# Top 13 Biotech Startups in Melbourne by Funding (2026)

> The 13 best-funded biotech startups in Melbourne, ranked by total funding raised: $1.2B combined. With founding year, headquarters and each company's rounds.

Source: https://millionrounds.com/top-lists/biotech-startups-melbourne (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Telix Pharmaceuticals** Telix Pharmaceuticalsis a clinical-stage biotechnology company focused on the development of diagnostic and therapeutic products.](https://millionrounds.com/company/telix-pharmaceuticals) Telix Pharmaceuticalsis a clinical-stage biotechnology company focused on the development of diagnostic and therapeutic products. *Founded* - Melbourne, Australia **$1.0B** last round Apr 2026
- 2 [**PolyActiva** PolyActiva is a Melbourne-based biotechnology company founded in 2010, specializing in innovative drug delivery technology for ophthalmic conditions.](https://millionrounds.com/company/polyactiva) PolyActiva is a Melbourne-based biotechnology company founded in 2010, specializing in innovative drug delivery technology for ophthalmic conditions. *Founded* 2010 Melbourne, Australia **$35M** last round May 2025
- 3 [**Rage Biotech** RAGE Biotech is a biotechnology industry.](https://millionrounds.com/company/rage-biotech) RAGE Biotech is a biotechnology industry. *Founded* 2020 Melbourne, Australia **$29M** last round Nov 2025
- 4 [**ENA Respiratory** Ena Respiratory researches and develops solutions to transform the treatment and prevention of respiratory infections.](https://millionrounds.com/company/ena-respiratory) Ena Respiratory researches and develops solutions to transform the treatment and prevention of respiratory infections. *Founded* 2014 Melbourne, Australia **$24M** last round Sept 2026
- 5 [**Aravax** Aravax is a clinical-stage biotechnology company focused on developing innovative immunotherapies for food allergies.](https://millionrounds.com/company/aravax) Aravax is a clinical-stage biotechnology company focused on developing innovative immunotherapies for food allergies. *Founded* 2015 Melbourne, Australia **$22M** last round Jan 2024
- 6 [**Kinoxis Therapeutics** Kinoxis Therapeutics is a biotechnology company that develops a range of novel therapeutic compounds.](https://millionrounds.com/company/kinoxis-therapeutics) Kinoxis Therapeutics is a biotechnology company that develops a range of novel therapeutic compounds. *Founded* 2017 Melbourne, Australia **$14M** last round Sept 2026
- 7 [**Elita** Elita is a pet health and longevity company based in Melbourne, Australia.](https://millionrounds.com/company/elita) Elita is a pet health and longevity company based in Melbourne, Australia. *Founded* 2023 Melbourne, Australia **$3.2M** last round Sept 2026
- 8 [**Mirugen** Mirugen is a preclinical biotechnology company identifying the optimal set of cellular instructions to ask one cell type to become another.](https://millionrounds.com/company/mirugen) Mirugen is a preclinical biotechnology company identifying the optimal set of cellular instructions to ask one cell type to become another. *Founded* - Melbourne, Australia **$2.9M** last round Aug 2025
- 9 [**AlleSense** AlleSense is a Developer of imaging technology designed to enhance optical imaging.](https://millionrounds.com/company/allesense) AlleSense is a Developer of imaging technology designed to enhance optical imaging. *Founded* - Melbourne, Australia **$1.8M** last round May 2026
- 10 [**Resseptor Therapeutics** Covalent-binding TCRs for autoimmune & oncology](https://millionrounds.com/company/resseptor-therapeutics) Covalent-binding TCRs for autoimmune & oncology *Founded* 2023 Melbourne, Australia **$1.5M** last round May 2023
- 11 [**Incisive Technologies** Incisive Technologies is a medical device company that develops dental detection tools for the oral health sector.](https://millionrounds.com/company/incisive-technologies) Incisive Technologies is a medical device company that develops dental detection tools for the oral health sector. *Founded* - Melbourne, Australia **$1.4M** last round Jul 2025
- 12 [**Rhythm Biosciences** Rhythm Biosciences is a meditech company that commercializes medical diagnostics technology.](https://millionrounds.com/company/rhythm-biosciences) Rhythm Biosciences is a meditech company that commercializes medical diagnostics technology. *Founded* 2017 Melbourne, Australia **$658K** last round Jun 2025
- 13 [**Neo-Bionica** Neo-Bionica is a Melbourne-based medical technology manufacturer focused on active implantable neurotechnologies and bioelectronic devices.](https://millionrounds.com/company/neo-bionica) Neo-Bionica is a Melbourne-based medical technology manufacturer focused on active implantable neurotechnologies and bioelectronic devices. *Founded* 2021 Melbourne, Australia **$161K** last round Jul 2025

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back biotech startups in Melbourne in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[All top lists](https://millionrounds.com/top-lists)

## More biotech lists

[See all](https://millionrounds.com/top-lists?t=Biotech)

[*IL* *NH* *CS* **Biotech startups in Europe** 1,665 companies · $22B](https://millionrounds.com/top-lists/biotech-startups-europe)[*GV* *IL* *RM* **Biotech startups that raised in 2026** 896 companies · $37B in 2026](https://millionrounds.com/top-lists/biotech-startups-raised-2026)[*IL* *CS* *ON* **Biotech startups in the United Kingdom** 588 companies · $15B](https://millionrounds.com/top-lists/biotech-startups-united-kingdom)[*GV* *RM* *M* **Biotech startups in the United States that raised in 2026** 498 companies · $32B in 2026](https://millionrounds.com/top-lists/biotech-startups-united-states-raised-2026)[*NH* *DT* *E* **Biotech startups founded in 2018** 368 companies · $14B](https://millionrounds.com/top-lists/biotech-startups-founded-2018)[*NR* *LL* *ST* **Biotech startups founded in 2020** 337 companies · $7.0B](https://millionrounds.com/top-lists/biotech-startups-founded-2020)[*E* *ET* *NA* **Biotech startups founded in 2019** 336 companies · $11B](https://millionrounds.com/top-lists/biotech-startups-founded-2019)[*IL* *RB* *VS* **Biotech startups founded in 2021** 275 companies · $12B](https://millionrounds.com/top-lists/biotech-startups-founded-2021)

## More lists for Melbourne

[See all](https://millionrounds.com/top-lists?r=Melbourne)

[*AE* *TP* *H* **Startups in Melbourne** 238 companies · $4.1B](https://millionrounds.com/top-lists/startups-melbourne)[*H* *A* *E* **AI startups in Melbourne** 28 companies · $389M](https://millionrounds.com/top-lists/ai-startups-melbourne)[*E* *A* *S* **Healthcare startups in Melbourne** 15 companies · $136M](https://millionrounds.com/top-lists/healthcare-startups-melbourne)[*AE* *AE* *R* **Energy startups in Melbourne** 15 companies · $1.7B](https://millionrounds.com/top-lists/energy-startups-melbourne)[*M* *H* *W* **IT Services startups in Melbourne** 15 companies · $62M](https://millionrounds.com/top-lists/it-services-startups-melbourne)[*JB* *AG* *HC* **Financial Services startups in Melbourne** 14 companies · $211M](https://millionrounds.com/top-lists/financial-services-startups-melbourne)[*A* *TG* *A* **Fintech startups in Melbourne** 10 companies · $318M](https://millionrounds.com/top-lists/fintech-startups-melbourne)