Startup · $19.9m raised
Recyclable, water-based battery chemistry
Newcastle, NSW
Programs: EnergyLab (2022 Climate Solutions Accelerator)
Every investor coverage indicates participated in a round Allegro Energy raised.
| Investor | Rounds | Invested |
|---|---|---|
| Accelerating Commercialisation | Grant | - |
| EnergyLab | Accelerator | $75,000 |
| Impact Ventures Management | Series A | - |
| Industry Growth Program | Grant | - |
| Jeremy Grantham's foundation | Series A | - |
| Melt Ventures | Series A · Unnamed stage | - |
| Origin | Series A | - |
| Origin Energy | Series A | - |
| the federal government | Grant | - |
| The Grantham Foundation | Series A | - |
Companies Allegro Energy acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Dr Thomas Nann | CEO and Co-founder | @AuManufacturing (16 Jun 2025), @AuManufacturing (10 Jun 2025), RenewEconomy, @AuManufacturing (25 Mar 2025), @AuManufacturing (15 Feb 2025), Startup Daily, @AuManufacturing (13 Feb 2025), @AuManufacturing (9 Sep 2024) |
| Fraser Hughson | Founder | Startup Daily |
| Rohan Borah | Founder | Startup Daily |
| Thomas Naan | CEO and Co-founder | RenewEconomy, Startup Daily |
Stories naming Allegro Energy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Allegro Energy's chief executive argues local manufacturing can put Australia at the front of advanced manufacturing, recounting his flow-battery company's Hunter base, Origin Energy pilot and Series A capital, ahead of a Sydney panel.
Weekly roundup: CEA Technologies lands a $272m radar contract, five startups receive federal grants, Victorian factory insolvencies climb, and GFG Alliance's Whyalla Steelworks hunts new financing.
Five companies including battery maker Allegro Energy share $2.51 million in the latest federal Industry Growth Program grants; Allegro receives $1.85 million for its redox flow battery technology.
Also AgFunderNews·Startup Daily·@AuManufacturing·Startup Daily·@AuManufacturing
Allegro Energy has completed a $17.5 million Series A round, with The Grantham Foundation at the helm and Origin Energy, Melt Ventures and Impact Ventures also in; Origin held a five per cent stake.
Also @AuManufacturing·Startup Daily·Startup Daily·Startup Daily·RenewEconomy·RenewEconomy·@AuManufacturing
RenewEconomy reports the national renewable energy agency's announced plan to back the climate-focused startup accelerator EnergyLab, recapping its years supporting clean energy founders and naming standout graduates.
Melt Ventures has closed a $10 million fund for hardware-focused climate tech and named its first investments, including Endua's $11.8 million pre-seed round backed by Melt, Main Sequence, QIC, 77 Partners and Ampol.
Also @AuManufacturing·SmartCompany·Startup Daily·Startup Daily·@AuManufacturing
Hardware-focused venture fund Melt Ventures has secured $10 million for its first fund, backed by new angel investors and family offices plus earlier supporters, and has already invested in three energy storage startups.
Over thirty Australian projects received federal Accelerating Commercialisation grants totalling roughly $18 million, including Jevons Robotics, Glaciem, Electrogenics and LYRO Robotics, with the full recipient list published.
Also @AuManufacturing·Startup Daily·@AuManufacturing·@AuManufacturing
Melt Ventures launched an advanced manufacturing venture fund expecting first close soon and targeting $20 million by March 2023; the piece also recalls earlier backing of Camplify, Gamurs, Greaseboss and other companies.
Techboard's anniversary roundup catalogues a month of Australian startup funding: megadeals, three acquisitions, large debt deals, grants, accelerator intakes, and fund news including Archangel Ventures' committed capital.
EnergyLab's 2022 Climate Solutions Accelerator has taken ten Australian climate tech startups into its six-month program, backed by $750,000 in total pre-seed funding from angel investors, half again more than the prior year.
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.