CEO, IP Group Australia
Stories naming Michael Molinari. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Hostplus has tipped an additional A$125 million into the deep-tech fund IP Group runs, taking its overall backing to A$435 million across companies spun out of Australian universities.
Electrolyser developer Hysata has raised $5 million, led by IP Group with a $750,000 commitment from the CEFC through its Clean Energy Innovation Fund, to commercialise technology developed at the University of Wollongong.
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Brisbane immunology company Kira Biotech has launched with a $20 million Series A, OneVentures leading alongside IP Group and Queensland government support, to progress its lead antibody KB312 into early human studies.