Government · 63 deals
Perth, WA
Every published round Western Australian 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, and a place in one of its own programs is under Cohorts.
Everyone Western Australian government 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 Western Australian 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 |
|---|---|---|---|---|
| OncoRes Medical | 22 Jan 2021, Grant | 1 | 0 | |
| Renergi | 29 Jan 2021, Grant | 1 | 0 | |
| International Graphite | 3 Aug 2021, Grant | 3 | 2 | |
| ATCO | 18 Aug 2021, Grant | 1 | 1 | |
| Force Hooks | 2022, Grant | 2 | 2 | |
| Eden Towers | 27 Jan 2022, Grant | 1 | 1 | |
| Strike Energy | Apr 2022, Grant | 1 | 1 | |
| Magnesium Capital | Jun 2022, Grant | 1 | 0 | |
| VeinTech | 3 Jul 2022, Grant | 1 | 1 | |
| Biotome Pty Ltd | 21 Jul 2022, Accelerator | 2 | 2 | |
| DiGii | 21 Jul 2022, Accelerator | 1 | 1 | |
| Gene-S | 21 Jul 2022, Accelerator | 1 | 1 | |
| Helme | 21 Jul 2022, Accelerator | 1 | 1 | |
| Hemp Squared | 21 Jul 2022, Accelerator | 1 | 1 | |
| Markr Systems | 21 Jul 2022, Accelerator | 1 | 1 | |
| SeedCulture | 21 Jul 2022, Accelerator | 1 | 1 | |
| Woodside Energy | 17 Aug 2022, Grant | 1 | 0 | |
| Yuri Operations | 16 Sep 2022, Grant | 1 | 0 | |
| Aeona | 20 Sep 2022, Grant | 1 | 1 | |
| Camp Connect | 20 Sep 2022, Grant | 2 | 1 | |
| Carbon Ag Solutions | 20 Sep 2022, Grant | 1 | 1 | |
| CleanSubSea | 20 Sep 2022, Grant | 2 | 1 | |
| Click Brick | 20 Sep 2022, Grant | 1 | 1 | |
| Colleagues Matrixx | 20 Sep 2022, Grant | 1 | 1 | |
| Lycaon Group | 24 Oct 2022, Accelerator | 1 | 0 | |
| S5 System | 24 Oct 2022, Accelerator | 1 | 0 | |
| Dark Stry | 21 Dec 2022, Grant | 1 | 1 | |
| Australian Remote Operations for Space and Earth | 20 Mar 2023, Grant | 2 | 2 | |
| ClearVue Technologies | 26 May 2023, Grant | 1 | 1 | |
| Good Earth Dairy | Jul 2023, Grant | 1 | 0 | |
| FYI | 19 Jul 2023, Grant | 1 | 1 | |
| Infinite Green | 19 Jul 2023, Grant | 1 | 0 | |
| Wide Open Agriculture Limited | 19 Jul 2023, Grant | 1 | 1 | |
| Earflo | 11 Sep 2023, Grant | 1 | 1 | |
| Horizon Power | 25 Mar 2024, Grant | 1 | 0 | |
| Chironix | 29 Mar 2024, Accelerator | 1 | 1 | |
| Nork Solutions | 29 Mar 2024, Accelerator | 1 | 1 | |
| Pretect Devices Pty Ltd | 29 Mar 2024, Accelerator | 1 | 1 | |
| U-CAN Ostomy Systems | 29 Mar 2024, Accelerator | 1 | 1 | |
| Vendaly | 13 May 2024, Accelerator | 1 | 0 | |
| Calix | 13 Feb 2025, Grant | 1 | 1 | |
| Australian Winders | 2 Sep 2025, Grant | 1 | 1 | |
| RCR Advanced Technologies | 2 Sep 2025, Grant | 1 | 1 | |
| Turbine Solutions | 17 Sep 2025, Grant | 1 | 0 | |
| Electric Power Conversions Australia | 8 Dec 2025, Grant | 2 | 2 | |
| Novolo Co | 8 Dec 2025, Accelerator | 2 | 2 | |
| Respiradigm | 30 Dec 2025, Accelerator | 1 | 0 | |
