Queensland Investment Corporation

Queensland Investment Corporation (QIC) is a financial institution with a focus on investment management. Their vision, mission, and standards of excellence shape their decision-making process and strategies. QIC prides itself on its commitment to delivering value to its clients through prudent investment practices and a dedicated team of professionals. With a strong emphasis on integrity and transparency, QIC strives to achieve long-term success for both their clients and the organization as a whole.

Nick Capell

Investment Director

24 past transactions

Earthodic

Seed Round in 2024
Earthodic is an Australian materials science company that specializes in the development of bio-based coatings aimed at reducing reliance on non-renewable resources. The company produces a biobased water-resistant coating suitable for use on pulped paper and various products. This innovative coating is designed for manufacturers, converters, and consumer brands, enabling them to coat items such as packaging and materials used in agriculture and construction. By offering a sustainable alternative to traditional plastic, Earthodic contributes to environmentally friendly practices in multiple industries.

Enfinity NV

Debt Financing in 2024
Enfinity Global, founded in 2005 and headquartered in Bethesda, Maryland, is a prominent player in the renewable energy sector, specializing in the development, financing, construction, and operation of solar energy assets. The company operates globally across Europe, Asia, Africa, and the United States, with a significant presence in countries such as Spain, Italy, Japan, and India. Enfinity is committed to achieving a net-zero carbon footprint and provides comprehensive renewable energy solutions tailored for commercial, municipal, and utility clients. By leveraging its extensive experience in complex renewable energy projects, Enfinity helps organizations transition to sustainable energy sources, thereby facilitating a shift towards a carbon-free economy. The company's expertise and strategic approach enable it to deliver effective energy solutions that meet the growing demand for clean energy worldwide.

Gilmour Space

Series D in 2024
Gilmour Space Technologies Pty Ltd is an Australian company established in 2012, based in Pimpama, that specializes in developing low-cost hybrid rockets aimed at the small satellite market. The company focuses on creating hybrid launch vehicles that utilize proprietary 3D printed fuel, allowing for precise control over combustion patterns during ignition. This innovative approach is designed to provide research organizations and clients with a reliable and economical means of launching satellites into low Earth orbit. Gilmour Space is on track to launch its Eris orbital launch vehicles and G-Sat small satellite platforms in 2024.

Renewa

Private Equity Round in 2023
Renewa is a land and infrastructure investor in the renewable energy industry.

ModnPods

Private Equity Round in 2023
Operator of a modular home builder firm intended to serve the modular construction industry. The company offers modular pods with a versatile design to serve as holiday park pod accommodation, staff accommodation, standalone homes and multi-unit developments for businesses, providing clients with tailored made pods at a cost-efficient price.

One Model

Venture Round in 2023
One Model Inc. is a company that specializes in data management and people analytics, primarily serving the human resources sector. The company's flagship platform, One Model, integrates workforce data from various sources, utilizing predictive modeling and analytics to transform and normalize this data for effective analysis. One Model also offers One AI, a tool that provides HR professionals with easy access to insights derived from people analytics data. Founded in 2014 and headquartered in Austin, Texas, with additional offices in London and Brisbane, One Model is recognized for pioneering people data orchestration and delivering innovative visualizations. Its People Data Cloud™ platform simplifies the processes of data extraction, cleansing, and reporting, enabling organizations to make informed talent decisions while ensuring data security and privacy. The platform is trusted by HR teams and data professionals alike for its accuracy and reduced technical burden.

PayNearMe

Series D in 2023
PayNearMe is a provider of a web and mobile-based cash payments platform that facilitates online purchases and bill payments. The company's technology enables users to make cash payments for various goods and services across sectors such as e-commerce, property management, consumer finance, and transportation. By offering a streamlined solution for cash transactions, PayNearMe allows businesses, government agencies, and retail stores to digitize their cash collection processes, minimizing the complexities associated with traditional cash and money order acceptance. Additionally, the platform includes features like payment reminders and mobile wallet integration to enhance the user experience and promote timely payments.

Endua

Seed Round in 2023
Endua focuses on developing advanced renewable energy storage solutions aimed at powering communities, remote industries, and off-grid infrastructure. The company specializes in hydrogen-based power banks, which are self-contained units that generate and store clean energy derived entirely from renewable sources. This energy is stored as hydrogen and can be converted back into electricity using fuel cells. By providing a sustainable, reliable, and cost-effective electricity supply, Endua aims to facilitate continuous power availability, operational efficiency, and energy independence for its users.

