Investor · 2 deals
Every published round Hygate 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 |
|---|---|---|---|---|---|---|
| Vast Solar | Grant | 15 Feb 2023 | $19.5m | Lead | @AuManufacturing (5 Jun 2023), ARENA (15 Feb 2023), @AuManufacturing (13 Feb 2023), @AuManufacturing (4 Feb 2023), @AuManufacturing (30 Jan 2023), ARENA (27 Jan 2023) | |
| Hysata | Grant | 29 Jan 2023 | ~$18m | Participant | RenewEconomy (29 Jan 2023), RenewEconomy (29 Jan 2023) |
Companies Hygate has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Vast Solar | 15 Feb 2023, Grant | 1 | 1 | |
| Hysata | University of Wollongong spin-out developing capillary-fed electrolysis cells for green h… | 29 Jan 2023, Grant | 1 | 0 |
Fund closes reported for Hygate, as distinct from the investments it has made.
Companies Hygate has backed that another company then bought. An exit for the holding, not a deal Hygate did.
Stories naming Hygate. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Vast Renewables and Mabanaft have signed a joint development agreement advancing Vast's South Australian solar methanol plant, with Mabanaft holding offtake rights and ARENA plus German government funding behind the project.
Vast Renewables and Germany's Mabanaft gain planning consent for the Solar Methanol 1 green methanol plant in South Australia; ARENA's $65 million backing and a German grant for Mabanaft are noted.
Queensland and Germany launch a joint bioeconomy research programme backed by $3 million, while the article recalls Vast Solar and the Solar Methanol Consortium winning HyGATE grant funding for a green methanol plant in Port Augusta.
Vast Solar agrees a business combination with a SPAC to list on the NYSE; the article also recalls its HyGATE grant for a green methanol plant in Port Augusta.
Canberra and Berlin award HyGATE initiative grants to green hydrogen projects led by Edify Energy with Siemens and by ATCO, plus electrolyser developer Hysata, backing early stages of gigawatt-scale Australian plans.
Also RenewEconomy