Investor · 2 deals
Port Kembla, NSW
Every published round BlueScope 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 |
|---|---|---|---|---|---|---|
| Green Gravity | Unnamed stage | Jun 2023 | $6m | Participant | RenewEconomy (3 Jul 2023), RenewEconomy (16 May 2023) | |
| Hysata | Series A | 2 Aug 2022 | $42.5m | Participant | @AuManufacturing (11 Feb 2025), @AuManufacturing (12 May 2024), Forbes Australia, @AuManufacturing (9 May 2024), Startup Daily (7 Sep 2023), @AuManufacturing (14 Aug 2023), @AuManufacturing (2 Mar 2023), RenewEconomy (12 Jan 2023), @AuManufacturing (31 Oct 2022), RenewEconomy (28 Oct 2022), Techboard, Startup Daily (7 Sep 2022), Virescent Ventures portfolio, @AuManufacturing (2 Aug 2022), RenewEconomy (2 Aug 2022) |
Companies BlueScope has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Green Gravity | Australian start-up using super-heavy weights in legacy mine shafts for gravitational ene… | Jun 2023 | 1 | 0 |
| Hysata | University of Wollongong spin-out developing capillary-fed electrolysis cells for green h… | 2 Aug 2022, Series A | 1 | 0 |
Fund closes reported for BlueScope, as distinct from the investments it has made.
Companies BlueScope has backed that another company then bought. An exit for the holding, not a deal BlueScope did.
| Name | Role | Sources |
|---|---|---|
| Sheree Taylor | Qld Specification Manager | @AuManufacturing |
| Tania Archibald | CEO | RenewEconomy (17 Jun 2025), ARENA, RenewEconomy (31 Jan 2024) |
Stories naming BlueScope. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
ARENA announced funding of up to $45 million for Sicona Battery Technologies to build a commercial-scale plant for its silicon-carbon anode material in the Illawarra.
Rio Tinto has signed a $35m-plus agreement backing Calix's green-iron demo plant in Western Australia, a project that earlier won an ARENA grant of as much as $44.9 million.
Also RenewEconomy
Weekly roundup of readers' five favourite stories: a precast factory opening for a Sydney tunnel, a grants panel, Circuitwise's agreed New Zealand acquisition, NSW clean-tech grants, and BlueScope's Whyalla bid position.
ARENA commits $19.8 million to NeoSmelt, a low-carbon steelmaking venture backed by BHP, Rio Tinto, BlueScope, Woodside and Mitsui; the pilot project near Perth earlier secured $75 million from Western Australia.
South Australia has appointed Korda Mentha administrator over OneSteel Manufacturing, taking control of the Whyalla steelworks from GFG Alliance, while the state's promised hydrogen funding stays uncommitted and sale options are explored.
Wollongong energy storage venture Green Gravity has secured $9 million from HMC Capital, BlueScopeX, Pacific Channel and SCAP H to advance testing of its system that repurposes disused mineshafts for gravitational energy storage.
Also RenewEconomy
Roundup of Australian manufacturing updates: Sparc Hydrogen's R&D tax refund, executive appointments at Lockheed Martin Australia, Wellnex Life and Raytheon, a ReNu Energy power purchase deal, and BlueScope joining a low-carbon research centre.
Roundup of Australian manufacturing news: IDT Australia wins a Sanofi mRNA contract, Amplia collects an R&D tax refund, OptiGrid enters EnergyLab's accelerator, plus a ship launch, hydrogen towers, road works and a job listing.
Hadean Energy, spun out of CSIRO, has secured a grant to develop a 5kW electrolyser for EDF's UK power plant, following a trial at BlueScope's Port Kembla steelworks; the sum awaits final contracts.
Roundup of the week's top stories: Hysata's Series B with bp Ventures and Templewater, grants for Tasmanian makers Xanderware and Jayben Group, an ASC pay dispute, and chemistry sector awards.
Weekly roundup of seven trans-Tasman raises totalling $27.4 million, headlined by Xefco's $10.5 million round, plus Hometime board appointments and Matrak's China expansion.
Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily
Melbourne construction-tech firm Matrak has raised a $2.9 million Series A led by Singapore's G&M Capital, with Our Innovation Fund and Simon Yencken aboard, funding expansion into China and a new Suzhou office.
Roundup of Australian manufacturing news: Gaia EnviroTech's post-investment board meeting with RFC Ambrian, Arafura's chief executive change, Adbri's maintenance shutdown, BioCarbon's relocation, and a federal grants round opening.
Canberra's first critical-industry grants send $135.8m to Bluescope for a Port Kembla furnace refit and $63.2m to Gupta's Liberty Steel for a low-carbon Whyalla furnace.
Weekly roundup covering five Australian startups' raises: Phasio's seed led by AirTree, CLT Toolbox, X-Hemp's crowdfunding, gridmo's first round, and Humpday's pre-seed from Antler.
CLT Toolbox, a Melbourne maker of software teaching builders about mass timber, has raised $1.5 million from BluescopeX, Gravel Road, Archangel Ventures, Flying Fox, Ecotone and several angels.
RFC Ambrian announces Hadean Energy, a venture formed with CSIRO to commercialise tubular solid oxide electrolysis for hydrogen production, with a completed funding round and trials planned at BlueScope's Port Kembla steelworks.
Steel maker BlueScope commits money and site space at Port Kembla for startup Green Gravity to build a gravity-based energy storage research lab, with construction beginning this month.
Also RenewEconomy
A manufacturing roundup covering Hazer's R&D tax refund, Atomo's South African test supply deal, Acrow's asset purchase, PureFoods' product revenue, a solar farm completion, BlueScope's accelerator applications, and a drone modem launch.
Roundup of Australian manufacturing news: a university metaverse partnership, a CSIRO digital appointment, electric buses in Queensland, two secured funding facilities, and several workforce and recycling initiatives.
Also @AuManufacturing
Australian manufacturing roundup: Titomic raises via placement, H2X signs hydrogen MoU, Austal posts a loss, Aristocrat trials cashless gaming, IDT restructures, Bisalloy reports, BAE recruits, CDU launches TAFE.
Also @AuManufacturing
ARENA awards Calix nearly a million dollars toward a study of hydrogen-based ironmaking, scoping a demonstration plant using its ZESTY technology to cut emissions in steel production.
Also @AuManufacturing·RenewEconomy·@AuManufacturing·@AuManufacturing
NSW Environmental Trust grants $3 million to solar innovator SunDrive within a $6.5 million allocation shared with Hysata, Southern Green Gas and Quickstep; SunDrive's recent series A drew CEFC alongside Blackbird and Grok Ventures.
Also @AuManufacturing
Roundup of manufacturing items: a training milestone at Nova Systems, Gilmour Space rocket work, a Lockheed Martin STEM program, an ATSE infrastructure statement, a steel research hub launch, and Queensland's new startup fund.