Peter Devine
Former CEO at Uniseed
Peter Devine is the Chief Executive Officer at Uniseed, a venture fund operating at nine leading Australian universities and the CSIRO. With extensive experience in the commercialization of early-stage technologies, Peter has held senior R&D, business development, and commercialization positions in both Australian companies and universities. He has served on the boards of numerous start-ups that have collectively raised over AU$300 million, with several achieving deals worth over AU$2 billion. Notable successes include the sales of Fibrotech Therapeutics to Shire and Spinifex Pharmaceuticals to Novartis.Before joining Uniseed, Peter worked at four Australian biotechnology companies, including as Vice President of Business Development at Progen Industries Ltd and as Research, Development, and Commercialisation Manager at PanBio Pty Ltd. He also worked in tech transfer at UniQuest. Peter holds a PhD from the University of Queensland and an MBA from the Australian Graduate School of Management, where he received the Dean's Prize and the AGSM Alumni Scholarship. He was awarded the Centenary Medal in 2001 for his contributions to biotechnology and was named in the GUV Powerlist in 2018 as one of the top five people worldwide changing university venturing. He is a Graduate and Fellow of the Australian Institute of Company Directors and holds a Diploma of Financial Services and a Graduate Diploma in Applied Finance.
In their own words
From Peter Devine discusses his move to research commercialisation · The History of the Australian Startup Ecosystem - Interview SeriesIt's got to be something a customer needs, not something they want. It's got to be a need to have not a nice to have.
Career
- Now Former CEO · Uniseed
- Earlier Manager of innovation and commercial development · UniQuest
- Earlier Research, Development and Commercialisation Manager · PanBio Pty Ltd
- Earlier Vice President of Business Development · Progen Industries Ltd
Sources: cardihab.com
Key moments
Jump straight to the part of Peter Devine discusses his move to research commercialisation you want.
- 0:31 Meet Peter Devine
- 1:46 Peter's Transition from Research to Business
- 2:45 Insights on the Australian Startup Ecosystem
- 5:03 The Evolution of Uni Seed
- 7:50 Gaps in the Startup Ecosystem
- 10:14 Challenges with Deep Tech Funding
- 14:19 Advice for New Founders
- 18:49 Improving the Startup Community
- 20:57 Bottlenecks in Early and Expansion Capital
- 23:07 Pivotal Moments in the Australian Startup Ecosystem
Heard on
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▶ Uniseed on Day One
Uniseed is a unique commercialisation fund that invests in innovative technologies, helping researchers from partner research organizations turn their ideas into products… 1 person · 4 episodes → Connections
Adam SpencerHost, Documentary: The History Of The Australian Startup Ecosystem
Michael BatkoCEO, Hourglass AI
Wayne GerardFounder, Partner Ventures, Partner Ventures (Prtnr)
Petr AdámekCEO, Canberra Innovation Network (CBRIN)
Rohit BhargavaFounder & Director, Playbook Media, Playbook Media
Terry HilsbergPartner, Fork Ventures, Fork Ventures
Peter BraddChief Evangelist, Miro
Zrinka TokicDirector, ThincLab, Adelaide University, Adelaide University Spot something wrong? Suggest a correction Updated 25 September 2026
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