Startup · $2.3m raised
battery and nanomaterials business
Every investor coverage indicates participated in a round PowerPlus Energy raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Renewable Energy Agency | Grant | - |
| Australian Renewable Energy Agency (ARENA) | Grant | $2,300,000 |
Companies PowerPlus Energy acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Ben Spincer | Executive Chairman | RenewEconomy (20 Apr 2026), RenewEconomy (20 Apr 2026) |
Stories naming PowerPlus Energy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
ARENA's Battery Breakthrough Initiative backs its first two recipients: PowerPlus Energy gains $2.32 million to expand Victorian pack assembly, while Firebird Metals receives $2 million toward a Perth battery-materials plant.
PowerPlus Energy, a Victorian battery maker, has received a government grant to help automate and expand its local production capacity.
Also RenewEconomy·Dealroom
Manufacturing roundup: Noizend's grants and UTS work, PPK's planned Li-S share distribution, a Bathurst recycling trial, Aurecon's CETRI role, an ELA regulatory hire, BioPak's OzHarvest support, and ANSTO's reactor restart.
Eight named Victorian manufacturers, including medical device maker PolyNovo, receive state government grants for new research facilities under a $15 million program, supporting work in health, energy, defence and advanced technology.
Also arkeus.com