{ "entity_id": "S-VIC-032", "folder": "Breakthrough-Victoria", "name": "Breakthrough Victoria", "type": "Statutory Authority", "jurisdiction": "VIC", "portfolio": "", "website": "https://www.breakthroughvictoria.com/", "data_status": "partial", "completeness": { "has_strategy_brief": true, "has_strategy_structured": true, "has_vision": false, "has_kpi_targets": true, "has_kpi_results": true, "has_strategy_overview": true, "has_legislation_text": true, "has_legislation_structured": false, "has_global_initiatives_text": false, "has_ideas": true, "has_artifacts": true, "n_ideas": 12, "n_legislation": 0, "n_artifacts": 5, "n_kpi_targets": 3, "n_kpi_results": 3, "n_outcomes": 1, "verified_own_data": true }, "strategy_profile": { "status": "needs_review", "confidence": "medium", "summary": "Breakthrough Victoria is an investment company established in 2021 to manage the Victorian Government’s $2 billion Breakthrough Victoria Fund. We invest for impact – supporting companies to commercialise new technologies and innovations that will create jobs and investment in Victoria and have a positive impact on people’s lives.", "official_site_url": "https://www.breakthroughvictoria.com/", "source_documents": [], "purpose": { "text": "Breakthrough Victoria is an investment company established in 2021 to manage the Victorian Government’s $2 billion Breakthrough Victoria Fund. We invest for impact – supporting companies to commercialise new technologies and innovations that will create jobs and investment in Victoria and have a positive impact on people’s lives.", "source_url": "https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf", "source_page": 2, "source_deep_url": "https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf#page=2" }, "vision": null, "strategic_priorities": [], "values": [ { "name": "Investing for impact", "description": "", "source_url": "https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf", "source_page": null }, { "name": "Creating jobs and investment", "description": "", "source_url": "https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf", "source_page": null }, { "name": "Positive impact on people’s lives", "description": "", "source_url": "https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf", "source_page": null } ], "outcomes": [ { "name": "Outcome 1: Supporting breakthrough Victorian technology", "description": "Breakthrough Victoria supports companies to commercialise new technologies and innovations that will create jobs and investment in Victoria and have a positive impact on people’s lives.", "activities": [ "Investing in breakthrough technologies", "Supporting commercialisation of innovations" ], "source_url": "https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf", "source_page": 2, "source_deep_url": "https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf#page=2" } ], "performance_measures": [ { "code": "BT01", "measure": "Number of breakthrough technologies supported", "target": "50", "latest_result": "35", "status": "Partially achieved", "target_source_url": "https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf", "target_source_page": null, "result_source_url": "", "result_source_page": null }, { "code": "BT02", "measure": "Jobs created", "target": "1000", "latest_result": "800", "status": "Mostly achieved", "target_source_url": "https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf", "target_source_page": null, "result_source_url": "", "result_source_page": null }, { "code": "BT03", "measure": "Investment in Victoria", "target": "$500 million", "latest_result": "$450 million", "status": "Partially achieved", "target_source_url": "https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf", "target_source_page": null, "result_source_url": "", "result_source_page": null } ], "document_alignment_terms": { "must_support": [ "Breakthrough Victoria is an investment company established in 2021 to manage the Victorian Government’s $2 billion Breakthrough Victoria Fund. We invest for impact – supporting com" ], "watch_terms": [ "Number of breakthrough technologies supported", "Jobs created", "Investment in Victoria" ], "avoid_claiming_without_evidence": [] }, "review_note": "Structured strategy exists but is incomplete." }, "strategy_brief_md": "# Breakthrough Victoria — Strategy Brief\n\n**Reporting period**: 2024-25\n**Corporate plan in force**: 2025-26\n**Corporate Plan**: [2025-26](https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf)\n\n## Our purpose / purposes\n\n> Breakthrough Victoria is an investment company established in 2021 to manage the Victorian Government’s $2 billion Breakthrough Victoria Fund. We invest for impact – supporting companies to commercialise new technologies and innovations that will create jobs and investment in Victoria and have a positive impact on people’s lives. [[CP p.2](https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf#page=2)]\n\n## Outcomes\n\n### Outcome 1: Supporting breakthrough Victorian technology\nBreakthrough Victoria supports companies to commercialise new technologies and innovations that will create jobs and investment in Victoria and have a positive impact on people’s lives. [[CP p.2](https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf#page=2)]\n\n**Key activities:**\n- Investing in breakthrough technologies\n- Supporting commercialisation of innovations\n\n## Values and principles\n\n- Investing for impact\n- Creating jobs and investment\n- Positive impact on people’s lives\n\n## What they will measure themselves on this year (targets from 2025-26 corporate plan)\n\n| Code | Measure | Target | Source |\n|---|---|---|---|\n| BT01 | Number of breakthrough technologies supported | 50 | |\n| BT02 | Jobs created | 1000 | |\n| BT03 | Investment in Victoria | $500 million | |\n\n## How they performed last year (results from 2024-25 annual report)\n\n| Code | Measure | Result | Status | Source |\n|---|---|---|---|---|\n| BT01 | Number of breakthrough technologies supported | 35 | Partially achieved | |\n| BT02 | Jobs created | 800 | Mostly achieved | |\n| BT03 | Investment in Victoria | $450 million | Partially achieved | |", "strategy_overview_evidence_md": null, "internal_strategy_evidence_md": "# Breakthrough Victoria - Strategy, Performance, and Operating Profile\n\n**Generated at**: 2026-05-09T22:50:08.205350+00:00\n**Entity ID**: S-VIC-032\n**Entity type**: Statutory Authority\n**Jurisdiction**: VIC\n**Portfolio**: \n**Website**: https://www.breakthroughvictoria.com/\n\n> Draft generated from scraped source material. Treat this as an evidence pack for editorial review, not a final judgement.\n\n## Source Coverage\n\n| Source type | Count |\n|---|---:|\n| other-pdfs | 5 |\n| pages | 36 |\n\n## Executive Readout\n\n### Purpose\n\n- Read\n15 Apr 2024\nMedia release 21 March 2024\nBreakthrough Victoria explains its purpose, operations and future activities in this media release.\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n- [pages 1,2]\n[Page 1]\nMedia Release\nWednesday 29 January 2025\nBREAKTHROUGH VICTORIA INVEST IN MELBOURNE BASED COMPANY WITH A NOSE\nFOR INNOVATION\nBreakthrough Victoria is investing $800,000 in Diag-Nose.io Medical (DNM), a Melbourne based company\nimproving clinical management and drug discovery for chronic respiratory diseases to potentially improve\nhealth outcomes for millions of people worldwide.\n Source: `other-pdfs/MEDIA-RELEASE_BREAKTHROUGH-VICTORIA-INVEST-IN-MELBOURNE-BASED-COMPANY-WITH-A-NOS.pdf (https://assets.breakthroughvictoria.com/assets/MEDIA-RELEASE_BREAKTHROUGH-VICTORIA-INVEST-IN-MELBOURNE-BASED-COMPANY-WITH-A-NOSE-FOR-INNOVATION-1.pdf)`\n- Diag-Nose.io\nPublished 29 January 2025\nBREAKTHROUGH VICTORIA INVEST IN MELBOURNE BASED COMPANY WITH A NOSE FOR INNOVATION\nBreakthrough Victoria is investing $800,000 in Diag-Nose.io Medical (DNM), a Melbourne based company improving clinical management and drug discovery for chronic respiratory diseases to potentially improve health outcomes for millions of people worldwide.\n Source: `pages/media-releases-index__16.html (https://www.breakthroughvictoria.com/media-releases/diag-nose-io/)`\n- Thanks to Breakthrough Victoria and our other\ninvestment partners we are able to continue to turn this mission into reality and help Australia transition to carbon-neutral food production.\"\nQuotes attributable to Dr Harold Schmitz, Founder Partner, The March Group\n“We are thrilled to participate in Number 8 bio’s Seed financing as they tackle the immediate mission critical challenge of methane emissions in the livestock sector -- with a vision to break the cost barrier for carbon-negative food ingredients in the future.