Queensland Investment Corporation (QIC) is an Australian government-owned investment manager established in 1991 to manage capital for the Queensland Government. It invests across infrastructure, real estate, private equity, private debt, and liquid markets for institutional clients including sovereign wealth funds and superannuation funds, with over A$130 billion in assets under management.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 2 prior). Average disclosed round size is $136.2M (across 18 rounds with reported amounts).
Portfolio
20
Fund Size
—
Top Stage
Unknown
Last 12 Mo
1
Team
Nicola Palmer
Partner
Peggy Smyth
US Infrastructure Partner
Isabel Byrne, CFA
Investment Specialist
Steven Fletcher
Senior Manager Capital Transactions
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Kalfresh | Unknown | $80M | Feb 2026 |
 Impilo | Unknown | — | Jun 2025 |
 Tilt Renewables | Unknown | $750M | Jan 2025 |
 Renewa | Series D | $450M | Jan 2025 |
 Earthodic | Seed | $4M | Oct 2024 |
| EEnfinity Global Inc. | Unknown | — | Aug 2024 |
| GGilmour Space Technologies | Series D | $55M | Feb 2024 |
| Earthodic | Pre-Seed | $1.9M | May 2023 |
 Endua | Seed | — | May 2023 |
| Renewa | Series D | $450M | Jan 2023 |
 PayNearMe | Series D | $45M | Jan 2023 |
 PayNearMe | Series D | $45M | Jan 2023 |
 VALD | Unknown | $25M | Nov 2022 |
 Alation | Series E | $123M | Nov 2022 |
 Jacobi | Series A | $10M | Sep 2022 |
 Alation | Series E | $123M | Jan 2022 |
| AAlation Inc | Series E | $123M | Jan 2022 |
 Nexus Hospitals | Growth | — | Jun 2016 |
| PayNearMe | Series D | $45M | Jan 2013 |
 Cloud Sherpas | Seed | $40M | Dec 2012 |
 Hypersonix | Series B | $35M | — |
 Hypersonix Launch Systems | Series A | $46M | — |
 Pacific Energy | Unknown | — | — |
Top Co-Investors
Last updated: 7 October 2026