Government · 1 deal
Every published round Defence Department 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 |
|---|---|---|---|---|---|---|
| SoftIron | Grant | 14 Nov 2022 | $1.5m | Participant | @AuManufacturing (Mon 14 Nov 2022), @AuManufacturing (Mon 18 Oct 2021) |
Companies Defence Department has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| SoftIron | 14 Nov 2022, Grant | 1 | 0 |
Fund closes reported for Defence Department, as distinct from the investments it has made.
Companies Defence Department has backed that another company then bought. An exit for the holding, not a deal Defence Department did.
| Name | Role | Sources |
|---|---|---|
| Matt Thistlethwaite | Assistant Minister for Defence | @AuManufacturing |
Stories naming Defence Department. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Bondi Partners' Joe Hockey and Ellerston Capital's Ashok Jacob closed fundraising for 1941, a private national security investment club with about 30 backers; the article also recalls Digicel's sale to Telstra.
Manufacturing roundup: Robern Menz revives the Polly Waffle bar with grant backing, SoftIron builds an edge-computer plant in NSW, Lockheed Martin Australia names its first MILSATCOM intern, and DXN wins a third cable contract.
Also @AuManufacturing
Sydney satellite monitoring firm HEO Robotics completed an undisclosed seed round led by Winton Group's David Harding to launch its in-orbit inspection product, with several investors participating and an existing backer increasing its stake.
Two unmanned aircraft tender finalists have each chosen a Melbourne imaging company's camera gimbal, which earlier received Defence Innovation Hub investment, with a government platform decision expected later this year.