Government · 8 deals
Every published round New South Wales state 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.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Barayamal | Accelerator | 2 Jun 2026 | - | Participant | Women's Agenda, Startup Daily | |
| Sunman Group | Grant | 2 Dec 2025 | $171m | Participant | RenewEconomy (Tue 2 Dec 2025), RenewEconomy (Tue 2 Dec 2025), ARENA | |
| Sell & Parker | Grant | 24 Sep 2025 | $28m | Lead | RenewEconomy (Tue 2 Jun 2026), RenewEconomy (Tue 2 Jun 2026), @AuManufacturing (Mon 29 Sep 2025), @AuManufacturing (Wed 24 Sep 2025) | |
| Hiringa Energy | Grant | 4 Aug 2023 | $35.8m | Lead | RenewEconomy, @AuManufacturing, AgFunderNews (Thu 3 Aug 2023), AgFunderNews (Wed 2 Aug 2023) | |
| Solar Analytics | Grant | 30 Sep 2019 | - | Lead | @AuManufacturing (Mon 30 Sep 2019), @AuManufacturing (Tue 12 Feb 2019) | |
| Ikkiworks | Grant | 15 Feb 2019 | $25k | Lead | SmartCompany (Mon 11 Mar 2019), SmartCompany (Fri 15 Feb 2019) | |
| VAPAR | Grant | 2018 | $25k | Participant | SmartCompany, Startup Daily | |
| Tyree Transformers | Grant | undated | $22m | Lead | RenewEconomy (Tue 2 Jun 2026), RenewEconomy (Tue 2 Jun 2026) |
Companies New South Wales state 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 |
|---|---|---|---|---|
| VAPAR | AI software for assessing pipe condition from CCTV footage | 2018, Grant | 1 | 0 |
| Tyree Transformers | Grant | 1 | 1 | |
| Sunman Group | 2 Dec 2025, Grant | 1 | 0 | |
| Solar Analytics | 30 Sep 2019, Grant | 1 | 1 | |
| Sell & Parker | 24 Sep 2025, Grant | 1 | 1 | |
| Ikkiworks | 15 Feb 2019, Grant | 1 | 1 | |
| Hiringa Energy | 4 Aug 2023, Grant | 1 | 1 | |
| Barayamal | 2 Jun 2026, Accelerator | 1 | 0 |
Fund closes reported for New South Wales state government, as distinct from the investments it has made.
Companies New South Wales state government has backed that another company then bought. An exit for the holding, not a deal New South Wales state government did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| Solar Analytics | CATCH Power | Acquisition | 2024 | - |
| Name | Role | Sources |
|---|---|---|
| Daniel Mookhey | State Treasurer | RenewEconomy (Tue 2 Jun 2026), RenewEconomy (Tue 2 Jun 2026) |
| Gladys Berejiklian | Premier | The Mandarin |
| Penny Sharpe | State Energy and Environment Minister | RenewEconomy (Tue 2 Jun 2026), RenewEconomy (Tue 2 Jun 2026) |
| Stuart Ayres | Jobs, Investment, Tourism and Western Sydney Minister | The Mandarin |
Stories naming New South Wales state government. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Bathla Group's administrators expect to wind up the business after a lender meeting and a government bailout request failed, leaving hundreds of staff unpaid and thousands of homes in limbo.
Consulting group Sia has bought Seven Consulting, an Australian transformation consultancy, adding Sydney and Melbourne offices, a Perth presence and major clients across banking, government and retail.
Also Dealroom·Dealroom·sevenconsulting.com·briefglance.com·melbourne-insider.au·cfotech.com.au·consultancy.com.au
A New South Wales government program is funding a regional winery to build the state's first plant stripping alcohol from wine, while a nearby pig farm also receives money under the same scheme.
NSW Government grants Venusshell Systems AUD 2 million to expand its Huskisson seaweed plant, the largest award in a $5.7 million package supporting South Coast aquaculture businesses including Joonga Land and Water Aboriginal Corporation.
NSW Government grants worth $400,000 across 19 recipients include EnergyLab, Barayamal, Go Remote, Western Sydney Women and Scale Investors, funding events and initiatives aimed at closing the gender funding gap.
New South Wales has opened another $225 million grant round for low-carbon manufacturers, and the article recalls earlier awards to recycler Sell & Parker and transformer maker Tyree Transformers under the same state program.
Also RenewEconomy
Sunman Group wins $171 million in federal and NSW funding for a Hunter Valley solar panel factory; earlier grants to Tindo Solar, Stellar PV, Solquartz and SunDrive are also recalled.
Analysis of ADNOC's proposed cash takeover of Australian gas producer Santos, arguing the deal may harm domestic gas supply and national interests, with government, regulators and shareholders able to block or condition it.
Funding roundup covering six Australian-linked startups: Superpower's US$30m Series A, WeMoney's $12m Series A plus debt facility, InsightWise's $1m pre-seed, and Bupa's first venture investments in three health startups.
Roundup of nine local startups that together banked a combined $38m-plus this week, spanning precision instruments, proptech, adtech, robotics, food, energy storage and AI, with several earlier raises recalled.
Also Australian FinTech·Startup Daily·SmartCompany·AgFunderNews
Weekly agrifoodtech roundup reporting Konscious Foods' seed raise, commitments into Ocean 14 Capital's blue economy fund, LIVEKINDLY's acquisition of Alpha Foods, several grants, and a Wiliot advisor hire.
Also AgFunderNews
The New South Wales government has granted Hiringa Energy and Sundown Pastoral Co money for a green hydrogen and ammonia facility at Sundown's Good Earth cotton farm near Moree.
Weekly roundup covering 14 startup raises totalling over $260 million, headlined by Synchron's $110 million round, plus Roller's shareholder liquidity payout, Partly's record New Zealand Series A, and several government grants.
Also GrainCorp Ventures·SmartCompany·Startup Daily·SmartCompany·@AuManufacturing·SmartCompany·Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·Startup News (WA)·Startup News (WA)
Techboard's March 2022 roundup of Australian funding: megadeals by Immutable, Saluda Medical, Linktree and Zeller, many smaller raises, acquisitions, an IPO, several fund closes, and companies still seeking capital.
Sewer-inspection AI startup VAPAR wins a federal commercialisation grant, weeks after a seed round, as it speeds up plans to enter the UK market.
Also SmartCompany
Adelaide employee-feedback software firm Teamgage launched a remote-work survey tool that gained 1,200 users in three days, and has a $350,000 South Australian government grant to help expand into overseas markets.
HR platform FlexCareers has closed a $4.5 million round to build AI matching and analytics tools, encouraged by the NSW government, and recalls its $250,000 first raise in early 2015.
Compressed-air storage developer Hydrostor Australia has received part of a New South Wales feasibility grant pool for a Broken Hill mine study, while its South Australian plant progresses; Solar Analytics also received a grant.
Ikkiworks, a Sydney medtech startup, received a $25,000 NSW government MVP grant for its robot helping seriously ill children at home, alongside mentions of other medtech grants.
Also SmartCompany
The Guardian reports Apple is negotiating to buy Sydney keyboard startup Sonder, whose chief executive met Tim Cook; it recalls a university program stint and a state government grant.