Startup · $200m raised
Every published round Infradebt 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 |
|---|---|---|---|---|---|---|
| National Renewable Network | Series A | 18 Aug 2025 | $67m | Participant | RenewEconomy (27 Aug 2025), RenewEconomy (22 Aug 2025), RenewEconomy (18 Aug 2025), SmartCompany (15 Aug 2025), Dealroom, RenewEconomy (12 Aug 2025), SmartCompany (12 Aug 2025), Investible portfolio | |
| Genex | Venture debt | 23 Feb 2022 | $35m | Participant | Startup Daily (28 Feb 2022), Startup Daily (23 Feb 2022) |
Companies Infradebt has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Genex | 23 Feb 2022, Venture debt | 1 | 0 | |
| National Renewable Network | Virtual power plant model changing how Australians access solar and batteries | 18 Aug 2025, Series A | 1 | 0 |
Fund closes reported for Infradebt, as distinct from the investments it has made.
| Fund | Announced | Committed | Target | Close | Sources |
|---|---|---|---|---|---|
| Energy Transition Fund | Feb 2023 | - | - | Interim | RenewEconomy |
Investors that coverage says has money in a fund Infradebt runs. This is a stake in the fund, not in any company the fund has backed.
| Investor | Fund | Sources |
|---|---|---|
| Grok Ventures | Energy Transition Fund | RenewEconomy |
Companies Infradebt has backed that another company then bought. An exit for the holding, not a deal Infradebt did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Infradebt is recorded as having been acquired. | ||||
Companies Infradebt acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Every investor coverage indicates participated in a round Infradebt raised.
| Investor | Rounds | Invested |
|---|---|---|
| Grok Ventures | Unnamed stage | $200,000,000 |
| Clean Energy Finance Corporation | Unnamed stage | $200,000,000 |
| Name | Role | Sources |
|---|---|---|
| Alexander Austin | CEO | RenewEconomy, Startup Daily |
Stories naming Infradebt. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Fuel retailer Ampol has proposed acquiring EV charging network Evie Networks for $225 million, pending regulator approval, while the article recalls the charging company's seed, Series A, government grant and debt funding history.
The CEFC recounts a decade of project financing behind Australia's landmark grid batteries — DeGrussa, Hornsdale, Victorian Big Battery and Capital Battery — showing how early public capital helped storage reach mainstream markets.
Virescent Ventures explains why it co-led NRN's Series A, profiling the Sydney company's no-upfront-cost solar and battery marketplace model and its two founders.
Evie's own announcement says the EV charging firm has closed a 50 million dollar debt facility, which it bills as an Australian first, and reflects on shifting from venture to infrastructure funding.
Roundup of five Australian raises totalling $85 million: National Renewable Network's Series A, plus Syenta, Cuttable, SprintSuite and Bitwise Agronomy, with lead investors and expansion plans for each.
Household virtual power plant platform NRN has secured a $17 million Series A led by Investible and Virescent Ventures, plus $50 million debt from Infradebt, with Ecotone Partners newly joining via its Planet Fund.
Also Startup Daily
Sydney clean energy startup NRN has secured a $67.2 million Series A co-led by Investible, Virescent Ventures and Ecotone Partners' Planet Fund, plus Infradebt debt, to scale its virtual power plant platform.
Also RenewEconomy·Dealroom·SmartCompany·RenewEconomy·RenewEconomy·RenewEconomy
Climate Tech Partners has reached a $50 million first close on its debut climate tech fund, backed by Australian Ethical, the CEFC, Qantas, Airbus and Daniel Besen's family office.
Infradebt has reached first close on the capital raise for its Energy Transition Fund, backed by Grok Ventures and Jana, to lend to big batteries including Neoen's Capital Battery and Genex's Bouldercombe.
Ignition Lane's weekly technology roundup: climate-tech funding activity, Grok's bid for AGL, King River Capital's digital asset fund, a batch of Australian startup raises, Maropost acquisitions, GigSuper's collapse and a National AI Centre appointment.
Atlassian's Cannon-Brookes, via his family firm Grok Ventures, has invested $200 million in renewables project financier Infradebt days after his AGL bid was rejected; the capital is already funding a Queensland battery project.