Startup · $3.2m raised
Adelaide, SA
Every published round University of South Australia 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, and a place in one of its own programs is under Cohorts.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Tekuma | Accelerator | 24 Oct 2022 | - | Participant | Startup News (WA), Wholesale Investor |
Everyone University of South Australia has named to a program in published coverage. A place in a program is not a raise: the cheque is the figure recorded with the place, which is the program's standard terms where we hold them, and a blank is one we don't.
Companies University of South Australia has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| 114ai | 1 Apr 2021, Accelerator | 1 | 1 | |
| Astroport Space Technologies | 1 Apr 2021, Accelerator | 1 | 1 | |
| Digantara | 1 Apr 2021, Accelerator | 1 | 1 | |
| Firefly Biotech | 1 Apr 2021, Accelerator | 1 | 1 | |
| Hex20 | 1 Apr 2021, Accelerator | 1 | 1 | |
| Locus Rose | 1 Apr 2021, Accelerator | 1 | 1 | |
| Moonlode | 1 Apr 2021, Accelerator | 1 | 1 | |
| Ping | 2018, Accelerator | 1 | 1 | |
| satsearch | 1 Apr 2021, Accelerator | 1 | 1 | |
| SPACELIS | 1 Apr 2021, Accelerator | 1 | 1 | |
| Tekuma | Force-based control orb module for drones and robots | 24 Oct 2022, Accelerator | 1 | 0 |
Fund closes reported for University of South Australia, as distinct from the investments it has made.
Companies University of South Australia has backed that another company then bought. An exit for the holding, not a deal University of South Australia did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of University of South Australia is recorded as having been acquired. | ||||
Companies University of South Australia acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Every investor coverage indicates participated in a round University of South Australia raised.
| Name | Role | Sources |
|---|---|---|
| Craig Jones | Deputy Director of Business Incubation | Startup News (WA) |
| Professor Marnie Hughes-Warrington | Deputy Vice Chancellor: Research and Enterprise | @AuManufacturing |
| Matt Opie | Director Defence & Space | @AuManufacturing |
| Dr Dot Dumuid | Lead Researcher | Startup Daily |
| Colin Hall | Professor | @AuManufacturing |
| Professor Stuart Pitson | Professor | @AuManufacturing, Brandon Capital portfolio, Brandon BioCatalyst portfolio, Startup Daily |
| Professor David Lancaster | Professor of Laser Engineering | The Mandarin |
| Dr Kamil Zuber | Senior Research Fellow | @AuManufacturing |
Stories naming University of South Australia. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
MA Financial Group announces the appointment of Professor David Lloyd as an independent director to its board, effective 21 August 2026, citing his governance and leadership experience.
Eight university- and company-led Australian quantum projects share $12.7 million in stage-two Critical Technologies Challenge Program grants, funding prototypes for data-centre cooling, medical imaging and rare-earth detection.
Roundup of seven trans-Tasman raises worth $93.1m this week, headlined by IND Technology's $50m round, with LawVu also acquiring ClauseBase.
Adelaide medtech Ferronova has banked another $6 million from returning backers to advance its surgical tracer for cancer, lifting Series A funding to $17.5 million; backer parent UltraGreen.ai floated in Singapore this month.
Also movefm.com.au
CSIRO's ON Accelerate program presents its ninth intake of eleven research startups, drawn from universities nationwide and the agency itself, spanning biotech, healthcare and sustainability, at a Melbourne showcase.
A profile of South Australian firm Paladin Space, which has revealed Triton, a device that captures several pieces of space junk per mission, noting its UniSA accelerator background and coming demonstration milestones.
Manufacturing roundup: Monash shares 3D-printing guidelines for blind students; MGA Thermal gains syndicate investment atop ARENA funding; UniSA touts a natural obesity treatment; Sparc Technologies signs an MoU with CLP Group.
Defence grants totalling over $60 million went to 21 Australian organisations, with quantum software firm Q-CTRL among the recipients of contracts under a federal emerging technologies program.
Canberra is funding 21 quantum and counter-disinformation defence projects, awarding $60 million in grants through ASCA's Emerging and Disruptive Technologies programme to universities and companies nationwide.
Also Startup Daily·Startup Daily·Startup Daily·@AuManufacturing
Adelaide resin maker Change Climate is partnering with three universities in the iLAuNCH Trailblazer program to test whether its bio-based epoxy can survive space conditions for aerospace composites.
RenewEconomy reports renewables retailer Maximum Energy, trading as Circular Energy, was suspended and wound up, its customers moved to big-three retailers; it also recalls earlier retailer collapses and Oxamii's seed backing.
Manufacturing sector roundup: Whyalla steelworks resumes production, Maggie Beer Holdings' chief executive to depart, ReNu Energy secures hydrogen funding, Defence names grant recipients, Orthocell gains Canadian approval, and AEA appoints its advisory board.
The Defence Innovation Partnership opens applications for a $2.4 million Activator Fund grant round, and recalls Acacia Systems leading a $1.6 million government-funded undersea surveillance project for the Navy, announced in January.
Roundup covering manufacturing placements by Sparc Technologies and Aurora Labs, Wellnex's planned London listing, an autonomous navy boat trial, a workplace fine, a software degree launch and AusBiotech's next CEO.
