Ledger.

VC firm blog

Main Sequence

Everything we hold that Main Sequence published.

Articles

Every article we hold from Main Sequence.

Key hire

Main Sequence promotes Elaine Stead to Partner as firm builds toward Fund 4

Main Sequence announces Elaine Stead's promotion to Partner while preparing its fourth fund; CSIRO has lifted its commitment to the firm's Atmosphere pre-seed program, and two portfolio companies have reached unicorn status.

undisclosed $3m

Our investment in Facet Amtech: Rethinking how the world makes ammonia

Main Sequence explains its decision to back Facet Amtech again alongside Uniseed in a $3 million round, funding the startup's water-based ammonia catalyst work and its first pilot plant.

Also AgFunderNews·Dealroom

Pre-seed

Our investment in Breaker: Physical AI that Supercharges Teams and Missions

Main Sequence's blog post announces it led robotics software startup Breaker's pre-seed round, citing the founders' defence and robotics backgrounds and plans to expand the team and US presence.

Series A $27.5m

Our Investment in ElectraLith: Unlocking Lithium to Power the Energy Transition

Main Sequence's post on leading ElectraLith's $27.5m Series A with Chevron, IP Group and other co-investors, backing its technology that turns lithium-bearing brines into battery-ready hydroxide in one step.

Also Radium Capital·Radium Capital·SmartCompany·Startup Daily·SmartCompany·RenewEconomy·RenewEconomy

undisclosed

Our investment in Diraq: A step closer to reaching fault-tolerant applications

Main Sequence's post explains why the fund backed quantum computing company Diraq, citing its silicon qubit approach, a chip-production deal with Global Foundries, and prior investment from Quantonation.

Also Startup Daily·@AuManufacturing·SmartCompany·Startup Daily·Startup Daily·Startup Daily

3 deals

Main Sequence surpasses $1 billion funds under management for deep tech as it launches new Fund

Deep tech venture firm Main Sequence has reached an initial A$450 million close on its third fund, pushing money under management past A$1 billion; Hostplus, Temasek and CSIRO are among the backers.

Also SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·@AuManufacturing·Business News Australia·TechCrunch Venture

Key hire

Main Sequence announces new Partner, Gabrielle Munzer, to build companies with biology

Australia's Main Sequence fund promotes Gabrielle Munzer to Partner to lead its biotech push; the article also covers her finance background, the firm's company-building model, a UNSW accelerator, and recent diverse hires.

Fund close $250m

Fund 2 Announcement

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

Something wrong? Tell us