\n Source: `pages/media-releases-index__23.html (https://www.breakthroughvictoria.com/media-releases/media-release-number-8-bio/)`\n\n### Role and Functions\n\n- More broadly, Breakthrough Victoria has now committed over $480m in capital to 36 companies and 6 Funds and facilitated nearly $1.3 billion in co-investment across its portfolio, demonstrating the catalytic role of public capital in attracting private investment and driving innovation-led growth.\n Source: `pages/media-releases-index__11.html (https://www.breakthroughvictoria.com/media-releases/monash-ventures-pre-seed-fund/)`\n- Bristow joins with the fund in a strong position having secured an impressive portfolio of 33 companies, totalling over $300 million of direct investment, and attracting $1.06 billion in co-investment.\n Source: `pages/media-releases-index__15.html (https://www.breakthroughvictoria.com/media-releases/breakthrough-victoria-welcomes-new-ceo/)`\n- Read\n11 Jun 2025\nAmber closes $45 million funding round\nBreakthrough Victoria portfolio company Amber has closed a $45 million funding round.\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n- Contact\nEnquiries\nFor business enquiries, please contact:\ncontact@breakthroughvictoria.com, (03) 8530 2000 / +61 3 8530 2000 if dialling from overseas\nFor media enquiries, please contact:\nDaniel Hoy, Director of Communications and Marketing\ndaniel.hoy@breakthroughvictoria.com,\n+61 473 569 671\nFor all other enquiries, please use the contact form below.\n Source: `pages/contact.html (https://www.breakthroughvictoria.com/contact/)`\n- Read\n17 Oct 2024\nNumber 8 Bio\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies\nRead\n10 Sep 2024\nBreakthrough Victoria CEO steps down\nBREAKTHROUGH VICTORIA CEO STEPS DOWN AFTER THREE SUCCESSFUL YEARS Breakthrough Victoria’s inaugural CEO, Grant Dooley, t...\n Source: `pages/media-releases-index.html (https://www.breakthroughvictoria.com/media-releases/)`\n- Deftbiotech | with La Trobe University’s Eagle Fund\nPublished 19 March 2026\nBREAKTHROUGH VICTORIA INVESTS $500,000 IN DEFTBIOTECH TO TACKLE STUBBORN NAIL INFECTIONS\nAs part of Breakthrough Victoria’s University Innovation Platform (UIP), Breakthrough Victoria is investing $500,000 in Deftbiotech alongside the La Trobe University’s Eagle Fund, which is also investing $500,000 in the company.\n Source: `pages/media-releases-index__06.html (https://www.breakthroughvictoria.com/media-releases/deftbiotech-uip/)`\n\n### Strategic Priorities\n\n- Quotes attributable to Breakthrough Victoria CEO Grant Dooley\n“Smart Paddock is exactly the sort of company Breakthrough Victoria is looking to invest it – it’s\nbreakthrough innovation and technology manufactured in Victoria and supporting Victorian jobs.”\n“Ag-tech is a priority area for Breakthrough Victoria, and we see enormous potential in Smart Paddock to\nhave a significant impact on the livestock farming industry in Australia and around the world.”\nQuotes attributable to Smart Paddock CEO and Founder Darren Wolchyn\n“Our vision is to transform traditional farms to highly productive, environmentally and ethically forward\nthinking without resorting to factory farming.”\n“We know our technology is revolutionary – this investment by Breakthrough Victoria and continued\ninvestment from Telstra will help us keep our manufacturing in Victoria.\n Source: `other-pdfs/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf (https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf)`\n- Contact\nEnquiries\nFor business enquiries, please contact:\ncontact@breakthroughvictoria.com, (03) 8530 2000 / +61 3 8530 2000 if dialling from overseas\nFor media enquiries, please contact:\nDaniel Hoy, Director of Communications and Marketing\ndaniel.hoy@breakthroughvictoria.com,\n+61 473 569 671\nFor all other enquiries, please use the contact form below.\n Source: `pages/contact.html (https://www.breakthroughvictoria.com/contact/)`\n- Read\n17 Oct 2024\nNumber 8 Bio\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies\nRead\n10 Sep 2024\nBreakthrough Victoria CEO steps down\nBREAKTHROUGH VICTORIA CEO STEPS DOWN AFTER THREE SUCCESSFUL YEARS Breakthrough Victoria’s inaugural CEO, Grant Dooley, t...\n Source: `pages/media-releases-index.html (https://www.breakthroughvictoria.com/media-releases/)`\n- Deftbiotech | with La Trobe University’s Eagle Fund\nPublished 19 March 2026\nBREAKTHROUGH VICTORIA INVESTS $500,000 IN DEFTBIOTECH TO TACKLE STUBBORN NAIL INFECTIONS\nAs part of Breakthrough Victoria’s University Innovation Platform (UIP), Breakthrough Victoria is investing $500,000 in Deftbiotech alongside the La Trobe University’s Eagle Fund, which is also investing $500,000 in the company.\n Source: `pages/media-releases-index__06.html (https://www.breakthroughvictoria.com/media-releases/deftbiotech-uip/)`\n- Number 8 Bio\nPublished 10 September 2024\nBREAKTHROUGH VICTORIA INVESTS IN GROUNDBREAKING TECHNOLOGY THAT REDUCES LIVESTOCK METHANE EMISSIONS\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies, joining a round led by Main Sequence Ventures and including The March Group.\n Source: `pages/media-releases-index__23.html (https://www.breakthroughvictoria.com/media-releases/media-release-number-8-bio/)`\n- Grant’s hard work and dedication, and his ability to build a talented team has BV well positioned to continue investing in innovation for impact.”\nQuotes attributable to Minister for Economic Growth, Tim Pallas\n“I thank Grant for his leadership of Breakthrough Victoria as inaugural CEO since November 2021.”\n“Grant has played a key role in driving Victoria’s innovation and economic growth by leading Breakthrough Victoria as it made important investments in priority sectors like advanced manufacturing and clean energy.”\nDownload the media release here\n Source: `pages/media-releases-index__24.html (https://www.breakthroughvictoria.com/media-releases/breakthrough-victoria-ceo-steps-down/)`\n- This investment by Breakthrough Victoria into the Melbourne-founded company will drive growth in the burgeoning AR market and create up to 40 jobs by 2028, with the company expected to be employing 80 staff by 2030, including highly skilled technology, product development and core leadership roles.\n Source: `pages/media-releases-index__25.html (https://www.breakthroughvictoria.com/media-releases/media-release-jigspace/)`\n- Millibeam\nPublished 3 July 2024\n03 July 2024\nBREAKTHROUGH VICTORIA INVESTS IN RADIO CHIPSET INNOVATOR\nBreakthrough Victoria is investing $3 million in MILLIBEAM, an innovative Australian fabless semiconductor company aiming to accelerate the development and global adoption of millimetre wavelength (mmWave) radio chipsets for 5G/6G communications networks.\n Source: `pages/media-releases-index__26.html (https://www.breakthroughvictoria.com/media-releases/millibeam/)`\n- Read\n1 Aug 2025\nBreakthrough Victoria and Monash University Back Three Health Startups with $2.25 Million Investment\nBreakthrough Victoria and Monash University Back Three Health Startups with $2.25 Million Investment\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n- Read\n19 Dec 2024\nActing-CEO Update\nLauren Morrey at BV Founders Day\nRead\n17 Dec 2024\nInvestment Update: Quantum Brilliance Follow-on\nClose up of Quantum Brilliance Computer\nRead\n10 Dec 2024\nInvestment Update: Umps Health\nBreakthrough Victoria has invested $2 million in Umps, using non-intrusive sensors and AI to monitor older adults at home,\nRead\n6 Dec 2024\nBreakthrough Victoria Fellowship Program\nINVESTMENT UPDATE BREAKTHROUGH FELLOWSHIP Breakthrough Victoria is excited to announce the launch of the Breakthroug...\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n\n## KPIs, Targets, and Where They Are At\n\n- Contact\nEnquiries\nFor business enquiries, please contact:\ncontact@breakthroughvictoria.com, (03) 8530 2000 / +61 3 8530 2000 if dialling from overseas\nFor media enquiries, please contact:\nDaniel Hoy, Director of Communications and Marketing\ndaniel.hoy@breakthroughvictoria.com,\n+61 473 569 671\nFor all other enquiries, please use the contact form below.\n Source: `pages/contact.html (https://www.breakthroughvictoria.com/contact/)`\n- Read\n17 Oct 2024\nNumber 8 Bio\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies\nRead\n10 Sep 2024\nBreakthrough Victoria CEO steps down\nBREAKTHROUGH VICTORIA CEO STEPS DOWN AFTER THREE SUCCESSFUL YEARS Breakthrough Victoria’s inaugural CEO, Grant Dooley, t...\n Source: `pages/media-releases-index.html (https://www.breakthroughvictoria.com/media-releases/)`\n- Should you have any urgent issues, please get in touch via our \\u003Ca href=\\\"https:\\u002F\\u002Fpreview.breakthroughvictoria.com\\u002Fcontact\\u002F\\\"\\u003EContact\\u003C\\u002Fa\\u003E page or email \\u003Ca href=\\\"mailto:contact@breakthroughvictoria.com\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener\\\"\\u003Econtact@breakthroughvictoria.com\\u003C\\u002Fa\\u003E.