Government · 27 deals
Every published round WA Government 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.
Everyone WA Government has named to a program in published coverage. A place in a program is not a raise: the cheque is the figure recorded with the place, which is the program's standard terms where we hold them, and a blank is one we don't.
Companies WA Government has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Woodside Energy | 17 Aug 2022, Grant | 1 | 0 | |
| Camp Connect | 20 Sep 2022, Grant | 1 | 1 | |
| Carbon Ag Solutions | 20 Sep 2022, Grant | 1 | 1 | |
| CleanSubSea | 20 Sep 2022, Grant | 1 | 1 | |
| Click Brick | 20 Sep 2022, Grant | 1 | 1 | |
| Colleagues Matrixx | 20 Sep 2022, Grant | 1 | 1 | |
| Procuracon | 2023, Accelerator | 1 | 0 | |
| ClearVue Technologies | Perth-based building-integrated photovoltaic company | 26 May 2023, Grant | 1 | 1 |
| Metabolic Health Solutions | Provider of medical technology and software to measure and manage patient metabolic rate … | 28 Jun 2023, Accelerator | 1 | 1 |
| Omni Biotech | 28 Jun 2023, Accelerator | 1 | 1 | |
| Speed Signature | 28 Jun 2023, Accelerator | 1 | 1 | |
| Wata Wacha | 28 Jun 2023, Accelerator | 1 | 1 | |
| Austin Engineering | Jul 2023, Grant | 1 | 1 | |
| Fremantle Seaweed | Jul 2023, Grant | 1 | 1 | |
| Good Earth Dairy | Jul 2023, Grant | 1 | 1 | |
| Infinite Green | Jul 2023, Grant | 1 | 1 | |
| Koodaideri Innovation and Technology | Jul 2023, Grant | 1 | 1 | |
| OncoRes Medical | Handheld probing device that assesses during surgery whether all breast cancer tissue has… | Jul 2023, Grant | 1 | 1 |
| FYI | 19 Jul 2023, Grant | 1 | 1 | |
| Wide Open Agriculture Limited | 19 Jul 2023, Grant | 1 | 1 | |
| Earflo | Connected medical device treating chronic ear infections in children at home | 11 Sep 2023, Grant | 1 | 1 |
| Matilda Health Pty Ltd | Digital platform for prehabilitation and post-operative recovery for endometriosis surgery | 28 Sep 2023, Accelerator | 1 | 0 |
| WorkbenchX | 30 Oct 2023, Accelerator | 1 | 0 | |
| Horizon Power | 25 Mar 2024, Grant | 1 | 0 | |
| International Graphite | Graphite processing company advancing operations in Australia and Europe | 22 Apr 2024, Grant | 1 | 0 |
| Australian Remote Operations for Space and Earth | Perth-headquartered, not-for-profit, industry-led consortium focused on making WA a world… | 2026, Grant | 1 | 1 |
| Space Angel | Perth-based startup aiming to create sustainable space infrastructure with dual-corridor … | 17 Aug 2026, Grant | 1 | 1 |
Fund closes reported for WA Government, as distinct from the investments it has made.
Companies WA Government has backed that another company then bought. An exit for the holding, not a deal WA Government did.
| Name | Role | Sources |
|---|---|---|
| Alannah MacTiernan | Hydrogen Minister | @AuManufacturing (6 Dec 2022), @AuManufacturing (20 Apr 2022) |
| Mark McGowan | Premier | RenewEconomy |
| Roger Cook | Premier (former) | RenewEconomy (4 Dec 2025), RenewEconomy (4 Dec 2025), Startup News (WA), Startup Daily, @AuManufacturing (12 Feb 2024), @AuManufacturing (29 Sep 2022), @AuManufacturing (3 Feb 2022) |
| Stephen Dawson | WA Science and Innovation Minister (former) | The Urban Developer, Startup Daily (17 Aug 2026), Startup News (WA) (15 Aug 2026), Startup News (WA) (10 May 2025), Startup News (WA) (5 Dec 2024), Startup News (WA) (27 May 2024), Startup News (WA) (22 May 2024), Startup Daily (11 Apr 2024), Startup News (WA) (21 Sep 2023), Startup News (WA) (21 Mar 2022) |
| The Hon Stephen Dawson MLC | Minister for Innovation | Startup News (WA) |
Stories naming WA Government. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Skalata announces a $5M allocation from Western Australia's $45M venture capital program to back local startups, recalls its existing WA investments, and plans a permanent WA base from 2025.
