Serendipity Capital led a US$5 million (A$7 million) seed investment in QuantX Labs, an Australian developer of optical atomic clocks.

The Adelaide-based start-up’s technology has been deployed on a mission by Elon Musk’s SpaceX. It also counts the Australian Department of Defence as a client.

Serendipity Capital led a US$5 million (A$7 million) seed investment in QuantX Labs, an Australian developer of optical atomic clocks.

Permanent capital firm Serendipity Capital has led the seed fundraising round for QuantX Labs, an Adelaide-based company specializing in precision quantum sensing and timekeeping.…