Venture capital fund
Defence-tech focused fund founded by Steve Baxter, building a $60 million sector-focused fund.
Stories naming Beaten Zone Venture Partners. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
University of Sydney spin-out Deteqt, building diamond quantum chip magnetometers for defence and mining, closed a $5 million seed round led by Main Sequence.
Melbourne defence tech startup Arkeus raised $25M in a Series A led by QIC Ventures at a reported $100M valuation, funding Queensland manufacturing expansion.