How we think about Physical AI
Main Sequence sets out its investment thesis for physical AI, describing portfolio companies across robotics, vision, connectivity, compute and simulation, and recalling over $100 million invested since inception.
Company
Every investor coverage indicates participated in a round Data61 raised.
Companies Data61 acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Adrian Turner | CEO (former) | SmartCompany, Startup Daily |
| Charles Gretton | Data Scientist (former) | Blackbird Ventures portfolio |
| Matthew Robards | Data Scientist (former) | Blackbird Ventures portfolio |
| Menkes van den Briel | Data Scientist (former) | Blackbird Ventures portfolio |
Stories naming Data61. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Main Sequence sets out its investment thesis for physical AI, describing portfolio companies across robotics, vision, connectivity, compute and simulation, and recalling over $100 million invested since inception.
Weekly roundup of four Australian raises: HammerTech $105m led by Riverwood Capital, JigSpace $13m led by Breakthrough Victoria, ExoFlare's $5.3m seed, and Go Locum's $350,000 seed led by Paspalis.
ExoFlare, cofounded by ex-Data61 chief Adrian Turner, has banked $5.3 million in seed funding led by Salus Ventures to help food producers manage biosecurity risks.
Also SmartCompany
A roundup of Australian startups that raised funds in recent weeks: mx51, Refundid, Storipress, HIVERY, InternMatch, upcover, Pearler and Loopit together secured over $100 million despite a cooling venture market.
Also Cut Through Venture
Analysis of quantum computing's threat to cryptocurrency encryption, covering a quantum-safe token launch by Kaz and Quantum Assets, post-quantum blockchain research efforts, and QLabs' recently secured $25m investment funding.
Profile of ProofTec, a computer-vision platform that documents asset condition to attribute damage in rental, sharing and transport transactions, noting a planned investor raise and past CSIRO program acceptance and industry trials.
Blackbird announces it led an $8 million Series A in HIVERY, a Sydney AI startup optimising retail product placement for Walmart and Coca-Cola, co-founded by former Data61 data scientists.
Winners of the second annual Australian Angel Awards are announced, honouring Brisbane Angels as the busiest group, Scale Investors for the Trademark Vision exit, and Jordan Green as angel of the year.
Also Startup Daily
Coviu wins a $1.18 million CRC-P grant alongside CSIRO's Data 61, HFRC and UWA to develop its video-based physiotherapy analysis tool; the startup previously raised $1 million from Main Sequence Ventures.
Also Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily