Invest Victoria
121 Exhibition Street, Melbourne, Victoria, 3000, Australia
Overview
Invest Victoria is the State Government of Victoria's investment attraction agency, fostering long term economic prosperity by enabling business opportunities and job creation for Victoria. Invest Victoria is part of the State Government of Victoria's Department of Treasury and Finance (DTF), reporting to the Minister for Economic Development. It is responsible for: - Leading new entrant Foreign Direct Investment and investment opportunities of state significance - Enhancing the business investment environment - Developing and providing whole-of-government levers (such as facilitation services) - Strengthening the governance of investment attraction activities and providing central coordination for the State’s investment pipeline, including leading a whole-of-government investment committee
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Government
Investment portfolio
- Niricson
Participated · Series A · Aug 2023
Niricson, founded in 2020 and based in Canada, digitizes critical infrastructure inspections using robotics, computer vision, acoustics, and machine learning. Its products AUTOSPEX™ and DRONIC™ provide multi-layered defect visualization and predictive maintenance insights for dams, bridges, runways, tunnels and other civil assets. The company serves more than 20 large customers globally, including utilities, governments, and engineering firms, helping them improve safety, decision-making, and maintenance programs. With the Series A funding, Niricson plans to expand its global footprint to make inspections safer, faster, and more efficient. It also intends to accelerate R&D to develop an AI-driven predictive analytics SaaS platform dedicated to managing critical infrastructure assets. The new capital is aimed at scaling operations, product development, and market deployment.
Team
Danni Jarrett
CEO
LinkedIn