Funding

Colossal, the US biotech that wants to use DNA to bring the dodo and Tassie tiger back from extinction, donated $2.3 million to the University of Melbourne

- November 25, 2024 2 MIN READ

US genetic engineering and biosciences startup Colossal has donated US$1.5 million (A$2.3m) to the University of Melbourne to support Australian avian conservation genomics. The funding has come from the Colossal Foundation. Colossal was founded software entrepreneur Ben Lamm and geneticist George Church in 2021 and went on to raise more than US$225m in venture funding.… Read more »

Funding

7 Melbourne Uni startups share in $11.7 million in VC funding

- October 14, 2024 2 MIN READ

Seven University of Melbourne-linked startups are sharing in $11.7 million worth of early-stage venture capital from two funds. The investments for research commercialisation come from the $15m University of Melbourne Genesis Pre-Seed Fund, backed by Breakthrough Victoria, and $125m Tin Alley Ventures fund, a joint venture deep tech VC with Tanarra Capital. Tin Alley backed… Read more »

At the University of Melbourne Started@Melbourne Showcase were Jaala Pulford, Vice Chancellor’s Fellow; Justin Spangaro, CEO, Carbon Cybernetics; Prof Jerome Sarris, cofounder, Psychae Therapeutics; Assoc Prof Fiona Brownfoot, cofounder, Kali Healthcare; Jeffrey Ng, CEO, NIRGenie; Assoc Prof Daniel Perkins, cofounder, Psychae Therapeutics.
Funding

University of Melbourne mental health startup using psychedelics kicks off with $4.5 million

- November 17, 2023 2 MIN READ

Medtech startup Pyschae Therapeutics, which hopes to develop botanically-derived treatments and psychedelic-assisted therapies for mental health issues such as PTSD, anxiety and addiction, has scored $4.5 million in syndicated investment from the University of Melbourne. The funding came from the university’s Genesis Pre-Seed Fund, which backs early-stage research and technologies from the campus, as well… Read more »

Tin Alley ventures
Venture Capital

Melbourne Uni’s new VC fund, Tin Alley Ventures, sets $200 million target after reaching $100m

- January 31, 2023 2 MIN READ

University of Melbourne’s new startup venture capital fund Tin Alley Venture has raised $100 million from a who’s who of the Victorian business establishment to back alumni founders. The uni chipped in $25 million to kick off the fund, a joint venture with John Wiley’s Tanarra Capital, in June last year. Seven months later, the… Read more »

Funding

Melbourne Uni launches two investment funds, worth $115 million, to back research commercialisation startups

- June 16, 2022 2 MIN READ

The University of Melbourne is launching two new major investment funds, worth a combined $115 million, to help researchers commercialise their work in new startups.  The $15 million University of Melbourne Genesis Pre-Seed Fund, established in conjunction with Breakthrough Victoria, will provide funding for early-stage research, ideas and new technologies and will facilitate access to… Read more »

News

A biotech startup hoping to vaccinate against gum disease launches with $14 million

- September 26, 2019 < 1 MIN READ

Launching Denteric are: Melbourne Dental School Head of School Professor Mike Morgan, CSL Senior Vice President of Research Dr Andrew Nash, University of Melbourne Vice-President (Enterprise) Doron Ben-Meir, COHR CEO & Director of Research Professor Eric Reynolds, Member for Higgins Dr Katie Allen and Brandon Capital Investment Manager Ingmar Wahlqvist A new biotech company Denteric, which… Read more »