In-Q-Tel

In-Q-Tel, founded in 1999 and based in Tysons, Virginia, is a not-for-profit venture capital firm that partners with innovative companies to provide advanced technologies to the U.S. Intelligence Community, including the Central Intelligence Agency. The organization focuses on accelerating the development and delivery of vital solutions that enhance national security. In-Q-Tel invests in a diverse range of technology sectors, such as artificial intelligence, biotechnology, data analytics, and the Internet of Things, seeking to support startups that can deliver timely innovations essential for intelligence and defense operations. By identifying and fostering cutting-edge technology, In-Q-Tel plays a crucial role in equipping government agencies with the tools necessary to fulfill their missions effectively.

Stephen C. Bowsher

President & Chief Executive Officer

Howard Cox

Board of Trustees

Chris Darby

President and CEO

Michael Falcon

Partner

George Hoyem

Executive Vice President, Investments

Lisbeth Poulos

Executive Vice President, Technology Transfer

Ted Schlein

Trustee

Matt Strottman

COO

Past deals in Australia

Swoop Aero

Series B in 2022
Swoop Aero Pty Ltd, founded in 2017 and based in Melbourne, Australia, specializes in autonomous air transport as a service. The company is recognized for its expertise in building and operating air transportation networks, particularly in challenging environments. Swoop Aero distinguishes itself by gaining practical knowledge through real-world experience rather than theoretical study, positioning itself as a leader in the development of autonomous air transport solutions.

Zetaris

Venture Round in 2022
Zetaris Pty Ltd, founded in 2012 and based in Docklands, Australia, specializes in enterprise big data analytics and solutions. The company offers a range of products aimed at transforming data management, including Alchemist for creating data products, an In-Mem Engine for memory-based query processing, and a suite of connectors to various SQL and NoSQL technologies. Zetaris focuses on Analytical Data Virtualization, allowing businesses to analyze data from disparate sources without physical duplication, thereby reducing costs and accelerating time to market. Its technologies, such as the Zetaris Database, a high-performance MPP database engine, and the optimized Zetaris Hadoop, support a wide array of analytical functions including pattern recognition and business intelligence. By addressing the often-overlooked data back office, Zetaris aims to enhance digital transformation initiatives and facilitate the development of innovative data-driven applications.

Q-CTRL

Series B in 2021
Q-CTRL Pty Ltd, established in 2017 and located in Pyrmont, Australia, specializes in developing software tools and firmware for the quantum computing sector. The company focuses on addressing critical challenges in quantum technology, such as noise and decoherence, which affect the performance of quantum devices. By leveraging its expertise in quantum control engineering, Q-CTRL provides intuitive software solutions designed to reduce errors in quantum bits, thereby stabilizing quantum hardware. Its offerings are particularly relevant in the NISQ (Noisy Intermediate-Scale Quantum) era, allowing users to better understand and manage the impacts of noise and errors in quantum systems. Through its innovative approach, Q-CTRL aims to make quantum technology more practical and accessible for various applications, including quantum sensing in defense.

Fleet Space Technologies

Series B in 2021
Fleet Space Technologies Pty Ltd designs, builds, and launches satellites for global satellite connectivity to the Internet of things (IoT). It builds a network of tiny satellites to deliver backhaul service for the Internet of Things that gives coverage to devices worldwide. The company serves mining, oil and gas resources, precision agriculture, and transport and logistics sectors. Fleet Space Technologies Pty Ltd was founded in 2015 and is based in Beverley, Australia.

Emesent

Seed Round in 2020
Emesent Pty Ltd develops and markets hovermap system that collects data in underground areas. It offers complete inspection and mapping of underground assets such as mines, transport tunnels, and utility tunnels. The technology also works in areas that do not have global positioning system (GPS) access. The company was founded in 2018 and is based in Pullenvale, Australia.

Q-CTRL

Venture Round in 2020
Q-CTRL Pty Ltd, established in 2017 and located in Pyrmont, Australia, specializes in developing software tools and firmware for the quantum computing sector. The company focuses on addressing critical challenges in quantum technology, such as noise and decoherence, which affect the performance of quantum devices. By leveraging its expertise in quantum control engineering, Q-CTRL provides intuitive software solutions designed to reduce errors in quantum bits, thereby stabilizing quantum hardware. Its offerings are particularly relevant in the NISQ (Noisy Intermediate-Scale Quantum) era, allowing users to better understand and manage the impacts of noise and errors in quantum systems. Through its innovative approach, Q-CTRL aims to make quantum technology more practical and accessible for various applications, including quantum sensing in defense.

Myriota

Series B in 2020
Myriota was established to solve a very real customer problem: providing access to high value small data in remote locations at low cost. Myriota’s advanced signal processing technologies were created with commercialization at their core. As a result, Myriota is relentless in its pursuit of customer delight and the belief that commercial success is the natural outcome of doing everything right for their customers.

QuintessenceLabs

Venture Round in 2020
The Global Leader in Quantum Security. The company has developed a suite of data security technology, products, and solutions to secure valuable digital information in-transit, at-rest or in-use. By centralizing the management and control of data-security policy and harnessing quantum science properties to strengthen data security solutions, its solutions maximize security, increase ROI from existing assets, and reduce data-security complexities. Customers include financial services companies such as Westpac Group, a leading Australian bank, Technology providers, such as NetDocuments, a cloud storage provider for the legal industry, and PKWare, federal customers such as the US State Department, and defence primes such as Boeing Corporation and Northrop Grumman.

Advanced Navigation

Series A in 2019
Advanced Navigation is a privately owned Australian company that specializes in the development of navigation technologies and robotics. The company has a focus on generating products of the highest quality standard, both in terms of hardware and software. The company's founders came from a background in mission critical robotics built to military specifications and this can be seen through Advanced Navigation's products. Advanced Navigation's engineers have specialized expertise across a broad range of fields including sensors, GNSS, inertial navigation, RF technologies, acoustics, robotics, AI, and algorithms.

Kasada

Series A in 2019
Kasada Pty Ltd is an Australian company specializing in cyber-security software solutions. Founded in 2014 and headquartered in Chippendale, Australia, with additional offices in the United States and the United Kingdom, Kasada develops a cloud-based product known as Kasada Polyform. This product focuses on automated bot detection and mitigation specifically designed for enterprise web applications. By addressing the economic challenges associated with the misuse of automation in applications and APIs, Kasada aims to enhance the security posture of organizations against malicious automated threats.

Ephesoft

Venture Round in 2016
Ephesoft Inc. specializes in document and data capture solutions, providing tools for both document capture and data extraction through its flagship product, Ephesoft Transact. Additionally, the company offers Ephesoft Insight, which focuses on enterprise document analytics and business intelligence. Ephesoft's solutions cater to various industries, including mortgage, banking, government, insurance, education, healthcare, and compliance with General Data Protection Regulation. Founded in 2010 and headquartered in Irvine, California, the company has expanded its presence internationally with locations in the United Kingdom, Germany, France, Australia, Singapore, and Italy. Ephesoft is notable for its Intelligent Document Capture technology that operates both on-premise and in the cloud, addressing diverse needs such as optical character recognition for mortgages, invoices, and insurance correspondence.

Etherstack

Venture Round in 2007
Etherstack is a global, ASX listed technology company based in Sydney, Australia. We specialise in wireless communications technologies that serve customers in the public safety, defence, utilities and mining industries. With R&D locations in 7 countries around the world, our protocol stacks are exported globally and licensed by leading radio manufacturers. Our Australian solutions partner and subsidiary, Auria Wireless, provides complete digital radio networks using Etherstack software.