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Breakthrough Victoria

Oceania, Victoria, Australia, Melbourne

Description

The Breakthrough Victoria Fund is a $2 billion investment by the Victorian Government to drive investment in research and innovation.

Investor Profile

Breakthrough Victoria has made 22 investments, with 13 in the past 12 months and 41% as lead.

Stage Focus

  • Seed (32%)
  • Series A (27%)
  • Series Unknown (18%)
  • Series B (14%)
  • Series C (5%)
  • Series D (5%)

Country Focus

  • Australia (95%)
  • United States (5%)

Industry Focus

  • Software
  • Manufacturing
  • Health Care
  • Quantum Computing
  • Renewable Energy
  • Cloud Computing
  • Biotechnology
  • Hardware
  • Medical
  • Medical Device
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Breakthrough Victoria frequently co-invest with?

Investible
Oceania, New South Wales, Australia, Sydney
Co-Investments: 5
Possible Ventures
Europe, Bayern, Germany, Munich
Co-Investments: 2
Rampersand
Oceania, Victoria, Australia, Melbourne
Co-Investments: 2
RV
Oceania, Victoria, Australia, Collingwood
Co-Investments: 2
Jelix Ventures
Oceania, New South Wales, Australia, Sydney
Co-Investments: 2
In-Q-Tel
North America, Virginia, United States, Arlington
Co-Investments: 3
Acorn Capital
Oceania, Victoria, Australia, Melbourne
Co-Investments: 2
InterValley Ventures Pty Ltd
Oceania, Victoria, Australia, Melbourne
Co-Investments: 2
Main Sequence Ventures
Oceania, New South Wales, Australia, Sydney
Co-Investments: 7

Which angels does Breakthrough Victoria often collaborate with?

Paul Piticco
Oceania, Queensland, Australia, Brisbane
Shared Deals: 1
Dylan Alcott
Oceania, Victoria, Australia, Melbourne
Shared Deals: 1
CG
North America, Illinois, United States, Chicago
Shared Deals: 1

What are some of recent deals done by Breakthrough Victoria?

EntroMat

Melbourne, Victoria, Australia

EntroMat is transforming the metal powder market by creating high-entropy material powders.

Manufacturing
SeedMar 27, 2025
Amount Raised: $1,000,000
Diag-Nose.io

Melbourne, Victoria, Australia

Diag-Nose.io is on a mission to eliminate respiratory disease by decoding the airway’s molecular pathways.

BiotechnologyHealth CareHealth DiagnosticsMedical
SeedJan 30, 2025
Amount Raised: $1,963,001
ElectraLith

Melbourne, Victoria, Australia

ElectraLith develops direct lithium extraction and refining technology designed for efficient and sustainable lithium production.

ManufacturingRenewable EnergySemiconductor
Series AJan 16, 2025
Amount Raised: $17,073,534
Quantum Brilliance

Canberra, Australian Capital Territory, Australia

Quantum Brilliance develops quantum computers that operate at room temperature using synthetic diamonds.

Cloud ComputingHardwareQuantum ComputingSoftware
Series AJan 15, 2025
Amount Raised: $20,000,000
Quantum Brilliance

Canberra, Australian Capital Territory, Australia

Quantum Brilliance develops quantum computers that operate at room temperature using synthetic diamonds.

Cloud ComputingHardwareQuantum ComputingSoftware
Series ADec 10, 2024
Amount Raised: $30,000,000
Umps Health

Carlton, Victoria, Australia

Umps is leading a global shift to data-driven care.

Health CareMedical Device
Series ADec 6, 2024
Amount Raised: $4,000,000
Conflux Technology

Waurn Ponds, Victoria, Australia

Conflux Technology is a new generation of heat exchangers made by metal additive manufacturing (3D printing).

Manufacturing
Series BOct 21, 2024
Amount Raised: $11,000,000
Viridian Renewable Technology

Derrimut, Victoria, Australia

Viridian is an Australian technology business dedicated to addressing sustainability, food, and feed issues.

AgTechFood and BeverageFood Processing
Series UnknownOct 17, 2024
Amount Raised: $1,674,935
Number 8 bio

Sydney, New South Wales, Australia

Number 8 bio objective is to decarbonize agriculture while feeding the world's rising population.

AgricultureAgTechBiotechnologyFarmingLife Science
SeedSep 10, 2024
Amount Raised: $4,657,268
JigSpace

Melbourne, Victoria, Australia

JigSpace enables anyone to create and share 3D and augmented reality presentations.

3D TechnologyDigital MarketingEdTechIndustrial EngineeringMarketingMechanical EngineeringSoftware
Series UnknownJul 12, 2024
Amount Raised: $13,000,000