Uniseed
- 08/09/2022
- Series B
- $140,000,000
Uniseed is Australia’s longest-running venture fund, operating at the Universities of Melbourne, Queensland, Sydney & New South Wales, and the CSIRO, with investment capital provided by these research organisations and investment partners including a leading Australian Superannuation Fund, UniSuper.
We are a unique commercialisation fund helping researchers from our partner research organisations turn their ideas into products and services. We support innovations that solve market problems and create a positive impact for our community. Uniseed invests over a broad range of technology sectors and has exited ten investments, to date.
- Industry Venture Capital and Private Equity Principals
- Website https://uniseed.com/
- LinkedIn https://www.linkedin.com/company/uniseed/
Related People
Peter DevineFounder
Peter Devine is CEO of Uniseed and has extensive experience at board and executive management in the commercialisation of early stage technologies, having held senior R&D, business development and commercialisation positions in a number of Australian companies and Australian universities. He has served on the Board of numerous start-ups that have collectively raised over AU$300 million, with a number of these having done deals collectively worth over AU$1.75 Billion. Successes include Fibrotech Therapeutics' sale to Shire; Spinifex Pharmaceuticals sale to Novartis; Hatchtech's sale to Dr Reddy's; TenasiTech's sale to RTP Co; and ProGel's license with Bega Bionutrients.
Before joining Uniseed, Peter worked at 4 Australian biotechnology companies including Vice President of Business Development at Progen Industries Ltd and Research, Development and Commercialisation Manager at Brisbane-based PanBio Pty Ltd. He also worked in tech transfer at UniQuest. Prior to this, Peter had a distinguished career in academic research, being the recipient of a number of competitive grants, which resulted in numerous patents, publications and scientific presentations at conferences.
Peter holds a PhD from the University of Queensland and received the Dean's Prize and the AGSM Alumni Scholarship for his MBA Studies at the Australian Graduate School of Management. He received a Centenary Medal in 2001 for outstanding contribution to the business of biotechnology, and in 2018 was named in the GUV Powerlist as one of the top 5 people worldwide changing the face of university venturing. He is a Graduate and Fellow of the Australian Institute of Company Directors and holds a Diploma of Financial Services (Financial Markets) and a Graduate Diploma in Applied Finance from Kaplan Professional. In 2011 & 2012, Peter was named on the Kaplan High Achievers Honour Roll.