Government · 1 deal
Silicon Valley
Every published round US Defense Innovation Unit 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 |
|---|---|---|---|---|---|---|
| ENA Respiratory | Grant | 10 Jan 2023 | $4.4m | Participant | Brandon Capital portfolio, Brandon BioCatalyst portfolio |
Companies US Defense Innovation Unit has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| ENA Respiratory | Antiviral nasal spray to prevent severe respiratory viral infections | 10 Jan 2023, Grant | 1 | 0 |
Fund closes reported for US Defense Innovation Unit, as distinct from the investments it has made.
Companies US Defense Innovation Unit has backed that another company then bought. An exit for the holding, not a deal US Defense Innovation Unit did.
| Name | Role | Sources |
|---|---|---|
| Ryan Weed | Program Manager | @AuManufacturing |
Stories naming US Defense Innovation Unit. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Defence tech firm Q-CTRL reports a first-at-sea trial navigating a vessel with no satellite positioning, using a quantum gravity sensor hardened by software, reaching nautical-mile accuracy and extending its navigation product line.
Newcastle battery firm 3ME Technology will show its EdgeVOLT portable power system to the US Defense Innovation Unit under a prototyping effort, with a low-temperature version built on South 8 cells, advancing AUKUS cooperation.
Hypersonix, a Queensland company developing hypersonic planes that run on hydrogen, has secured a Series A backed by a UK fund, government investors and Saab.
Also Startup Daily·SmartCompany·Startup Daily·Startup Daily·Business News Australia·Dealroom
Bondi Partners' 1941 fund has put $5 million into The Whiskey Project Group's latest capital raise, which could reach $20 million and will fund US expansion plus growth of its NSW boatyard.
Melbourne's ENA Respiratory has won a further US$3.18 million US Defense Department contract to widen its INNA-051 Phase Ib trial to younger adults, extending the US$8.18 million the agency had already committed.
Also Brandon BioCatalyst portfolio·Brandon Capital portfolio·Brandon Capital portfolio·enarespiratory.com
Hypersonix has named former US ambassador Arthur Sinodinos as its board chair, with co-founder David Waterhouse shifting to deputy chair as the hypersonic aerospace firm prepares its DART flyer flights for the US Defense Innovation Unit.
Hypersonix has appointed Arthur Sinodinos, a former Australian ambassador to the United States, as its board chair. Co-founder David Waterhouse becomes deputy chair. The company won its first US defence contract last year.
Hypersonix picked Rocket Lab to launch its DART AE hypersonic craft under a US defence program, following the Brisbane company's first major contract win.
An Australian hypersonics developer won a US defence agency contract for hypersonic test aircraft, selected from 63 respondents, with a Californian firm taking a second award; values undisclosed.
ENA Respiratory receives a USD 4.38 million U.S. Department of Defense agreement to develop an intranasal dry powder antiviral; its past Series A backers are also recalled.