Investible CEO Rod Bristow
Funding

3 Monash University health tech startups score $2.25 million in pre-Seed backing, supported by Breakthrough Victoria

- August 1, 2025 2 MIN READ

Breakthrough Victoria and Monash University have co-invested $2.25 million in three health tech startups, Myostellar, Fyton Bio, and Remagine Labs. The trio of Monash spinouts have potential to improve wellbeing for millions as well as reducing pressure on Victoria’s health system. Myostellar is pioneering a first-in-class biologic therapy to treat Duchenne Muscular Dystrophy by stimulating… Read more »

Brian Schmidt
Business

Why Nobel laureate Brian Schmidt is worried about Australia’s lack of investment in R&D – and what it means for startups

- May 29, 2025 3 MIN READ

On Wednesday, Nobel laureate Brian Schmidt and economics professor Richard Holden gave a joint address to the National Press Club in Canberra. Their key message? Australia isn’t spending enough money on university research. Schmidt wants to ensure Australia can undertake research vital to our national interests. “I look around and I am scared,” Schmidt said.… Read more »

Climate Tech

3 things Australian universities need from the Albanese government to commercialise research and help startups succeed

- May 9, 2025 5 MIN READ

The recent call for submissions into the Strategic Examination of Australia’s R&D system has revealed ideas and frustrations that have long been articulated on numerous discussion panels. However, through this recent consultation, it has felt like more practical solutions have surfaced across the ecosystem, and many of the ideas align.  So if we could request… Read more »

Business strategy

Why universities need to focus on an entrepreneurial mindset, not just new ideas

- September 24, 2024 3 MIN READ

As universities consider their future in the 21st century, many are embracing the concept of “innovation” in their strategic plans. According to Harvard Business School, innovation is “a product, service, business model or strategy that’s both novel and useful”. By focusing on innovation, universities are attempting to position themselves as drivers of progress – as… Read more »

The NextGen Ventures Melbourne team: Varad Chaudhari, Ikya Thearam, Mitchell Hughes and Donald La. Photo: Valent Media.
Venture Capital

Students are getting into VC with NextGen Ventures to back uni-founded startups

- April 2, 2024 3 MIN READ

Australian universities are creating extraordinary startups founded by students that are changing the world. Think tech giant Atlassian – cofounders Mike and Scott met at UNSW – to more recent successes such as gaming platform Immutable, diagnosis medtech Harrison.ai, and drone deep tech venture Propeller Aero. Now students are taking charge of the investment side… Read more »

R&D, science, man looking in microscope
Funding

Breakthrough Victoria pours $43 million into five universities to help turn research into startups

- September 19, 2023 2 MIN READ

The Victorian government’s $2 billion investment fund, Breakthrough Victoria has backed five Victorian universities to help them bring research to market in a deal worth $87 million.  Deakin, La Trobe, Monash and Swinburne universities have contributed $9 million funding matched by Breakthrough Victoria, with RMIT matching the $7.5 million it has received. Each partnership will… Read more »

Other tech

The federal government is spending $1.6 billion over 10 years to take university research across the ‘valley of death’ to commercialisation

- April 5, 2022 4 MIN READ

The federal government is investing $2.2 billion for university research commercialisation which would place “university innovation and industry collaboration front and centre of Australia’s economic recovery.” Part of this funding includes $1.6 billion over ten years for Australia’s Economic Accelerator – a new competitive funding program to help university projects bridge the so-called “valley of… Read more »

Startup Daily TV

Startup Daily TV: Murray Hurps and David Burt on the role universities play in creating a vibrant ecosystem

- March 28, 2022 < 1 MIN READ

Last week Labor leader Anthony Albanese announced a goal of 1.2 million tech jobs in Australia by 2030 as part of its policies going into the May federal election. The Opposition has embraced the Tech Council of Australia and its goal of 1 million jobs by 2025, adding another 200,000 over the following five years.… Read more »

Other tech

UTS puts entrepreneurs on show with new CBD shopfront

- December 16, 2021 2 MIN READ

UTS Director of Entrepreneurship Murray Hurps is shining more light on startup founders with the university’s startups program moving into new street front digs on one of the city’s busiest streets. UTS Startups Central is just a block from the new Tech Central at Sydney’s central train station. The glass shopfront was previously the Co-op… Read more »