Breakthrough Victoria — Full Portfolio

Aravax is a clinical-stage biotechnology company developing next-generation immunotherapies to treat food allergies.

BiotechHealthtechMedical DevicesMelbourne, AU

Sara Prickett(Co-founder)

Co-investorsNovartis Venture FundTenmileUniSeed Pty Ltd.

Bygen manufactures activated carbon from renewable nut shells and sustainable forestry materials for use in water filtration, air purification, pharmaceuticals, cosmetics, and manufacturing industries.

Advanced ManufacturingCircular EconomyCleantechNew MaterialsMelbourne, AU

Co-investorsArtesian

Kite Magnetics develops Aeroperm®, a nanocrystalline magnetic material that improves electric motor efficiency, targeting automotive powertrains and unmanned aerial vehicle propulsion systems.

Advanced ManufacturingCleantechDeep TechEnergyHardwareNew MaterialsVictoria, AU

Richard Parsons(Founder and CEO)inKiyonori Suzuki(Professor)Liz Williams(Senior Executive)

Co-investorsBoson VenturesGalileo VenturesInvestible Climate Tech FundPossible Ventures

Atmo Biosciences develops an FDA-cleared ingestible capsule using gas-sensing technology to diagnose gastrointestinal dysmotility conditions for gastroenterologists.

BiotechHealthtechMedical DevicesNew York City, US

Mal Hebblewhite(CEO)

Cadmus is a university-partnered assessment platform for higher education that supports secure exams, collaborative tasks, academic integrity insights, and assisted marking.

EdTechSaaS

Herk Kailis(Founder)in

Co-investorsCardinia VenturesMelbourne Accelerator Program (MAP)Emerge EducationGlitch CapitalSEEK Investments

Conflu-X Technology manufactures thermal management products including cold plates, intercoolers, and liquid cooling solutions for automotive, aviation, data center, defense, and industrial applications.

Advanced ManufacturingData & InfrastructureHardware

Co-investorsAM Ventures

Diag-Nose.io develops precision diagnostics and therapies for respiratory diseases including asthma, COPD, and sinusitis by combining nasal microsampling, proteomics, and machine learning to analyze airway biology.

AI & Machine LearningBiotechDigital HealthMedical Devices

Co-investorsRadar Ventures

Eden Brew develops food and supplementation products designed to deliver nutrition in natural forms that align with how the human body processes nutrients, with a focus on sustainable scaling and long-term health support.

BiotechDeep TechFoodTechHealthtechImpact & Social Good

Jim Fader(CEO)in

Co-investorsMain Sequence VenturesDigitalis Ventures

ElectraLith develops electrochemical and material-science technologies for lithium production and battery recycling in the renewable energy and mining sectors.

CleantechDeep TechEnergyNew Materials

Charlie McGill(CEO)SJ Oosthuizen(CTO)in

Co-investorsMain Sequence VenturesVX VenturesFathom

FLAIM develops immersive extended-reality training systems for first responders, defence personnel, and high-risk industry workers to prepare for real-world emergencies.

Deep TechDefense TechEdTechMelbourne, AU

Simon Miller(Managing Director)inFergus Porter(Chief Product and Technology Officer)in

Co-investorsCommon Sense VenturesSignificant Ventures

A B2B food technology company building a better plant-based meat system.

Sydney, AU

Kristi Knaack Riordan(Founder)in

Co-investorsAlberts Impact VenturesAura VenturesInvestible Climate Tech FundMandalay Venture Partners

Innovation Victoria is a board-led organisation that supports innovation, investment and growth across the state of Victoria.

Sector AgnosticMelbourne, AU

BoardRod Bristow(CEO)in

JigSpace enables companies with hardware and physical products to create interactive 3D and augmented reality presentations for investor pitches and customer demonstrations without coding, using CAD files and simple drag-and-drop tools.

Creator EconomyDeep TechDeveloper ToolsEnterprise SoftwareMarketing TechSaaSSales Tech

Co-investorsAnorak VenturesAura Ventures

Jupiter Ionics develops patented modular electrochemical technology to produce carbon-neutral green ammonia from renewable energy for use in agriculture, shipping fuel, and renewable energy export.

CleantechClimate TechEnergy

Co-investorsTenacious Ventures

Liquid Instruments develops Moku, a reconfigurable integrated test system for complex research and development applications.

Deep TechDeveloper ToolsEnterprise SoftwareHardware

Daniel Shaddock(CEO)inDanielle Wuchenich(Chief Operating Officer)in

Co-investorsAnzu PartnersSignificant VenturesLockheed Martin Ventures

Millibeam develops PHASEBEAM, a low-cost 5G transceiver platform for FR1 applications in the 3.3–4.1 GHz band, supporting 2x2 MIMO configurations for handsets and fixed wireless access devices.

