Ledger. Australian venture funding, tracked

Startup · $2m raised

Good Heat

Good Heat uses large-scale thermal energy storage systems powered by renewable electricity to provide industrial heat at prices below gas.

Sydney, NSW

Coverage

Stories naming Good Heat. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Unnamed stage $2m+

Climate tech startup Good Heat raises $2 million to transform industrial energy

Sydney heat-battery startup Good Heat has raised over $2 million, led by Understorey Ventures with Investible and 2100VC, to replace gas-fired industrial heat with renewable-powered thermal storage, starting in Victoria.

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7 deals

Six Aussie startups that raised $13.4 million this week

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