Venture capital fund · 2 deals

ATP Fund

Austin, OS

Disclosed deals

Every published round ATP Fund took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.

Company	Stage	Announced	Amount	Role	Alongside	Sources
Deteqt	Seed	4 Aug 2026	$5m	Participant	Main Sequence Ventures Uniseed Beaten Zone Venture Partners The University of Sydney BOKA Capital University of Sydney	Startup Daily (5 Aug 2026), SmartCompany, Dealroom, Startup Daily (14 Apr 2026), Defence Connect, Forbes Australia, Beaten Zone Venture Partners, Beaten Zone Venture Partners portfolio, Main Sequence Ventures portfolio
Deteqt	Pre-seed	8 Apr 2025	$750k	Participant	Main Sequence Ventures	SmartCompany, Startup Daily (14 Apr 2026), Forbes Australia (13 Apr 2026), Startup Daily (27 May 2025), Forbes Australia (8 Apr 2025), Startup Daily (27 Mar 2025)

Portfolio

Companies ATP Fund has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds	Led
Deteqt	Deep tech spin-out building diamond quantum chips for magnetic field detection	8 Apr 2025, Pre-seed	2	0

Funds

Fund closes reported for ATP Fund, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for ATP Fund yet.

Portfolio companies acquired

Companies ATP Fund has backed that another company then bought. An exit for the holding, not a deal ATP Fund did.

Company	Bought by	Kind	Announced	Price
No portfolio company of ATP Fund is recorded as having been acquired.

Coverage

Stories naming ATP Fund. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

11 deals

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

Seed $5m

Deteqt Featured Across Defence and Technology Media Following A$5 Million Seed Raise

Beaten Zone Venture Partners portfolio 13 Apr 2026 Deteqt ATP Fund Beaten Zone Venture Partners BOKA Capital Main Sequence Ventures Uniseed University of Sydney

Also Forbes Australia·Startup Daily·Defence Connect·SmartCompany·Startup Daily·Dealroom

2 deals

DeteQt clutches $750,000 pre-seed raise for 'diamond-on-silicon' approach to quantum

Quantum sensing startup DeteQt, spun out of the University of Sydney, has raised $750,000 in pre-seed funding from Main Sequence and Austin's ATP Fund, and holds a $3 million defence contract.

Forbes Australia 8 Apr 2025 Deteqt Australian Government Fleet Space OneScan Quantum Australia Quantum Brilliance Sydney Quantum Academy University of Sydney ATP Fund Australian Defence Force Main Sequence Ventures James Rabeau Professor Omid Kavehei

Pre-seed $750k

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.

Startup Daily 27 Mar 2025 Deteqt Australia Defence Force Deloitte Fleet Space Technologies Infleqtion Microsoft OneScan University of Sydney ATP Fund CSIRO Main Sequence Ventures Professor Jim Rabeau Professor Omid Kavehei Rupal Ismin

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

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