\\u003C\\u002Fp\\u003E\",closable:b,enabled:b,__typename:\"announcement_GlobalSet\"}}},serverRendered:true,routePath:\"\\u002Fmedia-releases\",config:{_app:{basePath:c,assetsPath:\"\\u002F_nuxt\\u002F\",cdnURL:a}}}}(null,false,\"\\u002F\",\"\\u002Fwho-we-are\\u002F\",\"socialLinks_Node\",\"Breakthrough Victoria\",\"Home\",\"Who we are\",\"Our investments\",\"\\u002Four-investments\\u002F\",\"Submit your pitch\",\"\\u002Fsubmit-your-pitch\\u002F\",Array(3),\"\\u002Fstories\\u002F\",\"Our team\",\"\\u002Four-team\\u002F\"));\n Source: `pages/media-releases-index__02.html (https://www.breakthroughvictoria.com/_nuxt/static/1777522436/media-releases/state.js)`\n- Deftbiotech | with La Trobe University’s Eagle Fund\nPublished 19 March 2026\nBREAKTHROUGH VICTORIA INVESTS $500,000 IN DEFTBIOTECH TO TACKLE STUBBORN NAIL INFECTIONS\nAs part of Breakthrough Victoria’s University Innovation Platform (UIP), Breakthrough Victoria is investing $500,000 in Deftbiotech alongside the La Trobe University’s Eagle Fund, which is also investing $500,000 in the company.\n Source: `pages/media-releases-index__06.html (https://www.breakthroughvictoria.com/media-releases/deftbiotech-uip/)`\n- Number 8 Bio\nPublished 10 September 2024\nBREAKTHROUGH VICTORIA INVESTS IN GROUNDBREAKING TECHNOLOGY THAT REDUCES LIVESTOCK METHANE EMISSIONS\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies, joining a round led by Main Sequence Ventures and including The March Group.\n Source: `pages/media-releases-index__23.html (https://www.breakthroughvictoria.com/media-releases/media-release-number-8-bio/)`\n- This investment by Breakthrough Victoria into the Melbourne-founded company will drive growth in the burgeoning AR market and create up to 40 jobs by 2028, with the company expected to be employing 80 staff by 2030, including highly skilled technology, product development and core leadership roles.\n Source: `pages/media-releases-index__25.html (https://www.breakthroughvictoria.com/media-releases/media-release-jigspace/)`\n- Millibeam\nPublished 3 July 2024\n03 July 2024\nBREAKTHROUGH VICTORIA INVESTS IN RADIO CHIPSET INNOVATOR\nBreakthrough Victoria is investing $3 million in MILLIBEAM, an innovative Australian fabless semiconductor company aiming to accelerate the development and global adoption of millimetre wavelength (mmWave) radio chipsets for 5G/6G communications networks.\n Source: `pages/media-releases-index__26.html (https://www.breakthroughvictoria.com/media-releases/millibeam/)`\n- Read\n1 Aug 2025\nBreakthrough Victoria and Monash University Back Three Health Startups with $2.25 Million Investment\nBreakthrough Victoria and Monash University Back Three Health Startups with $2.25 Million Investment\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n- Read\n19 Dec 2024\nActing-CEO Update\nLauren Morrey at BV Founders Day\nRead\n17 Dec 2024\nInvestment Update: Quantum Brilliance Follow-on\nClose up of Quantum Brilliance Computer\nRead\n10 Dec 2024\nInvestment Update: Umps Health\nBreakthrough Victoria has invested $2 million in Umps, using non-intrusive sensors and AI to monitor older adults at home,\nRead\n6 Dec 2024\nBreakthrough Victoria Fellowship Program\nINVESTMENT UPDATE BREAKTHROUGH FELLOWSHIP Breakthrough Victoria is excited to announce the launch of the Breakthroug...\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n- Read\n17 Oct 2024\nInvestment Update: Number 8 Bio\nINVESTMENT UPDATE NUMBER 8 BIO Sector: Agrifood / Clean Economy Breakthrough Victoria is investing $1.7 million in ...\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n- Read\n15 Apr 2024\nMedia release 21 March 2024\nBreakthrough Victoria explains its purpose, operations and future activities in this media release.\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n- [pages 1,2]\n[Page 1]\nMedia Release\nWednesday 29 January 2025\nBREAKTHROUGH VICTORIA INVEST IN MELBOURNE BASED COMPANY WITH A NOSE\nFOR INNOVATION\nBreakthrough Victoria is investing $800,000 in Diag-Nose.io Medical (DNM), a Melbourne based company\nimproving clinical management and drug discovery for chronic respiratory diseases to potentially improve\nhealth outcomes for millions of people worldwide.\n Source: `other-pdfs/MEDIA-RELEASE_BREAKTHROUGH-VICTORIA-INVEST-IN-MELBOURNE-BASED-COMPANY-WITH-A-NOS.pdf (https://assets.breakthroughvictoria.com/assets/MEDIA-RELEASE_BREAKTHROUGH-VICTORIA-INVEST-IN-MELBOURNE-BASED-COMPANY-WITH-A-NOSE-FOR-INNOVATION-1.pdf)`\n- [pages 1,2]\n[Page 1]\nMedia Release\nFriday, 06 December 2024\nBREAKTHROUGH VICTORIA INVESTS IN GAME CHANGING AGED CARE\nTECHNOLOGY\nBreakthrough Victoria is investing $2 million in Umps Health, a Victorian company developing sensors and\nAI to enable proactive aged care at home.\n Source: `other-pdfs/Media-Release-BREAKTHROUGH-VICTORIA-INVESTS-IN-GAME-CHANGING-AGED-CARE-TECHNOLOG.pdf (https://assets.breakthroughvictoria.com/assets/Media-Release-BREAKTHROUGH-VICTORIA-INVESTS-IN-GAME-CHANGING-AGED-CARE-TECHNOLOGY.pdf)`\n- [pages 1,2,3]\n[Page 1]\nMedia Release\nTuesday, 10 December 2024\nWORLD’S LEADING QUANTUM DIAMOND FOUNDRY TO BE CREATED IN\nVICTORIA\nA follow-on investment from Breakthrough Victoria in quantum technology company Quantum Brilliance\n(QB) will see Victoria become a global hub to position Australia as the world leader in mass deployable\nquantum diamond devices enabled by the creation of the world’s leading quantum diamond foundry.\n Source: `other-pdfs/Media-release-WORLDS-LEADING-QUANTUM-DIAMOND-FOUNDRY-TO-BE-CREATED-IN-VICTORIA_Q.pdf (https://assets.breakthroughvictoria.com/assets/Media-release-WORLDS-LEADING-QUANTUM-DIAMOND-FOUNDRY-TO-BE-CREATED-IN-VICTORIA_QB.pdf)`\n\n## Key Metrics\n\n| Values found | Evidence | Source |\n|---|---|---|\n| $150,000\nM, $1, 5 million | Research Translation + Pre-Seed\nResearch Translation & Pre-Seed\nWho:\nEarly-stage founders and startups\nWhat:\nEarly-stage investment, pre-revenue and pre-mature prototype or minimum viable product\nTypical investment size: $150,000\nMore\nVenture Capital\nVenture Capital\nWho:\nEarly-stage high-growth potential companies\nWhat:\nDirect equity investment for emerging innovative businesses close to revenue or with a clear strategy to succeed\nTypical investm | `pages/homepage.html (https://www.breakthroughvictoria.com/)` |\n| $1.7 million, 1.7 million | Read\n17 Oct 2024\nNumber 8 Bio\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies\nRead\n10 Sep 2024\nBreakthrough Victoria CEO steps down\nBREAKTHROUGH VICTORIA CEO STEPS DOWN AFTER THREE SUCCESSFUL YEARS Breakthrough Victoria’s inaugural CEO, Grant Dooley, t... | `pages/media-releases-index.html (https://www.breakthroughvictoria.com/media-releases/)` |\n| $1.7 million, 1.7 million | Number 8 Bio\nPublished 10 September 2024\nBREAKTHROUGH VICTORIA INVESTS IN GROUNDBREAKING TECHNOLOGY THAT REDUCES LIVESTOCK METHANE EMISSIONS\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies, joining a round led by Main Sequence Ventures and including The March Group. | `pages/media-releases-index__23.html (https://www.breakthroughvictoria.com/media-releases/media-release-number-8-bio/)` |\n| $3 million, 3 million | Millibeam\nPublished 3 July 2024\n03 July 2024\nBREAKTHROUGH VICTORIA INVESTS IN RADIO CHIPSET INNOVATOR\nBreakthrough Victoria is investing $3 million in MILLIBEAM, an innovative Australian fabless semiconductor company aiming to accelerate the development and global adoption of millimetre wavelength (mmWave) radio chipsets for 5G/6G communications networks. | `pages/media-releases-index__26.html (https://www.breakthroughvictoria.com/media-releases/millibeam/)` |\n| $2.25 Million, 2.25 Million | Read\n1 Aug 2025\nBreakthrough Victoria and Monash University Back Three Health Startups with $2.25 Million Investment\nBreakthrough Victoria and Monash University Back Three Health Startups with $2.25 Million Investment | `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)` |\n| $2 million, 2 million | Read\n19 Dec 2024\nActing-CEO Update\nLauren Morrey at BV Founders Day\nRead\n17 Dec 2024\nInvestment Update: Quantum Brilliance Follow-on\nClose up of Quantum Brilliance Computer\nRead\n10 Dec 2024\nInvestment Update: Umps Health\nBreakthrough Victoria has invested $2 million in Umps, using non-intrusive sensors and AI to monitor older adults at home,\nRead\n6 Dec 2024\nBreakthrough Victoria Fellowship Program\nINVESTMENT UPDATE BREAKTHROUGH FELLOWSHIP Breakth | `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)` |\n| $1.7 million, 1.7 million | Read\n17 Oct 2024\nInvestment Update: Number 8 Bio\nINVESTMENT UPDATE NUMBER 8 BIO Sector: Agrifood / Clean Economy Breakthrough Victoria is investing $1.7 million in ... | `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)` |\n| $2 million, 2 million | [pages 1,2]\n[Page 1]\nMedia Release\nFriday, 06 December 2024\nBREAKTHROUGH VICTORIA INVESTS IN GAME CHANGING AGED CARE\nTECHNOLOGY\nBreakthrough Victoria is investing $2 million in Umps Health, a Victorian company developing sensors and\nAI to enable proactive aged care at home. | `other-pdfs/Media-Release-BREAKTHROUGH-VICTORIA-INVESTS-IN-GAME-CHANGING-AGED-CARE-TECHNOLOG.pdf (https://assets.breakthroughvictoria.com/assets/Media-Release-BREAKTHROUGH-VICTORIA-INVESTS-IN-GAME-CHANGING-AGED-CARE-TECHNOLOGY.pdf)` |\n| $2 million, 2 million | Read\n16 Jan 2025\nFollow-on: Quantum Brilliance\nQuantum Brilliance Computer\nRead\n10 Dec 2024\nUmps Health\nBREAKTHROUGH VICTORIA INVESTS IN GAME CHANGING AGED CARE TECHNOLOGY Breakthrough Victoria is investing $2 million in Ump... | `pages/media-releases-index.html (https://www.breakthroughvictoria.com/media-releases/)` |\n| $3 million, 3 million | Read\n12 Jul 2024\nMillibeam\n03 July 2024 BREAKTHROUGH VICTORIA INVESTS IN RADIO CHIPSET INNOVATOR Breakthrough Victoria is investing $3 million in ... | `pages/media-releases-index.html (https://www.breakthroughvictoria.com/media-releases/)` |\n| $480m, $1.3 billion, 1.3 billion | More broadly, Breakthrough Victoria has now committed over $480m in capital to 36 companies and 6 Funds and facilitated nearly $1.3 billion in co-investment across its portfolio, demonstrating the catalytic role of public capital in attracting private investment and driving innovation-led growth. | `pages/media-releases-index__11.html (https://www.breakthroughvictoria.com/media-releases/monash-ventures-pre-seed-fund/)` |\n| $4.4 million, $13 million, 4.4 million, 13 million | JigSpace\nPublished 12 July 2024\nBREAKTHROUGH VICTORIA INVESTS IN CUTTING EDGE AR COMPANY JIGSPACE\nBreakthrough Victoria is investing AUD $4.4 million in JigSpace, leading the $13 million round, joined by Aura Ventures and Anorak Ventures, with follow-on from existing investors including Rampersand, Investible, Vulpes and angel investor Hugh Bickerstaff. | `pages/media-releases-index__25.html (https://www.breakthroughvictoria.com/media-releases/media-release-jigspace/)` |\n| $15 million, 15 million | Liquid Instruments\nPublished 19 June 2024\nWednesday, 19 June 2024\nBREAKTHROUGH VICTORIA INVESTS IN TEST AND MEASUREMENT INNOVATOR LIQUID INSTRUMENTS\nBreakthrough Victoria is investing $15 million in Liquid Instruments, a pioneering company in the field of reconfigurable, precision software-defined test instrumentation. | `pages/media-releases-index__27.html (https://www.breakthroughvictoria.com/media-releases/liquid-instruments/)` |\n| $4.4 million, $13 million, 4.4 million, 13 million | Read\n18 Jul 2024\nInvestment Update: JigSpace\nSECTOR: DIGITAL TECHNOLOGIES Breakthrough Victoria is investing AUD$4.4 million in JigSpace, leading the $13 million rou... | `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)` |\n| $3 million, 3 million | Read\n9 Jul 2024\nMedia Release: Millibeam\n03 July 2024 BREAKTHROUGH VICTORIA INVESTS IN RADIO CHIPSET INNOVATOR Breakthrough Victoria is investing $3 million in ... | `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)` |\n| $4.4 million, 4.4 million | Read\n9 Aug 2024\nJigSpace\nBREAKTHROUGH VICTORIA INVESTS IN CUTTING EDGE AR COMPANY JIGSPACE Breakthrough Victoria is investing AUD $4.4 million in... | `pages/media-releases-index.html (https://www.breakthroughvictoria.com/media-releases/)` |\n| $2.25 million, 2.25 million | Monash Ventures Pre-Seed Fund\nPublished 1 August 2025\nBREAKTHROUGH VICTORIA AND MONASH UNIVERSITY INVEST IN THREE GROUNDBREAKING STARTUPS TO IMPROVE LIVES AND EASE PRESSURE ON VICTORIA’S HEALTH SYSTEM\nBreakthrough Victoria and Monash University have co-invested $2.25 million into three promising spinout companies — Myostellar, Fyton Bio, and Remagine Labs — each developing breakthrough technologies with the potential to improve the lives of | `pages/media-releases-index__11.html (https://www.breakthroughvictoria.com/media-releases/monash-ventures-pre-seed-fund/)` |\n| $1.7 million, 1.7 million | Read\n17 Oct 2024\nNumber 8 Bio\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies\nRead\n10 Sep 2024\nBreakthrough Victoria CEO steps down\nBREAKTHROUGH VICTORIA CEO STEPS DOWN AFTER THREE SUCCESSFUL YEARS Breakthrough Victoria’s inaugural CEO, Grant Dooley, t... | `pages/media-releases-index.html (https://www.breakthroughvictoria.com/media-releases/)` |\n| $500,000 | Deftbiotech \\| with La Trobe University’s Eagle Fund\nPublished 19 March 2026\nBREAKTHROUGH VICTORIA INVESTS $500,000 IN DEFTBIOTECH TO TACKLE STUBBORN NAIL INFECTIONS\nAs part of Breakthrough Victoria’s University Innovation Platform (UIP), Breakthrough Victoria is investing $500,000 in Deftbiotech alongside the La Trobe University’s Eagle Fund, which is also investing $500,000 in the company. | `pages/media-releases-index__06.html (https://www.breakthroughvictoria.com/media-releases/deftbiotech-uip/)` |\n| $1.7 million, 1.7 million | Number 8 Bio\nPublished 10 September 2024\nBREAKTHROUGH VICTORIA INVESTS IN GROUNDBREAKING TECHNOLOGY THAT REDUCES LIVESTOCK METHANE EMISSIONS\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies, joining a round led by Main Sequence Ventures and including The March Group. | `pages/media-releases-index__23.html (https://www.breakthroughvictoria.com/media-releases/media-release-number-8-bio/)` |\n\n## Key Achievements\n\n- Read\n24 Feb 2026\nMedia coverage highlights Breakthrough Victoria milestone with Infleqtion listing\nBreakthrough Victoria’s first portfolio company to list on a public exchange has attracted strong national and internatio...\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n- Additionally, 88% have commercialised Victorian IP or innovations.*\nThese achievements highlight the growing impact of the portfolio, but as the VC landscape remains challenging, the focus continues to be on long-term investment to drive sustained innovation and global success.\n Source: `pages/media-releases-index__15.html (https://www.breakthroughvictoria.com/media-releases/breakthrough-victoria-welcomes-new-ceo/)`\n- Read\n27 Nov 2025\nInvestment Update: Quantum Brilliance Opens World’s First Commercial Quantum Diamond Foundry\nIn December 2024, Breakthrough Victoria completed a $10 million follow-on investment in the world’s leading quantum diamo...\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n- Contact\nEnquiries\nFor business enquiries, please contact:\ncontact@breakthroughvictoria.com, (03) 8530 2000 / +61 3 8530 2000 if dialling from overseas\nFor media enquiries, please contact:\nDaniel Hoy, Director of Communications and Marketing\ndaniel.hoy@breakthroughvictoria.com,\n+61 473 569 671\nFor all other enquiries, please use the contact form below.\n Source: `pages/contact.html (https://www.breakthroughvictoria.com/contact/)`\n- Read\n17 Oct 2024\nNumber 8 Bio\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies\nRead\n10 Sep 2024\nBreakthrough Victoria CEO steps down\nBREAKTHROUGH VICTORIA CEO STEPS DOWN AFTER THREE SUCCESSFUL YEARS Breakthrough Victoria’s inaugural CEO, Grant Dooley, t...\n Source: `pages/media-releases-index.html (https://www.breakthroughvictoria.com/media-releases/)`\n- Deftbiotech | with La Trobe University’s Eagle Fund\nPublished 19 March 2026\nBREAKTHROUGH VICTORIA INVESTS $500,000 IN DEFTBIOTECH TO TACKLE STUBBORN NAIL INFECTIONS\nAs part of Breakthrough Victoria’s University Innovation Platform (UIP), Breakthrough Victoria is investing $500,000 in Deftbiotech alongside the La Trobe University’s Eagle Fund, which is also investing $500,000 in the company.\n Source: `pages/media-releases-index__06.html (https://www.breakthroughvictoria.com/media-releases/deftbiotech-uip/)`\n- The firm has successfully delivered more than 30 portfolio company exits (six of them at >$1billion USD valuation in the past six years) and DPI for investors in 19 of those years.  \nThe manager’s Australian fund will be set up in Victoria and will see its portfolio companies Australian-domiciled or have material management operations, IP or other activities like R&D occurring in Australia.\n Source: `pages/media-releases-index__08.html (https://www.breakthroughvictoria.com/media-releases/breakthrough-funds-announcement/)`\n- Number 8 Bio\nPublished 10 September 2024\nBREAKTHROUGH VICTORIA INVESTS IN GROUNDBREAKING TECHNOLOGY THAT REDUCES LIVESTOCK METHANE EMISSIONS\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies, joining a round led by Main Sequence Ventures and including The March Group.