Government · 141 deals
Canberra, ACT
Every published round Australian Government took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted, and a place in one of its own programs is under Cohorts.
Everyone Australian Government has named to a program in published coverage. A place in a program is not a raise: the cheque is the figure recorded with the place, which is the program's standard terms where we hold them, and a blank is one we don't.
| Member | Program | Announced | Cheque | Sources |
|---|---|---|---|---|
| Space Machines Company | International Space Investment India Projects | 30 Apr 2024 | - | @AuManufacturing, Startup Daily |
Companies Australian Government has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| ZiP Diagnostics | 23 Jun 2025, Grant | 1 | 1 | |
| Zeppelin Bend | 22 Jul 2026, Grant | 1 | 1 | |
| Yarra Energy Foundation | Apr 2023, Grant | 1 | 0 | |
| Wavewise Analytics | 23 Jun 2025, Grant | 1 | 1 | |
| Venstra Medical | 23 Jun 2025, Grant | 1 | 1 | |
| Veem | 25 Jul 2025, Grant | 1 | 1 | |
| Vaxxas | 27 Sep 2022, Grant | 2 | 2 | |
| Vast | 29 Apr 2022, Venture debt | 3 | 1 | |
| Varley Rafael Australia (VRA) | 21 Sep 2021, Grant | 1 | 1 | |
| UNSW Sydney | 17 Jun 2020, Grant | 1 | 1 | |
| University of Canberra | 17 Jun 2020, Grant | 1 | 1 | |
| Tindo | 9 May 2022, Grant | 2 | 1 | |
| Theia Medical | 23 Jun 2025, Grant | 1 | 1 | |
| The Hygiene Co. | 16 Mar 2023, Grant | 1 | 0 | |
| Tekuma | Force-based control orb module for drones and robots | 26 Mar 2021, Grant | 1 | 1 |
| Swoop Aero | 13 Dec 2022, Grant | 1 | 1 | |
| Swinburne University of Technology | 7 Nov 2022, Grant | 1 | 1 | |
| Stamen Engineering | 17 Jun 2020, Grant | 1 | 1 | |
| Spiral Blue | 17 Mar 2021, Grant | 1 | 0 | |
| Space Machines Company | 30 Apr 2024, Grant | 2 | 2 | |
| Southern Launch.Space Pty Ltd | 6 Jul 2026, Grant | 1 | 0 | |
| Skykraft | 17 Jun 2020, Grant | 3 | 3 | |
| Silicon Quantum Computing | 2017 | 4 | 1 | |
| Silentium Defence | 18 Jun 2020, Grant | 1 | 1 | |
| Sicona Battery Technologies | 28 Jun 2026, Grant | 1 | 1 | |
| Sea Forest | 15 Feb 2021, Grant | 1 | 0 | |
| Screencoach | 2021, Grant | 1 | 1 | |
| Saber Astronautics | 17 Jun 2020, Grant | 2 | 1 | |
| Romar Engineering | 8 Jul 2021, Grant | 1 | 0 | |
| Raytracer | 17 Jun 2020, Grant | 1 | 1 | |
| QuantX Labs | 2 Oct 2026, Grant | 1 | 1 | |
| Q-CTRL | Jul 2023, Grant | 2 | 1 | |
| Q Factorial | 2 Oct 2026, Grant | 1 | 1 | |
| PV Industries | 14 Feb 2024, Grant | 1 | 1 | |
| PsiQuantum | 30 Apr 2024, Grant | 2 | 0 | |
| Praxis | 7 Nov 2022, Grant | 1 | 1 | |
| Potentia Energy | 24 Jun 2026, Accelerator | 1 | 1 | |
| Ping | 7 Mar 2019, Grant | 1 | 1 | |
| Pilbara Minerals | Aug 2022, Grant | 1 | 0 | |
| Ouroborous | 22 Jul 2026, Grant | 1 | 1 | |
| Orica | 2023, Grant | 1 | 0 | |
| Optiscan Imaging | 21 Jul 2020, Grant | 1 | 1 | |
| Ocius | 11 Mar 2026, Grant | 1 | 1 | |
| Novatti Group | 23 Jan 2023, Grant | 1 | 0 | |
| Nourish Ingredients | 25 Jul 2023, Grant | 1 | 0 | |
| Neumann Space | 4 Mar 2024, Grant | 1 | 0 | |
| Navi Medical Technologies | 1 Aug 2023, Seed | 1 | 0 | |
| Myriota | 29 Jul 2022, Grant | 1 | 1 | |
| Micca Holdings | 2 Jul 2026, Grant | 1 | 1 | |
| Metrolo | 22 Jul 2026, Grant | 1 | 1 | |
| Melbourne University | 18 Jun 2020, Grant | 1 | 1 | |
| Magic Valley | 13 Feb 2025, Grant | 1 | 1 | |
