Spinouts developing products ranging from troubleshooting for quantum computers to energy efficient wifi devices will be supported by the innovation fund.

Australian government-owned research institute Commonwealth Scientific and Industrial Research Organisation (Csiro) yesterday announced its first four investments through the $150m Innovation Fund. The fund is managed by Main Sequence Ventures and backs spinouts from Csiro and other state-funded bodies. The four initial portfolio companies include: Q-Ctrl, a quantum computing developer led by Michael Biercuk, professor…

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