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MagnaTerra Technologies raised $11 million in funding led by RFC Ambrian’s QCM Fund to further develop MR sensing technology for various applications.

PRIVATEJul 04, 2025

Amount Raised

A$11 Million

Round Type

Funding Round

SydneyBiotechnology

Investors

CodanWorleyShaw And PartnersCsiroRfc Ambrian’s Qcm Fund

Description

Four Australian startups secured $22.2 million in funding this week, with MagnaTerra Technologies leading the charge with $11 million. The funding will assist in the development of MR sensors for critical minerals and defense applications. Investors include RFC Ambrian, Shaw and Partners, and others. This capital raise is crucial for the startup's international expansion goals.

Who else raised in Biotechnology around the same time

Companies in the same sectors as MagnaTerra Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Absco Therapeutics raised $5M on August 18, 2025.
  • BioGene Therapeutics raised $250K on August 18, 2025.
  • Anocca raised $46M (Funding Round) on August 18, 2025.
  • Mirugen raised $3.3M (Seed) on August 18, 2025.
  • CILA Therapeutics raised an undisclosed amount (Grant) on August 15, 2025.
  • RIVANNA raised $800K (Grant) on August 15, 2025.

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Company Information

Company

MagnaTerra Technologies

Location

Sydney, New South Wales, Australia

About

MagnaTerra Technologies focuses on Magnetic Resonance (MR) sensing technology for applications in mining, demining, defence, and security. The startup emerged from a merger of two companies originally spun out of the CSIRO and aims to enhance detection technologies developed by Australia's national science agency. Their innovations have potential applications in critical minerals detection and humanitarian efforts. The company is leveraging substantial funding to expand its capabilities internationally.

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MagnaTerra Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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