Investor · 2 deals
South Korean steel and energy holding company
Every published round POSCO Holdings took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Hysata | Series B | 9 May 2024 | $172m | Participant | australianmanufacturing.com.au, commbank.com.au, @AuManufacturing (11 Feb 2025), Startup Daily (20 Jan 2025), SmartCompany (19 Dec 2024), Startup Daily (19 Nov 2024), AgFunderNews, Crunchbase News, @AuManufacturing (12 May 2024), SmartCompany (10 May 2024), RenewEconomy, Virescent Ventures, Startup Daily (9 May 2024), Forbes Australia, @AuManufacturing (9 May 2024), SmartCompany (9 May 2024) | |
| Hysata | Grant | 9 Apr 2024 | $3m | Participant | RenewEconomy (10 May 2024), dailycompanynews.com, hysata.com, @AuManufacturing, RenewEconomy (9 Apr 2024), ARENA, Virescent Ventures portfolio |
Companies POSCO Holdings has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Hysata | University of Wollongong spin-out developing capillary-fed electrolysis cells for green h… | 9 Apr 2024, Grant | 2 | 0 |
Fund closes reported for POSCO Holdings, as distinct from the investments it has made.
Companies POSCO Holdings has backed that another company then bought. An exit for the holding, not a deal POSCO Holdings did.
Stories naming POSCO Holdings. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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
WA's government has awarded $34 million from its Investment Attraction Fund to three decarbonisation projects: a Pilbara Minerals–Calix lithium plant, POSCO and Port Hedland Iron's briquetted iron venture, and International Graphite's Collie expansion.
Queensland will put $8 million toward readying Queensland Pacific Metals' Townsville refinery project for investors, joining a recent federal commitment of the same size; the venture targets makers of EVs, batteries and steel.
Also @AuManufacturing
Roundup of Australian manufacturing news: Matrak closes a Series A, Queensland Pacific Metals receives an R&D tax refund, ARENA funds a household energy trial, Ampcontrol appoints a transformation chief, plus policy and launch briefs.
Also @AuManufacturing
Queensland Pacific Metals reports pilot-scale nickel sulfate production meeting offtake specs at SGS Canada, supporting its Townsville refinery project, and recalls a $5 million federal critical minerals grant received in May.