Perth spaceport venture Space Angel has won Western Australia's entire $1.75 million spaceport establishment grant, to be paired with its own funds for assessing proposed launch sites and a commercial plan.
Also Startup Daily·Space Connect·The Urban Developer·SpaceNews
Weekly roundup: Firmus completes its $2.85b round; Procore acquires DroneDeploy; Atlassian rebounds while Canva cuts guidance; plus fresh raises for Zabidou, BioScout, Vexev, Enrola, Spacetalk and others.
Seven Western Australian defence businesses have received state government grants of as much as $100,000 each to prepare for work in AUKUS supply chains.
H&B Defence will run nuclear propulsion training courses for Western Australian defence industry from next year, backed by a WA government reskilling grant and input from partners HII and Babcock.
Australia's NRFC has injected $150m into Brandon Capital's sixth life-science vehicle, lifting it to a $439m close; past NRFC cheques to local deep-tech firms are also recapped.
Brandon Capital has completed a A$439 million final close for its sixth life sciences fund, bringing the National Reconstruction Fund Corporation and WA Government in alongside backers such as HESTA, Hostplus, CSL and QIC.
WA's government has awarded $34 million from its Investment Attraction Fund to three decarbonisation projects: a Pilbara Minerals–Calix lithium plant, POSCO and Port Hedland Iron's briquetted iron venture, and International Graphite's Collie expansion.
Western Australia's government has grown its WAVC fund-of-funds commitment to $45 million, backing seven venture funds, four WA-based, to invest locally; Skalata's WA portfolio already includes C0-architecture and Omni Biotech.
Perth drone-engine maker Orbital has begun pre-production of two new UAV engines for Textron Systems and DSO National Laboratories, and received government R&D incentives and WA grant conversions.
Oceania Biofuels withdraws its planned Gladstone refinery from federal approval; the article surveys a biofuels sector in retreat, from Fulcrum's US collapse to Carnarvon abandoning a WA plant and Jet Zero's new backers.
Western Australia's government has awarded $8.5 million in grants across three schemes, a health innovation seed fund, commercialisation bridge grants and innovation booster grants, naming dozens of local recipients.
Six Western Australian innovation programs share $547,300 in the latest X-TEND WA grant round, with applications for the next round open and the maximum grant now $150,000.
Eleven WA health organisations, including grant-backed Metabolic Health Solutions, head to the AusMedtech 2024 conference with ministerial support to present devices and pursue new partners.
Founders Factory is launching its first Australian accelerator in Perth, a nature and biodiversity program backed by a $7.2 million WA government grant, with Rio Tinto funding a separate decarbonisation stream.
International Graphite has commissioned Australia's largest micronising plant at Collie in Western Australia, which will make graphite for battery anodes; the project received a $2 million state government grant.
A rolling roundup of Australian energy-sector job moves, listing dozens of executives, directors and ministers joining or leaving utilities, regulators, developers and industry bodies between May and December 2023.
Manufacturing briefs roundup: WA government commits $5m to space facility Fugro SpAARC; Starpharma and Micro-X receive R&D tax refunds; Bulla licenses Violet Crumble for ice cream; SCEE wins $50m in contracts.
WA education startup IDEAcademy has raised A$1.3 million in a round led by Purpose Ventures, whose debut fund has reached $45 million after adding $8 million in fresh commitments.
