Startup Fantastic Example Raises Millions for Innovators

Sunshine Coast Council

Founded by Alex Knight, a former Coolum State High and Sunshine Coast Grammar student, Advanced is a strategic capital firm providing flexible research and development (R&D) finance, within days to Australian innovators.

Advanced is a remote-first business that operates across the region, including in shared offices like Salty Spaces in Mooloolaba.

Alex Knight returned to the Sunshine Coast three years ago to raise his family and build a business committed to accelerating innovation and making a positive impact across Australia.

Now, with $25 million in funding, Advanced is helping startups and innovative companies unlock fast, flexible capital through R&D finance - a loan secured against a company's future R&D Tax Incentive refund.

Advanced has already provided more than 50 finance loans to companies, including local success story Coach Welly.

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