DeteQt Secures AUD $750K ($471K USD) Pre-Seed to Advance Diamond-on-Chip Quantum Sensor Prototype
Mohamed Abdel-Kareem2026-03-17T12:56:48-07:00DeteQt, a quantum sensing spinout from the University of Sydney, has secured AUD $750,000 ($471K USD) in pre-seed funding from Main Sequence Ventures and ATP Fund to scale development of its diamond-on-chip magnetometry platform. The raise builds on a AUD $3.3 million ($2.1 million USD) defence contract awarded last year via the Defence Innovation Network to demonstrate dual-chip quantum magnetometers targeting real-world applications such as inertial navigation, resource detection, and medical diagnostics. DeteQt’s approach integrates nitrogen-vacancy (NV) diamond sensing elements with silicon CMOS control and readout circuitry, fabricated via Global Foundries, into a compact, manufacturable platform. The architecture enables strong coupling [...]