Startup Daily TV

Startup Daily TV: NSW tech, innovation & science minister Alister Henskens on the state’s $800 million plan for startups

- June 29, 2022 2 MIN READ

The NSW budget, announced last week, delivered the single-largest investment in scientific research, innovation and technological development in the state’s history – $832.7 million boost over four years.  Total investment topped $1.1 billion with $270 million also announced to boost to biomedical research, on top of $119.1 million over 10 years for RNA research and… Read more »

Dan Andrews
Politics

The Victorian government is investing $100 million into university startups

- June 27, 2022 2 MIN READ

Government-owned Breakthrough Victoria is tipping $100 million in pre-seed funding into startups at the state’s universities looking to commercialise research. Premier Dan Andrews and treasurer Tim Pallas set up the $2 billion Breakthrough Victoria fund, chaired by former premier John Bracks, as an independent investment fund manager investing in commercial innovations in health, technology, manufacturing,… Read more »

Other tech

The federal government is spending $1.6 billion over 10 years to take university research across the ‘valley of death’ to commercialisation

- April 5, 2022 4 MIN READ

The federal government is investing $2.2 billion for university research commercialisation which would place “university innovation and industry collaboration front and centre of Australia’s economic recovery.” Part of this funding includes $1.6 billion over ten years for Australia’s Economic Accelerator – a new competitive funding program to help university projects bridge the so-called “valley of… Read more »

Dr Simon Wilkins
Other tech

Australia’s new $40 million biotech incubator, CUREator, is on the hunt for researchers and startup founders

- November 15, 2021 2 MIN READ

Expressions of interest are now open for the first cohort for CUREator, Australia’s first national biotech incubator. CUREator was established with $40 million in funding from the federal government’s Medical Research Future Fund (MRFF) and the incubator, run by the Brandon Capital-managed Medical Research Commercialisation Fund (MRCF), hopes to play a hand in developing up… Read more »

innovation and science australia
Other tech

Australia’s first biotech incubator is happening thanks to a $40 million grant

- September 7, 2021 3 MIN READ

A national biotech incubator is being set up in an Australia first following a $40 million grant from the federal government’s Medical Research Future Fund (MRFF) The incubator will be run by the Brandon Capital-managed Medical Research Commercialisation Fund (MRCF), which received the grant as part of $79 million in MRFF commercialisation grants to four… Read more »

SIcona
Other tech

A battery materials startup supplying Tesla charges up on $3.7 million pre-series A

- August 12, 2021 2 MIN READ

A battery materials company promising to improve the capacity of existing lithium-ion batteries by up to 100% has raised $3.7 million in a pre-Series A. The round was led by local VC Artesian and US-based Riverstone Ventures, with New York’s Chaos Ventures, Singapore’s SDGx and Sydney VC Bandera Capital also chipping in alongside several prominent Australian… Read more »

SpeeDx labs
Other tech

Deep tech incubator Cicada Innovations is helping NSW Health ramp up biotech commercialisation

- July 6, 2021 2 MIN READ

The NSW government’s health department has turned once again to deep tech incubator Cicada Innovations to deliver a free training program to help aspiring biotech and medtech entrepreneurs and academics commercialise their ideas. The NSW Health Commercialisation Training Program aims to fast-track innovative ideas that will revolutionise the healthcare sector, improve patient outcomes, and provide… Read more »

Topics

A new medtech funding program is offering up to $1 million to life science startups

- July 19, 2019 < 1 MIN READ

A new biotech funding program for startups working on new therapies, technologies and medical devices is offering up to $1 million in matching grants to help companies develop their ideas through to the proof of concept stage. The Biomedical Translation Bridge program is an initiative of the Medical Research Future Fund. It’s run by MTPConnect –… Read more »

Topics

Australia’s biggest science investment fund has another $210 million for medical research startups

- May 2, 2019 2 MIN READ

Australian VC firm, Brandon Capital Partners, has just raised another $210 million to invest in commercialising medical research, and is already on the hunt for another $250 million as it edges towards $1 billion in science investments. The 5th Medical Research Commercialisation Fund, MRCF5, raised AU$210 million from existing investors, taking the total in the… Read more »