Investor · 11 deals
Every published round NGS 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.
Companies NGS has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Airwallex | Fintech payments and financial infrastructure company | May 2025, Series D+ | 3 | 0 |
| Cauldron | Mar 2026, Series A | 1 | 0 | |
| Cauldron Ferm | Deep tech startup using hyper-fermentation to produce proteins, materials and chemicals w… | 4 Aug 2026, Series A | 1 | 0 |
| Edrolo | 10 Jun 2022, Series B | 1 | 0 | |
| Emesent | Drone and LiDAR mapping technology spinout of CSIRO for hazardous, GPS-denied environments | 4 Aug 2026 | 1 | 0 |
| Gilmour Space | Queensland rocket builder and launchpad scaleup | 20 Jan 2026, Series D+ | 1 | 0 |
| Morse Micro | Hardware/Robotics/IoT company | 28 Nov 2022, Series B | 2 | 0 |
| Vow | Cultivated meat company | 15 Nov 2022, Series A | 1 | 0 |
This is a stake in the fund itself, money that the fund's manager invests, not a stake in the fund manager.
Companies NGS has backed that another company then bought. An exit for the holding, not a deal NGS did.
| Name | Role | Sources |
|---|---|---|
| Ben Squires | CIO | Main Sequence |
Stories naming NGS. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
A monthly Crunchbase roundup of five lesser-known AI funding deals: Greyparrot's Series B, Emesent's equity-plus-debt package, SoundHealth's Series A, Forge Industries' round and Cascade's seed raise.
Brisbane drone mapping firm Emesent secures $15 million SAFE Note plus $10 million venture debt from federal government's National Reconstruction Fund.
Brisbane drone-mapping firm Emesent has raised $15 million via a SAFE note plus $10 million in venture debt from the National Reconstruction Fund — the fund's first such deal — four years after its Series A.
Weekly roundup detailing eight trans-Tasman raises totalling A$373.3 million, headlined by Halter's Series E, spanning quantum computing, biomanufacturing, robotics, adtech and agtech, plus a recalled $2 billion founder exit.
Also Startup Daily
Fermentation technology company Cauldron has banked fresh capital in a Series A2 extension led by Main Sequence Ventures, with three other backers, and landed on Fast Company's Asia-Pacific innovation list.
Biomanufacturer Cauldron Ferm has banked a $19 million Series A2, led by Main Sequence with Horizons, SOSV and NGS Super aboard, adding to an earlier $9.5 million round and a $4.3 million federal grant.
Also Startup Daily
Roundup of four ANZ raises: a Queensland rocket company's nine-figure Series E, a New Zealand legal-AI firm's Series B, a seed round for AI code-security, and a Melbourne construction-software raise.
Roundup of four ANZ raises totalling over $307m: Gilmour Space's Series E, Ivo's Series B, Dam Secure's seed round and SPEC Toolbox's pre-Series A, plus a board appointment at Dam Secure.
Rocket firm Gilmour Space raised a $217 million Series E co-led by the National Reconstruction Fund and Hostplus, reaching a billion-dollar valuation; earlier Series B, C and D raises are recapped.
Blackbird's Rick Baker recounts backing rocket firm Gilmour Space from its 2017 Series A to a newly closed A$217 million Series E at a valuation above US$1 billion.
Also @AuManufacturing
Sydney chipmaker Morse Micro has banked an $88 million Series C led by Japan's MegaChips, with the national reconstruction fund and several existing backers also participating; funds will drive growth and future chip development.
Also Startup Daily·builtinsydney.au·semiiphub.com·Forbes Australia·morsemicro.com·Forbes Australia·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Forbes Australia·smallbizai.au
Weekly roundup of seven Australian startup raises, led by Airwallex's Series F, plus EatClub, Kite Magnetics, Termina, Preve, Foremind and Liveheats.
Also Startup Daily
Payments firm Airwallex closed a large Series F at a $9.6 billion valuation, led by Square Peg with several local and global backers, while the piece recalls its earlier raises back to 2016.
Deep tech venture firm Main Sequence has reached an initial A$450 million close on its third fund, pushing money under management past A$1 billion; Hostplus, Temasek and CSIRO are among the backers.
Also SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·TechCrunch Australia·@AuManufacturing
Weekly roundup reporting nine Australian startups that together secured roughly $104 million across sports tech, semiconductors, regtech, legal automation, SaaS, edtech, agtech and biotech, with Vald's $36 million the largest.
Also Techboard
Wi-Fi HaLow chip maker Morse Micro raised a further $30 million for its Series B from Australian superannuation funds, lifting the round to $170 million; its earlier seed and Series A raises are also recapped.
Also SmartCompany·Techboard·Startup Daily·SmartCompany·Startup Daily