Growth Capital: backing the businesses scaling Australia’s net zero transition
Recap of CEFC’s Sydney forum on climate tech investing, revisiting its 2025 co-investment with Five V Capital in Agile Energy and the PATF’s growth capital approach.
Investor
Every published round Australian Ethical 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.
Companies Australian Ethical has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Australian Ethical, as distinct from the investments it has made.
Companies Australian Ethical has backed that another company then bought. An exit for the holding, not a deal Australian Ethical did.
| Name | Role | Sources |
|---|---|---|
| Phil Vernon | CEO (former) | TechCrunch Venture |
Stories naming Australian Ethical. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Recap of CEFC’s Sydney forum on climate tech investing, revisiting its 2025 co-investment with Five V Capital in Agile Energy and the PATF’s growth capital approach.
CEFC's write-up of its Growth Capital Forum sets out its PATF investment approach and revisits its late-2025 co-investment with Five V Capital in Agile Energy, plus Australian Ethical's view on transition investing.
Climate Salad's 2024 Australian Climate Tech Awards honoured eight winners, with MGA Thermal taking the Impact Award; the piece recaps the thermal storage company's year, including ARENA grants and a pre-Series B top-up.
Main Sequence announces Australian Ethical has joined its second fund as a strategic backer, pairing ethical capital with deep tech investing to address challenges across health, food, space and industrial productivity.