Investor · 3 deals
Every published round Climate Salad 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 |
|---|---|---|---|---|---|---|
| MGA Thermal | Unnamed stage | 4 Aug 2026 | $17m | Participant | Startup Daily, mgathermal.com, IP Group Australia portfolio, Main Sequence Ventures portfolio, Melt Ventures portfolio | |
| MGA Thermal | Unnamed stage | 13 Mar 2026 | $17m | Participant | Startup Daily (13 Mar 2026), Startup Daily (13 Mar 2026), SmartCompany (13 Mar 2026), SmartCompany (13 Mar 2026), mgathermal.com, IP Group Australia portfolio | |
| MGA Thermal | Bridge / extension | 3 Dec 2024 | ~$200k | Participant | mgathermal.com, Startup Daily, @AuManufacturing |
Companies Climate Salad has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| MGA Thermal | Developer of Miscibility Gaps Alloy blocks for industrial thermal energy storage | 3 Dec 2024, Bridge / extension | 3 | 0 |
Fund closes reported for Climate Salad, as distinct from the investments it has made.
Companies Climate Salad has backed that another company then bought. An exit for the holding, not a deal Climate Salad did.
| Name | Role | Sources |
|---|---|---|
| Audrey Jean-Baptiste | Director of Impact | LaunchVic |
| Charlotte Connell | Head of Community | Startup Daily |
| Mick Liubinskas | CEO · Founder | Startup Daily (19 Jun 2026), Forbes Australia, Startup Daily (27 Nov 2025), Startup Daily (1 Oct 2025), Startup Daily (9 Dec 2024), Startup Daily (3 Dec 2024), TechCrunch Australia, functionly.com |
Stories naming Climate Salad. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Opinion piece argues Goterra's administration shows Australia lacks scale-up capital; the author, AxleTree Capital's co-founder, links the collapse to underfunding of women founders and the system's failure to finance capital-heavy technologies.
Also SmartCompany·Startup Daily·AgFunderNews·Business News Australia
MGA Thermal, a Hunter Valley energy storage maker, has banked $17 million from IP Group and others to commercialise its heat-storage technology, lifting its total funding to $50 million.
Climate Salad's report says Australia's climate tech sector has passed 7,000 workers across 730 startups and drew $680 million in venture capital; Sea Forest's ASX debut and fund commitments point to investor appetite.
NRMA Insurance has started giving $100,000 apiece to five climate startups through its new Help Fund, a program created with Climate Salad, with $1 million committed for the first year.
Melbourne battery-separator startup Voltavate has banked $850,000 in an Artesian-led pre-seed round, with Investible, Electrifi Ventures and angel backers taking part, to make energy storage safer and more efficient.
Also RenewEconomy
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.
Manufacturing roundup: Monash shares 3D-printing guidelines for blind students; MGA Thermal gains syndicate investment atop ARENA funding; UniSA touts a natural obesity treatment; Sparc Technologies signs an MoU with CLP Group.
Feature on Australia's fast-growing climate tech sector, recounting raises at companies including Neara, Loam Bio, Goterra and Great Wrap, and warning that scarce growth capital and limited foreign investment could stall the industry.
Investor's own year in review: five new portfolio companies, a follow-on into ULUU, the Verve Super exit, the Equity Clear gender-reporting initiative, a first founders' retreat, and a sweep of awards for portfolio companies.
Also OIF Ventures portfolio·Alberts Impact Ventures portfolio·Alberts Impact Ventures portfolio·SmartCompany·Startup Daily·SmartCompany·Women's Agenda·Crunchbase News
LaunchVic Q&A with leaders of Climate Salad and Ecotone's angel network on Victoria's climate tech scene, recalling Lug+Carrie's $5 million raise and grants supporting both networks, with mentions of Allume Energy, Kapture and others.
Alberts Impact Ventures recaps 2022: six new portfolio companies, five follow-on investments, a led seed round in Abby Health, plus team events, a trade mission and investor recognition.
Ignition Lane's weekly tech roundup covering record Australian VC fund raises, several green-tech startup funding rounds, Deliveroo's administration, the FTX collapse, and takeover offers for ELMO and Nitro.
Also Techboard
Techboard's monthly roundup tallies October 2022 startup funding at $661m across 99 deals, listing megadeals such as Airwallex, acquisitions, Square Peg's $861m fund close and government grants to program operators.
Also @AuManufacturing
Ignition Lane's weekly tech roundup covering fresh Australian startup raises, new venture funds and closes, a wave of acquisitions, delistings and a liquidation, executive moves, and Canva's product launch.
Also Techboard·Startup Daily
Giant Leap's impact newsletter announces its first fund is complete, discusses sleeptech and healthtech credibility, cites Climate Salad's climate report, and notes new programs for Indigenous founders and climate research commercialisation.
A Climate Salad community leader argues climate tech keeps booming, citing global investment data and listing recent raises by member startups FloodMapp, Gridcognition, Accurassi, Trace, Cecil and World's Biggest Garage Sale.
Org-design software maker Functionly announced a AU$3.6m seed round with Black Nova Venture Capital leading and several funds plus angels taking part, bringing its overall funding to AU$5.9m alongside an earlier A$598k government grant.