Tag: Breakthrough Victoria

Victoria to seed 50 startups from universities

Posted on   |  by Justin Hendry
The Victorian government will seed as many as 50 startups through an Australia-first fellowship program that gives university students and PhD candidates the opportunity to commercialise early-stage research. The...

Victoria’s VC fund posts loss after grants drop off

Posted on   |  by Justin Hendry
The Victorian government’s $2 billion venture capital fund recorded its first loss since inception last financial year, despite adding more than $190 million in new investments to its portfolio....

Victoria invests $5m in local 3D printing firm

Posted on   |  by Justin Hendry
Breakthrough Victoria has invested $5 million in Conflux Technology, a Gelong-based startup 3D printing heat exchangers for the aerospace, defence and automotive industries. The investment, part of a wider...

Gig Guide: Inaugural Breakthrough Victoria CEO calls time

Posted on   |  by Brandon How
Breakthrough Victoria’s inaugural chief executive Grant Dooley has announced his intention to step down after three years in the role. The organisation, which manages the state government’s $2 billion...

Breakthrough Victoria backs MedTech commercialisation

Posted on   |  by Joseph Brookes
The Victorian government’s venture capital fund on Thursday announced it has invested $5 million into a Melbourne MedTech commercialisation firm as it faces renewed criticism from the state opposition...

Vic Budget cuts $360m from govt VC fund

Posted on   |  by Justin Hendry
The Victorian government will strip $360 million from its venture capital fund and extend the investment horizon from 10 to 15 years, as it seeks to make more “quality...

LaunchVic lands $40m boost in state Budget

Posted on   |  by Brandon How
The Victorian government has set aside $40 million for its startup agency LaunchVic as part of a 10 per cent increase in overall Budget funding for Industry, Small Business...

$37m to bring high-altitude balloon company to Victoria

Posted on   |  by Brandon How
Breakthrough Victoria has invested $37 million to bring US-based observation balloon company World View to the state, its largest single investment to date. The company will use the funding...

A $20m ray of light for energy startup RayGen

Posted on   |  by Max Rattray
Breakthrough Victoria has invested $20 million into local energy startup RayGen Resources to drive the state’s energy transition and boost local manufacturing in the renewables sector. RayGen uses an...