| Safe Call Up | 30 Dec 2025, Accelerator | 1 | 1 | |
| CamCo Engineering | 22 Mar 2026, Grant | 1 | 1 | |
| Spacecubed | 9 Apr 2026, Accelerator | 1 | 1 | |
| AGRA Farming Technologies | 3 Aug 2026, Accelerator | 1 | 1 | |
| Ocean HEX | 10 Aug 2026, Grant | 2 | 2 | |
| ACE Kinetics | 12 Aug 2026, Accelerator | 1 | 1 | |
| Auriva | 12 Aug 2026, Accelerator | 1 | 1 | |
| Beemurra Aboriginal Corporation | 12 Aug 2026, Accelerator | 1 | 1 | |
| Birdrone | 12 Aug 2026, Accelerator | 1 | 1 | |
| Boorloo Legal Assistance Clinic | 12 Aug 2026, Accelerator | 1 | 1 | |
| Co Connect App | 12 Aug 2026, Accelerator | 1 | 1 | |
| Complete Tyre Solutions Tye Recycling (CTSTR) | 12 Aug 2026, Accelerator | 1 | 1 | |
| Dilji Corporation | 12 Aug 2026, Accelerator | 1 | 1 | |
| EchoNova | 12 Aug 2026, Accelerator | 1 | 1 | |
| Fiction Labs | 12 Aug 2026, Accelerator | 1 | 1 | |
| Gordon Mining Contracting | 12 Aug 2026, Accelerator | 1 | 1 | |
| MamaTech | 12 Aug 2026, Accelerator | 1 | 1 | |
| One Kidney | 12 Aug 2026, Accelerator | 1 | 1 | |
| Open Ocean Exchange | 12 Aug 2026, Accelerator | 1 | 1 | |
| Queensberry Consulting | 12 Aug 2026, Accelerator | 1 | 1 | |
| Reformix Materials Group | 12 Aug 2026, Accelerator | 1 | 1 | |
| Rogue Pantry | 12 Aug 2026, Accelerator | 1 | 1 | |
| Spectrum Wear | 12 Aug 2026, Accelerator | 1 | 1 | |
| Stealth Technologies | 12 Aug 2026, Accelerator | 1 | 1 | |
| Tanafloc Australia | 12 Aug 2026, Accelerator | 1 | 1 | |
| Tradie Pass | 12 Aug 2026, Accelerator | 1 | 1 | |
| Yawuru Technology Group | 12 Aug 2026, Accelerator | 1 | 1 | |
| Yued Aboriginal Corporation | 12 Aug 2026, Accelerator | 1 | 1 | |
| Space Angel | 17 Aug 2026, Grant | 1 | 1 | |
| Adarsh Investments | 1 Sep 2026, Grant | 1 | 1 | |
| Magellan Power | 1 Sep 2026, Grant | 1 | 1 | |
| National Electric Motor Services | 1 Sep 2026, Grant | 1 | 1 | |
| ProtoLab Manufacturing | 1 Sep 2026, Grant | 1 | 1 |
Fund closes reported for Western Australian government, as distinct from the investments it has made.
Companies Western Australian government has backed that another company then bought. An exit for the holding, not a deal Western Australian government did.
Stories naming Western Australian government. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Three Western Australian firms, including battery newcomer Magellan Power, have been awarded grants totalling $1.7 million under the state's Local Battery Manufacturing Program to develop prototypes and expand battery manufacturing capacity.
Also RenewEconomy
WA's government has announced half a million dollars for National Electric Motor Services via its co-investment program for wind manufacturing, backing a Malaga facility to overhaul turbines locally; earlier recipients are also named.
