Startup · $9.9m raised · Healthcare
Melbourne, VIC
Every investor coverage indicates participated in a round Navi Medical Technologies raised.
| Investor | Rounds | Invested |
|---|---|---|
| Artesian VC | Seed · Grant | - |
| Breakthrough Victoria | Seed · Grant | $1,400,000 |
| Medtech Actuator | Seed · Grant | - |
| Innovation Victoria | Unnamed stage | - |
| KP Rx | Unnamed stage | $4,000,000 |
| Pacific Channel | Unnamed stage | - |
| Australian Government | Seed | - |
| Federal Government | Grant | - |
| Victorian government fund | Seed | - |
Companies Navi Medical Technologies acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Navi Medical Technologies. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of eight Australian and New Zealand startups whose late-July funding totals $102 million across space capsules, medical devices, livestock breath analysis, sports analytics and AI crop forecasting.
Melbourne and Boston medical device firm Navi Medical Technologies has closed a 6.8 million dollar round led by KP Rx to commercialise its neonatal catheter technology in the United States.
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Breakthrough Victoria announces it made follow-on investments in four portfolio companies during 2025-26 — Number 8 Bio, Navi Medical Technologies, Liquid Instruments and Type One Energy — to support their growth and commercialisation.
Breakthrough Victoria rounds up April–May 2026 portfolio news, including grants for Number 8 Bio and Xefco, Liquid Instruments' Series C, program selections, partnerships, regulatory clearances and two new Aravax directors.
Wholesale Investor's Steve Torso highlights Australian life sciences companies from the Emergence Preview Series, noting government grant funding, a Series A extension, venture co-investment, and a medtech company's ASX listing.
Also Wholesale Investor
Breakthrough Victoria's CEO reviews its 2024/25 year: growing capital base, strong co-investment leverage, portfolio milestones including Amber's $10m raise, first fellows awarded, and projected economic impact ahead.
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Breakthrough Victoria highlights recent achievements of portfolio companies including funding, awards, and expansions for firms like Liquid Instruments, Quantum Brilliance, and Samsara Eco.
Navi Medical Technologies gained US FDA clearance for its Neonav catheter guidance system; the Melbourne firm, backed by Breakthrough Victoria, plans a capital raise later in 2025 to fund its American rollout.
ANDHealth announced its fourth accelerator cohort, granting non-dilutive MRFF funding to six digital health startups including Cape Bionics and Healthily to support commercialisation.
MedTech Actuator alumni are behind Synthesis Capital, a new venture fund courting investors for up to $100m to back young health technology companies across Australia and the Asia-Pacific.
Weekly roundup reporting eight Australian startups together raised $85.6 million across mining tech, cybersecurity, waste, energy storage, health and micromobility, plus a Google.org grant for Global Sisters.
Breakthrough Victoria is putting $700,000 into Navi Medical Technologies' round alongside Medtech Actuator and Artesian VC, helping the Melbourne medtech develop its newborn catheter guidance device toward regulatory approval.
Medical device startup Navi announced a completed $2.4 million funding round, led by Breakthrough Victoria with $700,000, plus federal grants, to finish developing its Neonav catheter device.
Also Startup Daily·Startup Daily·SmartCompany·bushletter.com
Medical device startup Navi Medical Technologies has received a government research grant to advance commercialisation of its Neonav catheter-placement tool for newborns, developed with Melbourne universities and hospitals.
Melbourne medtech Navi Medical Technology received a government grant to advance its newborn-care device, adding to earlier backing from Artesian and support through the Medtech Actuator accelerator program.