Breakthrough Victoria

RMIT University and Breakthrough Victoria are investing $15 million over the next five years into technological and social impact initiatives.   A key milestone this week is the establishment of an Investment Committee to oversee the pre-seed fund, aimed at nurturing groundbreaking research.   RMIT’s Deputy Vice-Chancellor Research and Innovation, Distinguished Professor Calum Drummond AO, emphasised the goal of translating RMIT’s #technologies and social innovations into real-world applications, fostering significant #impact through effective collaboration with #industry partners.   Read more here: https://lnkd.in/gNdrES6z Image description: L-R: Dr. Peter Binks; RMIT Distinguished Professor Magdalena Plebanski; Andrew Wilkie, Senior Director, Private Equity - Growth Capital, Breakthrough Victoria; Leon Sandler, former Executive Director of the MIT Deshpande Center; Olga Hogan, Executive Director Pre-Seed, Breakthrough Victoria and Distinguished Professor Calum Drummond (AO), RMIT Deputy Vice-Chancellor Research and Innovation and Chair

“There is no reason why we can’t build world leading companies in Victoria, or in Australia”  In the final part of our interview with Zac Duff from JigSpace, he explains why JigSpace is proudly headquartered in Victoria, his experience dealing with BV during the raise, and the unique remit that BV has to deliver long term capital. #impact #innovation #JigSpace #Breakthrough #VR #VisionPro

It's been hard to miss the impact from JigSpace's investment announcement this week, with coverage featured in Capital Brief, Forbes and The Australian. Anchoring this world class technology in Victoria was important to JigSpace, and BV. Scroll through to read more about what the industry has to say... Grant Dooley from Breakthrough Victoria, Greg Castle from Anorak Ventures, Eric Tran from Aura Ventures, Tim Cook from Apple

From championing accelerator programs, to going viral in reddit forums, Zac Duff chats to BV about discovering the real ‘validation’ that came with people interacting with JigSpace during its development and launch. Watch Part 2 of our 3-part series now 👇

“It hit me like a freight train, that we exist in 3 Dimensions, all of our experiences are in 3 dimensions, but the information and knowledge we share is in 2 Dimensions” Zac Duff, JigSpace Our 3-part Founder Interview series with JigSpace covers the evolution of the company from concept, development and through to global deployment. 🔻 Watch Part 1 below 🔻

Much like Canva transformed 2D design, JigSpace is poised to democratise 3D visualisation, making 'the hard to explain, hard to forget'. Read more about BV's investment and impact for Victoria below 👇 https://lnkd.in/gJP_k_jU #AR #impact #invest #Breakthrough #JigSpace

⬛ INVESTMENT ANNOUNCEMENT ⬛ Breakthrough Victoria is investing AUD$4.4 million in JigSpace, a cutting-edge augmented reality (AR) company founded and developed by a talented team based in Victoria. We're thrilled to be leading the $13 million round, joined by Aura Ventures and Anorak Ventures, with follow-on from existing investors including Rampersand, Investible, Vulpes Ventures and angel investor Hugh Bickerstaff. https://lnkd.in/gFAccN9v #jigspace #AR #breakthrough #investment

It’s been a big 12 months for Breakthrough Victoria, with 16 new companies (one still to be announced) supported by the BV Fund in the last financial year alone. Want to learn more about our investments and just how we're turning innovative ideas into commercial realities? Read on below 👇 https://lnkd.in/gEPSmhh7 . . . #impact #innovation #breakthrough

Did you know Victoria is Australia’s largest food exporter and second largest producer of food and fibre products by value? "Investment in agri-food technologies has the potential to help farmers and food producers in Victoria and around the world adapt to a changing climate and produce enough nutritious food to feed a growing population" writes Dr Madeline Mitchell, Director of Agri-Food at Breakthrough Victoria. Learn more about the importance of Agri-Food in optimising human health and environmental sustainability in Madeline's thought piece below 👇 https://lnkd.in/ghq7Cywv #agrifood #innovation #impact #breakthroughvictoria

“The mismatch between when most renewables are available and when most people use energy is the biggest obstacle to Australia reaching 100% renewable energy…This requires a once in a generation transformation of our energy system” Amber Electric Why is Amber Electric a gamechanger for the energy industry? ✔️ Consumer flexibility over energy usage ✔️ Access to wholesale pricing through fixed monthly fee ✔️ Accelerates the uptake of renewable energy sources ✔️ Opportunity to sell back to the grid Find out more about our February 2024 investment into Amber below:  https://lnkd.in/gaX9TYqn #impact #renewables #energy #amberelectric #breakthroughvictoria