Rampersand
Deal focus: Small is beautiful at Quantum Brilliance
Australia-based Quantum Brilliance has raised USD 18m in pre-Series A funding on the back of technological breakthrough that delivers quantum computing without large-scale cooling infrastructure
Australia quantum computer maker raises $18m
Australian quantum computer start-up Quantum Brilliance has raised USD 18m from several local VC firms, plus US-based investors Ultratech Capital Partners and CM Equity Partners.
Australia's mx51 secures $22.5m Series B
Mx51, an Australia-based payments technology platform that emerged as a partnership with Westpac, has raised AUD 32.5m (USD 22.4m) in Series B funding.
Australia's Rampersand targets $29m for fourth VC fund
Rampersand, an Australia-based VC investor, is looking to raise A$40 million ($29.6 million) for its fourth fund, which will address what the firm describes as a “chronic funding gap in early-stage seed funding.”
Australian courier services player Sendle gets Series B
Federation Asset Management – a group headed by the former head of Macquarie Capital’s principal investment division in Australia and New Zealand – has led a A$20 million ($14.5 million) Series B for Australian courier services player Sendle.