RayGen is an Australian technology company focused on solar power and electricity storage. Its Solar Power Plant provides on-demand renewable energy by combining PV Ultra solar cogeneration with electro-thermal storage to deliver utility-scale, time-shifted power and synchronous generation. The system is designed to be located where the grid requires flexibility and can support dispatchable electricity for grid services, cogeneration, and potential green hydrogen production. RayGen manufactures high-efficiency solar modules at a 25 MWac facility in Melbourne and has deployed 1 MWac PV Ultra projects under power purchase agreements. The company employs around 30 people across engineering, manufacturing, operations and sales and has received support from government programs such as ARENA and Victoria’s New Energy Jobs Fund.
EntroMat
Seed Round in 2025
EntroMat is a deep-tech company specializing in the production of advanced metal powders. It focuses on developing and manufacturing high entropy material (HEM) powders, a cutting-edge solution for various industries. EntroMat's proprietary technology allows it to create sustainable, high-performance HEM powders, which can be used in additive manufacturing, surface-engineered coatings, or powder metallurgy components. This enables clients to offer customized powders with exceptional properties, catering to industries such as mining, aerospace, steelmaking, and renewable energy.
Diag-Nose.io
Seed Round in 2025
Diag-Nose.io is a biotechnology company focused on precision diagnostics and drug discovery for respiratory and sinonasal disorders. The company combines proteomics, digital biomarkers, and multivariate algorithms with AI-driven computational biology to translate the complexities of the unified airway into actionable clinical insights and scalable models of respiratory biology. Its RhinoMAP platform uses proteomic data to predict disease activity, monitor therapy response, and forecast treatment efficacy, with an initial focus on anti-Th2 biologics. The company aims to help clinicians prescribe the most effective treatments faster and to accelerate the development of new therapies by providing diagnostic clarity around overlapping sinonasal conditions. By integrating protein biomarkers with digital signals, Diag-Nose.io seeks to reduce unnecessary interventions and support targeted management of chronic nasal disorders such as chronic sinusitis.
Quantum Brilliance
Series A in 2025
Quantum Brilliance develops room-temperature quantum devices based on synthetic diamond, enabling compact, energy-efficient quantum systems suitable for everyday devices and high-performance computing. It designs, fabricates, and manufactures rugged diamond quantum components that operate at room temperature, enabling the mass production of quantum computers and sensors. These devices are intended for edge computing, ubiquitous computing, and integrated applications across consumer electronics and industrial computing environments.
Quantum Brilliance
Series A in 2024
Quantum Brilliance develops room-temperature quantum devices based on synthetic diamond, enabling compact, energy-efficient quantum systems suitable for everyday devices and high-performance computing. It designs, fabricates, and manufactures rugged diamond quantum components that operate at room temperature, enabling the mass production of quantum computers and sensors. These devices are intended for edge computing, ubiquitous computing, and integrated applications across consumer electronics and industrial computing environments.
Umps Health
Series A in 2024
Umps Health develops a proprietary platform that enables proactive, data-driven care at home. It uses non-intrusive sensors and AI to collect clinical and behavioral data, generate health insights, and facilitate timely interventions by healthcare providers.
Conflux Technology
Series B in 2024
Conflux specializes in advanced heat exchangers produced via metal additive manufacturing (3D printing). Its technology focuses on enhancing heat exchange and fluid flow efficiency, reducing inventory, simplifying manufacturing processes, and offering comprehensive project management.
Viridian Renewable Technology
Venture Round in 2024
Viridian is an Australian technology company focused on addressing sustainability challenges in food and feed production. It operates a circular food system using insect-based manufacturing technology to convert organic waste into high-quality protein and nutrients, providing sustainable and carbon-neutral ingredients for pet, plant, and animal feed.
Number8Bio
Seed Round in 2024
Number8Bio harnesses synthetic biology to produce microbial proteins that reduce methane emissions from ruminants. This process improves feed utilization and animal productivity, enabling livestock farmers to contribute to sustainability goals while maintaining economic viability.