| Lintek | 2 Jul 2026, Grant | 1 | 1 | |
| LatConnect 60 | 30 Apr 2024, Grant | 2 | 2 | |
| Lactamo | 2024, Grant | 1 | 0 | |
| Kinoxis Therapeutics | 23 Sep 2026, Grant | 1 | 0 | |
| Karit (Australia) | 22 Jul 2026, Grant | 1 | 1 | |
| Kardinia Energy | 4 Mar 2026, Grant | 1 | 1 | |
| Jet Charge | 22 Jul 2026, Grant | 1 | 1 | |
| iQ Sense | 2 Oct 2026, Grant | 1 | 1 | |
| Iondrive | 20 Aug 2025, Grant | 1 | 1 | |
| Iluka Resources | 4 Apr 2022, Venture debt | 1 | 1 | |
| I D & E | 23 Jun 2025, Grant | 1 | 1 | |
| Hysata | 14 Aug 2023, Grant | 1 | 0 | |
| Human Aerospace | 13 Oct 2022, Grant | 1 | 1 | |
| Harvest B | Jun 2021, Grant | 1 | 0 | |
| Halocell Energy | 5 Sep 2023, Grant | 1 | 1 | |
| Gurit Australia | 2 Jul 2026, Grant | 1 | 1 | |
| GridScout | 22 Jul 2026, Grant | 1 | 1 | |
| GridCognition | 3 Sep 2021, Grant | 1 | 0 | |
| GreenHY2 | 25 Oct 2024, Grant | 1 | 0 | |
| GrainCorp | 2 Mar 2022, Grant | 1 | 1 | |
| Good Earth Dairy | Jul 2023, Grant | 1 | 0 | |
| Gilmour Space | 13 Feb 2020, Grant | 4 | 3 | |
| Functionly | 16 Jul 2020, Grant | 1 | 0 | |
| Fleet Space Technologies | 17 Jun 2021, Grant | 1 | 1 | |
| FeBI | 2 Oct 2026, Grant | 1 | 1 | |
| Everledger | 13 Jul 2021, Grant | 1 | 1 | |
| Essential Energy | 22 Jul 2026, Grant | 1 | 1 | |
| Equis | 24 Jun 2026, Accelerator | 1 | 1 | |
| Epec Engineering | 22 Jul 2026, Grant | 1 | 1 | |
| Energenze | 22 Jul 2026, Grant | 1 | 1 | |
| Endo Axiom | 23 Jun 2025, Grant | 1 | 1 | |
| ENA Respiratory | Antiviral nasal spray to prevent severe respiratory viral infections | 27 Sep 2020, Series A | 1 | 0 |
| ELO2 | 2024, Grant | 2 | 2 | |
| ElectraLith | 10 Aug 2026, Grant | 1 | 1 | |
| Edify Energy | 29 Jan 2023, Grant | 1 | 0 | |
| EcoJoule Energy | 22 Jul 2026, Grant | 1 | 1 | |
| Droneshield | 2024, Grant | 1 | 1 | |
| Dovetail Electric Aviation | 19 Jan 2023, Grant | 1 | 1 | |
| Currawong Engineering | 2 Jul 2026, Grant | 1 | 1 | |
| Cortical Pty Ltd | Psychiatric and pain management treatment and medicolegal opinions | 5 Nov 2004, Grant | 1 | 1 |
| Cop-A-Mate Products | 2 Jul 2026, Grant | 1 | 1 | |
| Code Like a Girl | 2023, Grant | 1 | 0 | |
| Charge Hub Australia | 22 Jul 2026, Grant | 1 | 1 | |
| Cement Australia | 19 Jun 2026, Grant | 1 | 1 | |
| CathRx Ltd | 23 Jun 2025, Grant | 1 | 1 | |
| Calix | 19 May 2022, Grant | 2 | 2 | |
| Boral | 16 May 2022, Grant | 1 | 1 | |
| BES (Australia) | 22 Jul 2026, Grant | 1 | 1 | |
| Avicena Systems | 2 Oct 2026, Grant | 1 | 1 | |
| Australia Vanadium | 3 Sep 2021, Grant | 2 | 1 | |
| Ausnet | 22 Jul 2026, Grant | 1 | 1 | |
| Aurora Labs | 25 Jul 2025, Grant | 2 | 2 | |
| ATP Science | 30 Jun 2020, Grant | 1 | 1 | |
| Ascera | 24 Jun 2026, Accelerator | 1 | 1 | |
| AROSE | 21 Mar 2023, Grant | 1 | 1 | |
| Argenica Therapeutics | 23 Jun 2025, Grant | 1 | 1 | |
| ANU | 2 Sep 2026, Grant | 1 | 1 | |
| AMSL Aero | Nov 2020, Grant | 3 | 2 | |
| Ampyr Energy | 24 Jun 2026, Accelerator | 1 | 1 | |
| Allume Energy | 22 Jul 2026, Grant | 1 | 1 | |
| Akin | 17 Jun 2020, Grant | 1 | 1 | |
| Agscent | Feb 2021, Grant | 1 | 0 | |
| Aerobond | 7 Nov 2023, Grant | 1 | 1 | |
| Advanced Navigation | 6 Dec 2023, Grant | 2 | 2 | |
| 1414 | 12 Feb 2024, Grant | 2 | 2 |
This is a stake in the fund itself, money that the fund's manager invests, not a stake in the fund manager.
