Page 24 - Main Sequence News Today

Frank Body co-founders Bree Johnson, Steve Rowley, Jess Hatziz and Alexander Boffa. Source: supplied. It’s been a week of big headlines and huge dollar-figures in the startup funding world. SafetyCulture became a unicorn twice over, with founder Luke Anear predicting much more growth to come. Elsewhere, Main Sequence plugged $12 million into new space-tech startup Quasar Satellite Technology, launched in partnership with the Office of the NSW Chief Scientist & Engineer and various Aussie ind...

Quasar’s ground station service will communicate with hundreds of satellites simultaneously. Source: CSIRO CSIRO and the Office of the NSW Chief Scientist & Engineer have launched a new startup that hopes to enable satellite ground stations to communicate with hundreds of space satellites at once. On Tuesday CSIRO announced that startup Quasar Satellite Technologies would build space communications technology using an Australian-based team, with expertise and research support from CSIRO. “C...

iTWire Wednesday, 05 May 2021 01:31 Space startup Quasar takes off with CSIRO tech Shares New Australian space startup Quasar Satellite Technologies is set to revolutionise space communication, allowing ground stations to talk to hundreds of satellites at once using technology developed by CSIRO, Australia’s national science agency. Over the next decade, more than 57,000 satellites will be launched worldwide to support a surge in demand for space-derived data, from environmenta...

CSIRO New Australian space startup Quasar Satellite Technologies is set to revolutionise space communication, allowing ground stations to talk to hundreds of satellites at once using technology developed by CSIRO, Australia’s national science agency. Over the next decade, more than 57,000 satellites will be launched worldwide to support a surge in demand for space-derived data, from environmental monitoring such as bushfires and floods, to connecting to sensors on ‘Internet of Things’ net...

As VC Soars, Main Sequence Attracts Temasek, Hostplus for Second Fund The oversubscribed fund, which has raised $250 million AUD, is emblematic of the new popularity of venture capital. Main Sequence, a deep technology venture capital (VC) firm based in Australia, has raised $250 million AUD (US$193.6 million) for its oversubscribed second investment fund. It has attracted a series of returning asset owners and investors.  Investors Hostplus, Horizons Ventures, Lockheed Martin, and Temasek, as...

Mike Zimmerman (front row, centre) and the Main Sequence Ventures team. Source: supplied. Main Sequence, CSIRO’s deep-tech focused venture capital firm, has closed its second funding round, scoring $250 million for investment into startups tackling some of the world’s biggest challenges. And, while the funding will continue to focus on commercialising research and funding high-growth potential startups, the team is also going to be taking a problem-first approach, and creating businesses f...

Australia’s Main Sequence raises $195m for second fund from Temasek, others Sydney Opera House, Sydney, Australia. Photo by Frans on Unsplash Temasek has backed Australia-headquartered Main Sequence for its A$250 million ($195 million) second fund. Other investors who pumped in capital in the deep tech investment fund are Horizons Ventures, Hostplus, and Lockheed Martin, among others. Family offices and private investors from Morgan Stanley Wealth Management and Mutual Trust also participated...

CSIRO new $250m fund will ‘solve the world’s problems’ Save Share The CSIRO’s technology and science investment fund Main Sequence raised $250 million to form a second fund to invest in emerging Australian “deep tech” and science-based start-ups, which it says demonstrate the potential to solve the world’s biggest problems. Main Sequence now has $490 million in funds under management, with major investors from its first fund, Horizons Ventures, Hostplus and Te...

Founded by Australia’s national science agency, Main Sequence launches $250M AUD deep tech fund Main Sequence’s team (top row from left to right) Viringa Crawter, Bill Bartee, Mike Nicholls, Phil Morle; (bottom row from left to right) Stella Xu, Mike Zimmerman and Jen Baxter Main Sequence, the venture firm founded by Australia’s national science agency, announced today a new $250 million AUD (about $194.3 million USD) fund to invest in deep-tech startups. This is Main Sequence’s second ...

ASX to edge up, Wall St mixed, Tesla sales miss Save Share Australian shares are set to edge modestly higher, while the currency surged amid continuing strength in copper and iron ore. ASX futures were up 6 points or 0.1 per cent to 7026 at 7am AEST. The currency lifted 0.8 per cent to trade at US78¢. The yield on the US 10-year note rose 1 basis point to 1.57 per cent at 4.59pm in New York. Bitcoin rebounded 10 per cent to $US52,940 near 7.15am AEST according to bitstamp.net, reportedly hel...