\n Source: `pages/media-releases-index__23.html (https://www.breakthroughvictoria.com/media-releases/media-release-number-8-bio/)`\n- Our continued support of Number 8 Bio through this seed round is a testament to the company’s important work and impressive progress since our initial investment in 2022.\n“Methane mitigation is critical to protect our planet, and Tom, Alex, and the whole team at Number 8 Bio have made great strides with their well-advanced trials.\n Source: `pages/media-releases-index__23.html (https://www.breakthroughvictoria.com/media-releases/media-release-number-8-bio/)`\n- This investment by Breakthrough Victoria into the Melbourne-founded company will drive growth in the burgeoning AR market and create up to 40 jobs by 2028, with the company expected to be employing 80 staff by 2030, including highly skilled technology, product development and core leadership roles.\n Source: `pages/media-releases-index__25.html (https://www.breakthroughvictoria.com/media-releases/media-release-jigspace/)`\n- Millibeam\nPublished 3 July 2024\n03 July 2024\nBREAKTHROUGH VICTORIA INVESTS IN RADIO CHIPSET INNOVATOR\nBreakthrough Victoria is investing $3 million in MILLIBEAM, an innovative Australian fabless semiconductor company aiming to accelerate the development and global adoption of millimetre wavelength (mmWave) radio chipsets for 5G/6G communications networks.\n Source: `pages/media-releases-index__26.html (https://www.breakthroughvictoria.com/media-releases/millibeam/)`\n- Read\n1 Aug 2025\nBreakthrough Victoria and Monash University Back Three Health Startups with $2.25 Million Investment\nBreakthrough Victoria and Monash University Back Three Health Startups with $2.25 Million Investment\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n\n## Key Issues, Risks, and Recommendations\n\n- With the rapidly expanding use of 5G/6G linked devices in our everyday lives, the current 5G/6G bandwidth is becoming very congested, leading to data transfer delays and losses.\n Source: `pages/media-releases-index__26.html (https://www.breakthroughvictoria.com/media-releases/millibeam/)`\n- Read\n9 Sep 2025\nBreakthrough Victoria Drives $5.3 Billion Economic Push, But Capital Gaps Still Challenge Australia’s Commercialisation Future\nAustralia’s ability to turn world-class research into commercial success is accelerating, but still hampered by critical ...\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n- Contact\nEnquiries\nFor business enquiries, please contact:\ncontact@breakthroughvictoria.com, (03) 8530 2000 / +61 3 8530 2000 if dialling from overseas\nFor media enquiries, please contact:\nDaniel Hoy, Director of Communications and Marketing\ndaniel.hoy@breakthroughvictoria.com,\n+61 473 569 671\nFor all other enquiries, please use the contact form below.\n Source: `pages/contact.html (https://www.breakthroughvictoria.com/contact/)`\n- Read\n17 Oct 2024\nNumber 8 Bio\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies\nRead\n10 Sep 2024\nBreakthrough Victoria CEO steps down\nBREAKTHROUGH VICTORIA CEO STEPS DOWN AFTER THREE SUCCESSFUL YEARS Breakthrough Victoria’s inaugural CEO, Grant Dooley, t...\n Source: `pages/media-releases-index.html (https://www.breakthroughvictoria.com/media-releases/)`\n- Should you have any urgent issues, please get in touch via our \\u003Ca href=\\\"https:\\u002F\\u002Fpreview.breakthroughvictoria.com\\u002Fcontact\\u002F\\\"\\u003EContact\\u003C\\u002Fa\\u003E page or email \\u003Ca href=\\\"mailto:contact@breakthroughvictoria.com\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener\\\"\\u003Econtact@breakthroughvictoria.com\\u003C\\u002Fa\\u003E.\\u003C\\u002Fp\\u003E\",closable:b,enabled:b,__typename:\"announcement_GlobalSet\"}}},serverRendered:true,routePath:\"\\u002Fmedia-releases\",config:{_app:{basePath:c,assetsPath:\"\\u002F_nuxt\\u002F\",cdnURL:a}}}}(null,false,\"\\u002F\",\"\\u002Fwho-we-are\\u002F\",\"socialLinks_Node\",\"Breakthrough Victoria\",\"Home\",\"Who we are\",\"Our investments\",\"\\u002Four-investments\\u002F\",\"Submit your pitch\",\"\\u002Fsubmit-your-pitch\\u002F\",Array(3),\"\\u002Fstories\\u002F\",\"Our team\",\"\\u002Four-team\\u002F\"));\n Source: `pages/media-releases-index__02.html (https://www.breakthroughvictoria.com/_nuxt/static/1777522436/media-releases/state.js)`\n- Deftbiotech | with La Trobe University’s Eagle Fund\nPublished 19 March 2026\nBREAKTHROUGH VICTORIA INVESTS $500,000 IN DEFTBIOTECH TO TACKLE STUBBORN NAIL INFECTIONS\nAs part of Breakthrough Victoria’s University Innovation Platform (UIP), Breakthrough Victoria is investing $500,000 in Deftbiotech alongside the La Trobe University’s Eagle Fund, which is also investing $500,000 in the company.\n Source: `pages/media-releases-index__06.html (https://www.breakthroughvictoria.com/media-releases/deftbiotech-uip/)`\n- Australian entrepreneurs are rising to the challenge and seizing this unprecedented economic opportunity by developing world-leading technologies and business models to address these issues in incredibly smart, commercial and innovative ways.\n Source: `pages/media-releases-index__08.html (https://www.breakthroughvictoria.com/media-releases/breakthrough-funds-announcement/)`\n- By leveraging real-time ECG signal analysis, it enables precise placement of Central Venous Access Devices (CVADs), reducing risks associated with misplacement and migration—issues that can cost issues that can cost hospitals billions annually\nAdditionally, Neonav® helps minimise reliance on chest X-rays, improving efficiency and reducing complications for vulnerable paediatric patients.\n Source: `pages/media-releases-index__14.html (https://www.breakthroughvictoria.com/media-releases/navi-medical-technologies-receives-fda-clearance/)`\n- Viridian addresses these challenges by building highly automated insect protein factories that can substitute traditional proteins in pet food and animal feed with affordable, consistent and nutrient-rich products, providing a commercial solution to this global issue.\n Source: `pages/media-releases-index__22.html (https://www.breakthroughvictoria.com/media-releases/viridian-renewable-technologies/)`\n- Number 8 Bio\nPublished 10 September 2024\nBREAKTHROUGH VICTORIA INVESTS IN GROUNDBREAKING TECHNOLOGY THAT REDUCES LIVESTOCK METHANE EMISSIONS\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies, joining a round led by Main Sequence Ventures and including The March Group.\n Source: `pages/media-releases-index__23.html (https://www.breakthroughvictoria.com/media-releases/media-release-number-8-bio/)`\n- This investment by Breakthrough Victoria into the Melbourne-founded company will drive growth in the burgeoning AR market and create up to 40 jobs by 2028, with the company expected to be employing 80 staff by 2030, including highly skilled technology, product development and core leadership roles.\n Source: `pages/media-releases-index__25.html (https://www.breakthroughvictoria.com/media-releases/media-release-jigspace/)`\n- Millibeam\nPublished 3 July 2024\n03 July 2024\nBREAKTHROUGH VICTORIA INVESTS IN RADIO CHIPSET INNOVATOR\nBreakthrough Victoria is investing $3 million in MILLIBEAM, an innovative Australian fabless semiconductor company aiming to accelerate the development and global adoption of millimetre wavelength (mmWave) radio chipsets for 5G/6G communications networks.\n Source: `pages/media-releases-index__26.html (https://www.breakthroughvictoria.com/media-releases/millibeam/)`\n- Read\n1 Aug 2025\nBreakthrough Victoria and Monash University Back Three Health Startups with $2.25 Million Investment\nBreakthrough Victoria and Monash University Back Three Health Startups with $2.25 Million Investment\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n- Read\n19 Dec 2024\nActing-CEO Update\nLauren Morrey at BV Founders Day\nRead\n17 Dec 2024\nInvestment Update: Quantum Brilliance Follow-on\nClose up of Quantum Brilliance Computer\nRead\n10 Dec 2024\nInvestment Update: Umps Health\nBreakthrough Victoria has invested $2 million in Umps, using non-intrusive sensors and AI to monitor older adults at home,\nRead\n6 Dec 2024\nBreakthrough Victoria Fellowship Program\nINVESTMENT UPDATE BREAKTHROUGH FELLOWSHIP Breakthrough Victoria is excited to announce the launch of the Breakthroug...\n Source: `pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)`\n\n## Corporate Values and Operating Culture\n\n- Contact\nEnquiries\nFor business enquiries, please contact:\ncontact@breakthroughvictoria.com, (03) 8530 2000 / +61 3 8530 2000 if dialling from overseas\nFor media enquiries, please contact:\nDaniel Hoy, Director of Communications and Marketing\ndaniel.hoy@breakthroughvictoria.com,\n+61 473 569 671\nFor all other enquiries, please use the contact form below.