JigSpace
Venture Round in 2024
JigSpace develops an interactive platform for creating and sharing three-dimensional instructions. It offers features such as viewing jigs in augmented reality, browsing a library of interactive learning experiences, creating and sharing custom jigs, and accessing step-by-step breakdowns of complex ideas. The company aims to make learning more accessible through simple, useful, and delightful tools.
Liquid Instruments
Venture Round in 2024
Liquid Instruments designs and manufactures Moku:Lab, an all-in-one test and measurement platform that blends FPGA-based signal processing with high-speed analog inputs and outputs. The software-configurable hardware enables precise testing, measurement, and advanced digital signal processing, providing flexible, multi-function devices that improve workflow and productivity in manufacturing, defense, and education.
Neo-Bionica
Seed Round in 2024
Neo-Bionica is a company focused on the development of bioelectronic and neurotechnology devices aimed at enhancing targeted therapies and diagnostics. It partners with businesses, researchers, and clinicians to translate innovative ideas into practical medical technologies. The company offers a comprehensive range of services including product definition, project management, system engineering, mechanical engineering, pre-clinical testing, and device implementation. Through these services, Neo-Bionica helps clients navigate the complex process of bringing new medical devices to market, ultimately contributing to advancements in healthcare that improve patient outcomes.
World View
Series D in 2024
World View Enterprises, Inc., established in 2012 and headquartered in Tucson, Arizona, specializes in space travel services for research, education, and scientific purposes. The company pioneers the exploration of the stratosphere, offering stratospheric remote sensing services and space tourism experiences. World View's innovative, patented technology enables long-duration, high-resolution data collection and affordable alternatives to traditional imagery providers. With over 115 successful stratospheric flights and 10,274,598 vertical feet flown, the company has earned the trust of NASA and other organizations, providing meaningful space tourism and valuable data services to both public and private sectors.
RayGen is an Australian technology company focused on solar power and electricity storage. Its Solar Power Plant provides on-demand renewable energy by combining PV Ultra solar cogeneration with electro-thermal storage to deliver utility-scale, time-shifted power and synchronous generation. The system is designed to be located where the grid requires flexibility and can support dispatchable electricity for grid services, cogeneration, and potential green hydrogen production. RayGen manufactures high-efficiency solar modules at a 25 MWac facility in Melbourne and has deployed 1 MWac PV Ultra projects under power purchase agreements. The company employs around 30 people across engineering, manufacturing, operations and sales and has received support from government programs such as ARENA and Victoria’s New Energy Jobs Fund.
Bygen develops sustainable and tailored activated carbon for filtration across industries, including drinking water and wastewater treatment, soil remediation, gas scrubbing, and gold recovery. It employs a low-temperature activation method that lowers production costs while reducing water and fossil-fuel consumption, contributing to carbon-negative production. The company's products support remediation of polluted soil, water, and air and enable more efficient filtration in environmental and industrial applications.
Jupiter Ionics
Series A in 2024
Jupiter Ionics is a company focused on the development of advanced technologies for the carbon-neutral production of green ammonia. The firm utilizes an electrolytic cell to convert air, water, and solar energy into ammonia, making its process compatible with renewable power sources. This modular and scalable technology allows industrial units to efficiently access green ammonia, supporting sustainable practices in various sectors. The team comprises dedicated scientists and engineers who are committed to advancing these innovative solutions for a more environmentally friendly future.
Amber Electric
Series C in 2024
Amber Electric Pty Ltd is an Australian company based in Melbourne, founded in 2017. It specializes in delivering electricity at wholesale prices, allowing customers to benefit from real-time pricing that reflects the availability of renewable energy. By encouraging users to consume electricity when it is cheapest, Amber enables significant savings while promoting the integration of renewable resources into the energy grid. The company also offers an online platform for bill payments and additional services, positioning itself as a facilitator for customers to actively engage with the changing dynamics of the electricity market.
Aravax is an early-stage biotechnology company developing peanut allergy therapies. It uses proprietary technology to reset the immune system to tolerate peanuts without triggering allergic reactions, aiming to provide a safe and rapidly effective treatment. The company was founded in 2015 through the acquisition of intellectual property developed by Alfred Health and Monash University and is headquartered in Melbourne, Australia.
