Edtech software engine developer Intersective has been backed by Main Sequence Ventures, allocating the funding for further R&D and overseas expansion.
Australia-based edtech software developer Intersective has secured A$3.5m ($2.7m) from Main Sequence Ventures, which manages the $150m Innovation Fund for Commonwealth Scientific and Industrial Research Organisation (Csiro), StartupSmart reported on Thursday.
Main Sequence Ventures originally named Intersective in October 2017 as one of the vehicle’s four inaugural investments, however this is the first time further details have emerged. Intersective has not disclosed equity funding previously.
Founded in 2010, Intersective has created a software development engine called Practera that…