UniSA, SMR Australia and VPG Innovation are collaborating under the iLAuNCH Trailblazer programme to develop additively manufactured freeform optics for satellites, with a space demonstration planned.
Roundup of Australian manufacturing items: DroneShield's Ukraine orders, CEO appointments at Bridgewest Perth Pharma and Sentinel Boats, SPC's community capital raise, LBT's underwritten raising, a university defence consortium, wine grants and new facilities.
A roundup of Australian manufacturing news: a summit keynote, a product launch, a CEO appointment, an acquisition, a quantum HQ, training and supply deals, and a refrigeration deployment.
Fleet Space Technologies wins a 6.4 million dollar Defence Space Command contract to lead the ASCEND2LEO project, developing LEO satellite communications with a consortium including DSTG, University of South Australia, Rice Satcom and SmartSat CRC.
Manufacturing roundup: Stärke-AMG buys plastics maker GADAC, Orbital's government loan converts to a grant after milestones, plus items on apprentices, SEA Electric, tyre recycling, UniSA's hub and electrification advocacy.
Adelaide cancer-focused biotech Ferronova has secured fresh backing: an investor round led by Irish strategic partner Renew Pharmaceuticals plus a federal research grant, to speed clinical trials in stomach and brain cancers.
Also SmartCompany·SmartCompany·SmartCompany·Startup Daily·Business News Australia·Startup Daily
Adelaide biotech Ferronova announced an A$11 million package: an A$8 million round led by Ireland's Renew Pharmaceuticals plus an A$3 million government CRC-P grant, with existing shareholders Uniseed and Artesian also participating.
News roundup: Elsight locks in $8 million through convertible notes; Northrop Grumman extends its Quickstep supply agreement; Titomic grows US sales; Fleet Space to survey for Core Lithium; Venture Catalyst Space applications open.
Four defence and space research projects in South Australia, including one by Adelaide startup Safety from Space, have received grants through the Defence Innovation Partnership's Collaborative Research Fund.
Roundup of Australian manufacturing items: Manildra draws on CEFC money to quit coal, Ankere Therapeutics launches with seed backing, Micro-X gear reaches Ukraine, plus a vessel naming, precinct tenders, an FFI appointment and a cable rebrand.
Biotech startup Ankere Therapeutics launches with a $10 million seed round co-led by IP Group and Brandon Capital to develop inflammatory lung disease therapies, building on research from Monash and UniSA scientists.
Also Brandon Capital portfolio·Startup Daily·@AuManufacturing
Five South Australian defence research projects led by Flinders, UniSA and the University of Adelaide with industry partners receive the latest Collaborative Research Fund grants from the Defence Innovation Partnership.
Also @AuManufacturing
Adelaide clean-tech firm Phosenergy won an Innovative Manufacturing CRC activate grant to develop GenT, a panel converting waste heat into electricity, with the University of South Australia's Future Industries Institute collaborating.
Also @AuManufacturing
Impact Absorbing Systems receives $100,000 from the Innovative Manufacturing CRC to work with University of South Australia engineers on energy-absorbing traffic lights, part of a $640,000 re-engineering project.
Adelaide startup Oxamii has launched a peer-to-peer renewable energy trading platform, The People's Grid, with partner Circular Energy; the article recalls its $1 million seed round backed by Artesian's Clean Energy Seed Fund.
Also RenewEconomy
Federal defence contracts worth more than $100 million include $1.8 million for University of South Australia laser research, $7.4 million for Silentium Defence radar, and $183,022 for Varley Rafael Australia's missile kit production.
Profile of satellite IoT company Myriota, a University of South Australia spin-out, recalling its seed backing from exactEarth and support from investors such as In-Q-Tel, Host Plus and Main Sequence Ventures.
Nine startups from Australia, India, the US and the Netherlands join the University of South Australia's Venture Catalyst Space program, each receiving $10,000 from the South Australian Government, with program alumni including Ping Services highlighted.
Also SmartCompany
Nine space startups from Australia, India, the US and the Netherlands have been chosen for the University of South Australia's Venture Catalyst Space program, each receiving $10,000 and support from the South Australian Government.
Cincera Therapeutics has received a million-dollar Biomedical Translation Bridge grant to advance its Des-1 inhibitor drug for obesity-related metabolic diseases. The Monash and UniSA spin-out previously secured venture funding from the Medical Research Commercialisation Fund.
Biotech startup Ferronova closed a $3.5 million Series A led by Stoic Venture Capital to commercialise iron nanoparticle technology for cancer diagnosis and treatment.
Cancer-detection nanotech developer Ferronova announced a $3.5 million Series A round, with Uniseed leading, to fund planned human trials across several cancer types; research partners span four universities.
Adelaide defence firm DEWC Systems won a $3.1 million government contract to develop a CubeSat electronic warfare sensor constellation, having earlier bought engineering firm AES to build its own hardware.
Adelaide nanosatellite company Myriota announced a $28 million Series B led by Hostplus and Main Sequence Ventures, recalled its 2018 Series A, and had recently acquired Canadian satellite firm exactEarth.
Also TechCrunch Venture·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Business News Australia
Adelaide medical modelling firm Fusetec plans a capital raise to expand production of 3D-printed surgical training anatomy, and has previously received grants for manufacturing software development.
South Australian-led scientists will spend four years combining wearable, survey and health data into a tool recommending optimal daily activity mixes, funded by a newly awarded National Health and Medical Research Council grant.