Also RenewEconomy
The federal NRFC has lent $120 million to prefab apartment maker Built Living, which has also drawn $100 million equity from Wesfarmers and a $20 million WA government grant.
Western Australia's government has awarded Round 8 Innovation Booster Grants totalling nearly $1.27 million across 26 startups, including Indigenous-founded, female-founded and regional founders, funding early-stage projects from health and agriculture to space.
Also Startup News (WA)
Western Australia's government has awarded nearly $2.56 million in grants to 14 groups running accelerators and education programs via its Innovation Pathways Program, with the next round due November 2026.
Western Australia's government is putting $2 million into Camco Engineering to create local manufacturing of wind turbine anchor cages, while state utilities signed power purchase deals with three wind farm projects.
Also RenewEconomy
Western Australia's latest Innovation Booster and Commercialisation Bridge grant round gives 21 startups a combined $1.9 million, unveiled at West Tech Fest; two-thirds are regional, First Nations or female-founded ventures.
Radium Capital's R&D lending has passed $1 billion across 1,000-plus companies since 2017; case studies recall WeMoney's $12 million Series A and ElectraLith's $27.5 million Main Sequence-led round.
Also Startup Daily·Australian FinTech·SmartCompany·Fintech News Australia·Fintech News Australia
A co-investment grant of $453,230 makes Turbine Solutions the third recipient under Western Australia's wind energy manufacturing program, which AMGC administers to help local manufacturers enter the wind sector.
Also RenewEconomy
Equity Clear, an initiative of Scale Investors, Giant Leap and Alberts, wins Investment NSW sponsorship and UNSW academic partnership to build a national investor-diversity reporting standard, led by Noga Edelstein.
Bunbury manufacturer RCR Advanced Technologies has received a state government grant to pilot making wind turbine transition flanges locally, becoming the second company supported through the $8 million Wind Energy Manufacturing Co-Investment Program.
Also RenewEconomy
Western Australia's wind energy manufacturing co-investment scheme, administered by AMGC, has granted coil maker Australian Winders $488,204, its first award, to automate production, expand capacity and create 25 jobs.
Also RenewEconomy
ARENA commits $19.8 million to NeoSmelt, a low-carbon steelmaking venture backed by BHP, Rio Tinto, BlueScope, Woodside and Mitsui; the pilot project near Perth earlier secured $75 million from Western Australia.
Manufacturing roundup: two hydrogen aircraft developers register cryogenic hydrogen tanks, a new WA Chief Scientist begins, a battery recycler wins a state grant, and the steel lobby seeks US tariff relief.
RenewEconomy reports that hydrogen developer Infinite Green Energy has gone into administration amid a legal fight with a Queensland investor owed millions from a 2023 share deal.
Roundup of brief items: Memphasys hails fertility device trial results; a concrete recycler is fined; Wurrba, Hazer and University of Queensland land government grants; Aus J gains a North American distribution partner.
The federal government has awarded US shipbuilder HII's Australian subsidiary $9.6 million for a two-year pilot that will qualify local SMEs to supply submarine programs, delivered via H&B Defence, HII's venture with Babcock.
WA's government has awarded $34 million from its Investment Attraction Fund to three decarbonisation projects: a Pilbara Minerals–Calix lithium plant, POSCO and Port Hedland Iron's briquetted iron venture, and International Graphite's Collie expansion.
Battery recycler Livium has secured a three-year exclusive contract to process spent locomotive batteries for Wabtec in Western Australia, adding to an $850,000 state government grant awarded to its recycling arm last month.
Startup Daily reports on a Bankwest Curtin Economics Centre study of Western Australia's startup ecosystem, urging reforms to talent, diversity, capital and R&D funding so the state can catch up with its eastern neighbours.
Western Australia's government has awarded $736,157 to twelve startups across its Innovation Booster and Commercialisation Bridge grant programs, with recipients spanning cattle health tech, space monitoring and skincare.
