This week’s Founder Friday funding roundup covers quantum chip manufacturing, enterprise IT, and data privacy. Three raises across Australia, New Zealand and the US closed this week.
This week’s funding roundup spans quantum computing, enterprise IT management, and data privacy. Three raises closed across Australia, New Zealand and the United States, with the largest a $40 million follow-on from the federal government’s National Reconstruction Fund into a Sydney quantum scaleup.
Silicon Quantum Computing raises $40 million
Sydney-based quantum chip company Silicon Quantum Computing has received a further $40 million from the federal government’s National Reconstruction Fund, less than three months after an initial $20 million investment from the same body. The new funds are directed at the development and expansion of the company’s quantum chip manufacturing capability.
Total NRF investment now stands at $60 million. The federal government also holds approximately a one-third stake in SQC, having invested $40 million separately including $25 million in 2017. Other investors in the company include CBA, Telstra, UNSW, and the NSW Government. The raise is part of a larger round currently underway. SQC last raised a $50 million Series A in 2023 at a $195 million valuation. The company was founded by Professor Michelle Simmons.
NinjaOne raises $400 million at $12.3 billion valuation
Sydney-based IT operations platform NinjaOne has raised more than $400 million in Series C extensions at a $12.3 billion valuation. The round included participation from Wellington Management, Teachers’ Venture Growth, BDT and MSD Partners, Sequoia Capital, ICONIQ, Hedosophia, NEA, Washington Harbour Partners, CapitalG, and Pinegrove Opportunity Partners.
NinjaOne unifies endpoint management, IT automation, and remote monitoring into a single platform. The company remains founder-led and debt-free, with co-founders Sal Sferlazza and Chris Matarese retaining majority control. NinjaOne delivered nearly 70 per cent year-over-year growth in 2025 and achieved profitability in the first quarter of 2026. It was named a Leader in the 2026 Gartner Magic Quadrant for Endpoint Management Tools.
DataMasque raises US$4 million
Auckland-based data de-identification and synthetic data platform DataMasque has raised US$4 million in a round led by the early-stage fund of Wavemaker Partners, with existing investors OIF Ventures and Icehouse Ventures participating. The platform allows organisations to use sensitive data, including customer records and call transcripts, for AI development without it leaving their own infrastructure.
Customers include New York Life, ADP, Best Western Hotels and Resorts, One NZ, TAL, and government agencies across New Zealand, Australia, and the United States. DataMasque has tripled headcount and achieved 6x ARR growth since its seed round in late 2023. Peter Lilley, co-founder of Instaclustr, which was acquired by NetApp, has joined the board as the company scales across key markets.
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