Monash University has officially launched its pre-seed fund, with an announcement of co-investments totalling $2.25 million made in spinout companies Myostellar, FytonBio, and Remagine Labs. The funding for the three companies is through the $15 million Monash Ventures Pre-Seed Fund, a participant in the Breakthrough Victoria’s $100 million University Innovation Platform (BVUIP.) Breakthrough Victoria describes…
Breakthrough Victoria and Swinburne University of Technology are each investing $500,000 in EntroMat, a company specialising in High Entropy Materials (HEMs.) HEMs are made by combining five or more main elements and possess “unique chemical and microstructural complexity” and can have useful properties such as high strength and hardness, corrosion and wear resistance, and thermal…
State government-backed venture fund Breakthrough Victoria has announced Rod Bristow (pictured) as its new Chief Executive Officer, replacing inaugural CEO Grant Dooley. In a statement on Monday, BV said Bristow came with over 30 years’ experience in the “stockbroking, asset management, wealth management, agribusiness and not-for-profit sectors”, and was most recently CEO of Sydney and…