Amount$70M
SeriesGovernment Funding
AnnouncedJan 1, 2018
SectorQuantum Computing
Sub-sectorQuantum Computing
RegionAustralia
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Government Funding round (2.1×).
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 distribution100th pct
smaller Government Funding roundslarger
vs. Quantum Computing (99)
Round size in sector86th pct
$43Kthis round: $70M$70M
