Raising in Wollongong
Investors based here, and the programs that take teams at your stage.
Get investor introsThe City of Wollongong describes Wollongong as the regional capital of Illawarra-Shoalhaven. Its Economic Development Strategy 2025–2035 sets a target of 20,500 net additional jobs by 2035. [109965]
The City of Wollongong describes Wollongong as the regional capital of Illawarra-Shoalhaven. Its Economic Development Strategy 2025–2035 sets a target of 20,500 net additional jobs by 2035. [109965]
The University of Wollongong reported that its alumni-founded startup Industry Spec Drones was an iAccelerate resident and received a $1 million federal innovation grant in 2020 for shipping-container biosecurity sensing. UOW also described MOSkin as a medical radiation-sensor spinout based on university research, reporting multi-country clinical tests and an exclusive global license to Electrogenics in 2019. [109967, 109968]
SMBtech reported in August 2026 that UOW-origin green hydrogen company Hysata, founded in 2021, had raised $220 million in private capital and employed 130 people at its Port Kembla headquarters. The same report said Hysata had a binding order for a megawatt-scale system for delivery in 2027 and was conducting a six-month trial with ACWA Power in Jeddah. These are publisher-reported figures and milestones. [109969, 109970]
Startup ecosystem standing
| Ranking | Edition | Position | Since last edition | Trust | What it measures |
|---|---|---|---|---|---|
| 2025 | #504 | No prior edition | B | Ecosystem, Activity, Finance, Business Climate |
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Start scoutingFrom public sources
SMBtech reported in August 2026 that the UOW spinout had raised $220 million privately and employed 130 people at its Port Kembla headquarters; these are publisher-reported figures.
Source: UOW Hydrogen Spin-Out Hysata Named National Finalist For Research CommercialisationUOW described MOSkin as its medical radiation-sensor spinout, with clinical testing in four regions and an exclusive global license granted to Electrogenics.
Source: UOW spinout MOSkin makes radiation therapy saferUOW reported that its alumni-founded iAccelerate resident Industry Spec Drones won a $1 million federal innovation grant in 2020 for container biosecurity technology.
Source: UOW graduate-led start up awarded $1million in federal grantsThe City frames Wollongong as the Illawarra-Shoalhaven regional capital and sets a 20,500 net additional jobs target by 2035 in its economic strategy.
Source: Business in WollongongIts best position is #504 in StartupBlink Index (cities) (2025).
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