In May 2021, Castlepoint successfully completed a Series A led by Main Sequence, Australia’s deep tech investment fund created by CSIRO. Existing investors IxTx also contributed to the funding round.
Lead investor Main Sequence has a mandate to back Australia’s most promising deep-tech companies to solve some of the world’s greatest challenges.
Main Sequence was created by CSIRO and its’ origins within CSIRO reflect its commitment to amplifying connections between industry, research, and infrastructure to accelerate deep technology development, and reinvesting economic returns from commercialisation back into science.
Organisations are struggling to keep up with the vast amounts of digital information being created across their networks each day, and the dramatic shift to remote working caused by the pandemic has only exacerbated the challengeMike Zimmerman – Partner, Main Sequence Ventures