Corporate / CVC · 2 deals
Every published round ABB took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Gridcog | Series A | 4 Aug 2026 | $14m | Lead | pv-magazine-australia.com, Startup Daily, gridcog.com | |
| Kite Magnetics | Accelerator | 28 May 2026 | $2m | Lead | Startup Daily, Dealroom, Breakthrough Victoria |
Companies ABB has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Kite Magnetics | Startup developing stator core motors for electric aviation | 28 May 2026, Accelerator | 1 | 1 |
| Gridcog | Models hybrid energy projects to integrate more renewable power generation | 4 Aug 2026, Series A | 1 | 1 |
Fund closes reported for ABB, as distinct from the investments it has made.
Companies ABB has backed that another company then bought. An exit for the holding, not a deal ABB did.
| Name | Role | Sources |
|---|---|---|
| Dr Daniel Kearney | Senior Research Scientist (former) | smc.co, firmus.co |
Stories naming ABB. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Gridcog, an Australian-founded energy modelling platform now headquartered in London, has landed a US$10 million ABB-led Series A, with Axpo, DNV Ventures, VERBUND X Ventures, AlbionVC and CEFC joining.
Breakthrough Victoria rounds up April–May 2026 portfolio news, including grants for Number 8 Bio and Xefco, Liquid Instruments' Series C, program selections, partnerships, regulatory clearances and two new Aravax directors.
A rundown of Gartner's ten technology trends to watch in 2025, spanning agentic AI, governance platforms, disinformation security, quantum-safe cryptography, spatial computing, robotics and neurological enhancement, with Australian startup Synchron cited.
Firmus Technologies introduces Daniel Kearney as its new chief technology officer; the question-and-answer piece covers his cloud and thermal research background and his views on immersion cooling for sustainable AI infrastructure.
Firmus introduces Daniel Kearney as its new chief technology officer and interviews him about his cloud and thermal research background, his PhD work on liquid cooling, and his views on sustainable AI infrastructure.
A rolling roundup of Australian energy-sector job moves, listing dozens of executives, directors and ministers joining or leaving utilities, regulators, developers and industry bodies between May and December 2023.
Roundup of manufacturing items: a satellite launch plan, a biotech tax incentive payment, a boot range launch, a solar CEO's exit, a ferry study, a university battery hub, and a recycling trial.