Partner, Main Sequence Ventures
Stories naming Martin Duursma. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Canberra startup Skykraft raised $120 million for its space-based air traffic management system, led by Foresight's Australian arm with Main Sequence Ventures and OPTrust, following an earlier $3.5 million round.
Canberra satellite firm Skykraft has raised $120 million to manage air traffic from space, with backing from Foresight Australia, OPTrust and Main Sequence; the round trails only Saluda Medical's this year.
Also Startup Daily·@AuManufacturing·proactiveinvestors.com·Startup Daily·SmartCompany·SmartCompany
Weekly roundup reporting eight Australian startups together raised $85.6 million across mining tech, cybersecurity, waste, energy storage, health and micromobility, plus a Google.org grant for Global Sisters.
Interview with Main Sequence partner Martin Duursma on Australia's late but accelerating space sector, his firm's space investments, sovereign capability, and portfolio companies Quasar and Gilmour Space.
Interview with Main Sequence partner Martin Duursma on why the deep-tech fund backs Australian space startups, the sector's commercial shift, and opportunities in satellites, launch and supporting software.
Brisbane hydrogen storage startup Endua has raised AUD 5 million from Main Sequence, CSIRO and Ampol to commercialise electrolysis technology developed at CSIRO, with Ampol as industry partner.
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Australia's Main Sequence has pulled in A$250 million for its second deep tech fund, with existing backers returning and a sharpened emphasis on decarbonisation investments.
Also TechCrunch Venture·TechCrunch Venture·SmartCompany·@AuManufacturing·Startup Daily·SmartCompany·TechCrunch Venture
Deep tech firm Advanced Navigation, based in Sydney, has secured $20m from CSIRO's venture arm Main Sequence plus two US funds; two investors take board seats. OIF backed it earlier.
Also OIF Ventures portfolio·SmartCompany·@AuManufacturing·SmartCompany·SmartCompany·SmartCompany·@AuManufacturing·Forbes Australia