Breakthrough Victoria

Established in 2021 with a $2 billion investment from the Victorian Government, Breakthrough Victoria is a venture capital firm based in Melbourne. It focuses on investing in early-stage companies operating within health and life sciences, advanced manufacturing, digital technologies, agri-food, and clean economy sectors.

Rod Bristow

CEO

Mark Johnson

Director

Past deals in Nanotechnology

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.

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.

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.

Kite Magnetics

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.
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