Former CBA CFO’s Serendipity Capital backs quantum technology start-up
Summary
Serendipity Capital, co-founded by former CBA executive Rob Jesudason, has invested US$5 million in Adelaide-based QuantX Labs. The startup builds a high-precision atomic clock that uses optical rather than microwave frequencies. QuantX Labs is targeting defence, space, and critical infrastructure applications. The story points to continued investor interest in quantum technology and adjacent infrastructure use cases.
Funding
Amount
$5.0M
Total raised
Date
June 3, 2026
Announcement date
Investors
-
Lead investors
Company
quantxlabs.com
Funded company
Classifications
industries
Fintech & Banking
applications
Web and Content Management
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