Main Sequence Ventures

Main Sequence Ventures is a venture capital firm that focuses on investing in founders who are developing innovative industries through deep technology and frontier technologies. The firm is supported by prominent entities such as the Australian National Science Agency, CSIRO, and the Australian Federal Government, along with various private investors. Main Sequence Ventures uniquely positions itself by leveraging cutting-edge research from leading Australian public research organizations, including CSIRO and the country's numerous universities and industry research agencies, to identify and nurture high-potential startups.

Bill Bartee

Partner

Phil Morle

Partner

Mike Nicholls

Partner

Martin Duursma

Partner

100 past transactions

Arkeus

Venture Round in 2025
Arkeus specializes in the quick design, creation, and production of autonomous optical capabilities for Search, Intelligence, Surveillance, and Reconnaissance (SISR).

Breaker

Pre Seed Round in 2025
Breaker develops cutting-edge software that transforms the interaction between humans and machines. Our platform leverages advanced decision-making, natural language communication, and enhanced perception to enable sophisticated autonomous capabilities in machines previously only achievable with human oversight. Designed for diverse industries, Breakers’ software facilitates a new level of efficiency and versatility in uncrewed systems, promising to revolutionize the way autonomous assets operate and collaborate with humans. Our mission is to make intelligent, autonomous collaboration a reality, bridging the gap between human intuition and machine precision.

Terria

Seed Round in 2024
Terria is a geospatial technology company that creates digital twins using spatial data for planning, management, and environmental monitoring. It simplifies accessing and visualizing complex datasets, supporting better decision-making across various domains. As of December 2024, Terria’s mapping platforms have been accessed by millions of users, with over 15,000 datasets.

Samsara Eco

Series A in 2024
Samsara Eco is an enviro-tech company focused on addressing plastic pollution through innovative recycling solutions. The company has developed a groundbreaking enzymatic technology that enables the infinite recycling of plastic waste. By utilizing specialized enzymes that decompose plastics into their fundamental components, Samsara Eco allows these materials to be reused repeatedly as high-quality inputs for new plastic products or converted into more valuable commodities. This process is effective regardless of the color and shape of the plastic, empowering manufacturers to create brand new items from recycled materials. Through its efforts, Samsara Eco aims to significantly reduce plastic waste and promote sustainability in the manufacturing sector.

Diraq

Series A in 2024
Diraq aims to redefine scalable quantum computing and bring practical commercial applications to the world via billions of qubits on a single chip, compared to the hundreds of qubits that exist today. The company will be an end-to-end quantum computing provider, offering quantum hardware and software as a full stack, cloud accessible service.

MGA Thermal

Series A in 2024
MGA Thermal specializes in the development of thermal storage systems and innovative materials aimed at enhancing energy storage capabilities. The company focuses on creating solutions that allow for the safe and efficient storage of renewable energy as heat, thereby supporting the integration of intermittent energy sources like solar and wind into the electrical grid. Their technology is designed to improve the stability of the grid and facilitate the use of renewable energy for residential and commercial heating, industrial processes, and electric vehicles. By offering clean, economical, and scalable thermal storage solutions, MGA Thermal aims to enable businesses to transition to renewable energy sources effectively.

Cauldron Ferm

Series A in 2024
Cauldron Ferm is a bio-acceleration process that exponentially scales up any precision fermented prototype to commercial quantities faster and with a lower cost of goods than any traditional production method.

RIOS

Series B in 2024
RIOS, founded in 2018, is a technology company helping global customers automate their factories, warehouses, and supply chain operations by deploying a new class of dexterous AI-powered robots. RIOS robots handle hard-to-automate tasks, typically requiring human-level dexterity, in unstructured environments. RIOS is headquartered in Palo Alto, CA and has a pilot facility in San Carlos, CA. More information is available at www.rios.ai.

Gilmour Space

Series D in 2024
Gilmour Space Technologies Pty Ltd is an Australian company established in 2012, based in Pimpama, that specializes in developing low-cost hybrid rockets aimed at the small satellite market. The company focuses on creating hybrid launch vehicles that utilize proprietary 3D printed fuel, allowing for precise control over combustion patterns during ignition. This innovative approach is designed to provide research organizations and clients with a reliable and economical means of launching satellites into low Earth orbit. Gilmour Space is on track to launch its Eris orbital launch vehicles and G-Sat small satellite platforms in 2024.

Amber Electric

Series C in 2024
Amber Electric Pty Ltd, founded in 2017 and based in Melbourne, Australia, provides electricity at wholesale prices through an innovative online platform. By utilizing real-time wholesale pricing, Amber enables customers to access renewable energy when it is most affordable, promoting savings and increasing the integration of renewable resources into the energy grid. The company aims to empower customers to actively participate in the electricity market, transforming their role from passive consumers to engaged stakeholders. Amber Electric is committed to facilitating a more sustainable energy future by enhancing the economics and dynamics of the energy system.

Rainstick

Seed Round in 2024
Rainstick combining First Nations wisdom with modern bioelectric technology to make crops grow bigger, faster and more sustainably

Arkeus

Seed Round in 2023
Arkeus specializes in the quick design, creation, and production of autonomous optical capabilities for Search, Intelligence, Surveillance, and Reconnaissance (SISR).

