A deep tech startup cofounded by three globally recognised atomic physicists at Australian National University has raised $12 million to develop miniaturised quantum sensors for mining, underground resources and navigation. The round was led by existing investor Blackbird with support from Right Click Capital. A previous Seed round raised $2 million, with ANU also on… Read more »
Deep tech incubator Cicada Innovations has chosen its first cohort of startup founders showcasing world-changing innovations at the annual deep technology conference Cicada x Tech23. Cicada became custodians of Tech23 last year, reviving Australia’s longest-running deep tech event to support Australian deep tech innovators The 23 ventures were chosen from more than 130 applications nationally… Read more »
When it comes to the size of the problem deep tech startup MRead is solving, detecting and dealing with the global humanitarian crisis caused by landmines is both larger and more horrifying than any market you’d want to address. Today, April 4, is the United Nations International Day for Mine Awareness and MRead is the… Read more »
Last week, I explained why, in my first few weeks working in deep-tech VC, I decided to scan the Australian AI ecosystem and talk to more than 50 founders building inspiring and impactful companies in the AI space. If you have not done so, have a read here. In today’s instalment, I will run through… Read more »
Canberra Innovation Network (CBRIN) is holding its third annual Investor Showcase on March 21, 2023, at the CBRIN premises in Canberra. It will feature some of the most promising local and regional startups seeking seed and series A funding, including several with patents/deep technology advantages. The showcase is designed for venture investors to meet and… Read more »
At Main Sequence, we back early-stage founders who are creating the future with cutting-edge science & frontier technologies. But beyond having a focus on deep tech, there are a range of capabilities that set us apart when compared to generalist investors. Here are a few unique things that deep tech investors can bring to the… Read more »
Cicada Innovations and deep tech festival Tech23 are on the hunt for 23 game-changing startups to pitch their ideas to solve some of the world’s biggest problems. Cicada took charge of Tech23 earlier this year, seeing the shared vision of championing and celebrating Australia’s young deep tech companies. Cicada x Tech23 will connect 23 innovators… Read more »
Seaweed-based plastics replacement startup ULUU has raised $8 million in a Seed round that’s attracted and all-star cast of investors from music, restaurants and modelling. The round was led by existing backer, Main Sequence Ventures, supported by Alberts Impact Ventures, Mistletoe and Possible Ventures. The Western Australian venture, is creating compostable polymers known as PHAs… Read more »
Recycling startup Samsara Eco has raised $54 million in a Series A round as it looks to reduce plastic pollution. Existing backers, including CSIRO’s deep tech fund Main Sequence, Woolworths Group’s W23 and Clean Energy Finance Corporation (CEFC) Innovation Fund were joined. by new investors Breakthrough Victoria, Singapore’s Temasek, Assembly Climate Capital, DCVC and INP Capital… Read more »
Amazon, Apple, and Google may have all started out of a garage, feeding the myth that all you need to start a successful tech company is a desk and a Wi-Fi connection. But it’s not as simple as this for deep technology companies. These companies produce IP-intensive, science-based innovations as they seek to solve some… Read more »
It’s a common misconception that to become a science entrepreneur requires undertaking a research pathway in university or a commercial research lab, or having a university pedigree. It’s also rarely a linear and straight line to the finish. As Cicada Innovation’s founders have demonstrated, successful science entrepreneurs hail from all sorts of divergent backgrounds and… Read more »
Not since the first moon landing in 1969 has there been so much science and technology talk around the dinner table. The twin threats of the pandemic and global warming created a whole new public lexicon in which regular people talk of tech advancements in MRNA sequencing, fossil fuel replacements, lab-grown meats, civilian space travel,… Read more »
UPDATE: Watch Dr Cathy Foley’s’ How Science is Transforming Our World online panel here. Physicist Dr Cathy Foley became Australia’s Chief Scientist in 2021. Her distinguished 35-year career in science with the CSIRO has been focused on exploring magnetics and superconductors. Her experience spans pure research to commercialisation and revolutionised the way mining companies detect… Read more »
From personalising stem-celled derived therapies to revolutionising drug discovery and cyber security, Sydney is stepping into the global spotlight with transformative technologies that will reshape our world. This June, you’re invited to meet the entrepreneurs and startups behind these boundary-pushing ideas. Transformative technologies refers to new tech innovations that solve scientific problems in our daily… Read more »
Morse Micro, which is reinventing Wi-Fi technology for the Internet-of-Things (IoT), has raised an extra $18 million in its Series A to take the total round to $42 million. The Sydney deep tech venture, founded in 2016, has some of original inventors of Wi-FI in the team and will use the funds to expand its… Read more »
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The NSW budget is bad news for startups – and a ‘blueprint’ is not what the sector needs right now 
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