Startup

RedEarth Energy Storage Ltd

Brisbane, QLD

Investors

Every investor coverage indicates participated in a round RedEarth Energy Storage Ltd raised.

Investor	Rounds	Invested
Dragonfly Enviro Capital	Unnamed stage	-

Who bought RedEarth Energy Storage Ltd

The transaction that ended RedEarth Energy Storage Ltd's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.

Bought by	Kind	Announced	Price	Sources
Health and Plant Protein Group Limited	Acquisition	7 Dec 2025	~$40m	RenewEconomy, Coterie Capital

What RedEarth Energy Storage Ltd bought

Companies RedEarth Energy Storage Ltd acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.

Company	Kind	Announced	Price	Sources
RedEarth Energy Storage Ltd is not recorded as having acquired anything.

People

Name	Role	Sources
Albert Tse	Board Director	AFR Technology
Hugh Robertson jnr	Board Director	AFR Technology
Marc Sheldon	CEO	RenewEconomy, Coterie Capital

Coverage

Stories naming RedEarth Energy Storage Ltd. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

12 deals

🇦🇺 This Week in Australian Startups #180, 4th October 2026

Weekly roundup reporting Australian startup funding rounds and government grants, a venture fund close, agreed acquisitions, an IPO pricing, a collapse, plus executive hires and AI policy developments.

This Week in Australian Startups 4 Oct 2026 Avicena Systems Eastend Ventures FeBI Heidi Health iQ Sense Q Factorial QuantX Labs R2Crete Silicon Quantum Computing Skopos Bio Trendspek Adobe Advanced Navigation Airwallex Ampol Anthropic Atlassian AUDC Barrenjoey Baseten Big Picture Medical Blackbird Ventures Droneshield Evie Networks Firmus Technologies Fusion Venture Labs Goldman Sachs Harrison AI InDebted Lorikeet Megaport Meta Monoova Morgan Stanley Nearmap Nexl OFX OpenAI Orbit2Orbit Ord Minnett Paperbark Perennial Private Investments Planet Startup Potentia Capital PsiQuantum Queensland RBA REA Group Redbelly Network RedEarth Energy Storage Ltd REX Royal Commission into AI Scalare Partners Sicona Stanford Tank Stream Labs Tech Council Thoma Bravo Thorney Unilever University of Melbourne Watchful WeMoney Blockwall Digital Assets Fund Critical Technologies Challenge Program Funds SA Genesis Pre-Seed Fund OIF Ventures Shape Capital Tenmile Tin Alley Ventures Uniseed Yosemite Brendan Lee Chris Lehane Chris McNamara Christian Westerlind Wigstrom Christopher Manning David Janetzki Iain Ross Ian Wang Josh Foreman Josh Parsons Kate Pounder Matt Redden Philipp Thurner Sam Altman Trevor St Baker

Exit / M&A

Perennial, Ords-backed RedEarth Energy collapses into administration

Queensland battery firm RedEarth Energy Storage has entered voluntary administration, leaving backers including Perennial Partners and Thorney Technologies facing losses after once being valued at $100 million.

AFR Technology 27 Sep 2026 B&T Advisory Ord Minnett Perennial Partners RedEarth Energy Storage Ltd Albert Tse Hugh Robertson jnr

Also This Week in Australian Startups

Exit / M&A

Coterie Capital advises RedEarth Energy Storage on its $40m takeover

Coterie Capital advised RedEarth Energy Storage on a reverse takeover with Health and Plant Protein Group, which has acquired over 90% of RedEarth's shares in a deal implying a combined value near $40m.

Coterie Capital 7 Dec 2025 Coterie Capital Health and Plant Protein Group Limited RedEarth Energy Storage Ltd Marc Sheldon

Also RenewEconomy

News