Rainstick

Seed Round in 2023
Rainstick combining First Nations wisdom with modern bioelectric technology to make crops grow bigger, faster and more sustainably

Avarni

Venture Round in 2023
Avarni is a company that develops a platform designed for smart carbon data management, aiming to reduce supply chain risk and promote sustainability. Utilizing artificial intelligence technologies, including natural language processing, Avarni's platform enables organizations to measure, track, and analyze their carbon emissions, including scope 3 emissions associated with their supply chains. The company's solutions respond to increasing global demands for greater emission accountability from governments, investors, and consumers. By providing a comprehensive view of carbon footprints, Avarni seeks to facilitate the adoption of sustainable practices and establish new industry standards in carbon management.

Skykraft

Venture Round in 2023
Skykraft is an Australian space services firm that specializes in smallsat constellation design, production, and operation.

Eden Brew

Series A in 2023
Eden Brew is a food and beverage company that provides a range of animal-free and precision-fermented milk and dairy products.

Rainstick

Pre Seed Round in 2023
Rainstick combining First Nations wisdom with modern bioelectric technology to make crops grow bigger, faster and more sustainably

Plotlogic

Series B in 2023
Plotlogic is a global technology company focused on enhancing the efficiency of mine operations through advanced AI and sensor-driven solutions. Its yield uplift platform provides real-time, autonomous, and non-invasive characterization of raw materials, allowing mine operators to accurately assess the location and properties of every rock within a mine. This technology enables clients to improve ore recovery, minimize dilution, and reduce operational costs while also decreasing carbon emissions and environmental impact. By delivering precise insights into mineral composition and location, Plotlogic supports the critical mineral industry in maximizing yield and sustainability.

Number 8 bio

Pre Seed Round in 2023
Number 8 Bio focuses on decarbonizing agriculture to address the challenges of feeding the growing global population. The company harnesses the capabilities of carbon-hungry bacteria that consume harmful greenhouse gases, transforming them into profitable animal feed. By employing precision fermentation and synthetic biology, Number 8 Bio develops microbial proteins that serve as livestock feed, significantly reducing methane emissions from animal digestion. This innovative approach enables clients in the livestock sector to minimize their environmental impact while contributing to sustainable agricultural practices.

JDoodle

Venture Round in 2023
JDoodle is an AI-powered online programming platform that provides a free, cloud-based Integrated Development Environment (IDE) and software compilers. It supports numerous programming languages and aims to make coding accessible, fostering an inclusive software development community. The platform offers a comprehensive ecosystem for teaching, practicing, and developing software, including features for assessment and collaborative programming. With code-sharing capabilities, JDoodle enables developers to learn, practice, and collaborate on code more effectively, catering to a wide range of users from beginners to experienced programmers.

Endua

Seed Round in 2023
Endua focuses on developing advanced renewable energy storage solutions aimed at powering communities, remote industries, and off-grid infrastructure. The company specializes in hydrogen-based power banks, which are self-contained units that generate and store clean energy derived entirely from renewable sources. This energy is stored as hydrogen and can be converted back into electricity using fuel cells. By providing a sustainable, reliable, and cost-effective electricity supply, Endua aims to facilitate continuous power availability, operational efficiency, and energy independence for its users.

Fivecast

Series A in 2023
Fivecast is a provider of digital intelligence solutions focused on enhancing safety for communities worldwide. The company specializes in advanced data collection and AI-enabled analytics to address critical challenges in national security, law enforcement, corporate security, and financial intelligence. Its platform utilizes deep learning to detect threats in images, texts, and videos, facilitating threat visualization and network analysis. Based in Australia, with a strong presence in the US, UK, and Europe, Fivecast was established through collaboration between government agencies and research institutions to effectively manage big data challenges. It is recognized for its role within the Five Eyes alliance, reflecting its commitment to supporting public and private organizations in uncovering actionable insights essential for protecting global communities.

Cauldron Ferm

Seed Round in 2023
Cauldron Ferm is a bio-acceleration process that exponentially scales up any precision fermented prototype to commercial quantities faster and with a lower cost of goods than any traditional production method.

Quasar Satellite Technologies

Seed Round in 2023
Quasar Satellite Technologies is a sovereign company that specializes in delivering space data as a service. The company provides a multi-beam phased array ground station solution designed for satellite owners and operators in both the commercial and defense sectors. Their fully software-defined antenna system offers low latency and high throughput, ensuring secure satellite data transmission. Quasar's technology features instantaneous full-sky visibility, which allows for deep characterization of objects. This capability enables satellite operators to access cost-effective ground station services while enhancing space communications and domain awareness. Through its offerings, Quasar aims to support the LEO, MEO, and GEO satellite markets with scalable and interoperable services.

Loam Bio

Series B in 2023
Loam Bio is a developer of microbial carbon sequestration technology for soil carbon restoration. Crops can be inoculated with symbiotic microorganisms that live in a mutualistic relationship with crops and build organic carbon in the soil, allowing farmers to improve the host plant's fertility and disease resistance while also assisting the soil around the plant's roots to store carbon more effectively, resulting in proper quality soil for future planting. Loam Bio was established in 2019 by Guy Hudson.

Uluu

Seed Round in 2022
ULUU is a manufacturer of innovative materials derived from seaweed, aimed at providing a sustainable alternative to traditional plastics. The company produces a carbon-negative and home compostable polymer that addresses global pollution issues while serving various applications, including packaging, consumer electronics, furniture, textiles, and automotive interiors. ULUU's products are lightweight, waterproof, and biocompatible, making them suitable for diverse uses such as films, foams, coatings, and 3D printing filaments. By leveraging seaweed as a resource, ULUU enables customers to decrease their dependence on conventional plastics and actively participate in fostering a more sustainable future.