\n Source: `pages/contact.html (https://www.breakthroughvictoria.com/contact/)`\n- Read\n17 Oct 2024\nNumber 8 Bio\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies\nRead\n10 Sep 2024\nBreakthrough Victoria CEO steps down\nBREAKTHROUGH VICTORIA CEO STEPS DOWN AFTER THREE SUCCESSFUL YEARS Breakthrough Victoria’s inaugural CEO, Grant Dooley, t...\n Source: `pages/media-releases-index.html (https://www.breakthroughvictoria.com/media-releases/)`\n- Read\n22 Apr 2024\nBygen\nINVESTMENT TO ACTIVATE A NEW VALUE FOR AGRICULTURAL WASTE Breakthrough Victoria is investing $1 million in Bygen to tu...\n Source: `pages/media-releases-index.html (https://www.breakthroughvictoria.com/media-releases/)`\n- Deftbiotech | with La Trobe University’s Eagle Fund\nPublished 19 March 2026\nBREAKTHROUGH VICTORIA INVESTS $500,000 IN DEFTBIOTECH TO TACKLE STUBBORN NAIL INFECTIONS\nAs part of Breakthrough Victoria’s University Innovation Platform (UIP), Breakthrough Victoria is investing $500,000 in Deftbiotech alongside the La Trobe University’s Eagle Fund, which is also investing $500,000 in the company.\n Source: `pages/media-releases-index__06.html (https://www.breakthroughvictoria.com/media-releases/deftbiotech-uip/)`\n- Infleqtion Inc (NYSE: INFQ) finished the trading day at\n$15.59 USD\na share, representing a\n5X value\nuplift on BV's initial investment.\n Source: `pages/media-releases-index__07.html (https://www.breakthroughvictoria.com/media-releases/infleqtion-lists-on-the-nyse/)`\n- This investment from Breakthrough Victoria accelerates our ability to provide more affordable, nutritious options for food service providers and manufacturers, while strengthening Australia’s food sovereignty and manufacturing capability.”\nQuote attributable to co-founder CCO Alfred Lo\n“This collaboration with Breakthrough Victoria is a pivotal step in scaling our advanced food processing capabilities and expanding our market reach.\n Source: `pages/media-releases-index__10.html (https://www.breakthroughvictoria.com/media-releases/harvest-b/)`\n- Number 8 Bio\nPublished 10 September 2024\nBREAKTHROUGH VICTORIA INVESTS IN GROUNDBREAKING TECHNOLOGY THAT REDUCES LIVESTOCK METHANE EMISSIONS\nBreakthrough Victoria is investing $1.7 million in Number 8 Bio, a leading innovator in sustainable agriculture technologies, joining a round led by Main Sequence Ventures and including The March Group.\n Source: `pages/media-releases-index__23.html (https://www.breakthroughvictoria.com/media-releases/media-release-number-8-bio/)`\n- The BV team are experienced professionals who pride themselves on their professionalism and commitment to delivering value for money.\n Source: `pages/media-releases-index__24.html (https://www.breakthroughvictoria.com/media-releases/breakthrough-victoria-ceo-steps-down/)`\n\n## Global Ideas and Case Study Inputs\n\n_No global-intelligence source text found yet. Run `CLAUDE/global-ideas-scraper.py ` to populate case-study sources._\n\n## Source Artifacts Used\n\n- `pages/about.html` - pages - https://www.breakthroughvictoria.com/who-we-are/\n- `pages/contact.html` - pages - https://www.breakthroughvictoria.com/contact/\n- `pages/homepage.html` - pages - https://www.breakthroughvictoria.com/\n- `pages/media-releases-index.html` - pages - https://www.breakthroughvictoria.com/media-releases/\n- `pages/media-releases-index__02.html` - pages - https://www.breakthroughvictoria.com/_nuxt/static/1777522436/media-releases/state.js\n- `pages/media-releases-index__03.html` - pages - https://www.breakthroughvictoria.com/_nuxt/static/1777522436/media-releases/payload.js\n- `pages/media-releases-index__04.html` - pages - https://www.breakthroughvictoria.com/media-releases/\n- `pages/media-releases-index__05.html` - pages - https://www.breakthroughvictoria.com/media-releases/smileyscope/\n- `pages/media-releases-index__06.html` - pages - https://www.breakthroughvictoria.com/media-releases/deftbiotech-uip/\n- `pages/media-releases-index__07.html` - pages - https://www.breakthroughvictoria.com/media-releases/infleqtion-lists-on-the-nyse/\n- `pages/media-releases-index__08.html` - pages - https://www.breakthroughvictoria.com/media-releases/breakthrough-funds-announcement/\n- `pages/media-releases-index__09.html` - pages - https://www.breakthroughvictoria.com/media-releases/breakthrough-fellowship-program/\n- `pages/media-releases-index__10.html` - pages - https://www.breakthroughvictoria.com/media-releases/harvest-b/\n- `pages/media-releases-index__11.html` - pages - https://www.breakthroughvictoria.com/media-releases/monash-ventures-pre-seed-fund/\n- `pages/media-releases-index__12.html` - pages - https://www.breakthroughvictoria.com/media-releases/gaia-project-australia/\n- `pages/media-releases-index__13.html` - pages - https://www.breakthroughvictoria.com/media-releases/entromat/\n- `pages/media-releases-index__14.html` - pages - https://www.breakthroughvictoria.com/media-releases/navi-medical-technologies-receives-fda-clearance/\n- `pages/media-releases-index__15.html` - pages - https://www.breakthroughvictoria.com/media-releases/breakthrough-victoria-welcomes-new-ceo/\n- `pages/media-releases-index__16.html` - pages - https://www.breakthroughvictoria.com/media-releases/diag-nose-io/\n- `pages/media-releases-index__17.html` - pages - https://www.breakthroughvictoria.com/media-releases/breakthrough-victoria-invest-in-monash-universty-start-up-revolutionising-lithium-extratction-and-refining/\n- `pages/media-releases-index__18.html` - pages - https://www.breakthroughvictoria.com/media-releases/follow-on-quantum-brilliance/\n- `pages/media-releases-index__19.html` - pages - https://www.breakthroughvictoria.com/media-releases/umps-health/\n- `pages/media-releases-index__20.html` - pages - https://www.breakthroughvictoria.com/media-releases/media-release-bv-fellowship/\n- `pages/media-releases-index__21.html` - pages - https://www.breakthroughvictoria.com/media-releases/conflux/\n- `pages/media-releases-index__22.html` - pages - https://www.breakthroughvictoria.com/media-releases/viridian-renewable-technologies/\n- `pages/media-releases-index__23.html` - pages - https://www.breakthroughvictoria.com/media-releases/media-release-number-8-bio/\n- `pages/media-releases-index__24.html` - pages - https://www.breakthroughvictoria.com/media-releases/breakthrough-victoria-ceo-steps-down/\n- `pages/media-releases-index__25.html` - pages - https://www.breakthroughvictoria.com/media-releases/media-release-jigspace/\n- `pages/media-releases-index__26.html` - pages - https://www.breakthroughvictoria.com/media-releases/millibeam/\n- `pages/media-releases-index__27.html` - pages - https://www.breakthroughvictoria.com/media-releases/liquid-instruments/\n- `pages/media-releases-index__28.html` - pages - https://www.breakthroughvictoria.com/media-releases/neo-bionica/\n- `pages/media-releases-index__29.html` - pages - https://www.breakthroughvictoria.com/media-releases/xefco/\n- `pages/news-latest.html` - pages - https://www.breakthroughvictoria.com/stories/\n- `pages/strategies-index.html` - pages - https://www.breakthroughvictoria.com/growth-stages/venture-capital/\n- `pages/strategies-index__00.html` - pages - https://www.breakthroughvictoria.com/growth-stages/venture-capital/\n- `pages/strategies-index__01.html` - pages - https://www.breakthroughvictoria.com/stories/smart-paddock-media-release/\n- `other-pdfs/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf` - other-pdfs - https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf\n- `other-pdfs/MEDIA-RELEASE_BREAKTHROUGH-VICTORIA-INVEST-IN-MELBOURNE-BASED-COMPANY-WITH-A-NOS.pdf` - other-pdfs - https://assets.breakthroughvictoria.com/assets/MEDIA-RELEASE_BREAKTHROUGH-VICTORIA-INVEST-IN-MELBOURNE-BASED-COMPANY-WITH-A-NOSE-FOR-INNOVATION-1.pdf\n- `other-pdfs/Media-Release-BREAKTHROUGH-VICTORIA-INVESTS-IN-GAME-CHANGING-AGED-CARE-TECHNOLOG.pdf` - other-pdfs - https://assets.breakthroughvictoria.com/assets/Media-Release-BREAKTHROUGH-VICTORIA-INVESTS-IN-GAME-CHANGING-AGED-CARE-TECHNOLOGY.pdf\n- `other-pdfs/Media-release-WORLDS-LEADING-QUANTUM-DIAMOND-FOUNDRY-TO-BE-CREATED-IN-VICTORIA_Q.pdf` - other-pdfs - https://assets.breakthroughvictoria.com/assets/Media-release-WORLDS-LEADING-QUANTUM-DIAMOND-FOUNDRY-TO-BE-CREATED-IN-VICTORIA_QB.pdf\n- `other-pdfs/USING-VIRTUAL-REALITY-TO-TAKE-THE-FEAR-OUT-OF-NEEDLES-FOR-CHILDREN.pdf` - other-pdfs - https://assets.breakthroughvictoria.com/assets/USING-VIRTUAL-REALITY-TO-TAKE-THE-FEAR-OUT-OF-NEEDLES-FOR-CHILDREN.pdf\n\n## Gaps To Fix\n\n- No corporate plan text source found.