Melbourne, 3 November 2022 – Uniseed has led a $1.5M investment round in the Australian microscopy products company Tiny Bright Things (TBT) to transform the way researchers and manufacturers see and measure tiny or transparent objects.
Uniseed-managed funds invested $1.2 million, with the University of Melbourne (UoM) also participating. Uniseed’s Investment Manager, Paul Butler, is joining the Board of Directors of Tiny Bright Things.
Uniseed’s CEO, Dr Peter Devine, said “The potential to transform the microscopy sector through TBT’s Halo products is an exciting opportunity for Uniseed to invest in an early-stage deep technology invention from one of our Australian research partners.”
Professor James McCluskey, Deputy Vice Chancellor Research at the University of Melbourne, said: “Tiny Bright Things joins the University’s growing portfolio of startup companies and is a great example of how our increased investment enabling research impact through entrepreneurial pathways can really help researchers turn their discoveries and innovations into global success stories.”
TBT was founded in 2020 by long-time research collaborators Chris Bolton and Prof. Ray Dagastine at UoM who will drive their innovative Halo microscopy products to market. Co-founder and VP Software Engineering Bolton said, “Using a trick of the light, our Halo products enable seemingly impossible nanoimaging that’s lightning fast and easy to use,” referring to a hardware attachment that can convert almost any microscope into a nanoscope. “It is literally a quantum leap in microscopy. We are very pleased to be partnering with Uniseed as we bring this technology to market.”
TBT builds on research funded by the Australian Research Council through UoM and supported by the Australian Government through Accelerating Commercialisation, with support from UoM for prototype development and customer testing.
About Tiny Bright Things
Tiny Bright things is a microscopy products company transforming the way researchers and manufacturers see and measure tiny or transparent objects. By reimagining the way a scene is illuminated, their Halo microscopy products deliver “impossible” imaging and measurement down to the nanoscale as fast as you can take a picture, enabling whole new fields of discovery and supercharging manufacturing with real-time process insights. For more information about Tiny Bright Things, visit: https://tinybrightthings.com.
About the University of Melbourne
The University of Melbourne is a global leader in higher education where brilliant minds come together to address important questions and tackle grand challenges. We equip our students with a future-facing education, enriched by global perspectives. We engage our communities to ensure that education and research is inspired by need and for the benefit of society. The University of Melbourne has established and grown a vibrant and dynamic innovation ecosystem where big research ideas can grow into real-world initiatives, investing billions into research, world-class innovation precincts, entrepreneurial programs and accelerators. Visit https://unimelb.edu.au
For business, partnership and employment enquiries, or to schedule a media interview, please contact Ray Dagastine, CEO, Tiny Bright Things
+61 4 0305 3880
Uniseed is Australia’s longest running early-stage commercialisation fund that makes investments in research emanating from five of Australia’s leading research organisations – The University of Queensland, The University of Sydney, The University of New South Wales, The University of Melbourne and the CSIRO. Investment capital is also provided by UniSuper. The fund facilitates the commercialisation of its research partners’ most promising intellectual property and secures targeted investment in resulting products and technologies. For more information, visit: https://uniseed.com
For investment enquiries, please contact Paul Butler, Investment Manager, Uniseed firstname.lastname@example.org
+61 418 651 541