Government · 4 deals
Every published round Commonwealth 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.
Companies Commonwealth 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 |
|---|---|---|---|---|
| Hysata | 14 Aug 2023, Grant | 1 | 0 | |
| Judo | 2 Apr 2020, Venture debt | 1 | 0 | |
| Neumann Space | 4 Mar 2024, Grant | 1 | 0 | |
| Silicon Quantum Computing | 25 Jul 2023, Series A | 1 | 0 |
Fund closes reported for Commonwealth Government, as distinct from the investments it has made.
Companies Commonwealth Government has backed that another company then bought. An exit for the holding, not a deal Commonwealth Government did.
| Name | Role | Sources |
|---|---|---|
| Josh Frydenberg | Federal Treasurer (former) | @AuManufacturing |
| Keith Pitt | Resources, Water and Northern Australia Minister (former) | Beef Central / Grain Central |
| Michelle Landry | Member for Capricornia | Beef Central / Grain Central |
| Peter Dutton | Defence Minister | @AuManufacturing |
Stories naming Commonwealth Government. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Neumann Space will adapt its thruster for a Spire satellite using Commonwealth funding secured via the Australian Space Manufacturing Network, and has finished early space trials of its drive aboard a Skykraft satellite.
Alpha HPA has received Queensland government support of up to $21.7 million for Stage 2 of its Gladstone high-purity alumina plant, adding to earlier federal grants of $15.5 million and $45 million.
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.
The Victorian state budget directs $186.2 million towards the startup ecosystem, covering a women founders angel fund, a fund of funds, venture debt, LaunchVic funding, loans, and digital skills and infrastructure programs.
Techboard's periodic funding analysis reports record Australian startup funding in March and April 2020, driven by large neobank raises, while declining deal counts suggest an emerging Covid-19 downturn.
The federal NAIF has reached contractual close on a $24 million loan to Signature Onfarm for a beef processing facility and worker accommodation near Clermont in Central Queensland.