Breakthrough Victoria

Venture Capital · Development Finance Institutions
35investments
4exits
$204.5Mraised by its portfolio in 12 months
96open roles in its portfolio

Overview

Breakthrough Victoria is a state-backed investment company that provides patient capital for innovation and commercialisation in Victoria, Australia. It invests in startups, university spinouts and industry projects across health and life sciences, agrifood, clean economy, advanced manufacturing and digital technologies. It was launched in 2021 by the Victorian Government and operates from Melbourne as an independent company managing the Breakthrough Victoria Fund.

Investor profile

Venture capital
Investments
35
21 of them startups
Hiring now
5
96 open roles
Rounds in 12 months
2
$204.5M raised
Exits
4
Focusshare of its companies
Health Care 22%Energy & Utilities 17%Science & Engineering 17%Hardware 17%Manufacturing 13%Farming & Agriculture 9%Education 9%Software 9%
Where its companies are
Australia 20%United States 9%United Kingdom 3%
Stage of its companies
Series A 57%Series B 14%Pre-seed & seed 14%Series C and later 14%
Its companies, the freshest money firstAll 35 investments
Type One EnergyVenture round $200M · 1 mo ago · 34 roles Navi Medical TechnologiesVenture round $4.5M · 3 mo ago InfleqtionVenture round $49.3M · 22 mo ago · 53 roles JigSpaceVenture round $13M · 2 yr ago · led a round FlaimSeries A $4.4M · 3 yr ago SmileyscopeVenture round $10.7M · 4 yr ago MILLIBEAMSeed · 4 yr ago Cadmus5 roles Amber3 roles Quantum Brilliance1 role Diag Nose IO Medical Umps Colour RGB
96 open roles at 5 of its companies
Hiring fastestroles opened in 30 days
Infleqtion26 new roles in 30 days Type One Energy16 new roles in 30 days Amber3 new roles in 30 days
Co-investorscompanies they hold together
Investible 6 shared
Similar investorstheir companies share markets and countries
Investible Artesian Qbeat Ventures AirTree Ventures Equity Venture Partners Firgun Ventures Quantonation Sydney Angels
Sources: its portfolio page, read Nov 3; 2 rounds in the press that name it

Connections

List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Same group1
Innovation VictoriaStrong
innovationvictoria.com
Same legal entity runs both sitesSame legal entity named on both sites
seen Oct 29, 2026 · evidence: 2 Show evidence
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Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Melbourne Australia
HQ