DeteQt is a University of Sydney deep tech spin-out founded in 2024 by professors Jim Rabeau and Omid Kavehei, with COO Rupal Ismin as cofounder. The company builds patented diamond-on-silicon chips and a chip-scale quantum magnetometer designed to detect magnetic fields for applications including navigation, mineral exploration, medical imaging, and defence. DeteQt has secured a contract with the Australia Defence Force for GPS-denied navigation systems and has built commercial partner pipeline and traction in under 18 months. Financially, the company has completed a $750,000 pre-Seed round and the current $5 million Seed round. The new funding will support development of a field-ready quantum magnetometer, scaling of diamond chip manufacturing, and expanding the team. Management emphasizes a chip-scale manufacturing path to enable deployment of sensitive sensors at scale.

Total raised

$4M

Funding rounds

2

Latest round

Seed

Latest activity

Apr 2026