The investment manager has become a limited partner in CSIRO-founded Main Sequence Ventures, which announced its $194m Fund 2 in April this year.

Main Sequence Ventures, the Australia-based venture capital firm founded by Commonwealth Scientific Research Organisation (CSIRO), added investment manager Australian Ethical to the limited partners for its Fund 2 today.

The fund launched in April this year with $194m in capital and while Main Sequence partner Mike Zimmerman told GUV he was unable to disclose the current size, he confirmed the firm was looking to achieve a final close this autumn and would provide an updated figure then.

John Woods,…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.