Psylo

Seed Round in 2022
Psylo is a drug development company that focuses on next-generation psychedelics. With psychedelic molecules as the starting point, our goal is to develop medicines that are widely available as improved treatments to currently available SSRI medications.

Nourish Ingredients

Series A in 2022
Nourish Ingredients is a food tech company based in Canberra, Australia, founded in 2019. The company specializes in creating animal fat molecules through proprietary precision fermentation, allowing for the mass production of these fats without involving animals. This innovative approach enables the development of alternative proteins that replicate the flavor, smell, and cooking experience of traditional animal fats. By providing these potent fat molecules, Nourish Ingredients aims to enhance the taste and quality of plant-based products, catering to consumers seeking delicious and authentic alternatives to meat.

Sundrive Solar

Series A in 2022
Sundrive Solar is a solar technology start-up. SunDrive is creating unique solutions to reduce the cost of high-efficiency solar cells, whilst enhancing their performance and sustainability by utilizing more abundant materials.

Morse Micro

Series B in 2022
Morse Micro is a wireless integrated circuit solutions company focused on reinventing Wi-Fi for the Internet of Things (IoT). Founded by industry experts including Wi-Fi pioneers, the company is headquartered in Australia with additional offices in China and the United States. Morse Micro specializes in low-power wireless chips that enhance Wi-Fi connectivity across a wide range of IoT applications, such as surveillance systems, access control, industrial automation, and mobile devices. Their innovative technology allows for smaller and more cost-effective chips, facilitating a robust IoT ecosystem that supports connected devices operating over greater distances. The company's diverse team and strong portfolio of intellectual property position it as a key player in the evolving IoT market.

Lumachain

Series A in 2022
Lumachain is a developer of a blockchain-based platform focused on enhancing transparency in global food supply chains. The platform enables real-time tracking and tracing of individual items, including their origin, location, and condition, from farm to fork. This functionality benefits producers and enterprises by incentivizing the creation of high-quality products while helping to reduce waste and increase efficiency. Additionally, Lumachain empowers consumers by providing them with information about the quality and ethical sourcing of the products they purchase. Overall, Lumachain aims to improve the sustainability and profitability of the food supply chain industry.

Avarni

Seed Round in 2022
Avarni is a company that develops a platform designed for smart carbon data management, aiming to reduce supply chain risk and promote sustainability. Utilizing artificial intelligence technologies, including natural language processing, Avarni's platform enables organizations to measure, track, and analyze their carbon emissions, including scope 3 emissions associated with their supply chains. The company's solutions respond to increasing global demands for greater emission accountability from governments, investors, and consumers. By providing a comprehensive view of carbon footprints, Avarni seeks to facilitate the adoption of sustainable practices and establish new industry standards in carbon management.

Swoop Aero

Series B in 2022
Swoop Aero is an Australian drone-powered logistics company founded in 2017, focused on transforming global transportation by integrating drone logistics into the supply chain's first and last mile. The company utilizes autonomous drones to facilitate two-way deliveries of essential supplies, enabling clients to transport emergency materials and other critical items to hard-to-reach locations. Swoop Aero aims to expand its impact by providing its technology platform to various organizations worldwide, enhancing the efficiency and reach of logistics services. The company has set an ambitious goal to make its services accessible to one billion people by 2030, with applications across multiple sectors, including healthcare, transportation, disaster management, and search and rescue.

FluroSat

Series B in 2022
FluroSat is a digital platform that specializes in advanced agronomic analytics, utilizing agricultural data and science-based crop models to provide insights for farming operations. The company focuses on enhancing the productivity and sustainability of agriculture by delivering customized, site-specific solutions that are scalable across various supply chain sectors. FluroSat's innovative approach combines agronomy with soil and carbon modeling, enabling businesses to unlock the potential of resilient agricultural practices and improve profitability. By leveraging data-driven insights, FluroSat aims to empower farmers and agribusinesses to make informed decisions that enhance crop performance and sustainability.

Eden Brew

Seed Round in 2022
Eden Brew is a food and beverage company that provides a range of animal-free and precision-fermented milk and dairy products.

Samsara Eco

Seed Round in 2022
Samsara Eco is an enviro-tech company focused on addressing plastic pollution through innovative recycling solutions. The company has developed a groundbreaking enzymatic technology that enables the infinite recycling of plastic waste. By utilizing specialized enzymes that decompose plastics into their fundamental components, Samsara Eco allows these materials to be reused repeatedly as high-quality inputs for new plastic products or converted into more valuable commodities. This process is effective regardless of the color and shape of the plastic, empowering manufacturers to create brand new items from recycled materials. Through its efforts, Samsara Eco aims to significantly reduce plastic waste and promote sustainability in the manufacturing sector.

RIOS

Series A in 2022
RIOS, founded in 2018, is a technology company helping global customers automate their factories, warehouses, and supply chain operations by deploying a new class of dexterous AI-powered robots. RIOS robots handle hard-to-automate tasks, typically requiring human-level dexterity, in unstructured environments. RIOS is headquartered in Palo Alto, CA and has a pilot facility in San Carlos, CA. More information is available at www.rios.ai.

