Tag: grant dooley

Victoria invests $5m in local 3D printing firm

Posted on   |  by Justin Hendry
Breakthrough Victoria has invested $5 million in Conflux Technology, a Gelong-based startup 3D printing heat exchangers for the aerospace, defence and automotive industries. The investment, part of a wider...

Gig Guide: Inaugural Breakthrough Victoria CEO calls time

Posted on   |  by Brandon How
Breakthrough Victoria’s inaugural chief executive Grant Dooley has announced his intention to step down after three years in the role. The organisation, which manages the state government’s $2 billion...

Vic Budget cuts $360m from govt VC fund

Posted on   |  by Justin Hendry
The Victorian government will strip $360 million from its venture capital fund and extend the investment horizon from 10 to 15 years, as it seeks to make more “quality...

A $20m ray of light for energy startup RayGen

Posted on   |  by Max Rattray
Breakthrough Victoria has invested $20 million into local energy startup RayGen Resources to drive the state’s energy transition and boost local manufacturing in the renewables sector. RayGen uses an...

Government-led coinvestment funds move ahead

Posted on   |  by James Riley
Government-backed investment funds have emerged as a key component of increasingly interventionist industrial policy strategies across the developed world. The is certainly the case in Australia, with the $15...

Breakthrough Victoria rejects high-cost fund claims

Posted on   |  by Justin Hendry
The head of Breakthrough Victoria has rejected claims of excessively high operating costs at the state’s $2 billion investment fund, saying the expenses are almost identical to that of...

Vic govt backs local medtech pioneer with $2m investment

Posted on   |  by Justin Hendry
Breakthrough Victoria has invested $2 million in Cyban, a Melbourne-based medtech startup pioneering a way to monitor brain oxygen levels without invasive surgery. The investment through the state’s $2...

Grant Dooley appointed to lead Victoria’s $2b tech fund

Posted on   |  by Denham Sadler
Former ARA Infrastructure boss and ex-trade official Grant Dooley has been appointed to lead Victoria’s $2 billion fund, which will provide cash to local companies for R&D development and...