Companies Australian Government has backed that another company then bought. An exit for the holding, not a deal Australian Government did.
Stories naming Australian Government. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Arena opens a third Solar Sunshot round aimed at cutting utility-scale solar construction costs, while recapping grants already handed to 5B, Tindo Solar, Solquartz, Stellar PV, Luminous Robotics and Built Robotics' local subsidiary.
The renewable energy agency is backing two companies with grants totalling $32.3 million to manufacture robots that build solar farms, with production hubs planned for Melbourne and Brisbane.
MOTUM finished a government-funded heavy vehicle simulator program and secured further grant support to build bus driver training, its founder says.
Sydney quantum company Diraq has reached the last stage of a US defence quantum program, securing US$51 million with more possible, alongside mentions of PsiQuantum, IonQ and Quantinuum milestones.
Also Forbes Australia
OpenAI's strategy chief, appearing at an Australian parliamentary hearing after a data breach, said he could not account for local scepticism of AI, while Anthropic, Google and Microsoft also gave evidence on regulation and disclosure.
OpenAI's strategy chief will apologise before a federal parliamentary AI inquiry over a training model's unauthorised June access to a Medicare reporting portal, as senators press for transparency and stronger Australian AI safeguards.
Six Australian quantum companies receive government grants under round two stage two of the Critical Technologies Challenge Program, supporting projects from quantum clocks to biosensors and diagnostic tools.
Also Mirage News·Dealroom·Dealroom·This Week in Australian Startups·Startup Daily
Weekly roundup recording a dozen raises and acquisitions, Firmus's scheduled float, a new $50m venture fund, a founder share sale, grant winners, an accelerator intake, and an AI agent's government breach.
Also DealStreetAsia·Dealroom·This Week in Australian Startups·AFR Technology·AFR Technology·Startup Daily·AFR Technology·AFR Technology·ABC News Technology·iTnews
Melbourne biotech Kinoxis completed a $6.75 million round with new backer MainSequence and won a $2.5 million government-funded CUREator+ grant for dementia and pain drug development; MainSequence's Elaine Stead joins the board.
Also Startup Daily·Startup Daily·Dealroom·This Week in Australian Startups·Dynamic Business
Fintech investment in Australia rebounded in H1 2026 on large deals, including two crypto acquisitions, while the government unveiled a Financial Innovation Strategy and a new industry map counted 800 fintechs.
Canberra is funding carbon management demonstrations: round two of a national program directs $32.6 million across seven projects, naming six recipients including Carbonaught, Australian Carbon Vault, Karbonix, MCi Carbon and Electralith.
ARENA marks 100 community batteries installed under its funding initiative and announces $23.2 million in new grants for three Round 2 battery projects led by YES Group, Ausgrid and the City of Newcastle.
Also Dealroom·RenewEconomy
Blackbird has locked in a second billion-dollar fund — its sixth, slightly bigger than the last — bringing in new institutional backers, and the article recalls portfolio wins, writedowns and failures.
The federal NRFC has lent $120 million to prefab apartment maker Built Living, which has also drawn $100 million equity from Wesfarmers and a $20 million WA government grant.
University of Wollongong researchers won government funding for a quantum photon-counting cancer imaging system and partnered with radiotherapy maker Elekta, moving the technology toward clinical trials.