Paypa Plane

Series A in 2023
Paypa Plane is a payment software developer focused on modernizing traditional payment processes while maintaining compatibility with existing systems. The company aims to enhance legacy payment structures by providing digital payment agreements that connect businesses and payers, thereby facilitating integration with core banking systems. This innovative approach allows banks, enterprises, and payers to achieve cost savings, ensure cash-flow stability, and benefit from built-in compliance features. Additionally, Paypa Plane emphasizes hands-free customer care, positioning itself as a forward-thinking solution in the evolving payment ecosystem.

FairSupply

Series A in 2022
FairSupply offers a cloud-based platform that focuses on environmental, social, and corporate governance (ESG) risk management and compliance. The company specializes in providing comprehensive supply chain visibility, allowing corporate and institutional clients to identify and assess ESG risks throughout their supply chains. By leveraging advanced data from global ESG data providers, FairSupply's solution enhances clients' understanding of potential risks, thereby facilitating informed decision-making and promoting responsible business practices.

Vald

Venture Round in 2022
VALD is a technology company specializing in human measurement solutions aimed at enhancing the understanding of movement and performance in various fields, including sports, healthcare, and rehabilitation. Serving over 1,000 elite sporting teams, clinics, universities, hospitals, and defense departments globally, VALD's multidisciplinary team comprises researchers, clinicians, sports scientists, designers, developers, and engineers. The company offers a range of advanced systems, including ForceDecks for dual force plate testing, NordBord for hamstring assessment, ForceFrame for strength measurement, AirBands for blood flow restriction training, and HumanTrak for movement analysis. These technologies enable objective measurement of strength, balance, and range of motion, allowing clinicians to effectively monitor and manage musculoskeletal conditions and optimize outcomes for patients and athletes alike.

Alation

Series E in 2022
Alation, Inc. is a provider of enterprise data intelligence solutions based in Redwood City, California. Founded in 2012, the company specializes in a platform that facilitates data search and discovery, data governance, data stewardship, and analytics, aiming to support organizations in their digital transformation efforts. Alation's platform is distinguished by its Behavioral Analysis Engine, which integrates machine learning with human insights, enabling effective metadata management and collaboration. This approach empowers users to easily find and understand the data they require, while also ensuring proper governance and compliance. Alation has established itself as a leader in the data catalog market, delivering tools that help analysts make informed decisions by providing a comprehensive view of data usage and provenance.

Travello app

Series B in 2022
Travello is a social network designed for travelers, operating in over 180 countries and aiming to establish itself as the largest and most trusted travel community globally. Available for free on both iOS and Android platforms, Travello offers users a platform to connect and share their travel experiences. Beyond its social networking features, Travello has developed a suite of Travel-Tech solutions branded as BlueTee. This technology enables travel companies to engage with customers while they are at their destinations through self-serve geo-fence capabilities, customer segmentation, and location-based push messaging. This innovative approach allows travel companies to deliver targeted messages to travelers at the appropriate time and location without requiring complex technical integration.

Jacobi

Series A in 2022
Jacobi, Inc. is a technology company that has developed a platform for investment managers to design, analyze, and visualize multi-asset portfolios. Founded in 2014 and headquartered in San Francisco, California, with additional offices in Brisbane, Australia, and London, United Kingdom, Jacobi provides customizable tools that streamline investment processes, allowing users to aggregate portfolios, analyze allocations, and assess associated risks and returns. The platform facilitates deeper engagement between investment managers and clients by transforming complex financial data into intuitive visualizations and interactive dashboards. Additionally, Jacobi offers software development kits to further enhance the capabilities of its platform, promoting better decision-making and improved investment strategies.

Dataweavers

Series A in 2022
Dataweavers provides a platform designed for automated web operations, specifically catering to enterprise marketing technology companies. By simplifying complex applications and infrastructure into minimal code, Dataweavers allows digital teams to concentrate on enhancing customer experiences, rather than managing technical details such as infrastructure and application performance. The platform facilitates a seamless migration to the cloud, enabling brands to significantly reduce cloud operating costs by up to 50% while simultaneously improving application performance. This approach empowers marketing tech companies to optimize their operations and focus on delivering greater business value.

