Startup · $9m raised
Deep tech spin-out building diamond quantum chips for magnetic field detection
Sydney, NSW
Every investor coverage indicates participated in a round Deteqt raised.
| Investor | Rounds | Invested |
|---|---|---|
| ATP Fund | Seed · Pre-seed | - |
| Beaten Zone Venture Partners | Seed | - |
| BOKA Capital | Seed | - |
| Main Sequence Ventures | Seed · Pre-seed · Accelerator | - |
| The University of Sydney | Seed | - |
| Uniseed | Seed | - |
| University of Sydney | Seed | - |
| Advanced Strategic Capabilities Accelerator | Grant | - |
| Cicada Innovations | Accelerator | - |
Companies Deteqt acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Deteqt. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Cut Through Venture's Q2 2026 report counts $1.7 billion announced across 64 venture rounds, carried by two mega-deals, with record median deal sizes, AI concentration, and deal counts at their slowest since before 2020.
Also SmartCompany·SmartCompany
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
Main Sequence reflects on its early backing of Deteqt through its Atmosphere platform, describing the startup's diamond-based quantum magnetic sensing chip and its case that machines need better ways to perceive their surroundings.
Fleet Space is partnering with three quantum sensor makers, mDetect, Nomad Atomics and DeteQt, to build next-generation exploration tools; the piece also recalls its HiSeis buyout and Series D round.
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.
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.
Also Forbes Australia·Startup Daily·Startup Daily·SmartCompany·Forbes Australia
Defence grants totalling over $60 million went to 21 Australian organisations, with quantum software firm Q-CTRL among the recipients of contracts under a federal emerging technologies program.
Canberra is funding 21 quantum and counter-disinformation defence projects, awarding $60 million in grants through ASCA's Emerging and Disruptive Technologies programme to universities and companies nationwide.
Also Startup Daily·Startup Daily·Startup Daily·@AuManufacturing