CEO · Founder, MGA Thermal
Stories naming Dr Erich Kisi. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Main Sequence explains its decision to back Facet Amtech again alongside Uniseed in a $3 million round, funding the startup's water-based ammonia catalyst work and its first pilot plant.
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MGA Thermal has its 5 MWh Tomago pilot plant working again after an 18-month fix, and is seeking significant new capital to scale up production.
Chevron partners with NSW thermal-storage maker MGA Thermal on a FEED study toward a possible trial; the piece also recounts earlier raises from Main Sequence, ARENA, Melt Ventures, Jekara and Shell.
Roundup of nine local startups that together banked a combined $38m-plus this week, spanning precision instruments, proptech, adtech, robotics, food, energy storage and AI, with several earlier raises recalled.
Also Australian FinTech·Startup Daily·SmartCompany·AgFunderNews
Weekly roundup detailing funding rounds by five Australian and New Zealand startups: a diversity analytics platform, a thermal energy storage maker, a carbon accounting service, an activated carbon producer, and legal communications software.
Thermal energy storage company MGA Thermal secured $5.7 million from Main Sequence, Melt Ventures and new backer JEKARA, taking its round near $14 million; Shell had earlier invested $560,000 through its GameChanger accelerator fund.
Also Startup Daily·mgathermal.com·RenewEconomy·SmartCompany·Startup Daily·@AuManufacturing·RenewEconomy·RenewEconomy
Weekly roundup reporting eight Australian startups together raised $85.6 million across mining tech, cybersecurity, waste, energy storage, health and micromobility, plus a Google.org grant for Global Sisters.
MGA Thermal has opened the first stage of its Newcastle manufacturing facility, targeting daily production of thermal storage blocks, and the article recalls its $8 million raise backed by Main Sequence and other investors.
Also @AuManufacturing·@AuManufacturing·@AuManufacturing·RenewEconomy·RenewEconomy
Thermal storage maker MGA Thermal has opened the first stage of its Newcastle manufacturing facility, with early output supporting a green hydrogen partnership backed by a federal government grant.