Perth EV charging startup Wevolt has rolled its software out to charging stations across three more Australian states, having earlier in 2023 won a Western Australian government innovation grant.
Alcolizer is the only Western Australian finalist in the 2023 Australian Technologies Competition; the piece lists all 21 finalists and recalls the testing firm's 2021 federal and 2022 state government grants.
A newly established West Australian venture fund has made its maiden startup investment, backing a telehealth platform founded by three WA entrepreneurs; the fund itself operates with support from a state government grant.
Birchal's cofounder argues equity crowdfunding is closing the capital gap for founders outside the big cities, citing Western Australia's FY23 growth and two regional companies reaching the $5 million cap.
ASTN has received a Western Australian government grant to deliver its sports technology entrepreneurship and pre-accelerator programs in WA, with a Perth launch event scheduled for 25 July.
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.
Roundup of Australian manufacturing news: Matrix Composites raises via convertible note, Cronos hits a sales milestone, Ellen Medical finalists, ASC digitises its supply chain, a hydrogen refueller opens, and Titomic signs a US reseller.
Techboard's monthly roundup tallies October 2022 startup funding at $661m across 99 deals, listing megadeals such as Airwallex, acquisitions, Square Peg's $861m fund close and government grants to program operators.
Also @AuManufacturing
A manufacturing roundup covering a university research grant, a clinker terminal groundbreaking, quantum chip progress, a share placement, a pumped hydro plan, and an autonomous vessel demonstration.
Techboard's anniversary roundup catalogues a month of Australian startup funding: megadeals, three acquisitions, large debt deals, grants, accelerator intakes, and fund news including Archangel Ventures' committed capital.
Woodside Energy has received a Western Australian government grant towards a renewable hydrogen production, storage and refuelling facility near Perth, matched by Woodside and built with BGC and Centurion.
Also @AuManufacturing
Techboard's monthly roundup logs June 2022 Australian funding events, including GO1's Series E, Edrolo's Series B, two acquisitions, several new funds reaching closes, and accelerator intake announcements.
Also Techboard
Magnium Australia has raised funds to scale its carbon-neutral magnesium process, with a proof plant targeted for December; separate government money will back a desalination byproduct feasibility study at Collie.
Stone & Chalk announced the initial companies joining its NSW Government-backed Scaleup Hub in Sydney, aiming to support technology growth and innovation.
Australia commits $140 million in Clean Hydrogen Industrial Hubs grants for Pilbara and Kwinana, plus $4 million critical minerals grants each to Global Advanced Metals and Mineral Commodities.
West Australian medtech Avicena won government approval to trial its Sentinel rapid saliva screening system among fly-in fly-out resources workers; the piece also recalls two earlier state grants supporting the technology's development.
Hastings Technology Metals' Yangibana rare earths project in Western Australia has received a $140 million Northern Australia Infrastructure Facility loan, positioning it to become the state's second major critical metals producer.
Also RenewEconomy
ARENA grants $8.6 million to Western Power for Project Symphony, a distributed energy pilot in Western Australia's main grid with Synergy and AEMO, which earlier secured $26.9 million in government funding.
Index of the venture firm's portfolio updates: financing rounds for AdvanCell and ENA Respiratory, grant awards via incubator programs, two closes of Fund Six, board hires, and Myricx Bio's completed sale to Novartis.
Also Brandon BioCatalyst portfolio·Brandon Capital portfolio·Uniseed·Brandon Capital portfolio·Brandon BioCatalyst portfolio·Brandon BioCatalyst portfolio·Brandon Capital portfolio·Brandon Capital portfolio·Brandon Capital portfolio·SmartCompany·AFR Technology·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·@AuManufacturing·finance.yahoo.com·enarespiratory.com·Mirage News·advancell.com.au·Forbes Australia·datapile.co·Dealroom·Forbes Australia·datapile.co·Biotech Dispatch·fundedstartupsdaily.com·fundedstartupsdaily.com