Emesent

Series A in 2022
Emesent is a technology company focused on automating the collection and analysis of critical data in challenging underground environments. Its flagship product, Hovermap, is a LiDAR-mapping and autonomy payload designed for industrial drones, enabling them to operate and map in GPS-denied areas such as underground mines. Through Hovermap and other innovative solutions, Emesent enhances efficiency, safety, and operational insights for clients in sectors like mining and infrastructure. The company's team of experienced roboticists and engineers is dedicated to advancing drone autonomy and data analytics for various industrial applications, making Emesent a leader in its field.

Inventia Life

Series B in 2021
Inventia Life Science Pty Ltd is an Australian company founded in 2013 and based in Alexandria. It specializes in 3D bioprinting technology aimed at enhancing cell-based research and clinical applications. The company develops, manufactures, and sells equipment, reagents, and bio-inks—both natural and synthetic—designed for advanced medical research. Inventia's innovative approach focuses on creating low-cost and standardized methods for producing three-dimensional human tissue and organ models. This technology is intended to accelerate cancer research, drug discovery, and advancements in regenerative medicine. By providing a comprehensive suite of hardware, software, consumables, and customized protocols, Inventia Life Science facilitates the flexible production of 3D cell-based assays, significantly impacting the medical research landscape.

Kasada

Series C in 2021
Kasada protects online, mobile, and API channels from system takeover, content scraping, DOS, and account takeover. Kasada challenges the economics of leveraging automation when abusing applications and APIs.

Q-CTRL

Series B in 2021
Q-CTRL is a pioneering company in the quantum technology sector, focused on addressing critical challenges related to hardware error and instability. By developing advanced quantum control infrastructure software, Q-CTRL supports research and development professionals as well as end users in quantum computing, facilitating the transition to practical quantum computers. The company's innovative "Software-defined" quantum sensors are tailored for applications in defence, intelligence, navigation, and earth observation. With a team of expert quantum-control engineers, Q-CTRL collaborates with leading universities, national laboratories, and industry partners worldwide. As a notable member of the IBM Quantum Startup network and various industry consortia, Q-CTRL is recognized for its contributions to the field and has received several prestigious awards, including those from the Modern Manufacturing Initiative and the Next Generation Technology Fund. The company has garnered attention in major publications and was ranked among the Top 10 Most Innovative Tech Companies in Australia, highlighting its role in shaping the future of quantum technology.

Loam Bio

Series A in 2021
Loam Bio is a developer of microbial carbon sequestration technology for soil carbon restoration. Crops can be inoculated with symbiotic microorganisms that live in a mutualistic relationship with crops and build organic carbon in the soil, allowing farmers to improve the host plant's fertility and disease resistance while also assisting the soil around the plant's roots to store carbon more effectively, resulting in proper quality soil for future planting. Loam Bio was established in 2019 by Guy Hudson.

QuintessenceLabs

Series B in 2021
QuintessenceLabs specializes in data security technology and solutions designed to protect valuable digital information throughout its lifecycle—whether in transit, at rest, or in use. The company utilizes principles of quantum science to enhance its cybersecurity applications, focusing on robust cryptographic strategies that centralize data security management and policy control. QuintessenceLabs aims to maximize security while improving returns on investment for its clients and minimizing the complexities associated with data protection. Its diverse customer base includes notable financial institutions, technology providers, federal agencies, and defense contractors, underscoring its broad applicability across various sectors.

Prospection

Series B in 2021
Prospection is a prominent health insights company that specializes in healthcare data analytics, employing predictive analytics and machine learning to extract valuable insights from real-world healthcare data. Established in 2012 in Sydney, Prospection collaborates with government entities, pharmaceutical companies, and the medical community across a wide range of therapy programs, including immuno-oncology, diabetes, respiratory diseases, HIV, and hepatitis, operating in regions such as Australia, Japan, the Asia Pacific, the UK, and the USA. The company offers a software-as-a-service (SaaS) platform that transforms healthcare data into actionable insights, analyzing longitudinal patient data, geo-mapping, and medication utilization. This enables healthcare clients, including pharmaceutical manufacturers and research institutions, to enhance drug performance and improve patient outcomes through innovative data analytics solutions.

Quantum Brilliance

Seed Round in 2021
Quantum Brilliance specializes in the development of room-temperature quantum computers utilizing synthetic diamond technology. This innovative approach allows the creation of miniaturized and energy-efficient quantum systems that can be seamlessly integrated into everyday computing applications. By eliminating the need for cryogenics and complex infrastructure typical of other quantum technologies, Quantum Brilliance's solutions enable clients to harness the potential of quantum computing for a wide range of disruptive applications. The company's focus on room-temperature quantum accelerators positions it as a leader in making quantum computing more accessible and practical for various industries.

FluroSat

Series A in 2021
FluroSat is a digital platform that specializes in advanced agronomic analytics, utilizing agricultural data and science-based crop models to provide insights for farming operations. The company focuses on enhancing the productivity and sustainability of agriculture by delivering customized, site-specific solutions that are scalable across various supply chain sectors. FluroSat's innovative approach combines agronomy with soil and carbon modeling, enabling businesses to unlock the potential of resilient agricultural practices and improve profitability. By leveraging data-driven insights, FluroSat aims to empower farmers and agribusinesses to make informed decisions that enhance crop performance and sustainability.

v2food

Series B in 2021
V2food is a plant-based meat startup based in Sydney, New South Wales, Australia, founded in 2019 by Nick Hazell. The company specializes in producing legume-based meat alternatives aimed at providing a nutritious and delicious option for individuals who enjoy the taste of meat but prefer not to consume animal products. V2food's offerings emphasize natural ingredients that are rich in protein, energy, fiber, and essential amino acids, promoting a sustainable approach to food consumption. The products are designed to minimize greenhouse gas emissions, land degradation, and biodiversity loss, making them an eco-friendly choice for consumers seeking to foster positive relationships with food while contributing to a more sustainable planet.

