FundedIQ

Grant Funded Startups in Australia

Among the 15 most recent Australian grant rounds shown (sorted by round date descending), the largest disclosed amount is Syrah Resources’ $220M grant on 2…

Among the 15 most recent Australian grant rounds shown (sorted by round date descending), the largest disclosed amount is Syrah Resources’ $220M grant on 2022-10-20, which dwarfs the next-largest disclosed rounds at $23M (Telix Pharmaceuticals on 2022-04-04) and $20M (1receipt® on 2022-09-05). This page also shows a tight temporal concentration: 5 of the 15 entries (Immutep $2M on 2022-09-06; 1receipt® $20K on 2022-09-05; Spacecubed $6M on 2022-07-22; PainChek $270K on 2022-07-05; Akin $100K on 2022-06-20) fall between 2022-06-20 and 2022-09-06. Sector-wise, biotechnology appears repeatedly (Immutep 2022-09-06 $2M; BioCina 2022-04-05 $2M; Telix Pharmaceuticals 2022-04-04 $23M), while one outlier crosses the “disclosed vs undisclosed” boundary: Seeing Machines (2022-05-12) is listed as grant funding with an undisclosed amount.

Most recent rounds

15 shown

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Frequently asked

What’s the largest disclosed grant in this Australian list, and how extreme is it versus the rest of the disclosed rounds?

Syrah Resources’ $220M grant on 2022-10-20 is the only disclosed round above $50M in the rows shown, and it is far above the next-largest disclosed amounts of $23M (Telix Pharmaceuticals, 2022-04-04) and $20M (1receipt®, 2022-09-05).

Do the grant rounds cluster in a narrow window of dates, or are they spread out?

They cluster in mid-to-late 2022: 5 entries fall between 2022-06-20 and 2022-09-06, including Akin (2022-06-20 $100K), PainChek (2022-07-05 $270K), Spacecubed (2022-07-22 $6M), 1receipt® (2022-09-05 $20K), and Immutep (2022-09-06 $2M). The oldest row shown is Convergence.Tech on 2021-07-13 with $2M.

Which sectors appear often enough to suggest a pattern, and which are isolated?

Biotechnology shows up in 3 of the 15 entries: Immutep (2022-09-06 $2M), BioCina (2022-04-05 $2M), and Telix Pharmaceuticals (2022-04-04 $23M). Several other sectors appear once in the shown set (e.g., Artificial Intelligence with Akin on 2022-06-20 $100K; Hardware with Seeing Machines on 2022-05-12 undisclosed).

Are there geography patterns across cities, or does funding appear spread out?

The list spans multiple cities, but New South Wales is repeatedly represented: Sydney (Immutep 2022-09-06 $2M; PainChek 2022-07-05 $270K; Akin 2022-06-20 $100K; Xylo Systems 2021-12-01 $100K; Koverd 2021-10-05 $100K) and Bondi (Xylo Systems 2021-12-01 $100K). Victoria also recurs (Syrah Resources 2022-10-20 $220M; 1receipt® 2022-09-05 $20K; Telix Pharmaceuticals 2022-04-04 $23M; ClimateWorks Australia 2021-11-29 $40K; Convergence.Tech 2021-07-13 $2M).

Any outliers worth flagging beyond the size outlier?

Seeing Machines (2022-05-12, Hardware) is a disclosure outlier because the amount is listed as undisclosed, so it can’t be compared directly to the disclosed range alongside PainChek ($270K on 2022-07-05) or Koverd ($100K on 2021-10-05). Separately, Syrah Resources’ $220M on 2022-10-20 is the dominant size outlier relative to all other disclosed rounds in the table.

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