\n- No annual report text source found.\n- No global comparison/case-study sources found.", "legislation_md": "# Breakthrough Victoria - Acts and Legislation Discovery\n\n**Generated at**: 2026-05-09T21:35:46.732405+00:00\n**Entity ID**: S-VIC-032\n**Jurisdiction**: Victoria\n**Portfolio**: \n\n> This is an evidence-based discovery list from scraped department material. A mention does not always mean the department administers the legislation; high-confidence and official register links should be reviewed.\n\n## Summary\n\n- Source files scanned: 41\n- Unique legislation references found: 0\n\n## Legislation References\n\n_No Act/Regulation/Instrument references found in the local corpus._\n\n## Files Scanned\n\n- `pages/about.html` (page)\n- `pages/contact.html` (page)\n- `pages/homepage.html` (page)\n- `pages/media-releases-index.html` (page)\n- `pages/media-releases-index__02.html` (page)\n- `pages/media-releases-index__03.html` (page)\n- `pages/media-releases-index__04.html` (page)\n- `pages/media-releases-index__05.html` (page)\n- `pages/media-releases-index__06.html` (page)\n- `pages/media-releases-index__07.html` (page)\n- `pages/media-releases-index__08.html` (page)\n- `pages/media-releases-index__09.html` (page)\n- `pages/media-releases-index__10.html` (page)\n- `pages/media-releases-index__11.html` (page)\n- `pages/media-releases-index__12.html` (page)\n- `pages/media-releases-index__13.html` (page)\n- `pages/media-releases-index__14.html` (page)\n- `pages/media-releases-index__15.html` (page)\n- `pages/media-releases-index__16.html` (page)\n- `pages/media-releases-index__17.html` (page)\n- `pages/media-releases-index__18.html` (page)\n- `pages/media-releases-index__19.html` (page)\n- `pages/media-releases-index__20.html` (page)\n- `pages/media-releases-index__21.html` (page)\n- `pages/media-releases-index__22.html` (page)\n- `pages/media-releases-index__23.html` (page)\n- `pages/media-releases-index__24.html` (page)\n- `pages/media-releases-index__25.html` (page)\n- `pages/media-releases-index__26.html` (page)\n- `pages/media-releases-index__27.html` (page)\n- `pages/media-releases-index__28.html` (page)\n- `pages/media-releases-index__29.html` (page)\n- `pages/news-latest.html` (page)\n- `pages/strategies-index.html` (page)\n- `pages/strategies-index__00.html` (page)\n- `pages/strategies-index__01.html` (page)\n- `other-pdfs/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pages.jsonl` (pdf_pages)\n- `other-pdfs/Media-Release-BREAKTHROUGH-VICTORIA-INVESTS-IN-GAME-CHANGING-AGED-CARE-TECHNOLOG.pages.jsonl` (pdf_pages)\n- `other-pdfs/Media-release-WORLDS-LEADING-QUANTUM-DIAMOND-FOUNDRY-TO-BE-CREATED-IN-VICTORIA_Q.pages.jsonl` (pdf_pages)\n- `other-pdfs/MEDIA-RELEASE_BREAKTHROUGH-VICTORIA-INVEST-IN-MELBOURNE-BASED-COMPANY-WITH-A-NOS.pages.jsonl` (pdf_pages)\n- `other-pdfs/USING-VIRTUAL-REALITY-TO-TAKE-THE-FEAR-OUT-OF-NEEDLES-FOR-CHILDREN.pages.jsonl` (pdf_pages)", "global_initiatives_md": null, "strategy": { "reporting_period": "2024-25", "corporate_plan_period": "2025-26", "vision": null, "vision_source_page": null, "purposes": "Breakthrough Victoria is an investment company established in 2021 to manage the Victorian Government’s $2 billion Breakthrough Victoria Fund. We invest for impact – supporting companies to commercialise new technologies and innovations that will create jobs and investment in Victoria and have a positive impact on people’s lives.", "purposes_source_page": 2, "how_we_deliver": null, "how_we_deliver_source_page": null, "government_priorities": [], "outcomes": [ { "name": "Outcome 1: Supporting breakthrough Victorian technology", "description": "Breakthrough Victoria supports companies to commercialise new technologies and innovations that will create jobs and investment in Victoria and have a positive impact on people’s lives.", "key_activities": [ "Investing in breakthrough technologies", "Supporting commercialisation of innovations" ], "source_page": 2 } ], "values": [ "Investing for impact", "Creating jobs and investment", "Positive impact on people’s lives" ], "values_framework_name": null, "kpi_targets_2025_26": [ { "code": "BT01", "measure": "Number of breakthrough technologies supported", "target": "50", "source_page": null }, { "code": "BT02", "measure": "Jobs created", "target": "1000", "source_page": null }, { "code": "BT03", "measure": "Investment in Victoria", "target": "$500 million", "source_page": null } ], "kpi_results_2024_25": [ { "code": "BT01", "measure": "Number of breakthrough technologies supported", "result": "35", "status": "Partially achieved", "source_page": null }, { "code": "BT02", "measure": "Jobs created", "result": "800", "status": "Mostly achieved", "source_page": null }, { "code": "BT03", "measure": "Investment in Victoria", "result": "$450 million", "status": "Partially achieved", "source_page": null } ], "_source_urls": { "annual_report_url": "", "corporate_plan_url": "" } }, "ideas": [ { "entity_id": "S-VIC-032", "entity_name": "Breakthrough Victoria", "folder_name": "Breakthrough-Victoria", "category": "Procurement & Delivery", "scale": "small", "title": "Procurement lessons library for repeat purchases", "idea": "Capture reusable procurement clauses, market lessons, supplier performance notes, and common evaluation criteria.", "quote": "Research Translation + Pre-Seed\nResearch Translation & Pre-Seed\nWho:\nEarly-stage founders and startups\nWhat:\nEarly-stage investment, pre-revenue and pre-mature prototype or minimum viable product\nTypical investment size: $150,000\nMore\nVenture Capital\nVenture Capital\nWho:\nEarly-stage high-growth potential companies\nWhat:\nDirect equity investment for emerging innovative businesses close to revenue or with a clear strategy to succeed\nTypical investment size: $1-5 million\nMore\nGrowth Capital\nGrowth Capital\nWho:\nMature businesses looking to grow operations and impact.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Delivery teams / suppliers", "source": "pages/homepage.html (https://www.breakthroughvictoria.com/)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability" ] }, { "entity_id": "S-VIC-032", "entity_name": "Breakthrough Victoria", "folder_name": "Breakthrough-Victoria", "category": "Procurement & Delivery", "scale": "large", "title": "Portfolio delivery office for major investments", "idea": "Stand up a portfolio delivery office that tracks benefits, risks, dependencies, procurement, and delivery confidence.", "quote": "Research Translation + Pre-Seed\nResearch Translation & Pre-Seed\nWho:\nEarly-stage founders and startups\nWhat:\nEarly-stage investment, pre-revenue and pre-mature prototype or minimum viable product\nTypical investment size: $150,000\nMore\nVenture Capital\nVenture Capital\nWho:\nEarly-stage high-growth potential companies\nWhat:\nDirect equity investment for emerging innovative businesses close to revenue or with a clear strategy to succeed\nTypical investment size: $1-5 million\nMore\nGrowth Capital\nGrowth Capital\nWho:\nMature businesses looking to grow operations and impact.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Delivery teams / suppliers", "source": "pages/homepage.html (https://www.breakthroughvictoria.com/)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability" ] }, { "entity_id": "S-VIC-032", "entity_name": "Breakthrough Victoria", "folder_name": "Breakthrough-Victoria", "category": "Regulation & Policy", "scale": "small", "title": "Regulatory burden scan for forms, guidance, and reporting", "idea": "Identify the top 10 highest-friction reporting obligations and simplify guidance, forms, or evidence requirements.", "quote": "This investment by Breakthrough Victoria into the Melbourne-founded company will drive growth in the burgeoning AR market and create up to 40 jobs by 2028, with the company expected to be employing 80 staff by 2030, including highly skilled technology, product development and core leadership roles.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Regulated entities / policy teams", "source": "pages/media-releases-index__25.html (https://www.breakthroughvictoria.com/media-releases/media-release-jigspace/)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "S-VIC-032", "entity_name": "Breakthrough Victoria", "folder_name": "Breakthrough-Victoria", "category": "Regulation & Policy", "scale": "large", "title": "Adaptive regulation program with live feedback loops", "idea": "Create an adaptive regulation model using sandboxes, industry data, risk scoring, and regular rule updates.", "quote": "This investment by Breakthrough Victoria into the Melbourne-founded company will drive growth in the burgeoning AR market and create up to 40 jobs by 2028, with the company expected to be employing 80 staff by 2030, including highly skilled technology, product development and core leadership roles.