MGA Thermal

Series A in 2021
MGA Thermal specializes in the development of thermal storage systems and innovative materials aimed at enhancing energy storage capabilities. The company focuses on creating solutions that allow for the safe and efficient storage of renewable energy as heat, thereby supporting the integration of intermittent energy sources like solar and wind into the electrical grid. Their technology is designed to improve the stability of the grid and facilitate the use of renewable energy for residential and commercial heating, industrial processes, and electric vehicles. By offering clean, economical, and scalable thermal storage solutions, MGA Thermal aims to enable businesses to transition to renewable energy sources effectively.

Gilmour Space

Series C in 2021
Gilmour Space Technologies Pty Ltd is an Australian company established in 2012, based in Pimpama, that specializes in developing low-cost hybrid rockets aimed at the small satellite market. The company focuses on creating hybrid launch vehicles that utilize proprietary 3D printed fuel, allowing for precise control over combustion patterns during ignition. This innovative approach is designed to provide research organizations and clients with a reliable and economical means of launching satellites into low Earth orbit. Gilmour Space is on track to launch its Eris orbital launch vehicles and G-Sat small satellite platforms in 2024.

Castlepoint Systems

Series A in 2021
Castlepoint Systems offers an AI-driven platform that manages information and records across organizations, focusing on cybersecurity and data governance. Its software automatically discovers, classifies, and controls various forms of data, including documents, emails, chat messages, databases, and webpages within a company's network. By leveraging artificial intelligence, Castlepoint helps enterprises identify rogue data and mitigate potential compliance risks associated with regulatory requirements. The solution registers every record within business systems and applies lifecycle controls based on established rules and regulations, ensuring that organizations can effectively manage their information assets.

Nourish Ingredients

Seed Round in 2021
Nourish Ingredients is a food tech company based in Canberra, Australia, founded in 2019. The company specializes in creating animal fat molecules through proprietary precision fermentation, allowing for the mass production of these fats without involving animals. This innovative approach enables the development of alternative proteins that replicate the flavor, smell, and cooking experience of traditional animal fats. By providing these potent fat molecules, Nourish Ingredients aims to enhance the taste and quality of plant-based products, catering to consumers seeking delicious and authentic alternatives to meat.

Baraja

Series B in 2021
Baraja is a technology company that specializes in advanced LiDAR systems for autonomous vehicles. It has developed a unique platform called Spectrum-Scan™, which revolutionizes traditional LiDAR by utilizing a prism to refract light instead of relying on fragile moving parts. This innovative approach enables Baraja's technology to achieve exceptional range, precision, and reliability, even in challenging environments. By connecting a wavelength-tunable laser to prism-like optics via robust optical fiber, Baraja's system allows autonomous vehicles to instantly scan their surroundings from multiple angles with high detail and adaptability.

Kapiche

Seed Round in 2021
Kapiche is a B2B SaaS company that offers an experience intelligence platform designed to assist customer-centric organizations in understanding and optimizing their service delivery. Utilizing advanced Natural Language Processing technology, the platform can rapidly analyze extensive amounts of both structured and unstructured customer and employee feedback data. This capability allows organizations to quickly identify key themes in feedback, gauge sentiments associated with those themes, and assess their impact on business performance. By streamlining the process of extracting insights from large volumes of feedback, Kapiche enables clients to gain a deeper, contextual understanding of customer experiences without the need for manual coding or extensive data handling.

Pending AI

Venture Round in 2021
Pending AI, founded by Professor Mark Waller, is a company that has developed an advanced discovery platform utilizing artificial intelligence and quantum mechanics specifically for the pharmaceutical industry. This innovative approach allows for the design and testing of novel small molecule drugs in significantly reduced time and at lower costs. With operational bases in Cambridge, Massachusetts, and Eveleigh, New South Wales, Pending AI is focused on forging research-and-development partnerships with pharmaceutical companies. Additionally, the company is exploring interest from investors in its forthcoming investment round, aiming to further enhance its capabilities in drug development and medicinal innovation.

Trellis Data

Venture Round in 2020
Trellis Data Pty Ltd is a Canberra-based company that designs and develops an end-to-end machine learning platform. Known for its Trellis Intelligence Platform (TIP), the company provides insights, analytics, and intelligence on ingested data through its deep learning software-as-a-service offerings. Trellis Data specializes in artificial intelligence and machine learning solutions, catering primarily to the Australian Government, defense and intelligence sectors, as well as the financial services industry. Founded in 2016, the company was previously known as Funtech.Com.Au Pty Ltd before rebranding in May 2017. Trellis Data's platform enables businesses to focus on solving business problems rather than the complexities of machine learning model development.

Coviu

Venture Round in 2020
Coviu is a telehealth startup focused on enhancing the video consultation experience between healthcare practitioners and patients through AI-backed clinical tools. The company provides a platform that facilitates online health consultations across various specialties, including cardiology, dermatology, psychology, and pediatrics, among others. Coviu's software offers an integrated marketplace of clinical tools, which can be utilized during video consultations to improve patient care. Additionally, the platform seamlessly integrates with various practice management systems, allowing healthcare providers to access validated clinical resources and support from any consumer device. This comprehensive approach aims to make telehealth consultations as effective as in-person visits.

