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CSIRO quadruples backing for Main Sequence's Atmosphere fund to $20M. The pre-seed fund increases from $5M to $20M for fund 4.
PRIVATESep 20, 2026•about 3 hours ago
Amount Raised
A$20 Million
Round Type
Pre-Seed
AustraliaBiotechnologyVenture Capital
Investors
Csiro
Description
CSIRO has quadrupled its backing for Main Sequence's Atmosphere pre-seed fund to $20 million. The funding has increased from $5 million allocated in fund 3 to $20 million in fund 4, which Main Sequence is preparing to raise later this year. The Atmosphere fund was launched two years ago as an experiment to turn promising Australian science into venture-backed companies. The model, described as 'venture buildability,' helps scientists who understand their technology develop the commercial machinery around it.
Company Information
Company
Main Sequence Atmosphere
Location
Australia
About
Main Sequence's Atmosphere is a pre-seed fund that transforms promising Australian science into venture-backed companies. It operates on a 'venture buildability' model, helping scientists develop the commercial machinery around their existing technology. The fund has grown from $5 million in its third iteration to $20 million in its fourth fund.
Fundz sees it the moment Main Sequence Atmosphere raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.