Cyban is a medical equipment manufacturing company specializing in the development of devices that monitor brain oxygen levels. Its flagship product, a brain pulse oximeter, offers continuous measurement of brain oxygen from the point of trauma through to hospital discharge. The device is designed for ease of use and provides clinically relevant information to support medical interventions. Additionally, it can interconnect with central patient monitoring systems, allowing clinicians to detect changes early and implement timely interventions, ultimately improving patient outcomes.
Eden Brew
Series A in 2023
Eden Brew is a food and beverage company focused on producing animal-free and precision-fermented milk and dairy products. The company aims to provide an environmentally sustainable alternative to traditional cow's milk, offering dairy products that are vegan-friendly and lactose-free. Using precision fermentation technology, Eden Brew creates milk that contains nature-identical proteins and nutrients, allowing consumers to enjoy the taste and nutritional benefits of dairy without the environmental impact associated with conventional dairy farming.
Smileyscope
Seed Round in 2023
Founded in Melbourne, Australia in 2017, Smileyscope develops a virtual reality headset designed to distract and entertain children during painful medical procedures such as needles. This innovative technology helps keep children calm and still, enabling clinicians to perform their tasks safely and effectively.
Atmo Biosciences
Venture Round in 2023
Atmo Biosciences is a clinical-stage digital health company that specializes in advancing gut health and microbiome function through innovative technology. The company has developed a groundbreaking ingestible gas-sensing capsule that continuously measures critical gaseous biomarkers as it travels through the gastrointestinal tract. This capsule transmits real-time data wirelessly to a cloud platform, allowing researchers, clinicians, and patients to gain objective insights into gut health. By addressing the unmet clinical need for monitoring microbiome function, Atmo supports better diagnosis and personalized management of gastrointestinal disorders. This technology enables gastroenterologists to provide more effective treatments, resulting in improved wellness and earlier symptom relief for patients.
Zena Sport
Pre Seed Round in 2023
Zena Sport specializes in the design and manufacture of advanced protective gear for female athletes, focusing on breast and rib impact protection vests. The company is recognized as the official product supplier for the AFLW and AFL, underscoring its commitment to supporting women's sports. Zena Sport's vests utilize a patented polyurethane foam technology that enhances injury prevention and recovery. Their innovative multi-axis design allows for flexibility and natural contouring, ensuring that the vests are lightweight for optimal comfort and minimal interference during play. In addition to impact protection vests, Zena Sport also offers silicone headbands and other related products, further contributing to the safety and performance of female players.
NAVi Medical Technologies
Venture Round in 2023
NAVi Medical Technologies is a Melbourne, Australia-based medical device company founded in 2017. It develops a real-time electrocardiogram tip location system that tracks catheter position inside patients by analyzing internal ECG signals, helping clinicians visualize placement without excessive X-ray exposure and supporting safer drug delivery and improved patient outcomes.
Smart Paddock
Seed Round in 2023
Smart Paddock is an Australian company specializing in developing smart ear tags for the livestock industry. Their primary product, the Bluebell tag, attaches securely to each animal's ear and monitors temperature, mobility, and geo-location in real-time. This data is transmitted via IoT technology, allowing producers to access comprehensive information about their herd through a web dashboard or mobile application. The system focuses on three key areas: animal health and well-being, pedigree management, and pasture land utilization. By providing early indications of health-related issues and optimizing resource use, Smart Paddock aims to enhance production efficiency and improve overall animal welfare.
Tin Alley Ventures
Venture Round in 2023
Tin Alley Ventures is a venture capital investment firm based in Melbourne, Australia, founded in 2022. The firm focuses on investing in technology startups at various stages, including seed, early, and later stages. It collaborates closely with companies and researchers within the University of Melbourne's ecosystem, aiming to support and develop businesses that have the potential to create significant social and economic impact. Through its strategic partnerships and investment approach, Tin Alley Ventures seeks to foster innovation and drive growth in the technology sector.