Morse Micro

Series A in 2020
Morse Micro is a wireless integrated circuit solutions company focused on reinventing Wi-Fi for the Internet of Things (IoT). Founded by industry experts including Wi-Fi pioneers, the company is headquartered in Australia with additional offices in China and the United States. Morse Micro specializes in low-power wireless chips that enhance Wi-Fi connectivity across a wide range of IoT applications, such as surveillance systems, access control, industrial automation, and mobile devices. Their innovative technology allows for smaller and more cost-effective chips, facilitating a robust IoT ecosystem that supports connected devices operating over greater distances. The company's diverse team and strong portfolio of intellectual property position it as a key player in the evolving IoT market.

Kasada

Series B in 2020
Kasada Pty Ltd is a cybersecurity software company based in Chippendale, Australia, with additional offices in the United States and the United Kingdom. Established in 2014, the company focuses on developing solutions to combat malicious web traffic and threats. Its flagship product, Kasada Polyform, is a cloud-based platform that offers automated detection and mitigation of bot attacks targeting enterprise web applications. The technology safeguards websites and applications from various cyber threats, including credential stuffing, account takeovers, click fraud, and data-scraping attacks, thereby ensuring a secure online experience for businesses.

Myriota

Series B in 2020
Myriota Pty. Ltd. is an Australian company that specializes in developing low-power micro transmitters designed to facilitate secure data transmission for Internet of Things (IoT) applications. The company's technology enables devices to send small packets of data directly to low Earth orbit satellites, allowing for efficient communication across various sectors. Myriota's solutions are utilized in numerous applications, including asset monitoring in resource sectors, agriculture, oil and gas, mining, and environmental monitoring. The company was founded in 2015 and is headquartered in Adelaide, Australia, focusing on creating terminals, infrastructure, and applications that enhance operational efficiency and support data-driven decision-making in remote locations.

Prospection

Series A in 2020
Prospection is a prominent health insights company that specializes in healthcare data analytics, employing predictive analytics and machine learning to extract valuable insights from real-world healthcare data. Established in 2012 in Sydney, Prospection collaborates with government entities, pharmaceutical companies, and the medical community across a wide range of therapy programs, including immuno-oncology, diabetes, respiratory diseases, HIV, and hepatitis, operating in regions such as Australia, Japan, the Asia Pacific, the UK, and the USA. The company offers a software-as-a-service (SaaS) platform that transforms healthcare data into actionable insights, analyzing longitudinal patient data, geo-mapping, and medication utilization. This enables healthcare clients, including pharmaceutical manufacturers and research institutions, to enhance drug performance and improve patient outcomes through innovative data analytics solutions.

Kasada

Series A in 2019
Kasada Pty Ltd is a cybersecurity software company based in Chippendale, Australia, with additional offices in the United States and the United Kingdom. Established in 2014, the company focuses on developing solutions to combat malicious web traffic and threats. Its flagship product, Kasada Polyform, is a cloud-based platform that offers automated detection and mitigation of bot attacks targeting enterprise web applications. The technology safeguards websites and applications from various cyber threats, including credential stuffing, account takeovers, click fraud, and data-scraping attacks, thereby ensuring a secure online experience for businesses.

Advanced Navigation

Series A in 2019
Advanced Navigation is an Australian company that focuses on the development of advanced navigation technologies and robotics. It specializes in creating high-quality hardware and software products, drawing on expertise in areas such as sensors, global navigation satellite systems (GNSS), inertial navigation, and robotics. The company's origins in mission-critical robotics for military applications inform its product design and engineering. Advanced Navigation's devices incorporate global positioning systems (GPS) and attitude and heading reference systems (AHRS) to deliver precise position, acceleration, and orientation data, even in challenging environments. This technological capability supports clients in manufacturing and warehousing by enhancing process optimization and productivity.

Q-CTRL

Series A in 2019
Q-CTRL is a pioneering company in the quantum technology sector, focused on addressing critical challenges related to hardware error and instability. By developing advanced quantum control infrastructure software, Q-CTRL supports research and development professionals as well as end users in quantum computing, facilitating the transition to practical quantum computers. The company's innovative "Software-defined" quantum sensors are tailored for applications in defence, intelligence, navigation, and earth observation. With a team of expert quantum-control engineers, Q-CTRL collaborates with leading universities, national laboratories, and industry partners worldwide. As a notable member of the IBM Quantum Startup network and various industry consortia, Q-CTRL is recognized for its contributions to the field and has received several prestigious awards, including those from the Modern Manufacturing Initiative and the Next Generation Technology Fund. The company has garnered attention in major publications and was ranked among the Top 10 Most Innovative Tech Companies in Australia, highlighting its role in shaping the future of quantum technology.

Kapiche

Seed Round in 2019
Kapiche is a B2B SaaS company that offers an experience intelligence platform designed to assist customer-centric organizations in understanding and optimizing their service delivery. Utilizing advanced Natural Language Processing technology, the platform can rapidly analyze extensive amounts of both structured and unstructured customer and employee feedback data. This capability allows organizations to quickly identify key themes in feedback, gauge sentiments associated with those themes, and assess their impact on business performance. By streamlining the process of extracting insights from large volumes of feedback, Kapiche enables clients to gain a deeper, contextual understanding of customer experiences without the need for manual coding or extensive data handling.

