Investment Notes: Hachiko
Investible's climate tech arm explains its seed investment in Hachiko, a software platform for commercial and industrial batteries, citing distributed storage growth and the founder's energy-trading background.
Startup · $15m raised
Energy technology company where Hachiko's founder and some team members previously worked
Every investor coverage indicates participated in a round Evergen raised.
| Investor | Rounds | Invested |
|---|---|---|
| Providence Asset Group | Unnamed stage | - |
| FRV Australia | Unnamed stage | - |
| Fotowatio Renewable Ventures Australia (FRV) | Unnamed stage | - |
| Artesian VC | Unnamed stage | - |
| AMP Capital | Unnamed stage | - |
Companies Evergen 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 |
|---|---|---|
| Ben Hutt | CEO and Managing Director | RenewEconomy |
| Michael Cummings | Chair | RenewEconomy |
Stories naming Evergen. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Investible's climate tech arm explains its seed investment in Hachiko, a software platform for commercial and industrial batteries, citing distributed storage growth and the founder's energy-trading background.
Techboard's monthly roundup logs June 2022 Australian funding events, including GO1's Series E, Edrolo's Series B, two acquisitions, several new funds reaching closes, and accelerator intake announcements.
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Energy software firm Evergen has closed a $15 million round led by FRV-X to grow its solar and battery optimisation platforms, crediting the new federal government with restoring investor confidence in Australian clean tech.
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