Lockheed Martin was among the limited partners that helped Main Sequence Ventures add almost $95m to its Csiro Innovation Fund 1.
Australia-based fund manager Main Sequence Ventures has added A$132m ($94.8m) to its Csiro Innovation Fund 1 from investors including aerospace and defence equipment manufacturer Lockheed Martin, the Australian Financial Review reported on Tuesday.
University of Melbourne, superannuation fund Hostplus and Singaporean government-owned investment firm Temasek also contributed to the fundraising, which increased the size of Csiro Innovation Fund 1’s to $167m, $23m above its original target.
Main Sequence Ventures was set up specifically to manage the Csiro Innovation Fund, established…
