Alan Hunter

NRN: Investment Notes

Virescent Ventures explains why it co-led NRN's Series A, profiling the Sydney company's no-upfront-cost solar and battery marketplace model and its two founders.

Five Aussie startups that raised $85 million this week

Roundup of five Australian raises totalling $85 million: National Renewable Network's Series A, plus Syenta, Cuttable, SprintSuite and Bitwise Agronomy, with lead investors and expansion plans for each.

Renewables virtual power plant startup charges up with $17 million Series A

Household virtual power plant platform NRN has secured a $17 million Series A led by Investible and Virescent Ventures, plus $50 million debt from Infradebt, with Ecotone Partners newly joining via its Planet Fund.

Also Startup Daily

NRN's $67.2 million raise charges up virtual power plant growth

Sydney clean energy startup NRN has secured a $67.2 million Series A co-led by Investible, Virescent Ventures and Ecotone Partners' Planet Fund, plus Infradebt debt, to scale its virtual power plant platform.

Also RenewEconomy·Dealroom·SmartCompany·RenewEconomy·RenewEconomy·RenewEconomy

Investment Notes: National Renewable Network

Jelix's investment note explains why its fund joined NRN's oversubscribed $4.3m raise ahead of its Series A, covering the startup's solar financing model, rapid revenue growth, and market opportunity.

Also SmartCompany·Startup Daily·RenewEconomy

Eight Aussie startups that raised $80 million this week

Weekly funding roundup covering eight local companies that together banked $80m, topped by twin $17m Series Bs at Safewill and Fresho, plus Celosia's $16.75m Series A and five smaller rounds.

Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·LaunchVic

Eight Aussie startups that raised $118.8 million this week

Weekly roundup of eight Australian funding rounds, led by Samsara Eco's $100m Series A extension; Diraq, 1Breadcrumb, Aquila, NRN, Klean, Bearhug and Sindy Labs also secured capital, and Klean won a Queensland grant.

Also TechCrunch Australia·SmartCompany·@AuManufacturing·Techboard·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing

Four Aussie startups that have raised $94.5 million already in January

Roundup of January 2024 funding: Futurerent, Prota Therapeutics, National Renewable Network and Getmee together secured $94.5 million across debt, equity and a government grant, with investor details for each deal.

National Renewable Network secures $10 million for retail solar and battery roll out

Sydney green-energy startup NRN has locked in a credit facility of up to $10 million from impact lender Catalytic Impact Capital to equip Australian homes with solar and storage.

Also SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany

The 10 startups EngergyLab selected for its Climate Solutions Accelerator

EnergyLab has picked ten Australian climate startups for its 2022 Climate Solutions Accelerator, a six-month program, with the group sharing $750,000 from angel investors.