Queensland Government
1 William Street, Brisbane, Queensland, 4000, Australia
Overview
Queensland Government is the government of the Australian state of Queensland that supports the economic and social participation of culturally diverse communities across Queensland and provides whole-of-government leadership, coordination, and monitoring in policy, program, and service delivery for Aboriginal and Torres Strait Islander Queenslanders. The Constitution of Queensland establishes it, and the Constitution of Australia regulates its relationship with the Commonwealth. The Queensland Government provides support and advice for the Premier and Cabinet and leads the public sector in delivering the government’s priorities.
- Total investments
- 6
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- Communities
- Government
- Social
Investment portfolio
- The Laundry Lady
Participated · Seed · Aug 2025
The Laundry Lady operates a tech-enabled contractor marketplace and the TimeBoss platform, a one-stop suite for managing service businesses. Founded in 2012 by Susan Toft and long bootstrapped, it now serves customers across Australia and New Zealand through more than 375 home-based contractors. The business offers pickup and delivery laundry services to residential, business, NDIS and aged-care clients with online bookings and payments. The company plans international expansion into Canada and the United Kingdom and will use new capital to accelerate that offshore push. The raise will also fund enhancements to the TimeBoss platform, including mobile apps, AI tools and advanced segmentation capabilities. The business emphasizes flexible income opportunities predominantly for women and has received government support that underscores alignment with women-led startup initiatives.
- PsiQuantum
Led · Equity · Apr 2024
Founded in 2016, PsiQuantum develops photonic quantum computers and fabricates its chips with GlobalFoundries in New York. The company pursues a photonics-based architecture intended to address scalability for industrial-scale quantum machines. PsiQuantum has stated a goal of operating its first commercial‑scale machine around 2030. Financially, it raised $1.0 billion at a $7.0 billion valuation in a round led by BlackRock, Temasek and Baillie Gifford, with participation from Nvidia’s venture arm, and it has secured multiple government engagements including DARPA awards and potential CHIPS support. Recent corporate changes include naming Victor Peng as permanent CEO and adding Intel CEO Lip‑Bu Tan to the board, alongside new hires from Sandisk and Synopsys. The company’s near-term roadmap and technology will be externally evaluated under DARPA’s program, which aims to determine viability toward a 2033 industrial-scale target.
- Gilmour Space Technologies
Participated · Grant · Jun 2023
Gilmour Space Technologies is a Queensland-based launch vehicle and satellite manufacturer focused on providing domestic and international access to space. Its core product is the Eris small launch vehicle, which completed an inaugural flight in July but failed 14 seconds after liftoff due to an engine issue the team is now addressing. The company also manufactures spacecraft and placed its first satellite, ElaraSat, into orbit via a SpaceX rideshare mission in June 2025. Fueled by rising demand for sovereign launch capabilities, the firm intends to scale production of both rockets and satellites while preparing a second Eris launch attempt targeted for 2026. Management reports a workforce of more than 220 employees and plans to hire aggressively with new capital. The latest raise pushes Gilmour’s valuation above US$1 billion, making it Australia’s first space-technology “unicorn.”
- Kapiche
Participated · Equity · Sep 2019
Kapiche is an Australian startup that provides an AI-powered text analytics software platform. Its platform analyzes large volumes of text from customer and employee survey responses and product reviews, extracting insights from NPS, eNPS and CSAT feedback. Customers include American Express, Nissan, Toyota, Schindler and a Silicon Valley social networking app. In March 2019 the company raised $1.75M in funding led by Main Sequence Ventures, with participation from Transition Level Investments, the Queensland Government's Business Development Fund and River City Labs Accelerator Fund. Kapiche intends to use the proceeds to accelerate its global expansion. Co-founded by Kris Rogers and CEO Ryan Stuart, the company will deploy the capital to scale its platform and grow its customer base.
- Redeye
Participated · Series B · Nov 2018
RedEye develops SaaS solutions spanning the full asset-management lifecycle, including an asset management platform and a drawing and data management tool to collect, manage and share engineering information. Its products serve clients across industries such as oil and gas and healthcare, and the company counts customers including BHP, Snowy Hydro and SA Power Networks. Founded in 2012 and headquartered in Brisbane, RedEye has a team of about 70 spread across Brisbane, Manila and Las Vegas and says it expects headcount to double over the next 12 months. The Series B funding will be used to grow the business internationally, with an explicit focus on scaling in the US. Management said they deliberately sought an international investor with domain expertise and a network aligned to their growth goals.