Breakthrough Victoria: Seeking interest from innovative startups

Opportunity for

Early to late-stage agri-food startups with innovative technologies seeking investment from a VC funding agency.

Opportunity description

Industry challenge

Victoria’s reputation for clean, safe produce helps us to develop, scale and source the next generation of agriculture. There are challenges, with research and development in need of a stronger commercial focus and for industry and research institutes to work more closely together.

Breakthrough Victoria (BV) is investing in the sector to retain local IP and build partnerships to boost commercialisation rates of agri-food R&D.

BV invests across the development lifecycle, accelerating early-stage ideas or helping established companies scale up their breakthrough ideas to meet global demand. We are flexible in how we invest and attract capital through partnerships and co-investments.

BV’s mandate is to invest for impact, seeking to achieve social, environmental and economic benefits over the long-term rather than pursuing quick returns.

Current opportunity

Breakthrough Victoria (BV) is actively seeking to connect with early to late-stage startups that are seeking venture capital investment funding.

BV is looking to assess not only the innovation potential and the Victoria-centric advantages of each opportunity, but also deal structures, commercial viability, and overall portfolio dynamics.

BV collaborates with groups like LaunchVic and AgVic to support our portfolio companies as they grow and scale.

To express interest or connect with BV go to "Enquire now".*

Opportunity background

BV was launched in 2021 to be a private investment company for Victoria, providing patient capital and investment that impacts the State’s economy and wellbeing.

We provide long-term capital to innovation businesses that will improve people’s lives and benefit Victoria’s economy and bring together commercial and government partners to build on Victoria’s track record for innovation.

BV aims to be a catalyst for ideas and investment in Victoria by encouraging additional private capital to invest alongside us to commercialise local innovation.

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