IP Group Archives

University biotech spinout Rage lands $29 million Series A

Simon Thomsen - November 13, 2025 2 MIN READ

Rage Biotech, a therapeutics startup tackling chronic inflammatory disease, has raised $29 million in a Series A. The round was led by IP Group Australia and super fund Hostplus, with support from existing investors including Monash Ventures. The funds will go towards first-in-human clinical trials for Rage’s nasal therapy to treat inflammatory lung diseases The… Read more »

Funding

University of Queensland copper production spin-out digs up $1.05 million Seed raise

Simon Thomsen - February 17, 2025 2 MIN READ

A startup hoping to chip away at China’s dominance in copper production with a new low-cost way of extracting it from low-grade resources has raised $1.05 million in a Seed round. Banksia Minerals Processing (BMP) was spun out of University of Queensland and has been backed by UniQuest, and IP Group, and grant funding from the… Read more »