Startup · $40m raised
Every published round Australian Stroke Alliance 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.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| EMVision Medical Devices | Grant | 13 Mar 2024 | $600k | Lead | @AuManufacturing (Wed 13 Mar 2024), @AuManufacturing (Fri 28 Jul 2023), @AuManufacturing (Tue 18 Apr 2023), @AuManufacturing (Mon 27 Jun 2022) | |
| EMVision Medical Devices | Grant | Nov 2022 | $1.2m | Lead | @AuManufacturing (Mon 5 Dec 2022), @AuManufacturing (Mon 14 Nov 2022) | |
| Micro-X Ltd | Grant | 23 Sep 2021 | $8m | Lead | @AuManufacturing (Thu 23 Sep 2021), @AuManufacturing (Wed 14 Apr 2021), @AuManufacturing (Wed 3 Mar 2021), @AuManufacturing (Mon 1 Mar 2021) | |
| EMVision | Grant | 17 Sep 2021 | $8m | Lead | @AuManufacturing (Thu 23 Sep 2021), @AuManufacturing (Fri 17 Sep 2021), @AuManufacturing (Wed 3 Mar 2021) |
Companies Australian Stroke Alliance has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| EMVision | 17 Sep 2021, Grant | 1 | 1 | |
| Micro-X Ltd | 23 Sep 2021, Grant | 1 | 1 | |
| EMVision Medical Devices | Nov 2022, Grant | 2 | 2 |
Fund closes reported for Australian Stroke Alliance, as distinct from the investments it has made.
Companies Australian Stroke Alliance has backed that another company then bought. An exit for the holding, not a deal Australian Stroke Alliance did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Australian Stroke Alliance is recorded as having been acquired. | ||||
Companies Australian Stroke Alliance acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Every investor coverage indicates participated in a round Australian Stroke Alliance raised.
| Investor | Rounds | Invested |
|---|---|---|
| Medical Research Future Fund | Grant | $40,000,000 |
Stories naming Australian Stroke Alliance. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
EMVision has built the prototype of a lightweight brain scanner for ambulances, developed for an Australian stroke research group with federal funding, and has lodged paperwork to trigger a further milestone payment.
Micro-X will trial its lightweight portable CT brain scanner at two hospitals this year; the Adelaide company's stroke technology was developed with $8 million in grant funding, as was rival EMVision's approach.
Roundup of brief manufacturing news: Wide Open Agriculture offloading Dirty Clean Food to its CEO's company, Osteopore launching a shareholder offer, an EMVision grant milestone, executive moves, a diving-training partnership and university scholarships.
Micro-X has released footage of its portable head scanner for diagnosing strokes in ambulances, built with $8 million flowing from a government grant to the Australian Stroke Alliance; EMVision is developing similar technology.
Manufacturing briefs roundup: WA government commits $5m to space facility Fugro SpAARC; Starpharma and Micro-X receive R&D tax refunds; Bulla licenses Violet Crumble for ice cream; SCEE wins $50m in contracts.
EMVision reports encouraging early results for its 'blood or not' algorithm that spots brain bleeds, developed with Australian Stroke Alliance grant support; Stage 2 testing of the full system comes next.
Australian manufacturing roundup: Zip Water appoints a marketing director, EMVision triggers a milestone payment, Kleos Space faces bankruptcy, AnteoTech secures placement commitments, and LaunchVic funds two women-founder pre-accelerators.
Adelaide X-ray maker Micro-X has won US Homeland Security funding of up to $21 million to build self-screening airport checkpoints, extending earlier contract work on its miniaturised CT scanner technology.
Also Forbes Australia
Brain scanner developer EMVision has received a $1.75 million milestone payment from its federal government grant, with remaining instalments tied to manufacturing milestones expected before May 2024.
Also @AuManufacturing
Roundup of Australian manufacturing news: ARM Hub's anniversary, DroneShield orders, EMVision's milestone grant, SciDev results, a SEA Electric hire, ATSE's policy submission, and spaceport funding for Koonibba.
Weekly roundup covering three Australian raises: Rumin8's climate tech funding led by Breakthrough Energy Ventures, Ferronova's biotech round led by Renew Pharmaceuticals, and EMVision's stroke imaging milestone payment.
Roundup of Australian manufacturing items: EMVision collects grant money, Anduril completes a large Series E, Adherium receives a tax incentive payment, Tindo Solar's sales double, and Glaciem wins a New York clean energy program place.
EMVision has delivered its first portable brain scanner to a Sydney hospital for stroke trials and won a $2.5 million NSW grant, while ASA-funded Micro-X advances its rival ambulance imaging technology.
News roundup: EMVision receives a $2.5 million NSW medical devices grant, ADDE appoints a liquidator, DroneShield wins an order, SciDev and Q-CTRL name executives, and ReNu Energy signs a non-binding term sheet with HESTA.
Also @AuManufacturing
EMVision is named the second Australian SME granted $8 million by the Australian Stroke Alliance from its $40 million Medical Research Future Fund grant, to develop microwave stroke imaging; Micro-X earlier received $8 million.
Adelaide X-ray firm Micro-X will put its $8 million share of a $40 million Medical Research Future Fund grant toward developing a portable brain CT scanner for pre-hospital stroke diagnosis.