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Deteqt raises $5M to scale manufacturing of chip-scale quantum sensing technology

Australian quantum sensing company Deteqt has closed a $5 million AUD seed round, highlighting a manufacturing-focused push to scale its chip-scale quantum magnetic sensing technology as global interest in defence and field-deployable sensing grows.

University of Sydney spin-out DeteQt lands $750K for quantum sensing innovation

Quantum sensing startup DeteQt has secured $750,000 in pre-seed funding from Australia’s Main Sequence Ventures and US-based deep-tech investor ATP Fund.
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.