Startup · $102.8m raised · Energy
Virtual power plant model changing how Australians access solar and batteries
Sydney, NSW
Programs: EnergyLab (2022 Climate Solutions Accelerator)
Every investor coverage indicates participated in a round National Renewable Network raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Ethical Infrastructure Debt Fund | Series A | - |
| Catalytic Impact Capital | Venture debt | $10,000,000 |
| Ecotone Partners | Series A · Series A · Seed · Unnamed stage | - |
| Ecotone Partners’ Planet Fund | Series A | - |
| Electrifi Ventures | Seed · Bridge / extension · Unnamed stage | - |
| EnergyLab | Accelerator | - |
| Infradebt | Series A | - |
| Investible | Series A · Series A · Bridge / extension | $400,000 |
| Investible Club | Seed · Unnamed stage | - |
| Jelix Fund 1 | Seed | - |
| Jelix Ventures | Seed · Unnamed stage | - |
| Virescent Ventures | Series A · Series A | - |
Companies National Renewable Network acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming National Renewable Network. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
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Jelix's investment note explains why its fund joined NRN's oversubscribed $4.3m raise ahead of its Series A, covering the startup's solar financing model, rapid revenue growth, and market opportunity.
Weekly funding roundup covering eight local companies that together banked $80m, topped by twin $17m Series Bs at Safewill and Fresho, plus Celosia's $16.75m Series A and five smaller rounds.
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Weekly roundup of eight Australian funding rounds, led by Samsara Eco's $100m Series A extension; Diraq, 1Breadcrumb, Aquila, NRN, Klean, Bearhug and Sindy Labs also secured capital, and Klean won a Queensland grant.
Also TechCrunch Australia·SmartCompany·@AuManufacturing·Techboard·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing
Earth Day roundup of fifteen Australian climate and sustainability startups that have secured funding in 2024, from RayGen's $51 million Series D down to CarbonHQ's $600,000 pre-seed round.
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Roundup of January 2024 funding: Futurerent, Prota Therapeutics, National Renewable Network and Getmee together secured $94.5 million across debt, equity and a government grant, with investor details for each deal.
Sydney green-energy startup NRN has locked in a credit facility of up to $10 million from impact lender Catalytic Impact Capital to equip Australian homes with solar and storage.
Also SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany
EnergyLab's 2022 Climate Solutions Accelerator has taken ten Australian climate tech startups into its six-month program, backed by $750,000 in total pre-seed funding from angel investors, half again more than the prior year.
EnergyLab has picked ten Australian climate startups for its 2022 Climate Solutions Accelerator, a six-month program, with the group sharing $750,000 from angel investors.