# Australian Government: portfolio, investments and team

> Australian Government is a government. 45 investments on record, 14 in the last 12 months, latest Jul 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/australian-government (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# Australian Government

Last cheque observed Jul 2026; 45 cheques on record.

Deploying now Government

Grant Series A Venture Health Care Biotechnology

Deploying now

**82%** of best year **14** **cheques in 12 months**, 45 on record

Since the last cheque **90** days **00** hrs **00** min **00** sec

Median round **$3.0M** Rounds led **0 of 45** Sole investor **31 rounds** Mostly in **Australia, 92%**

Pitch Australian Government

## Australian Government highlights

- 01 14 cheques in the last 12 months
- 02 Mostly Grant and Series A: 76% of its rounds
- 03 Sole investor in 31 rounds, median $3.2M

## What they do

- **Type:** Government (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Health Care Biotechnology
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **45 appearances**

- **2026** 9 rounds
- **Jul** **[Navi Medical Technologies](https://millionrounds.com/company/navi-medical-technologies)** Venture · AU · Startup Daily **$6.8M** With 5 others
- **Jul** **[MAKO](https://millionrounds.com/company/mako)** Series A · AU · Virescent Ventures **$19M** With 8 others
- **May** **[Australian Digital Health Agency](https://millionrounds.com/company/australian-digital-health-agency)** Grant · AU **$14M** Sole investor
- **May** **[Algenie](https://millionrounds.com/company/algenie)** Grant · AU **$987K** Sole investor
- **May** **[EMVision Medical](https://millionrounds.com/company/emvision-medical)** Grant · AU **$286K** Sole investor
- **Apr** **[Telix Pharmaceuticals](https://millionrounds.com/company/telix-pharmaceuticals)** Debt · AU **$600M** Sole investor
- **Mar** **[Silicon Quantum Computing](https://millionrounds.com/company/silicon-quantum-computing)** AU · Startup Daily **$14M** With 1 other
- **Mar** **[1receipt®](https://millionrounds.com/company/1receipt)** Debt · AU **$53K** Sole investor
- **Mar** **[HydGene Renewables](https://millionrounds.com/company/hydgene-renewables)** Grant · AU **$1.4M** With 1 other
- **2025** 12 rounds
- **Dec** **[Ferronova](https://millionrounds.com/company/ferronova)** Series A · AU · Startup Daily **$6.0M** With 8 others
- **Nov** **[Ruminant BioTech](https://millionrounds.com/company/ruminant-biotech)** Series A · NZ **$9.5M** Sole investor
- **Nov** **[Laronix](https://millionrounds.com/company/laronix)** Grant · AU **$2.1M** Sole investor
- **Nov** **[East Forged](https://millionrounds.com/company/east-forged)** Grant · AU **$225K** Sole investor
- **Nov** **[Eclipse Ingredients](https://millionrounds.com/company/eclipse-ingredients)** Grant · AU **$1.2M** Sole investor
- **Aug** **[Zetifi](https://millionrounds.com/company/zetifi)** Grant · AU **$3.3M** With 1 other
- **Aug** **[iQRenew](https://millionrounds.com/company/iqrenew)** Grant · AU **$6.0M** Sole investor
- **Aug** **[Carbon280](https://millionrounds.com/company/carbon280)** Seed · AU **$6.9M** Sole investor
- **Jul** **[EMVision Medical](https://millionrounds.com/company/emvision-medical)** Grant · AU **$3.2M** Sole investor
- **Jun** **[Geoneon](https://millionrounds.com/company/geoneon)** Venture · AU **Undisclosed** With 2 others
- **Feb** **[Cobalt Blue Holdings](https://millionrounds.com/company/cobalt-blue-holdings)** Debt · AU **$700K** Sole investor
- **Jan** **[CI-ISAC Australia](https://millionrounds.com/company/ci-isac-australia)** Grant · AU **$4.0M** Sole investor
- **2024** 6 rounds
- **Aug** **[Inform Ag](https://millionrounds.com/company/inform-ag)** AU **$1.4M** Sole investor
- **Jul** **[Telix Pharmaceuticals](https://millionrounds.com/company/telix-pharmaceuticals)** Debt · AU **$430M** Sole investor
- **Jun** **[Vaulta](https://millionrounds.com/company/vaulta)** Seed · AU **$646K** With 3 others
- **May** **[LatConnect 60](https://millionrounds.com/company/latconnect-60)** Grant · AU **$3.8M** Sole investor
- **Apr** **[Skykraft](https://millionrounds.com/company/skykraft)** Grant · AU **$2.4M** With 1 other
- **Apr** **[Space Machines Company](https://millionrounds.com/company/space-machines-company)** Grant · AU **$5.5M** Sole investor
- **2023** 7 rounds
- **Aug** **[Navi Medical Technologies](https://millionrounds.com/company/navi-medical-technologies)** Venture · AU **$2.4M** With 1 other
- **Aug** **[MicroTau](https://millionrounds.com/company/microtau)** Grant **$2.0M** With 1 other
- **Jul** **[Silicon Quantum Computing](https://millionrounds.com/company/silicon-quantum-computing)** Series A · AU **$50M** Sole investor
- **Jul** **[Nourish Ingredients](https://millionrounds.com/company/nourish-ingredients)** Grant · AU **$3.9M** With 3 others
- **May** **[Sydney North Health Network](https://millionrounds.com/company/sydney-north-health-network)** Grant · AU **$716K** Sole investor
- **May** **[VinES](https://millionrounds.com/company/vines)** Grant **$500K** Sole investor
- **Mar** **[Agora Livestock](https://millionrounds.com/company/agora-livestock)** Grant · AU **$369K** Sole investor
- **2022** 5 rounds
- **Jul** **[Developing East Arnhem](https://millionrounds.com/company/developing-east-arnhem)** Grant · AU **$8.0M** Sole investor
- **Jun** **[Akin](https://millionrounds.com/company/akin)** Grant · AU **$100K** With 3 others
- **May** **[SoftIron](https://millionrounds.com/company/softiron)** Grant · GB **$1.1M** Sole investor
- **Mar** **[Avicena Systems](https://millionrounds.com/company/avicena-systems)** Venture · AU **$44M** Sole investor
- **Mar** **[TURBINE Sunshine Coast](https://millionrounds.com/company/turbine-sunshine-coast)** Grant · AU **$25M** Sole investor
- **2021** 5 rounds
- **Nov** **[eleXsys Energy](https://millionrounds.com/company/elexsys-energy)** Growth · GB **$2.7M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Grant Series A Venture