The Western Australian government has announced a carbon capture funding plan benefiting Woodside's Burrup Hub, drawing criticism from analysts and campaigners who back home electrification over continued gas use.
Roundup: Artrya's $5m placement, Traffic Technologies' $2.8m entitlement offer, Rhythm's R&D tax refund, Hydramech's grant, Orthocell hires, a Standards Australia board election, and Aristocrat's agreed Plarium sale.
Five Western Australian mining-technology firms have received government grants totalling $1.25 million via MRIWA's METS Innovation Program, including a battery-cooling developer and an efficient conveyor builder.
Also Startup News (WA)
Manufacturing roundup: Noizend's grants and UTS work, PPK's planned Li-S share distribution, a Bathurst recycling trial, Aurecon's CETRI role, an ELA regulatory hire, BioPak's OzHarvest support, and ANSTO's reactor restart.
Australian shark-deterrent maker Ocean Guardian, behind the Shark Shield brand, has entered liquidation after receivership and two failed IPO attempts; Quartz Advisory's Olga Litosh was appointed administrator and no buyer emerged.
Briefs roundup: Forbidden Foods is acquiring oat milk maker Oat Milk Goodness alongside a $650,000 raise, Orbital Corporation wins a $1 million WA grant, and Sam Roberts becomes Professionals Australia's CEO.
Profile of Uluu, a Perth climate tech startup turning farmed seaweed into biodegradable PHA to replace plastics, recalling early backing from Alberts Impact Ventures and Main Sequence plus two grants.
Also Forbes Australia
Manufacturing roundup: Nova Systems wins a Norwegian contract, R.M. Williams opens a women's boot line, International Graphite secures government grants, three biotechs win NSW Biosciences Fund awards, and Lazo Paper is fined.
Also @AuManufacturing
WA's government has granted 26 early-stage companies amounts reaching $40,000 each through the Innovation Booster Grant, listing every recipient and project; the program now accepts applications year-round.
Also Startup News (WA)
Roundup of seven Australian startups whose raises total $11.8 million, spanning cybersecurity, proptech, seaweed, drinks, antiques, campervan housing and outdoor advertising, plus a government grant to Fremantle Seaweed and the shutdown of Voly.
Also Startup Daily·Startup Daily·Early VC·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Early VC
Weekly roundup covering nine Australian startups' new capital totalling $40.5 million, across solar, quantum computing, marketing tech and crowdfunding, plus a look back at Aconex's $1.6 billion Oracle sale.
Also SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Wholesale Investor
Feature on flow batteries using vanadium for around-the-clock renewable storage: Invinity's Port Pirie unit is commissioning, ARENA's 2020 backing is recalled, Australian Vanadium expects to supply electrolyte, and Horizon plans a WA trial.
Manufacturing briefs roundup: WA government commits $5m to space facility Fugro SpAARC; Starpharma and Micro-X receive R&D tax refunds; Bulla licenses Violet Crumble for ice cream; SCEE wins $50m in contracts.
Western Australia's government named nine health and medical start-ups, among them EarFlo, as recipients of seed funding totalling $4.3 million from its FHRI Fund Innovation Seed Fund.
Also Startup News (WA)
VetChip, a Fremantle startup whose implantable microchip remotely tracks livestock health, raised $2 million in 2021 and is courting investors via AgriFutures GrowAg for a commercial trial, having recently won a WA government grant.
Weekly agrifoodtech roundup: robotics and agtech companies across several countries raised funding, Grit Road Partners closed an $11 million fund, John Deere acquired Smart Apply, and new partnerships included BeeHero entering Australia.
Roundup of Australian manufacturing news: government grants for Wide Open Agriculture, FYI Resources and female founder programs, an XTEK armour order, Oventus Medical's wind-up, an Osteopore board appointment, and Monash's new venture program.
Also AgFunderNews