Ledger. Australian venture funding, tracked

CEO · Founder, Hysata

Dr Paul Barrett

Coverage

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

Grant $30m+

Hysata Named National Finalist for Research Award

A Wollongong hydrogen spin-out is shortlisted for a national award recognising research commercialisation; the profile recaps its electrolyser technology, Port Kembla headquarters, jobs and backing.

Also Dealroom

4 deals

Best of the week — the five most popular stories among readers, May 6 – May 10, 2024

Roundup of the week's top stories: Hysata's Series B with bp Ventures and Templewater, grants for Tasmanian makers Xanderware and Jayben Group, an ASC pay dispute, and chemistry sector awards.

Series B $172m

Fireside Chat: Hysata – Defying hydrogen's hype cycle

Virescent Ventures partner Blair Pritchard reflects on Hysata, the Wollongong electrolyser spinout whose $172 million Series B he led, covering its technology, culture, customers and the green hydrogen market outlook.

Also SmartCompany·Startup Daily·@AuManufacturing·Forbes Australia·RenewEconomy·SmartCompany·@AuManufacturing·Startup Daily·SmartCompany·Startup Daily·AgFunderNews·@AuManufacturing·commbank.com.au·australianmanufacturing.com.au·Crunchbase News

8 deals

Eight Aussie startups that raised $149 million this week

Weekly roundup of eight Australian startups together securing $149 million: One Model, SafetyCulture, Hysata, Pendula, Marqo, Medigrowth, Curiious and Zena Sport, spanning HR analytics, safety tech, hydrogen, AI, medicinal cannabis, VR and sportstech.

Also Startup Daily·thebusinesstimes.com.au·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Forbes Australia

2 deals

Next steps for pioneering renewable hydrogen technology

ARENA announces a $20.9 million grant to Wollongong hydrogen electrolyser startup Hysata for a commercial-scale demonstration, with Stanwell contributing $3 million and a site; earlier HyGATE funding is recalled.

Also @AuManufacturing·Startup Daily·SmartCompany·Startup Daily·SmartCompany·RenewEconomy·@AuManufacturing·hysata.com·RenewEconomy·RenewEconomy·dailycompanynews.com

3 deals

Australia and Germany fund first stages of two gigawatt scale green hydrogen projects

Canberra and Berlin award HyGATE initiative grants to green hydrogen projects led by Edify Energy with Siemens and by ATCO, plus electrolyser developer Hysata, backing early stages of gigawatt-scale Australian plans.

Also RenewEconomy

4 deals

Recipients announced for Australia-Germany HyGATE Initiative

Also ARENA·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing

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