Median round joined **$3.0M** the round, not its cheque Alone, median **$3.2M**

Led 0 of 45 rounds **0%**

- **Sole investor:** 31 rounds
- **Last cheque:** Jul 2026

Rounds by stage said on their site

- Grant *28*
- Series A *4*
- Venture *4*
- Debt *4*
- Seed *2*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Artesian VC](https://millionrounds.com/fund/artesian) 5
- [Clean Energy Finance Corporation](https://millionrounds.com/fund/clean-energy-finance-corporation) 3
- [Brisbane Angels](https://millionrounds.com/fund/brisbane-angels) 2
- [Main Sequence Ventures](https://millionrounds.com/fund/main-sequence) 2

**Pitching Australian Government?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Australian Government. A count of rooms they were both in, not a relationship either has claimed.

[**Artesian VC** Asset manager **5** rounds together](https://millionrounds.com/fund/artesian)[**Clean Energy Finance Corporation** VC firm **3** rounds together](https://millionrounds.com/fund/clean-energy-finance-corporation)[**Brisbane Angels** VC firm **2** rounds together](https://millionrounds.com/fund/brisbane-angels)[**Main Sequence Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/main-sequence)

## Recently backed

The latest companies Australian Government put money into.

[**Navi Medical Technologies** $6.8M · Jul 2026](https://millionrounds.com/company/navi-medical-technologies)[**Australian Digital Health Agency** $14M · May 2026](https://millionrounds.com/company/australian-digital-health-agency)[**Algenie** $987K · May 2026](https://millionrounds.com/company/algenie)[**EMVision Medical** $286K · May 2026](https://millionrounds.com/company/emvision-medical)[**Telix Pharmaceuticals** $600M · Apr 2026](https://millionrounds.com/company/telix-pharmaceuticals)[**Silicon Quantum Computing** $14M · Mar 2026](https://millionrounds.com/company/silicon-quantum-computing)

## Quick answers about Australian Government

### What does Australian Government invest in?

Australian Government invests most often at Grant and Series A (76% of the rounds on record), in sectors such as Health Care and Biotechnology.

### How active is Australian Government?

45 investments on record, 14 of them in the last 12 months. The most recent was in Jul 2026.

### What has Australian Government invested in recently?

Its most recent investments on record: Navi Medical Technologies (Venture, Jul 2026), MAKO (Series A, Jul 2026) and Australian Digital Health Agency (Grant, May 2026).

### How big are Australian Government's cheques?

The median round it joins is $3.0M.

### Does Australian Government lead rounds?

Rarely, if at all: none of its 45 investments on record names it as the lead.

### Where does Australian Government invest?

Most of the companies it backs are in Australia (92%) and the United Kingdom (5%).

### Is Australian Government investing now?

Yes: it is actively investing, with 14 investments in the last 12 months.

### Who does Australian Government invest alongside?

Most often Artesian VC (5 rounds together), Clean Energy Finance Corporation (3 rounds together) and Brisbane Angels (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=australian-government) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=australian-government)