Displaying items by tag: Breakthrough Victoria

As part of Breakthrough Victoria’s University Innovation Program (UIP), Breakthrough Victoria and Swinburne University of Technology are each investing $500,000 in EntroMat, a Melbourne-based company that creates advanced metal powders called High Entropy Materials (HEMs).

COMPANY NEWS: Independent investment company Breakthrough Victoria is investing $800,000 in Diag-Nose.io Medical (DNM), a Melbourne based company improving clinical management and drug discovery for chronic respiratory diseases to potentially improve health outcomes for millions of people worldwide.

Independent investment company Breakthrough Victoria is investing $2 million in Umps Health, a Victorian company developing sensors and AI to enable proactive aged care at home.

Australian sustainable manufacturing technology company Xefco has raised $10.5 million in its seed extension funding round to support the scaling of its plug in to play model, which is claimed to be able to reduce textile emissions and ensure a credible greener supply chain in the fashion industry.

Breakthrough Victoria is investing $20 million in Victorian company RayGen Resources, with the investment designed to enable the State’s transition towards clean sources of energy.

Immersive learning solutions provider FLAIM Systems has completed a $6.7 million Series A capital raise cornerstoned by the Victorian Government’s $2 billion investment company Breakthrough Victoria.

Quantum Brilliance, the developer of room-temperature miniaturised quantum computing products and solutions, has announced a US$18 million fund raise.