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

Past deals in Australasia

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.

Skykraft

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.
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