Page 48 - Main Sequence News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 from scratch. Breaking down the barriers Main Sequence was established to invest in tech that solves ...

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 in the funding round for Fund II. In the announcement, Main Sequence said the latest vehicle will c...

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 Temasek returning for a second shot, alongside multi-family office operator Mutual Trust and Morgan St...

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 fund and its oversubscribed raised included returning investors Horizons Ventures, Hostplus, Lockhee...

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 helped by news of a new managed bitcoin fund being set up by JPMorgan. It peaked above $US54,000 overni...