


Breakthrough Victoria is responsible for:
The amount of investment capital BV has leveraged
The total amount of committed capital
2024 – 2025 Achievements
We’re proud of the foundation that has been built and the early momentum demonstrated – and energised by the opportunity ahead to realise the value for Victoria of this bold initiative.
new investment commitments in 24-25

BV attracts 7.7 co-investors per investment:
We’ve partnered with universities to bring Victorian research to market
BV UIP aims to bridge the gap between academic research and market-ready innovations by establishing ‘matched funding’ partnerships with Victorian universities. Each partnership will invest in start-up companies spun out of research from the university, with typical pre-seed investments of around $500,000 each.
total value of 7 created Pre-Seed partnerships
Our fellowship enables graduates to turn research into real-world impact
The Breakthrough Victoria Fellowship is a bold new initiative designed to build talent and strengthen Victoria’s long-term capacity for commercial translation, offering paid entrepreneurial experience as a meaningful alternative to traditional academic or corporate career pathways for graduates and postgraduates.

Michelle Chen
Mental Jam
Michelle is developing a video gaming platform that applies art therapy principles to help treat depression, support mental wellbeing, and enable creative self-expression.
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Noor E Karishma Shaik
DeepDerm
Noor is creating an AI-driven imaging technique that combines spectroscopy to improve the accuracy and early detection of skin cancer, affecting two in three Australians.
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Mohammad Haft Tananian
InnovaIVF
Mohammad is developing innovative technology to make reproductive medicine more accessible as IVF success rates stagnate and costs exceed $10,000 per cycle.
Read moreBreakthrough Victoria is transforming the Victorian economy by investing in and supporting successful IP and research commercialisation










