Chief Product Officer · Founder, Neara
| Role | Organisation | Sources |
|---|---|---|
| Chief Product Officer · Founder | Neara | Startup Daily, SmartCompany (10 Feb 2026), SmartCompany (1 Nov 2024), Forbes Australia, Tech Funding News - Australia, Our Innovation Fund |
Stories naming Karamvir Singh. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly people-moves column: new executives at allt, SQC, Redbelly Network, InDebted and Neara, including Clive Dickens joining allt's board and Chris McNamara becoming InDebted's CEO.
Australian grid digital-twin startup Neara raised a $90 million Series D led by TCV, reaching unicorn status amid rising data centre power demand.
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.
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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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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