Breakthrough Victoria

Breakthrough Victoria is a sovereign wealth fund established by the Victorian Government to invest in innovative businesses across Victoria. The fund focuses on sectors such as health and life sciences, clean economy, advanced manufacturing, agri-food, and digital technologies. It aims to support companies at various stages of growth, from pre-seed to late stage, providing capital to foster innovation and economic development in the region.

The fund employs a patient investment approach, offering long-term capital to businesses that demonstrate transformative potential and strong commercial prospects. By partnering with both commercial and government entities, Breakthrough Victoria seeks to create jobs, stimulate economic growth, and deliver sustainable returns that benefit the state. Its investment strategy emphasizes responsible investing, aligning with the Principles of Responsible Investment, a UN-supported network of investors.

Breakthrough Victoria's portfolio includes a diverse range of companies across its focus sectors. Notable investments include Seer Medical, a health technology company specializing in epilepsy monitoring, which received significant funding from the fund. The fund's commitment to transparency and responsible investing is evident in its publicly available policies and reports, reflecting its dedication to ethical investment practices and its role in advancing Victoria's innovation landscape.