Company
Australian utility partner of Neara
Every investor coverage indicates participated in a round Powercor raised.
Companies Powercor acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Powercor. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
ARENA awards United Energy $3.54 million toward an $8 million Victorian trial of demand flexibility, covering hot-water control and dynamic solar export limits across three distribution networks, finishing in 2026.
Also RenewEconomy
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.
Virescent Ventures announces it has invested in grid-tech firm IND Technology's inaugural institutional round, led by Energy Impact Partners and Angeleno Group, profiling the Melbourne company's early fault detection technology, founders and utility customers.
Also SmartCompany·Startup Daily·RenewEconomy·RenewEconomy·SmartCompany·Startup Daily·SmartCompany·Startup Daily
ARENA commits $2.4 million to EVX for 250 kerbside EV chargers across three Australian states, funded through the Driving the Nation Program, with electricity distributors and a retailer supporting the rollout.
Also @AuManufacturing
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.
Also Startup Daily
Neara, an Australian AI infrastructure startup, raised $45 million led by EQT, Partners Group and Square Peg Capital, with Skip Capital and Prosus Ventures returning; funds target North American and European expansion.
ARENA grants $838,000 to Hardwick Processors for a demonstration heat pump at its Kyneton meat plant, and has also recently funded Ground Source Systems' solar and ground-source heat pump trial at a NSW broiler facility.
Also @AuManufacturing