Ledger. Australian venture funding, tracked

Company

OptiGrid

Uses AI and machine learning to manage energy market bidding for battery-connected solar and wind farms

Coverage

Stories naming OptiGrid. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Funding announcement

The little big battery using local smarts and deeper storage to help fill gap in most renewable grid

South Australian startups Lunio Energy and OptiGrid launch a 5 MW Strathalbyn battery into market trading; the piece recalls OptiGrid's seed round backed by CEFC, IP Group, Hostplus, universities and EnergyLab.

Funding announcement

The little big battery using local smarts and deeper storage to help fill gap in most renewable grid

A 5 MW South Australian battery has started trading, the first project for developer Lunio Energy and the first four-hour site run on OptiGrid's optimisation platform, whose seed backers are recapped.

Grant $3.2m

Manufacturing news briefs – stories you might have missed

Roundup of Australian manufacturing news: IDT Australia wins a Sanofi mRNA contract, Amplia collects an R&D tax refund, OptiGrid enters EnergyLab's accelerator, plus a ship launch, hydrogen towers, road works and a job listing.

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