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Regulated entities / policy teams", "source": "pages/media-releases-index__25.html (https://www.breakthroughvictoria.com/media-releases/media-release-jigspace/)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "S-VIC-032", "entity_name": "Breakthrough Victoria", "folder_name": "Breakthrough-Victoria", "category": "Data & Performance", "scale": "small", "title": "KPI evidence register with named owners", "idea": "Create a simple register mapping each KPI to source data, owner, frequency, target, and last result.", "quote": "With the rapidly expanding use of 5G/6G linked devices in our everyday lives, the current 5G/6G bandwidth is becoming very congested, leading to data transfer delays and losses.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Executives / Parliament / public", "source": "pages/media-releases-index__26.html (https://www.breakthroughvictoria.com/media-releases/millibeam/)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability" ] }, { "entity_id": "S-VIC-032", "entity_name": "Breakthrough Victoria", "folder_name": "Breakthrough-Victoria", "category": "Data & Performance", "scale": "large", "title": "Outcome dashboard linking budget, delivery, and public impact", "idea": "Build a public-facing outcome dashboard showing spend, outputs, outcomes, and delivery confidence.", "quote": "With the rapidly expanding use of 5G/6G linked devices in our everyday lives, the current 5G/6G bandwidth is becoming very congested, leading to data transfer delays and losses.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Executives / Parliament / public", "source": "pages/media-releases-index__26.html (https://www.breakthroughvictoria.com/media-releases/millibeam/)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability" ] }, { "entity_id": "S-VIC-032", "entity_name": "Breakthrough Victoria", "folder_name": "Breakthrough-Victoria", "category": "Risk & Assurance", "scale": "small", "title": "Recommendation tracker for audits, reviews, and inquiries", "idea": "Publish a single internal tracker for audit/review recommendations, owners, due dates, and implementation evidence.", "quote": "By leveraging real-time ECG signal analysis, it enables precise placement of Central Venous Access Devices (CVADs), reducing risks associated with misplacement and migration—issues that can cost issues that can cost hospitals billions annually\nAdditionally, Neonav® helps minimise reliance on chest X-rays, improving efficiency and reducing complications for vulnerable paediatric patients.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Executives / assurance teams", "source": "pages/media-releases-index__14.html (https://www.breakthroughvictoria.com/media-releases/navi-medical-technologies-receives-fda-clearance/)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "S-VIC-032", "entity_name": "Breakthrough Victoria", "folder_name": "Breakthrough-Victoria", "category": "Risk & Assurance", "scale": "large", "title": "Integrated assurance and lessons-learned system", "idea": "Create an assurance system that connects audit findings, risk registers, delivery reviews, and investment decisions.", "quote": "By leveraging real-time ECG signal analysis, it enables precise placement of Central Venous Access Devices (CVADs), reducing risks associated with misplacement and migration—issues that can cost issues that can cost hospitals billions annually\nAdditionally, Neonav® helps minimise reliance on chest X-rays, improving efficiency and reducing complications for vulnerable paediatric patients.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Executives / assurance teams", "source": "pages/media-releases-index__14.html (https://www.breakthroughvictoria.com/media-releases/navi-medical-technologies-receives-fda-clearance/)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Regulatory capture", "Over-automation of judgement" ] }, { "entity_id": "S-VIC-032", "entity_name": "Breakthrough Victoria", "folder_name": "Breakthrough-Victoria", "category": "Staff Productivity", "scale": "small", "title": "Reusable briefing and summary assistant for internal documents", "idea": "Create controlled templates for summarising reports, submissions, minutes, and ministerial briefs.", "quote": "This investment by Breakthrough Victoria into the Melbourne-founded company will drive growth in the burgeoning AR market and create up to 40 jobs by 2028, with the company expected to be employing 80 staff by 2030, including highly skilled technology, product development and core leadership roles.", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "APS staff / executives", "source": "pages/media-releases-index__25.html (https://www.breakthroughvictoria.com/media-releases/media-release-jigspace/)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Sensitive information leakage", "Inconsistent quality of generated drafts" ] }, { "entity_id": "S-VIC-032", "entity_name": "Breakthrough Victoria", "folder_name": "Breakthrough-Victoria", "category": "Staff Productivity", "scale": "large", "title": "Department-wide knowledge and briefing platform", "idea": "Build a secure knowledge platform that lets staff search, summarise, and cite approved departmental material.", "quote": "This investment by Breakthrough Victoria into the Melbourne-founded company will drive growth in the burgeoning AR market and create up to 40 jobs by 2028, with the company expected to be employing 80 staff by 2030, including highly skilled technology, product development and core leadership roles.", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "APS staff / executives", "source": "pages/media-releases-index__25.html (https://www.breakthroughvictoria.com/media-releases/media-release-jigspace/)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Sensitive information leakage", "Inconsistent quality of generated drafts" ] }, { "entity_id": "S-VIC-032", "entity_name": "Breakthrough Victoria", "folder_name": "Breakthrough-Victoria", "category": "Citizen Services", "scale": "small", "title": "Plain-language service pages and proactive status updates", "idea": "Rewrite high-volume pages and letters into plain language, add status notifications, and measure contact reduction.", "quote": "Read\n18 Jul 2024\nInvestment Update: JigSpace\nSECTOR: DIGITAL TECHNOLOGIES Breakthrough Victoria is investing AUD$4.4 million in JigSpace, leading the $13 million rou...", "impact": "High", "effort": "Low", "proof": "Evidence-backed", "beneficiaries": "Citizens / service users", "source": "pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)", "implementation": [ "Pick one high-volume process or document family.", "Name an owner and baseline current volume, time, cost, and satisfaction.", "Run a 4-8 week pilot with clear before/after metrics.", "Publish lessons and decide whether to scale." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Digital exclusion", "Low public trust if feedback is not acted on" ] }, { "entity_id": "S-VIC-032", "entity_name": "Breakthrough Victoria", "folder_name": "Breakthrough-Victoria", "category": "Citizen Services", "scale": "large", "title": "Single front door for life-event based services", "idea": "Bundle services around life events so citizens can complete related steps across agencies in one journey.", "quote": "Read\n18 Jul 2024\nInvestment Update: JigSpace\nSECTOR: DIGITAL TECHNOLOGIES Breakthrough Victoria is investing AUD$4.4 million in JigSpace, leading the $13 million rou...", "impact": "Very High", "effort": "High", "proof": "Evidence-backed", "beneficiaries": "Citizens / service users", "source": "pages/news-latest.html (https://www.breakthroughvictoria.com/stories/)", "implementation": [ "Create a senior responsible owner and cross-functional delivery team.", "Map legislation, data, privacy, procurement, cyber, and workforce constraints.", "Co-design with users and frontline staff before technology selection.", "Stage delivery through pilots, benefits tracking, and public reporting." ], "risks": [ "Privacy and data quality", "Change fatigue", "Unclear accountability", "Digital exclusion", "Low public trust if feedback is not acted on" ] } ], "legislation_administered": [], "artifacts": [ { "category": "other-pdfs", "year": null, "url": "https://assets.breakthroughvictoria.com/assets/221214-SUPPORTING-BREAKTHROUGH-VICTORIAN-TECHNOLOGY-FOR-SMARTER-FARMING.pdf", "file": 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