Main Sequence
Main Sequence hits first close of $450M AUD for its third deep tech fund
Main Sequence, an Australian venture capital firm, said Wednesday it has raised the $450 million AUD (approximately $303 million) first close of its third fund. The venture capital firm, founded…
Avarni is building a comprehensive dataset to analyze supply chain emissions
For companies aiming toward net zero, tracking scope 3 carbon emissions is a key challenge. Scope 3 are emissions along a supply and value chain, which means they have to…
ULUU believes the solution to the plastic crisis lies in the world’s oceans. The Australian startup uses seaweed to create a plastic alternative and is planning to launch its first…
Lumachain, using computer vision to transform meat production, bites into new capital
Lumachain’s goal is to solve some of the global meat industry’s key challenges, including employee shortages and supply chain disruptions.
Australian startup QuintessenceLabs grabs $25M to scale quantum-safe cybersecurity solutions
As computing power increases exponentially, the ability to secure our data against brute force and other types of attacks gets more complicated, with the scale and sophistication of cyberattacks continuing…
MGA Thermal raises $8M AUD led by Main Sequence for its modular energy storage blocks
MGA Thermal wants to help utility companies transition from fossil fuels to renewable energy sources with shoebox-sized thermal energy storage blocks. The company says a stack of 1,000 blocks is…
Endua creates hydrogen-powered clean energy storage, using tech from Australia’s national science agency
Hydrogen-based generators are an environmentally friendly alternative to ones powered by diesel fuel. But many rely on solar, hydro or wind power, which aren’t available all the time. Brisbane-based Endua…
Founded by Australia’s national science agency, Main Sequence launches $250M AUD deep tech fund
Main Sequence, the venture firm founded by Australia’s national science agency, announced today a new $250 million AUD (about $194.3 million USD) fund to invest in deep tech startups. This…