Radium Capital has surpassed $1 billion in innovation funding, persevering with to guide the cost in powering Australian analysis and improvement (R&D) via R&D lending.

Since 2017, Radium Capital has supplied greater than $1 billion to over 1,000 corporations endeavor analysis and improvement (R&D) by way of Radium Advances, which permit corporations to entry their R&D Tax Incentive (R&DTI) refunds early.

Managing Director Jeremy Loftus (pictured) mentioned Radium’s funding milestone highlighted that R&D finance is a cornerstone of Australia’s innovation panorama. “For early-stage corporations R&D finance usually gives the funding spine,” Loftus mentioned.

“R&D finance is usually a sport changer for modern companies in any respect phases of improvement, from startups to ASX-listed corporations, offering a supply of non-dilutive funding that may be reinvested into R&D, used to clean money stream, and even place an organization for a capital increase,” Loftus mentioned.

West Australian Minister for Science and Innovation, Stephen Dawson, congratulated the Perth-founded enterprise on reaching the funding milestone.

“Radium Capital has performed a useful position in serving to many modern corporations navigate the world of accessing the funding they want,” Minister Dawson mentioned.

“Since 2017, companies from throughout industries similar to mining and medtech have benefitted from Radium Capital offering early entry to R&D funding. This has enabled them to maintain growing, using and commercialising their concepts right here in Australia.

“These companies are creating jobs, boosting the financial system and serving to resolve among the world’s hardest issues,” Minister Dawson added.

Loftus mentioned R&D lending had grow to be a driving power behind Australian innovation, with extra corporations strategically constructing R&D lending into their capital stack.

“A few of our purchasers search funding quarterly and even month-to-month to extend the quantity obtainable for R&D all year long, serving to them develop sooner and get their merchandise to market sooner,” Loftus mentioned.

“While you’re speaking about corporations doing medical trials, for instance, the money burn charge could be very excessive and R&D finance is a good way for them to maintain their trial program on monitor with out having to sacrifice fairness and with out having to attend as much as 18 months for the R&DTI refund to reach.”

“Corporations are basically gaining early entry to their very own cash to reinvest of their enterprise, and we’re proud to have the ability to say we’re supporting Australian innovators to carry world-changing services to market by giving them entry to funds when wanted.”

Sustainable mining-tech innovator ElectraLith CEO Charlie McGill mentioned Radium’s funding gave the corporate essential respiratory room whereas its Collection A funding spherical was being finalised.

“They helped us after we have been in a really tight state of affairs and thru that we have been in a position to hold the know-how progressing, and in the end hold the traders and companions completely happy,” McGill mentioned.

ElectraLith went on to lift A$27.5 million in an oversubscribed spherical and was named as one of many World Financial Discussion board’s high innovators in 2025 and one in all Australia’s high 100 innovators in The Australian’s annual checklist.

Loftus mentioned Radium prided itself on strengthening Australia’s innovation ecosystem with help and connections in addition to funding.

“R&D is usually a lonely street, and we work exhausting to attach founders with others on the identical journey, and to hyperlink them with companions within the ecosystem who may be capable to assist them,” he mentioned.

Cicada Improvements Group Government Influence and Ecosystems Sian Priest mentioned the deep-tech incubator appreciated partnering with Radium Capital.

“It’s wonderful to have an organisation that isn’t solely funding but additionally exhibiting up and supporting the ecosystem throughout Australia,” she mentioned.

“One billion {dollars} in funding is an unbelievable achievement. That funding is enabling innovators to do extra, sooner, and there are corporations that may not be right here right now with out them,” Priest mentioned.