Skedulo

Private Equity Round in 2022
Skedulo is a software company specializing in mobile workforce management solutions designed to enhance the efficiency of enterprises and mid-market companies. Founded in 2013 and headquartered in San Francisco, Skedulo provides tools that facilitate the intelligent scheduling, dispatching, and tracking of field resources. Its platform integrates seamlessly with major systems such as Salesforce and ServiceNow, as well as with various other systems of record. This flexibility allows organizations to connect their operations, scheduling, and back-office teams with mobile workers effectively. Skedulo has successfully supported over 150 companies in managing more than 5 million appointments globally, helping them gain a clearer understanding of workforce capacity and availability. With additional offices in North America, Australia, Asia, and the United Kingdom, Skedulo continues to empower businesses to streamline their workforce management processes.

Cake

Seed Round in 2022
Equity should be a piece of cake. We’re on a mission to simplify companies issuing and transferring shares, options and notes, and keeping your owners sweet. Started in Australia, we now help startups in Singapore, US, UK, India, UAE, New Zealand and growing fast!

Sea Swift

Acquisition in 2019
Sea Swift is a seaborne logistics company that specializes in marine transportation services across northern Australia. It caters to both national and international clients, providing a range of offerings including mothershipping, sea freight, passenger cruises, and project logistics. The company is dedicated to serving remote islands, fishing fleets, coastal communities, and resource development sites by ensuring reliable and efficient delivery of goods and services. Sea Swift integrates its operations to offer a comprehensive depot-to-door service, effectively managing the crucial last-mile access to its customers in isolated regions.

Pacific Energy

Acquisition in 2019
Pacific Energy is an Australian energy supply company headquartered in Kingsway, specializing in the management, operation, and development of electricity generation facilities. The company operates approximately 40 power stations with a combined power generation capacity of around 400 megawatts. Pacific Energy focuses on providing customized energy solutions through the generation of electricity from diesel, gas, and dual-fueled generators. Its operations emphasize minimizing emissions and maximizing efficiencies, catering to the diverse energy needs of its clients.

ThinkTilt

Seed Round in 2019
ThinkTilt is a developer of digital tools designed to enhance work management for teams within organizations. The company's primary product, ProForma, is a Jira app that enables teams to create and publish forms on the Jira Service Management portal or attach them to existing issues. ProForma includes a library of customizable forms and templates, allowing users to streamline their processes and improve efficiency. By providing these tools, ThinkTilt supports teams in managing requests and issues more effectively, ultimately simplifying their workflows.

CartonCloud

Seed Round in 2018
CartonCloud is a cloud-based logistics management software that assists transportation and warehousing companies in enhancing efficiency and transitioning to paperless systems. By reducing administrative tasks, the platform enables users to manage logistics operations more effectively. It offers features such as automated data entry, route optimization, and mobile invoice scanning, which help organizations accelerate cash flow, track deliveries, and simplify complex logistics processes. Additionally, CartonCloud utilizes sign-on glass technology for recording proof of deliveries, allowing users to access real-time logistics data from various devices, including Mac, PC, tablets, and smartphones.

Port of Melbourne

Acquisition in 2016
The Port of Melbourne is Australasia's largest maritime hub, specializing in containerized, automotive, and general cargo. Located in Melbourne, Australia, it plays a crucial role in facilitating maritime trade by managing the operations of the port. This includes overseeing maintenance, navigation, and the control of boat movements, as well as logistics scheduling. The port serves as a vital link for the movement of goods, supporting both local and international trade.

Cloud Sherpas

Series C in 2012
Cloud Sherpas is a cloud advisory and technology services firm that focuses on enhancing customer experiences for leading global brands. With a diverse team of over 900 professionals, the company supports enterprise clients and numerous businesses worldwide by offering cloud strategy, implementation, integration, training, and platform enhancements across various industries. As a Global Strategic Cloud Alliance Partner with Salesforce and a three-time Google Enterprise Partner of the Year, Cloud Sherpas specializes in providing customer-centric solutions on the Salesforce platform. The company operates from its headquarters in Atlanta, Georgia, with additional offices throughout the United States and international operations in countries including Australia, India, Japan, New Zealand, the Philippines, Singapore, the United Arab Emirates, and the United Kingdom.

Pacific Energy

Pacific Energy is an Australian energy supply company headquartered in Kingsway, specializing in the management, operation, and development of electricity generation facilities. The company operates approximately 40 power stations with a combined power generation capacity of around 400 megawatts. Pacific Energy focuses on providing customized energy solutions through the generation of electricity from diesel, gas, and dual-fueled generators. Its operations emphasize minimizing emissions and maximizing efficiencies, catering to the diverse energy needs of its clients.
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