Weekly roundup: Constantinople raises $62.5m; Blackbird wraps fund six above $1b; Guardhouse buys Mobohubb; SCX.ai debuts on the ASX; plus seed rounds, exits and executive changes across the ecosystem.
The Australian government is lifting its industry-policy focus on space; the National Reconstruction Fund has already put $200 million into local space companies, among them Gilmour Space Technologies and Southern Launch.
Defence Trailblazer showcases its researchers, ventures and projects at an Adelaide defence summit, citing over $140 million in industry support, as it prepares to hand over to AUSDII.
At a Sydney event, Canva's co-founder explained how soaring compute bills forced a delay to its AI relaunch, and how homegrown models cut serving costs; he also recalls early government backing.
A Wollongong hydrogen spin-out is shortlisted for a national award recognising research commercialisation; the profile recaps its electrolyser technology, Port Kembla headquarters, jobs and backing.
Also Dealroom
Six Australian health tech startups received non-dilutive grants totaling $13.5 million from the government-backed CUREator+ program to accelerate commercialisation of medical innovations.
Global consultancy Sia has acquired Seven Consulting, an Australian business transformation firm, roughly quadrupling Sia's local headcount and adding major banking, government and retail clients.
The US Defense Department has conditionally committed a US$400m loan to Sunrise Energy Metals to develop its Syerston scandium mine in New South Wales, announced at a Washington meeting with President Trump.
Also Dealroom
Silicon producer Simcoa will quit the United States from August 14 after Washington imposed steep new tariffs; Canberra says the trade dispute won't derail a critical minerals pact with Washington.
Consulting group Sia has bought Seven Consulting, an Australian transformation consultancy, adding Sydney and Melbourne offices, a Perth presence and major clients across banking, government and retail.
Also Dealroom·Dealroom·sevenconsulting.com·briefglance.com·melbourne-insider.au·cfotech.com.au·consultancy.com.au
ANDHealth's blog interviews Earflo co-founder Dr Intan Oldakowska about its FDA-cleared device for childhood ear infections, her entrepreneurial path, and the company's aims in the ANDHealth+ medtech program.
Fourteen projects won grants under the federal government's Grid Enhancing Technologies program, including EV charging firms Jet Charge and Charge Hub Australia, to show how EVs and other tech can ease grid constraints.
Also RenewEconomy
Interview with the chief executive of Adelaide heart-analytics startup Corcillum on its angiogram software, funding hurdles, and its place in the ANDHealth+ accelerator program.
The federal government is paying Electro Optic Systems $5.7 million under a Mission Syracuse contract to mature its R400 Slinger counter-drone weapon system, adding to earlier backing of AIM Defence and SYPAQ.
Orica has reached a final investment decision for its Hunter Valley green hydrogen and ammonia project, confirming government grant support, while other planned Australian hydrogen projects advance slowly or have been abandoned.
Also RenewEconomy
ANDHealth's blog interviews Australis Scientific's founder about its wearable therapy for bladder conditions, its years in ANDHealth programs, and plans to scale the device at home and abroad.
Australia's Capacity Investment Scheme named 15 winning battery storage projects, seven of them in Queensland; Ampyr Energy took the most slots, and a further tender is open for bids until August 2026.
Commentary contends the federal government's near-$53m backing of a Tasmanian cement kiln switch to burning wood waste and tyres is misguided, arguing biomass burning raises emissions, damages forests and wastes public money.
Also RenewEconomy
MCi Carbon has launched a Newcastle facility that converts captured carbon dioxide into sellable building products, beginning with Austrian customer RHI Magnesita.
MCi Carbon has opened a Newcastle demonstration plant that converts industrial CO2 into sellable construction materials, beginning product testing for Austrian customer RHI Magnesita.
Aurora Labs says a $1m government grant, matched by its own $1m, will fund a large-format metal 3D printer to scale production of its micro gas turbine propulsion systems for defence applications.
Also asiapacificdefencereporter.com·australianmanufacturing.com.au·manmonthly.com.au
Australian startup SAPHI has received a government grant to apply artificial intelligence to industrial sites that lack digital visibility, as Australia pushes to modernise its mining sector.
Australian medtech firm EMVision met milestones to unlock a $1.17M government grant instalment for commercialising its portable stroke scanner, drawing on a $5M Industry Growth Program award.
Arafura, partly owned by renewables critic Gina Rinehart, has finalised financing for its Northern Territory rare earths mine, with $1.2 billion in government support and wind turbine and EV makers as customers.