Professor Jim Rabeau

Seven ANZ startups that raised $71.8 million this week

Weekly roundup covering seven raises across the Tasman: Phonely's Series A, Pay.com.au's private placement, and rounds for Atomic Tessellator, Caruso, Deteqt, Clean Slate Clinic and Earthletica, worth roughly $72 million combined.

Also crane.vc

Our investment in Deteqt: When physics becomes perception

Main Sequence reflects on its early backing of Deteqt through its Atmosphere platform, describing the startup's diamond-based quantum magnetic sensing chip and its case that machines need better ways to perceive their surroundings.

University of Sydney quantum sensing spinout lands $750,000 pre-Seed

University of Sydney spinout DeteQt raised $750,000 pre-seed from Main Sequence Ventures and ATP Fund, appointed Rupal Ismin COO, and counts a $3 million defence contract as first revenue.

Also Forbes Australia·Startup Daily·Startup Daily·SmartCompany·Forbes Australia

Quantum Australia Conference 2023

Breakthrough Victoria's technology director writes on quantum trends from the Sydney conference, noting the firm's earlier investments in Infleqtion and Quantum Brilliance and Infleqtion Australia's launch under a new president.