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Advance Queensland, VC Fund

Advance Queensland

VC Fund

Brisbane, Australia

Advance Queensland is a VC fund in Brisbane focused on SaaS and Software. Advance Queensland is the Queensland Government's initiative to invest $180 million over four years to create the knowledge based jobs of the future. It is managed by the Queensland Government Department of Science, Information Technology and Innovation.

Total investments:
10
Last investment:
Lead investor:
40%

Last updated:

Industries Advance Queensland invests in

SaaSSoftwareMobile AppsB2BApps

Stages Advance Queensland invests in

Grant

Countries Advance Queensland invests in

AustraliaCanadaArgentina

Investment Focus

Industry

  • SaaS 2 (20%)
  • Software 2 (20%)
  • Mobile Apps 2 (20%)
  • B2B 1 (10%)
  • Apps 1 (10%)
See all 38 industries →

Country

  • Australia 7 (70%)
  • Canada 1 (10%)
  • Argentina 1 (10%)

Investments

CompanyDescriptionRoundLinks
Proseek Bio is a clinical diagnostics company specialising in women’s health, specifically focusing on the early detection of ovarian cancer. Grant / Apr 08, 2026
Brander is an AI-powered B2B platform designed for brand-led growth, focusing on defining, tracking, governing, and scaling brand identity using first-party data like customer feedback and internal assets. It uncovers "Brand DNA" through AI analysis of team and customer inputs, visualizes brand health metrics like consistency and trust,and centralizes asset management for tone, values, and sharing. Tools include the Brand ID template for team alignment and the Brand Intelligence Engine for real-time insights from surveys, audits, and transcripts. Grant / Feb 10, 2026
Crowd Canvas Reshaping large-scale events by transforming audience experience into an interactive and immersive experience. $25K / Grant / Feb 19, 2025
Industrial IoT for remote and geographically dispersed areas $67.5K / Grant / Sep 25, 2019
The Vygo platform gives every learner a social education community. For learners, the Vygo platform organises their institution's ecosystem of mentors, advisors, tutors and other social support services at their fingertips. It gives learners the right tools to find and engage with the people they need, whenever they need them, wherever theyare in the world. With Vygo, education institutions are able to reinvent their social support ecosystem online and ultimately improve their student outcomes and scale their impact. Vygo is working universities around the globe who are pushing social education experiences into the future. $100K / Grant / Sep 04, 2018
Suncayr has developed a colour changing sticker that tells you when your sunscreen is no longer protecting you. The sticker, "SPOT", is is put directly on the skin, and then sunscreen is applied to your whole body. When your sunscreen is protecting your skin from UV, the sticker is clear, but when your skin becomes exposed to UV, thesticker changes to purple. This will give you and your family the confidence to safely enjoy the sun! $80.2K / Grant / Sep 11, 2017
Industrial IoT for remote and geographically dispersed areas $80.6K / Grant / Sep 08, 2017
Iridium Dynamics is an Australian drone manufacturer with offices in Brisbane, Australia and Toulouse, France. They offer high performance fixed-wing UAVs for commercial markets, and supply a range of accessories for fixed-wing UAVs.Iridium Dynamics was founded in Sydney in 2015 by Ian Conway Lamb, and is now headquartered in Brisbane. Thecompany was accelerated by the Techstars Adelaide accelerator in 2017, and the Airbus Bizlab accelerator in 2018.They use advanced technologies to develop aircraft, ground-based robotics, batteries, and avionics which outperform existing solutions in the fixed-wing UAV market. Their products take the greatest advantage of the efficiency of fixed-wing aircraft to squeeze out every last bit of performance. $54K / Grant / Jan 02, 2017
Manage a website that you're proud to have represent your business. It's secure, fast, ranks well in search and looks great.Build an accurate contact database which shows the journey from a visit to a conversion, and where you can improve.Attract more business and be seen with a suite of tools for publishing via e-mail, socialmedia, SMS and automation. $287.2K / Grant / Dec 22, 2016
RedEye Apps provides an Enterprise +, Cloud Based Engineering Document & Drawing Collaboration and Management Solution RedEye's configurable workflow engine enables the collaboration and management of engineering, technical and architectural drawings across market sectors and companies globally.The founders have 20 years experienceand strong relationships in their target market segments. RedEye was designed and developed to address costly and recurring issues the founders experienced firsthand working in the mining, engineering and construction sectors..RedEye is relevant to all companies working with engineering drawings and 3D models in sectors such as mining, engineering, oil & gas, utilities, manufacturing, construction, government, automotive, aerospace and infrastructure. $250K / Grant / Aug 18, 2016

Co-Investors

Brisbane Economic Development Agency Brisbane Economic Development Agency 1 deal together
CSIRO CSIRO 1 deal together Hot DesQ Hot DesQ 1 deal together

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FAQ

What does Advance Queensland invest in?

Advance Queensland invests primarily in SaaS, Software and Mobile Apps startups, most often at Grant stage. Most of the 10 investments tracked by Shizune back companies in Australia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

When did Advance Queensland last invest?

The most recent investment recorded for Advance Queensland closed in Apr 2026. Shizune tracks 10 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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