Investor · 6 deals
Every published round Cooperative Research Centre Projects 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 Cooperative Research Centre Projects has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| OncoRes Medical | Jul 2023, Grant | 1 | 0 | |
| Diraq | 30 Jun 2023, Grant | 1 | 0 | |
| Dovetail Electric Aviation | 19 Jan 2023, Grant | 1 | 0 | |
| Hypersonix | Mar 2022, Grant | 1 | 0 | |
| Lithium Australia | 5 Mar 2021, Grant | 1 | 1 | |
| Coviu | 31 Jan 2019, Grant | 1 | 0 |
Fund closes reported for Cooperative Research Centre Projects, as distinct from the investments it has made.
Companies Cooperative Research Centre Projects has backed that another company then bought. An exit for the holding, not a deal Cooperative Research Centre Projects did.
| Name | Role | Sources |
|---|---|---|
| Melissa Price | Science Minister | @AuManufacturing |
Stories naming Cooperative Research Centre Projects. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
First Graphene will supply graphene for Halocell's perovskite solar modules under a new two-year deal; the partners earlier won a $2 million CRC-P research grant for solar cell work at Halocell's Wagga Wagga plant.
Emissions-free ammonia developer Jupiter Ionics has raised $9 million, adding Breakthrough Victoria, CIMIC Group and Wesfarmers Chemicals, Energy & Fertilisers to its earlier backers, and also recalls a $2.65 million grant from 2022.
LaunchVic profiles Nutromics, a wearable diagnostic patch maker whose co-founders joined the 30X30 scaleup program; the piece recalls a $2 million government grant and over US$14 million raised to date.
Round 14 of the CRC-Projects program awarded 24 projects a combined $50 million in grants, with named recipients including Gilmour Space, Diraq and Advanced Circular Polymers alongside university and industry partners.
Hydrogen storage startup Endua has raised $7.5 million from QIC, Melt Ventures and 77 Partners to scale its modular hydrogen power banks for microgrid and standalone power markets.
Also @AuManufacturing·@AuManufacturing·Techboard·@AuManufacturing
Rex Airlines takes a 20 per cent stake and a board seat in Dovetail Electric Aviation, a Sydney startup retrofitting electric propulsion, which earlier won a $3 million government research grant.
Also Startup Daily
Silex Systems finished its zero-spin silicon research project with UNSW and SQC, backed by a government grant, and now plans commercial production of ultra-pure silicon-28 for quantum chips.
University of Southern Queensland and Inconmat received a $1 million government CRC-P grant to develop corrosion-resistant glass fibre-reinforced polymer rebar from bio-resins and recycled glass, with manufacture planned at Inconmat's factory.
Hypersonix leads a CRC-P grant-funded hypersonic UAV project with Romar, LSM and USQ, starting July; Romar's earlier federal grant is also recalled.
Also @AuManufacturing
Thirteen industry-research collaborations share $32 million in Round 12 CRC-P government grants, spanning hydrogen storage, hypersonic drones and mRNA manufacturing; partner contributions total $56 million. No individual recipients are named.
News roundup: Das Studio to design Adelaide's Line Zero factory project, Adbri's Mawsons JV buys Milbrae, VEEM wins a modernisation grant, and Lithium Australia secures a European patent.
Perth's Lithium Australia seeks partners to commercialise its LieNa extraction process, with a pilot plant backed by a government grant, while other companies build battery-material refineries nearby.
An insulated panel maker and its partners have received a research grant to develop automated processes turning plastic waste into lightweight prefabricated building components, with the project running to 2023.
Lithium Australia and its research partners have won a Cooperative Research Centre Projects grant for a $3.6 million lithium extraction project, with the company receiving $1.3 million to advance its LieNA process.
Coviu wins a $1.18 million CRC-P grant alongside CSIRO's Data 61, HFRC and UWA to develop its video-based physiotherapy analysis tool; the startup previously raised $1 million from Main Sequence Ventures.
Also Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily