Breakthrough investment for technology to support aviation electrification

Victorian startup Kite Magnetics is getting a major boost, with an investment announcement from the $2 billion Breakthrough Victoria fund.

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Kiwi games studio launches new HQ in Melbourne

New-Zealand-based games company A44, renowned for its sophisticated visual effects and lifelike gameplay, has chosen Melbourne for its Australian headquarters.

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World-leading aircraft manufacturer Bombardier chooses Victoria

Global leader in aviation Bombardier has chosen to open its new operations headquarters in Victoria, marking an important gateway to the Asia-Pacific region.

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Global tech unicorn opens Oceania headquarters in Melbourne

A new global tech unicorn has chosen Victoria to open its Oceania office, bringing new jobs and opportunities for Victorian universities and graduates.

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International Investment Report 2021-22

Data from global investment consultant fDi Markets shows Victoria attracted $8.1 billion in overseas investment in 2021-22, well ahead of New South Wales ($6.1 billion) and Western Australia ($5.8 billion).

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Backing Net-Zero Minerals Revolution

A critical minerals startup, Magnium Australia is conducting a groundbreaking feasibility study that could lead to the world’s first net-zero magnesium foundry being built in Victoria with technology developed by the CSIRO.

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New Therapeutics Centre to fast-track life-saving treatments from Melbourne

A Pandemic Therapeutics Centre will be established in Melbourne to rapidly develop new life-saving treatments, further expanding on Melbourne’s reputation as a global leader in medical research.

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Global AI specialist sets up APAC HQ in Victoria

Renowned US-based e-commerce innovator Fanplayr has chosen Melbourne to open its Asia Pacific headquarters, which will create highly skilled jobs in the state’s thriving tech sector.

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Hydrogen tech innovator moves global HQ to Melbourne

Clean technology innovator DiviGas has chosen to move its global headquarters from Singapore to Melbourne, where it will further develop its world-leading hydrogen capture solutions.

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Victorian Government releases Advanced Air Mobility Industry Vision Statement

The Victorian Government is backing industry development of next-generation quiet electric aviation technology to assist Victoria to meet its 50 per cent renewable energy target by 2030, encouraging the decarbonisation of logistics and transport networks.

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Victoria to house Australia’s first mRNA vaccine manufacturing capability

Australia’s capability to manufacture mRNA vaccines onshore has been secured with Moderna and the Victorian Government finalising arrangements for this world-leading biotech research organisation to establish its mRNA vaccine manufacturing facility and Regional Research Centre in Victoria.

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Smart retirement innovators join Melbourne fintech sector

The UK’s acclaimed retirement technology provider Smart Pension has chosen Melbourne’s thriving fintech sector for its Australian base, where it will work with partners to deliver innovative digital retirement savings solutions across the country.

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