Breakthrough Victoria

Viridian Renewable Technology is an Australian company focused on sustainability and food security. It operates a protein manufacturing plant that utilizes innovative methods to recycle food by-products into valuable insect-based products. This process involves a team of engineers, scientists, professors, and farmers who collaborate to create scalable solutions. The company produces insect-based protein, oil, and organic fertilizer, addressing the growing demands of food production while contributing to a more sustainable food system.

RayGen is an Australian technology company specializing in advanced solar power and electricity storage solutions. It offers a Solar Power Plant that provides renewable energy on demand, featuring a cost-effective, long-duration solar plus storage system. This utility-scale installation enables time-shifting energy storage and synchronous generation of high-quality power, adaptable to various grid locations. The core technologies include RayGen's proprietary PV Ultra for solar cogeneration and Thermal Hydro for electro-thermal storage. With a team of 30 professionals in engineering, manufacturing, operations, and sales, RayGen has successfully developed and sold 1MWAC PV Ultra projects supported by power purchase agreements. The company manufactures its high-efficiency solar modules at a 25MWAC facility in Melbourne and has received backing from the Australian Renewable Energy Agency and the Victorian Government’s New Energy Jobs Fund.

Amber Electric Pty Ltd, founded in 2017 and based in Melbourne, Australia, provides electricity at wholesale prices through an innovative online platform. By utilizing real-time wholesale pricing, Amber enables customers to access renewable energy when it is most affordable, promoting savings and increasing the integration of renewable resources into the energy grid. The company aims to empower customers to actively participate in the electricity market, transforming their role from passive consumers to engaged stakeholders. Amber Electric is committed to facilitating a more sustainable energy future by enhancing the economics and dynamics of the energy system.

Aravax is an early-stage biotechnology company based in Melbourne, Australia, dedicated to developing a safe and effective treatment for peanut allergies. Founded in May 2015 through the acquisition of intellectual property from Alfred Health and Monash University, Aravax employs proprietary technology aimed at resetting the immune system to tolerate peanuts without triggering allergic reactions. The company's innovative approach seeks to eliminate the risk of life-threatening responses to peanuts, allowing patients to undergo treatment and potentially overcome mild symptoms such as itchiness, rash, and gastrointestinal upset.

Smileyscope is a Melbourne-based company founded in 2017 that focuses on addressing pediatric challenges through virtual reality technology. Its innovative device is designed to alleviate the fear and anxiety associated with needle procedures in children. By providing a captivating visual experience, Smileyscope helps to calm young patients, reducing their perception of pain and facilitating a more tranquil environment for medical staff. This approach not only enhances the overall experience of children during medical visits but also allows clinicians to perform necessary procedures more safely and effectively.

Tin Alley Ventures is a venture capital investment firm based in Melbourne, Australia, founded in 2022. The firm focuses on investing in technology startups at various stages, including seed, early, and later stages. It collaborates closely with companies and researchers within the University of Melbourne's ecosystem, aiming to support and develop businesses that have the potential to create significant social and economic impact. Through its strategic partnerships and investment approach, Tin Alley Ventures seeks to foster innovation and drive growth in the technology sector.

Smart Paddock is an Australian company focused on enhancing the livestock industry through innovative technology. It has developed a smart ear tag, known as the Bluebell tag, which attaches to the ear of livestock and collects real-time data on health, behavior, and location. This device employs IoT technology to monitor vital indicators such as temperature and mobility, providing farmers with critical insights through a web dashboard or mobile application. By analyzing the data collected, Smart Paddock enables producers to improve animal health and well-being, manage pedigree effectively, and optimize pasture land utilization. This approach aims to modernize farming practices and increase production efficiency in the livestock sector.

Infleqtion specializes in quantum technology, providing high-value information processing and solutions that enhance global communication security and efficiency. The company, with offices in the United States, United Kingdom, and Australia, leverages over 17 years of foundational research from ColdQuanta to deliver software-configured, quantum-enabled products that operate at the Edge. These products focus on critical applications such as positioning, navigation, timing, and resilient energy distribution, while also facilitating accelerated quantum computing. Infleqtion serves a diverse clientele, including commercial organizations and government entities, helping them to harness the power of quantum technology for innovation and development.