Department of State Development South Australia

The Department of State Development in South Australia focuses on fostering job creation and economic growth by assisting industries, businesses, and communities in identifying and seizing opportunities. It leverages the expertise of the South Australian Government to attract investment, enhance industry competitiveness, and develop a skilled workforce. The department highlights the potential of key sectors such as minerals and energy resources, manufacturing, health and biotechnology, and arts and culture, enhancing the state's attractiveness for living, working, studying, and conducting business. Recent initiatives include the creation of industry roadmaps and skills development frameworks, underscoring a commitment to innovation, scientific advancement, and collaborative partnerships. The Department of State Development is dedicated to driving research and education initiatives that are essential for building the skilled workforce needed to support South Australia's diverse industries.

Marco Baccanti

Chief Executive of Health Industries South Australia

4 past transactions

Paladin Space

Grant in 2024
Paladin Space, established as a corporation, specializes in space sustainability. Its primary business is the development and operation of the first reusable space debris removal system, designed to mitigate the growing threat of orbital debris. The company's innovative satellite technology can capture and remove multiple small debris targets, promoting sustainable practices in Earth's orbit and contributing to advancements in in-orbit recycling and situational awareness.

Life Whisperer

Seed Round in 2018
Life Whisperer develops AI-powered tools for in vitro fertilization and fertility care. Its machine-learning algorithms analyze embryo images to assess morphological features and support embryo selection, identifying embryos likely to lead to clinical pregnancy and those genetically normal, with the goal of helping clinicians improve IVF success rates.

GEN1 Biotechnology

Venture Round in 2017
GEN1 Biotechnology Pty Ltd is a biopharmaceutical manufacturer focused on producing high-value generic injectable biopharmaceuticals. The company aims to address chronic conditions such as cancer, hypertension, and diabetes by offering a diverse range of products at competitive prices. By establishing Australia's first large-scale pharmaceutical factory, GEN1 is positioned to serve both the Australian and international markets, ensuring that patients have access to essential treatments that enhance their quality of life. Through its commitment to affordability and quality, GEN1 Biotechnology plays a significant role in improving healthcare outcomes for those in need.

Ailytic

Grant in 2017
Ailytic is a software company that specializes in decision analytics for the manufacturing sector. Headquartered in Adelaide, Australia, with additional offices in Changzhou, China, Ailytic provides an AI-powered platform that utilizes real-time monitoring and advanced modeling tools to optimize production schedules. This cloud-based application transforms operators and managers into analysts by delivering insightful analytics that enhance productivity and operational efficiency. With a focus on manufacturing industries across Asia Pacific and Europe, Ailytic's lightweight and easily deployable software solution enables clients to effectively manage complex operational environments and streamline their scheduling processes.
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