Jack Curtis

Neara joins the billion-dollar club with $90 million Series D

Australian grid digital-twin startup Neara raised a $90 million Series D led by TCV, reaching unicorn status amid rising data centre power demand.

Energy grid digital twin platform Neara turns unicorn with $90 million Series D

Australian grid-modelling startup Neara raised a $90 million Series D led by TCV, valuing the company above $1 billion, funding ML and expansion.

Neara powers up to unicorn status with $90 million capital raise

Neara joins the unicorn club after a TCV-led $90 million Series D at a $1.1 billion valuation, with existing backers participating; funds will fuel global expansion and engineering hires.

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Fifteen ANZ startups that raised $81 million this week

Round-up reporting Neara's $45 million Series C, Alimetry's US$18 million Series A2, Earthodic's US$4 million seed, and Antler's latest residency intake of startups each receiving $225,000 for 12% stakes.

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PE giant buys in as Aussie AI infrastructure start-up raises $45m

Neara, an Australian AI infrastructure startup, raised $45 million led by EQT, Partners Group and Square Peg Capital, with Skip Capital and Prosus Ventures returning; funds target North American and European expansion.

How Neara uses AI to protect utilities from extreme weather

TechCrunch profiles Neara, an Australian startup whose AI models of electricity networks help utilities predict and manage extreme-weather risks, naming its investors and utility customers.

Australia's climate tech industry is booming, but it could bust without funds

Feature on Australia's fast-growing climate tech sector, recounting raises at companies including Neara, Loam Bio, Goterra and Great Wrap, and warning that scarce growth capital and limited foreign investment could stall the industry.

In Conversation: James Tynan, Square Peg, and Jack Curtis, Neara

Square Peg partner James Tynan interviews Neara's chief commercial officer Jack Curtis on the company's 3D modelling of energy networks, doubling grid capacity, and constraints on the energy transition.

In Conversation: James Tynan, Square Peg, and Jack Curtis, Neara

Square Peg's blog runs a conversation from its 2023 AGM in which partner James Tynan interviews Neara's chief commercial officer Jack Curtis about the company's grid-modelling software and the energy transition.

Digital twin startup Neara pockets $15.25 million in Series B extension for offshore plans

Neara, an energy-sector digital twin platform, has raised a $15.25 million Series B extension with Prosus Ventures leading and prior backers Square Peg and Skip Capital returning, to fund US and European expansion.

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Dutch VC invests in $24M funding round of this Australian AI startup for expansion in Europe and US

Sydney AI infrastructure-modelling firm Neara extended its Series B by $10M, with Prosus Ventures joining backers Skip Capital and Square Peg, lifting the round to $24M for expansion into Europe and the US.

Our investment in Neara

OIF Ventures' note explains its decision to back Neara's A$20 million Series B alongside Skip Capital and Square Peg, describing the infrastructure-modelling startup's technology, utility customers and growth.

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