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ACT venture fund backs Canberra defence startup with $1.5 million
ACTivate Capital invested $1.5 million in Seitec, a Canberra defence technology company. It was the government-backed fund's first major investment.
Why it mattersThe fund aims to keep Canberra's best tech talent and ideas local. It also builds Australia's defence strength and creates high-value jobs in the city.
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