Ledger. Australian venture funding, tracked

Government · 1 deal

US Defense Innovation Unit

Silicon Valley, OS

Coverage

Stories naming US Defense Innovation Unit. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

News

Q-CTRL completes milestone maritime vessel navigation without GPS using quantum gravimeter

Defence tech firm Q-CTRL reports a first-at-sea trial navigating a vessel with no satellite positioning, using a quantum gravity sensor hardened by software, reaching nautical-mile accuracy and extending its navigation product line.

Series A $46m

Superfast plane startup Hypersonix raises $46 million, with federal government tipping in

Hypersonix, a Queensland company developing hypersonic planes that run on hydrogen, has secured a Series A backed by a UK fund, government investors and Saab.

Also SmartCompany·Dealroom

Unnamed stage ≤$20m

National security fund invests in specialist boat builder

Bondi Partners' 1941 fund has put $5 million into The Whiskey Project Group's latest capital raise, which could reach $20 million and will fund US expansion plus growth of its NSW boatyard.

3 deals

ENA Respiratory Announces Extension of U.S. Department of Defense Funding for Novel Prophylactic Antiviral

Melbourne's ENA Respiratory has won a further US$3.18 million US Defense Department contract to widen its INNA-051 Phase Ib trial to younger adults, extending the US$8.18 million the agency had already committed.

Also Brandon BioCatalyst portfolio·Brandon Capital portfolio·Brandon Capital portfolio·enarespiratory.com

Grant US$4.4m

ENA Respiratory Awarded $4.38 Million U.S. Department of Defense Agreement to Fund Development of Broad-Spectrum Antiviral INNA-051

ENA Respiratory receives a USD 4.38 million U.S. Department of Defense agreement to develop an intranasal dry powder antiviral; its past Series A backers are also recalled.

Also Brandon Capital portfolio

Something wrong? Tell us