Investment Manager, IP Group Australia
Stories naming Shane Meaney. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney aerospace company MAKO has raised $28 million in a Virescent Ventures-led Series A to manufacture Flightfilm, a shark-inspired skin that cuts aircraft drag and fuel use.
Also Virescent Ventures portfolio·mako.aero·SmartCompany·Startup Daily·Startup Daily·Forbes Australia·Defence Connect
MGA Thermal, a Hunter Valley energy storage maker, has banked $17 million from IP Group and others to commercialise its heat-storage technology, lifting its total funding to $50 million.
IP Group Australia led a $17 million investment in Hunter Valley thermal storage company MGA Thermal, with Shane Meaney joining the board alongside prior backer Main Sequence ahead of commercial rollout.
Also SmartCompany·SmartCompany·Startup Daily·Startup Daily·mgathermal.com