Company
Australian utility partner of Neara
Every investor coverage indicates participated in a round Endeavour Energy raised.
Companies Endeavour 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 |
|---|---|---|
| Danny Cooper | CEO | SmartCompany, Startup Daily |
Stories naming Endeavour Energy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of the week's Australia and New Zealand raises: Gridsight, Pearler and Apate.AI secure the biggest cheques, Drumbeat and GonGlobal add smaller sums, and ten AI startups join Airwallex's Latitude 37 program.
Energy AI startup Gridsight, co-founded by NSW childhood friends, has raised a $36 million round led by New York's Insight Partners as it expands into the US; Endeavour Energy is among its customers.
Australian grid-modelling startup Neara raised a $90 million Series D led by TCV, valuing the company above $1 billion, funding ML and expansion.
Neara joins the unicorn club after a TCV-led $90 million Series D at a $1.1 billion valuation, with existing backers participating; funds will fuel global expansion and engineering hires.
Virescent Ventures announces it has invested in grid-tech firm IND Technology's inaugural institutional round, led by Energy Impact Partners and Angeleno Group, profiling the Melbourne company's early fault detection technology, founders and utility customers.
Also SmartCompany·Startup Daily·RenewEconomy·RenewEconomy·SmartCompany·Startup Daily·SmartCompany·Startup Daily
Climate investor Wollemi Capital has completed its buyout of ASX-listed small-scale solar and battery developer MPower for $19 million and committed over $100 million to fund the business's project pipeline.
NSW has granted grid access in its Central-West Orana renewable energy zone to ten wind, solar and storage projects totalling over 7 GW; winners include Squadron Energy, Tilt Renewables, Acen and Lightsource bp.
Gridsight, a Sydney energy software startup, has banked $7.5 million in Series A capital, with Airtree Ventures leading and Pat Cummins among the backers, to grow its grid analytics platform.
Also energytransitionventures.com·Startup Daily·Startup Daily·SmartCompany
Weekly roundup of eight Australian startup raises, led by Sonder's $40 million round, plus AMP's $20 million raise and acquisition of the Shopify app Back in Stock.
Also Startup Daily·Defence Connect·SmartCompany·Startup Daily·Startup Daily·Defence Connect·Forbes Australia
Brisbane-based EcoJoule Energy has brought in $15 million from investors Ellerston Capital and Fifth Estate Asset Management, its first institutional money, to fund manufacturing expansion and international growth.
Sydney EV charging startup Jolt has borrowed C$194m from the Canada Infrastructure Bank to deploy 1,500 kerbside chargers across Canada, having previously raised $100m from BlackRock Real Assets in 2021.
ARENA commits $2.4 million to EVX for 250 kerbside EV chargers across three Australian states, funded through the Driving the Nation Program, with electricity distributors and a retailer supporting the rollout.
Also @AuManufacturing
Round-up reporting Neara's $45 million Series C, Alimetry's US$18 million Series A2, Earthodic's US$4 million seed, and Antler's latest residency intake of startups each receiving $225,000 for 12% stakes.
Also Startup Daily
Neara, an Australian AI infrastructure startup, raised $45 million led by EQT, Partners Group and Square Peg Capital, with Skip Capital and Prosus Ventures returning; funds target North American and European expansion.
The Australian Renewable Energy Agency commits $5.4 million to a New South Wales trial electrifying 500 homes, working with Brighte, Rewiring Australia and Endeavour Energy on household electrification insights.
Interview with Xylo Systems founder Camille Goldstone-Henry on her biodiversity tracking platform, lessons from Startmate, gender bias in venture capital, and a capital raise in progress.
Australia's renewable energy agency conditionally allocates up to $143 million to twenty named recipients for a national rollout of as many as 370 community batteries, with a second grant round flagged.
TechCrunch profiles Neara, an Australian startup whose AI models of electricity networks help utilities predict and manage extreme-weather risks, naming its investors and utility customers.
Neara, an energy-sector digital twin platform, has raised a $15.25 million Series B extension with Prosus Ventures leading and prior backers Square Peg and Skip Capital returning, to fund US and European expansion.
EnergyLab has picked 10 startups, six of them Australian, for the newest round of its Scaleup Program, which pairs clean energy companies with corporates, backers and mentors to hasten grid decarbonisation.
OIF Ventures' note explains its decision to back Neara's A$20 million Series B alongside Skip Capital and Square Peg, describing the infrastructure-modelling startup's technology, utility customers and growth.
Also Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily
Unleash live, working with Optus and AWS, flew its first drone test for Endeavour Energy, streaming 5G footage; the project earlier received a $648,000 federal government 5G Innovation Initiative grant.