The CSIRO's innovation fund Main Sequences Ventures has raised an additional $132 million for its first fund, bringing on board superannuation fund Hostplus, Singapore government's Temasek and US aerospace and defence multinational Lockheed Martin as investors.
The latest capital injection puts the funds total at $232 million – $32 million over its original target.
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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