Lumachain

Seed Round in 2019
Lumachain is a developer of a blockchain-based platform focused on enhancing transparency in global food supply chains. The platform enables real-time tracking and tracing of individual items, including their origin, location, and condition, from farm to fork. This functionality benefits producers and enterprises by incentivizing the creation of high-quality products while helping to reduce waste and increase efficiency. Additionally, Lumachain empowers consumers by providing them with information about the quality and ethical sourcing of the products they purchase. Overall, Lumachain aims to improve the sustainability and profitability of the food supply chain industry.

FluroSat

Seed Round in 2019
FluroSat is a digital platform that specializes in advanced agronomic analytics, utilizing agricultural data and science-based crop models to provide insights for farming operations. The company focuses on enhancing the productivity and sustainability of agriculture by delivering customized, site-specific solutions that are scalable across various supply chain sectors. FluroSat's innovative approach combines agronomy with soil and carbon modeling, enabling businesses to unlock the potential of resilient agricultural practices and improve profitability. By leveraging data-driven insights, FluroSat aims to empower farmers and agribusinesses to make informed decisions that enhance crop performance and sustainability.

FluroSat

Venture Round in 2019
FluroSat is a digital platform that specializes in advanced agronomic analytics, utilizing agricultural data and science-based crop models to provide insights for farming operations. The company focuses on enhancing the productivity and sustainability of agriculture by delivering customized, site-specific solutions that are scalable across various supply chain sectors. FluroSat's innovative approach combines agronomy with soil and carbon modeling, enabling businesses to unlock the potential of resilient agricultural practices and improve profitability. By leveraging data-driven insights, FluroSat aims to empower farmers and agribusinesses to make informed decisions that enhance crop performance and sustainability.

Fivecast

Venture Round in 2019
Fivecast is a provider of digital intelligence solutions focused on enhancing safety for communities worldwide. The company specializes in advanced data collection and AI-enabled analytics to address critical challenges in national security, law enforcement, corporate security, and financial intelligence. Its platform utilizes deep learning to detect threats in images, texts, and videos, facilitating threat visualization and network analysis. Based in Australia, with a strong presence in the US, UK, and Europe, Fivecast was established through collaboration between government agencies and research institutions to effectively manage big data challenges. It is recognized for its role within the Five Eyes alliance, reflecting its commitment to supporting public and private organizations in uncovering actionable insights essential for protecting global communities.

Morse Micro

Series A in 2019
Morse Micro is a wireless integrated circuit solutions company focused on reinventing Wi-Fi for the Internet of Things (IoT). Founded by industry experts including Wi-Fi pioneers, the company is headquartered in Australia with additional offices in China and the United States. Morse Micro specializes in low-power wireless chips that enhance Wi-Fi connectivity across a wide range of IoT applications, such as surveillance systems, access control, industrial automation, and mobile devices. Their innovative technology allows for smaller and more cost-effective chips, facilitating a robust IoT ecosystem that supports connected devices operating over greater distances. The company's diverse team and strong portfolio of intellectual property position it as a key player in the evolving IoT market.

Baraja

Series A in 2019
Baraja is a technology company that specializes in advanced LiDAR systems for autonomous vehicles. It has developed a unique platform called Spectrum-Scan™, which revolutionizes traditional LiDAR by utilizing a prism to refract light instead of relying on fragile moving parts. This innovative approach enables Baraja's technology to achieve exceptional range, precision, and reliability, even in challenging environments. By connecting a wavelength-tunable laser to prism-like optics via robust optical fiber, Baraja's system allows autonomous vehicles to instantly scan their surroundings from multiple angles with high detail and adaptability.

Emesent

Seed Round in 2018
Emesent is a technology company focused on automating the collection and analysis of critical data in challenging underground environments. Its flagship product, Hovermap, is a LiDAR-mapping and autonomy payload designed for industrial drones, enabling them to operate and map in GPS-denied areas such as underground mines. Through Hovermap and other innovative solutions, Emesent enhances efficiency, safety, and operational insights for clients in sectors like mining and infrastructure. The company's team of experienced roboticists and engineers is dedicated to advancing drone autonomy and data analytics for various industrial applications, making Emesent a leader in its field.

RapidAIM

Seed Round in 2018
RapidAIM is focused on enhancing pest management in agriculture by providing a comprehensive IoT-based pest monitoring platform. The company utilizes a network of low-power sensors and edge computing technology to monitor pest activity in real-time. This platform generates alerts and forecasts that enable growers to promptly identify and address pest threats, thereby minimizing potential crop damage and losses. By offering services such as regional pest surveillance and crop border security, RapidAIM aims to improve the efficiency and effectiveness of pest control measures in the agricultural sector.

Gilmour Space

Series B in 2018
Gilmour Space Technologies Pty Ltd is an Australian company established in 2012, based in Pimpama, that specializes in developing low-cost hybrid rockets aimed at the small satellite market. The company focuses on creating hybrid launch vehicles that utilize proprietary 3D printed fuel, allowing for precise control over combustion patterns during ignition. This innovative approach is designed to provide research organizations and clients with a reliable and economical means of launching satellites into low Earth orbit. Gilmour Space is on track to launch its Eris orbital launch vehicles and G-Sat small satellite platforms in 2024.

