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Sydney-based quantum sensing startup Q-CTRL raises $25M Series B led by Airbus Ventures

TechCrunch

Q-CTRL , a Sydney-based startup that provides quantum control engineering solutions, announced today it has raised a $25 million Series B led by Airbus Ventures with participation from Ridgeline Partners, Main Sequence Ventures, Horizons Ventures, SquarePeg Capital, Sierra Ventures, DCVC, Sequoia Capital China and InQTel. .

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World Fund joins $128M bet that quantum can deliver climate breakthroughs

TechCrunch

” The company says it is already “ working on novel approaches to develop better battery solutions with a leading car manufacturer,” and it plans to spend its new funds on further research in battery tech, quantum chemistry and other areas.

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To fix the climate, these 10 investors are betting the house on the ocean

TechCrunch

It is now ‘warming’ up to ocean conservation,” Daniela Fernandez, managing partner of Seabird Ventures, told TechCrunch. Our planet is 70% ocean, so the urgency of facing and solving climate change can only be properly addressed if we include the ocean in the equation,” said Rita Sousa, partner at Faber Ventures.

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Extra Crunch roundup: Here’s everything you missed at TechCrunch Disrupt 2021

TechCrunch

We just wrapped up a three-day virtual event that included discussions and interviews with some of the most notable people in technology, media, government and venture capital. The amount of plastic pouring into our oceans is set to triple by 2040, and most un-recycled plastic in the world is generated by consumer packaged goods.

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Australian QuintessenceLabs grabs $25M to scale quantum-safe cybersecurity solutions

TechCrunch

The latest funding was led by Main Sequence and TELUS Ventures , with participation from Mizuho Financial Group-backed InterValley Ventures and Capital Property Group. . In parallel, QuintessenceLabs is developing partnerships in Japan and India, Sharma noted. . from Amadeus Capital Partners. ” . .

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The Station: Tier buys Spin, Waymo gets to charge for robotaxi, and Tesla needs a Tim Cook

TechCrunch

Other deals that got my attention… Autonomous trucking startup Inceptio Technology raised a $188 million round led by Sequoia Capital China and Legend Capital. In China, 60% of journey-miles may be autonomous by 2040, according to a recent report by McKinsey & Co. companies , like Nvidia, Qualcomm and Intel.

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Samsara Eco wants to help end global plastic crisis with enzyme-based technology

TechCrunch

Global plastic use is expected to double by 2040 , with most plastic sent to landfills and only 13 percent recycled. Investors include the Clean Energy Finance Corporation (CEFC), and existing bakers W23, the venture capital arm of Sydney-based supermarket giant Woolworth , and Main Sequence. .