14 April 2026
Deteqt Closes $5M AUD Seed Round to Advance Chip-Scale Magnetic Field Intelligence
Deteqt's quantum magnetic sensor prototype - the foundation for a chip-scale platform bringing magnetic field intelligence to the real world.
Deteqt has closed a $5M AUD seed round led by Main Sequence, with participation from ATP Fund, BOKA Capital, Beaten Zone Venture Partners, Uniseed, and the University of Sydney. The syndicate spans Australia, the United States, and the United Kingdom.
The funding will accelerate development of Deteqt's field-ready quantum magnetometer, scale device manufacturing, grow the team, and advance toward first commercial deployments.
This raise marks a significant milestone. With a first chip-based device already in hand, the company is now building the platform to scale it.
Rupal Ismin, COO, Dr Jim Rabeau, CEO and Co-Founder, and Prof Omid Kavehei, Co-Founder