Practera

Venture Round in 2018
Practera is a developer of a collaborative educational platform that facilitates experiential learning on a large scale, addressing the skills gap between universities and the workplace. Employers increasingly seek graduates equipped with practical skills, while universities face challenges in providing high-quality work-integrated learning experiences to large student populations. Practera's proprietary technology enables both universities and corporations to deliver effective experiential programs efficiently, accommodating hundreds to thousands of students. By streamlining the traditional internship model, which often has high overhead costs and scalability issues, Practera aims to transform the economics and outcomes of work-integrated learning. This positions the company within a rapidly growing $50 billion industry that is part of the broader $1.5 trillion global higher education market. Through its innovative platform, Practera connects the realms of work and learning, enhancing professional skill development and mentoring opportunities for students.

Intersective

Series A in 2018
Intersective develops technology and provides services to help educators deliver better experiential learning. The company offers Practera, an experiential education tool that helps educators and employers deliver and manage work-integrated learning from internships to complex, large-scale programs. Founded in 2010, Intersective is based in Darlinghurst, Australia.

Indee Labs

Seed Round in 2018
Indee Labs specializes in developing innovative hardware for gene delivery, focusing on a non-viral intracellular delivery system. This technology facilitates the efficient development and scalable manufacture of gene-modified cell therapies, including chimeric antigen receptor T cells. By employing microfluidic vortex shedding, the system enables the gentle delivery of constructs such as nucleic acids, proteins, and gene-editing complexes to a variety of cell types, ensuring maximum recovery of viable, modified cells with minimal disruption. Indee Labs collaborates with the Australian National Fabrication Facility and has established its presence with offices in Sydney and lab space at Bonneville Labs in Berkeley. The company is recognized for its contributions to the field, having affiliations with NSW Health, IndieBio, Y Combinator, and MBC Biolabs.

Myriota

Series A in 2018
Myriota Pty. Ltd. is an Australian company that specializes in developing low-power micro transmitters designed to facilitate secure data transmission for Internet of Things (IoT) applications. The company's technology enables devices to send small packets of data directly to low Earth orbit satellites, allowing for efficient communication across various sectors. Myriota's solutions are utilized in numerous applications, including asset monitoring in resource sectors, agriculture, oil and gas, mining, and environmental monitoring. The company was founded in 2015 and is headquartered in Adelaide, Australia, focusing on creating terminals, infrastructure, and applications that enhance operational efficiency and support data-driven decision-making in remote locations.

The EVERY Company

Seed Round in 2018
The EVERY Company is the market leader in engineering, manufacturing and formulating animal-free, animal proteins as ingredients for the global food and beverage industry. Leveraging advanced fermentation to produce functional and nutritional proteins from microorganisms, the Company is reimagining the factory farm model that underpins industrial animal agriculture with a more sustainable, kinder, and healthier alternative. Clara Foods is on a mission to decouple the world's most powerful proteins from the animals that make them.

FluroSat

Seed Round in 2017
FluroSat is a digital platform that specializes in advanced agronomic analytics, utilizing agricultural data and science-based crop models to provide insights for farming operations. The company focuses on enhancing the productivity and sustainability of agriculture by delivering customized, site-specific solutions that are scalable across various supply chain sectors. FluroSat's innovative approach combines agronomy with soil and carbon modeling, enabling businesses to unlock the potential of resilient agricultural practices and improve profitability. By leveraging data-driven insights, FluroSat aims to empower farmers and agribusinesses to make informed decisions that enhance crop performance and sustainability.

Maxwell Plus

Seed Round in 2017
Maxwell Plus is an AI platform for data driven clinical diagnostics. Maxwell Plus gives clinicians, researchers, and companies the tools they need to accelerate the design, development, delivery of clinical diagnostics built upon medical imaging, pathology and other data. The first diagnostic model available on Maxwell is for prostate cancer.

Morse Micro

Seed Round in 2017
Morse Micro is a wireless integrated circuit solutions company focused on reinventing Wi-Fi for the Internet of Things (IoT). Founded by industry experts including Wi-Fi pioneers, the company is headquartered in Australia with additional offices in China and the United States. Morse Micro specializes in low-power wireless chips that enhance Wi-Fi connectivity across a wide range of IoT applications, such as surveillance systems, access control, industrial automation, and mobile devices. Their innovative technology allows for smaller and more cost-effective chips, facilitating a robust IoT ecosystem that supports connected devices operating over greater distances. The company's diverse team and strong portfolio of intellectual property position it as a key player in the evolving IoT market.

Q-CTRL

Seed Round in 2017
Q-CTRL is a pioneering company in the quantum technology sector, focused on addressing critical challenges related to hardware error and instability. By developing advanced quantum control infrastructure software, Q-CTRL supports research and development professionals as well as end users in quantum computing, facilitating the transition to practical quantum computers. The company's innovative "Software-defined" quantum sensors are tailored for applications in defence, intelligence, navigation, and earth observation. With a team of expert quantum-control engineers, Q-CTRL collaborates with leading universities, national laboratories, and industry partners worldwide. As a notable member of the IBM Quantum Startup network and various industry consortia, Q-CTRL is recognized for its contributions to the field and has received several prestigious awards, including those from the Modern Manufacturing Initiative and the Next Generation Technology Fund. The company has garnered attention in major publications and was ranked among the Top 10 Most Innovative Tech Companies in Australia, highlighting its role in shaping the future of quantum technology.
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