Evergreen private investment firm Manifex has announced the opening of its second round of investment funding to help start-ups commercialise their hi-tech products.
Funding will be available to support companies that have developed technology in the advanced materials and advanced manufacturing sectors.
Manifex was established in early 2014 and to date has been working with companies being incubated and assisted by VCAMM, the Victorian Centre for Advanced Materials Manufacturing. VCAMM incubates companies and their technologies from very early conception through to investable businesses.
Manifex managing director, Iain Ralph, said its first round of investment is proving very successful and its Asian and local investors were now looking at more opportunities and ventures in which to invest.