Amount$6M
SeriesGovernment Funding
AnnouncedMay 14, 2015
SectorQuantum Computing
Sub-sectorQuantum Computing
RegionAustralia
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Government Funding round — well under the median.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Government Funding rounds (8)
Round size distribution13th pct
smaller Government Funding roundslarger
vs. Quantum Computing (99)
Round size in sector29th pct
$43Kthis round: $6M$70M
