Ledger. Australian venture funding, tracked

Company

Western Australian Department of Health

Coverage

Stories naming Western Australian Department of Health. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Unnamed stage $27m

OncoRes Medical today announced it has closed an AUD $27M private funding round (‘the Funding round’) to progress clinical development and regulatory milestones for its Quantitative Micro-Elastography (QME) Imaging System, Elora™.

Perth-based OncoRes Medical has secured $27 million from Brandon Capital's BB6 Fund, Morgans, Radar Ventures and others to advance its Elora breast-surgery imaging device through an Australian clinical trial toward FDA approval.

Also oncoresmedical.com

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

2 deals

State Government Backs OncoRes Medical with Funding to Manufacture Digital Cancer ImagingDevice in WA

OncoRes Medical has received a $3 million WA government grant to manufacture its surgical cancer-imaging device locally, its latest funding after a 2022 Series A2 and earlier state and federal grants.

Also Brandon BioCatalyst portfolio·Startup News (WA)

2 deals

Australian medical device company secures additional $12.5m to advance its breast cancer imaging system towards clinical trials

Perth medtech OncoRes Medical announced $12.5 million: a $9.5 million Series A2 co-led by Brandon Capital and Australian Unity, plus a $3 million government grant, and hired a new R&D vice president.

Also Brandon Capital portfolio·Brandon BioCatalyst portfolio·Brandon Capital portfolio·Brandon Capital portfolio·Brandon BioCatalyst portfolio·Startup News (WA)

2 deals

Personal care company selling in 12 countries | Awarded Australian government grant | $1.5M already raised

Wholesale Investor profiles Dr Mark's HyGenie, an oral hygiene company that has raised $1.5 million in a Series A and received a $1 million Australian government commercialisation grant, and is now offering $5 million.

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