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,…

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).