Centre For Eye Research Australia
Venture Round in 2023
The Centre for Eye Research Australia (CERA) is an independent medical research institute dedicated to preventing vision loss and restoring sight. As a not-for-profit organization, CERA conducts clinical trials and fosters collaborations to advance the understanding of eye health. The institute employs innovative technologies, including bioinformatics, artificial intelligence, genetics, and stem cell research, to enhance diagnostics and treatment options. By focusing on increasing access to screening programs and promoting earlier detection of eye diseases, CERA aims to prevent disease progression and improve patient outcomes. Ultimately, the organization strives to provide patients with early access to new treatments designed to prevent and cure blindness.
Vericus
Venture Round in 2023
Vericus develops a teaching and learning software tool that assures authenticity in written assessment called Cadmus.
FLAIM Systems
Series A in 2023
Flaim Systems is a virtual reality platform focused on enhancing skills training for emergency services, particularly for firefighters. The company develops and produces a VR simulator that offers immersive learning experiences aimed at preparing personnel for hazardous and emergency situations. By providing realistic training environments, Flaim Systems enables firefighters to effectively prepare for high-stress scenarios they may encounter in the field. This innovative approach to training supports the development of critical skills necessary for effective emergency response.
Quantum Brilliance
Seed Round in 2023
Quantum Brilliance develops room-temperature quantum devices based on synthetic diamond, enabling compact, energy-efficient quantum systems suitable for everyday devices and high-performance computing. It designs, fabricates, and manufactures rugged diamond quantum components that operate at room temperature, enabling the mass production of quantum computers and sensors. These devices are intended for edge computing, ubiquitous computing, and integrated applications across consumer electronics and industrial computing environments.
Smart Paddock
Venture Round in 2022
Smart Paddock is an Australian company specializing in developing smart ear tags for the livestock industry. Their primary product, the Bluebell tag, attaches securely to each animal's ear and monitors temperature, mobility, and geo-location in real-time. This data is transmitted via IoT technology, allowing producers to access comprehensive information about their herd through a web dashboard or mobile application. The system focuses on three key areas: animal health and well-being, pedigree management, and pasture land utilization. By providing early indications of health-related issues and optimizing resource use, Smart Paddock aims to enhance production efficiency and improve overall animal welfare.
Samsara Eco
Series A in 2022
Samsara Eco is an innovative enviro-tech company that employs enzymatic technology to recycle plastic waste indefinitely. Its proprietary process breaks down plastics into reusable components, enabling manufacturers to produce new plastic items and fostering a circular loop for plastics, thereby reducing waste and dependence on fossil fuels.
Infleqtion
Series B in 2022
Infleqtion, with offices in the United States, United Kingdom, and Australia, specializes in delivering advanced quantum information solutions tailored to meet critical market needs. Building on 17 years of pioneering research from ColdQuanta, the company develops software-configured, quantum-enabled products that enhance precision and processing power for applications in positioning, navigation, timing, global communication security, and efficiency. Infleqtion's technology serves various sectors, including commercial enterprises and governmental organizations, by providing high-value information streams that facilitate innovation in quantum matter. Its offerings encompass hardware products and AI-powered solutions aimed at advancing resilience in energy distribution and accelerating developments in quantum computing.
Kite Magnetics
Seed Round in 2022
Kite Magnetics specializes in the development of magnetic materials for enhancing electric motor efficiency. Their core product is nanocrystalline stator cores that minimize energy losses, enabling smaller, lighter, and more efficient motors. This technology benefits electric vehicle manufacturers by extending vehicle range, reducing costs, and improving reliability.
Seer
Venture Round in 2022
Seer is a medical technology company specializing in the diagnosis and management of neurological conditions. It offers wearable devices, cloud platform, and machine learning systems to empower individuals by providing personalized deep clinical insights.
Kite Magnetics specializes in the development of magnetic materials for enhancing electric motor efficiency. Their core product is nanocrystalline stator cores that minimize energy losses, enabling smaller, lighter, and more efficient motors. This technology benefits electric vehicle manufacturers by extending vehicle range, reducing costs, and improving reliability.