has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Algenie | Sep 2024 | 1 | 0 |
Fund closes reported for University of Technology Sydney, as distinct from the investments it has made.
Companies University of Technology Sydney has backed that another company then bought. An exit for the holding, not a deal University of Technology Sydney did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of University of Technology Sydney is recorded as having been acquired. | ||||
Companies University of Technology Sydney acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Dr Anna Wright | Senior Lecturer (former) | SmartCompany |
| Fang Chen | Executive Director of UTS Data Science Institute | @AuManufacturing |
| Michael Blumenstein | Pro Vice Chancellor | @AuManufacturing |
| Professor Andrew Parfitt | Vice-Chancellor | @AuManufacturing, Defence Connect |
| Professor Roy Green | Emeritus Professor | @AuManufacturing |
Stories naming University of Technology Sydney. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Defence's innovation accelerator has awarded three more contracts under its emerging and disruptive technologies program, funding quantum and information-warfare work at CSIRO, four universities and Silicon Quantum Computing, adding $9 million to the program.
Airtree Ventures and Stone & Chalk have opened Venture Suites, a Sydney workspace giving Airtree portfolio startups offices plus mentorship and investor access, with Reejig, CipherStash and Human Health as early tenants.
Advanced Navigation trialled technology that tracks commuters' phones inside underground stations at Castle Hill in Sydney, aiming to help people with vision impairment navigate transport interchanges where GPS performs poorly.
Defence grants totalling over $60 million went to 21 Australian organisations, with quantum software firm Q-CTRL among the recipients of contracts under a federal emerging technologies program.
Canberra is funding 21 quantum and counter-disinformation defence projects, awarding $60 million in grants through ASCA's Emerging and Disruptive Technologies programme to universities and companies nationwide.
Also Startup Daily·Startup Daily·Startup Daily·@AuManufacturing
Manufacturing roundup: Noizend's grants and UTS work, PPK's planned Li-S share distribution, a Bathurst recycling trial, Aurecon's CETRI role, an ELA regulatory hire, BioPak's OzHarvest support, and ANSTO's reactor restart.
Australian algae startup Algenie raises A$1.1 million from University of Technology Sydney and Better Bite Ventures while unveiling a thin-layer photobioreactor designed to make algae production dramatically cheaper for fuels, plastics and feed.
Also SmartCompany
Data centre company AirTrunk's multi-billion-dollar sale to Blackstone and a Canadian pension board is celebrated by founders of South Asian heritage, who see Robin Khuda's journey as inspiration for Australia's startup ecosystem.
Also Forbes Australia·ARN (ARNnet)·SmartCompany·Forbes Australia
Manufacturing roundup: Australian Vanadium and entX land government grants, Hexagon Energy Materials completes a $1 million round, Australian Dairy Nutritionals appoints a CEO, Aurora Labs adds a director, plus vessel, export and research briefs.
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.
A student-run venture fund launches alongside research showing university founders have attracted backing topping $1.2 billion, though women-led teams receive a small share; Blackbird is the most active backer.
Space Machines Company says its Optimus orbital servicing vehicle, described as Australia's largest private satellite, lifted off aboard a SpaceX Falcon 9, with Australian firms and research partners among those involved in the mission.
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
Sydney startup Refilled has raised a A$1.3 million seed round, with Melt Ventures leading and Envato's Ta'eed brothers among backers, to scale refill stations that cut single-use plastic; Google is already a customer.
Profile of Refilled, a Sydney climate tech startup whose refill vending machines dispense drinks into customers' own bottles; backers include angels and Melt Ventures, with machines installed at two universities.
Also Startup Daily
Advanced Navigation opened a machine learning-enabled robotics manufacturing facility at UTS Tech Lab in Sydney, aiming to scale production of GPS-denied navigation systems and deepen its research partnership with UTS.
Profile of BindiMaps, a Sydney accessibility wayfinding app founded in 2017, covering its SheStarts grant origins, early funding, customers across Australia and overseas, and expansion plans.
ARENA grants Solar Analytics $929,000 to build Solar Maximiser, a free tool assessing household consumer energy resources, alongside hot water demand research by UTS.
Manufacturing roundup: Memphasys IVF birth and Japanese orders, FIAL chair change, DroneShield's DroneGun Mk4, Austeng's hydrogen burner grant, UNSW recycling hub launch, Symbio laboratory, apprentice award, and MathWorks joining Universal Robots' ecosystem.
Roundup of Australian manufacturing news: Austin Engineering and Thales win government grants, IMCRC hands futuremap to the Australian Industry Group, AMSL Aero completes its eVTOL's first flight, and Gale Pacific reports half-year earnings.
Canberra and Berlin award HyGATE initiative grants to green hydrogen projects led by Edify Energy with Siemens and by ATCO, plus electrolyser developer Hysata, backing early stages of gigawatt-scale Australian plans.
Also RenewEconomy
Profile of Cairns startup Rainstick, which uses artificial lightning to boost mushroom growth. It won $20,000 from Dream Ventures, has taken in $200,000, and joined CSIRO's ON Accelerate with nine other teams.
Stone & Chalk announced the initial companies joining its NSW Government-backed Scaleup Hub in Sydney, aiming to support technology growth and innovation.
A consortium led by Vlepis received a $1.48 million federal CRC-P grant for a two-year sensor and AI project supporting aged-care triage, with partners including CARETEQ, UTS, RMIT and the NSW Smart Sensing Network.
Blackbird presents its seven new investment associates, profiling their varied backgrounds across elite sport, science, banking, consulting and startups, plus prior roles at firms including Sprint Ventures, NZ Growth Capital Partners and AustralianSuper.