Corporate / CVC · 2 deals
Every published round Renu Energy 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 |
|---|---|---|---|---|---|---|
| Vaulta | Unnamed stage | Jan 2023 | ≤$1m | Participant | RenewEconomy | |
| Vaulta | undisclosed | 5 May 2023 | $250k | Participant | Techboard, @AuManufacturing, RenewEconomy |
Companies Renu Energy has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Vaulta | battery tech startup | Jan 2023 | 2 | 0 |
Fund closes reported for Renu Energy, as distinct from the investments it has made.
Companies Renu Energy has backed that another company then bought. An exit for the holding, not a deal Renu Energy did.
| Name | Role | Sources |
|---|---|---|
| Boyd White | Chairman | @AuManufacturing (10 Sep 2024), @AuManufacturing (14 Nov 2022) |
Stories naming Renu Energy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Tasmania will pay ReNu Energy as much as $8m toward its green hydrogen project, with payments tied to hydrogen delivered to customers and a final investment decision due by September 2025.
Roundup of Australian manufacturing updates: Sparc Hydrogen's R&D tax refund, executive appointments at Lockheed Martin Australia, Wellnex Life and Raytheon, a ReNu Energy power purchase deal, and BlueScope joining a low-carbon research centre.
Manufacturing sector roundup: Whyalla steelworks resumes production, Maggie Beer Holdings' chief executive to depart, ReNu Energy secures hydrogen funding, Defence names grant recipients, Orthocell gains Canadian approval, and AEA appoints its advisory board.
Tasmania's government has signed an $8 million agreement with ReNu Energy subsidiary Countrywide Hydrogen to back green hydrogen production and heavy transport refuelling through per-kilogram payments under a price reduction scheme.
Also RenewEconomy
News roundup covering Atomo Diagnostics' committed share placement, Tivan's port agreement, KBR's reconciliation plan, Elexon's innovation award, ReNu Energy's hydrogen refuelling brand and EQ Resources' new ore sorter.
Techboard's May 2023 roundup of Australian startup funding: 42 private raises topped by Fleet Space's $50m round, two $40m acquisitions, multiple grants, accelerator intakes, and fund news including GiantLeap's $50m fund raise.
Turkish battery-circularity firm Niocycle has become Brisbane startup Vaulta's first overseas backer, joining a further funding instalment; earlier backers included Renu Energy, and Vaulta was picked for a Supercharge Australia program.
News roundup: EMVision receives a $2.5 million NSW medical devices grant, ADDE appoints a liquidator, DroneShield wins an order, SciDev and Q-CTRL name executives, and ReNu Energy signs a non-binding term sheet with HESTA.
Also @AuManufacturing