Deep TechHardwareSemiconductorsNot stated, AU

Co-investorsArchangel VenturesMain Sequence Ventures

Navi develops a medical device — an ECG-based catheter tip location system for newborn and pediatric patients — to help doctors and nurses in neonatal and pediatric intensive care units deliver better vascular access care.

Digital HealthHardwareHealthtechMedical DevicesMelbourne, AU

Alex Newton(CEO & Co-founder)inShing

BoardChristiane

Co-investorsArtesian

Neo-Bionica develops neurotechnology devices and systems, leveraging expertise in implantable device design, neural interfaces, and medical device engineering for the neurotech market.

BiotechDeep TechMedical DevicesMelbourne, AU

Ludovic Labat(CEO)in

BoardLusia Guthrie AM(Chair)

Number8 develops solutions to increase productivity and reduce emissions in grass-fed cattle operations and their retail supply chain.

AgTechBiotechClimate TechFoodTechImpact & Social GoodAustralia, AU

Tom Williams(Co-founder)Alex Carpenter(Co-founder)in

Co-investorsIcehouse VenturesMain Sequence VenturesPossible VenturesThe March Group

Quantum Brilliance develops integrated quantum microchips based on diamond nitrogen-vacancy centers for sensing and computing applications.

Deep TechHardwareQuantum ComputingSemiconductorsStuttgart, DE

Marcus Doherty(Chief Technology Officer)Mark Luo(Chief Executive Officer)

Co-investorsCP VenturesInterValley VenturesInvestible Climate Tech FundMain Sequence VenturesR&D Tax IncentiveRampersand

RayGen is an Australian clean energy company that develops long-duration energy storage systems combining solar power generation with electro-thermal storage to provide renewable energy on demand.

CleantechClimate TechEnergyHardwareVictoria, AU

Dr John Lasich(Executive Director, Founder & Chief Research Officer)

Co-investorsChevron Technology VenturesEquinor VenturesR&D Tax Incentive

Co-investorsDCVC (Data Collective)Fourward VenturesGreycroftHitachi VenturesMain Sequence VenturesTitanium Ventures+1 more

This appears to be a research article or blog post from Seer Medical describing a study on using ECG (electrocardiogram) signals for seizure detection as an alternative to traditional EEG-based methods.

BiotechDigital HealthHardwareMedical Devices

Smart Paddock develops an integrated livestock monitoring platform combining GPS tracking, water tank monitoring, and fence line management for farm operators.

AgTechData & InfrastructureIoTSaaSAustralia, AU

Co-investorsSkalata

Smileyscope develops virtual reality digital therapeutics for clinical procedures that reduce patient pain and anxiety without sedation.

Digital HealthHealthtechMedical DevicesAustin, US

Paul Leong(Executive Officer, Director)inEvelyn Chan(Executive Officer, Director)inNoah Rolland(Executive Officer, Director)in

BoardFred Toney(Director)

Co-investorsTen13

Type One Energy is a fusion energy startup founded by stellarator experts to design and commercialize a next-generation stellarator fusion power plant.

CleantechClimate TechDeep TechEnergy

Chris Mowry(CEO)

Co-investorsBreakthrough Energy VenturesGD1Orbia VenturesVoLo Earth Ventures

Umps provides personal alarm and monitoring solutions for older adults seeking to maintain independent living at home rather than enter aged care facilities.

AgTechConsumerHardwareHealthtechIoTLongevityWellness & FitnessAustralia, AU

Adam Jahnke(Co-founder and CEO)

Co-investorsInterValley Ventures

Viridian Renewable processes black soldier fly larvae to produce food-grade protein, oil, and frass ingredients for manufacturers.

AgTechCircular EconomyCleantechFoodTech

Wavewise develops brain monitoring technology for brain injury care in healthcare settings.

Deep TechDigital HealthHealthtechMedical Devices

Co-investorsSignificant Ventures

Worldview provides high-altitude balloon remote sensing and persistent stratospheric observation, integrating sensors and platforms across air, stratosphere, and space into a unified intelligence workflow.

AI & Machine LearningDefense TechSpace TechTravel & HospitalityTucson, US

Taber MacCallum(Executive Officer, Director, Promoter)inJane Poynter(Executive Officer, Director, Promoter)inGrant Anderson(Executive Officer, Director)inAlan Stern(Director)inStephen Wideman(Executive Officer)inRyan Hartman(Executive Officer, Director)in

Co-investorsAccelBase Venture Management, Inc.Norwest Venture PartnersWestern Technology InvestmentCanaan PartnersNEW VISTA CAPITAL

Xefco develops advanced materials and manufacturing solutions for the textile industry, with a focus on sustainable dyeing and finishing technologies.

Advanced ManufacturingCleantechNew MaterialsGeelong, AU

Co-investorsMain Sequence VenturesPacific ChannelVirescent Ventures