Partner, Main Sequence Ventures
Stories naming Martin Duursma. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Canberra startup Skykraft raised $120 million for its space-based air traffic management system, led by Foresight's Australian arm with Main Sequence Ventures and OPTrust, following an earlier $3.5 million round.
Canberra satellite firm Skykraft has raised $120 million to manage air traffic from space, with backing from Foresight Australia, OPTrust and Main Sequence; the round trails only Saluda Medical's this year.
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Weekly roundup reporting eight Australian startups together raised $85.6 million across mining tech, cybersecurity, waste, energy storage, health and micromobility, plus a Google.org grant for Global Sisters.
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.
Deep tech firm Advanced Navigation, based in Sydney, has secured $20m from CSIRO's venture arm Main Sequence plus two US funds; two investors take board seats. OIF backed it earlier.