University of Melbourne and Lockheed Martin have contributed to an additional $94.8m tranche for the Csiro Innovation Fund, bringing its total to $167m.

University of Melbourne and Lockheed Martin have contributed to an additional $94.8m tranche for the state-backed Csiro Innovation Fund, bringing its total to $167m. Australia-based fund manager Main Sequence Ventures has raised an additional A$132m ($94.8m) for its Australian government-backed Csiro Innovation Fund 1 from investors including University of Melbourne, the Australian Financial Review reported…

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