Alex Newton

Australian medtech Navi raises $A6.8 million to commercialise breakthrough paediatric technology in the US

Melbourne and Boston medical device firm Navi Medical Technologies has closed a 6.8 million dollar round led by KP Rx to commercialise its neonatal catheter technology in the United States.

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Breakthrough Victoria Portfolio Companies Celebrate Milestones and Global Growth

Breakthrough Victoria highlights recent achievements of portfolio companies including funding, awards, and expansions for firms like Liquid Instruments, Quantum Brilliance, and Samsara Eco.

Navi Medical Technologies Receives FDA Clearance

Navi Medical Technologies gained US FDA clearance for its Neonav catheter guidance system; the Melbourne firm, backed by Breakthrough Victoria, plans a capital raise later in 2025 to fund its American rollout.

Eight Aussie startups that raised $85.6 million this week

Weekly roundup reporting eight Australian startups together raised $85.6 million across mining tech, cybersecurity, waste, energy storage, health and micromobility, plus a Google.org grant for Global Sisters.

Also Startup Daily·Startup Daily·SmartCompany

Navi Medical Technologies

Breakthrough Victoria is putting $700,000 into Navi Medical Technologies' round alongside Medtech Actuator and Artesian VC, helping the Melbourne medtech develop its newborn catheter guidance device toward regulatory approval.

Also Breakthrough Victoria·Startup Daily

NAVI CLOSES $2.4 MILLION ROUND FOR ITS BREAKTHROUGH MEDICAL DEVICE

Medical device startup Navi announced a completed $2.4 million funding round, led by Breakthrough Victoria with $700,000, plus federal grants, to finish developing its Neonav catheter device.

Also Startup Daily·Startup Daily·SmartCompany·bushletter.com

Melbourne startup Navi secures $400,000 grant to develop tech to help critically ill newborns

Melbourne medtech Navi Medical Technology received a government grant to advance its newborn-care device, adding to earlier backing from Artesian and support through the Medtech Actuator accelerator program.