Startup · $89.9m raised · Manufacturing
Wollongong, NSW
Every investor coverage indicates participated in a round Sicona Battery Technologies raised.
| Investor | Rounds | Invested |
|---|---|---|
| Himadri Speciality Chemical | Unnamed stage · Unnamed stage · Series A | $15,000,000 |
| Artesian VC | Series A · Seed | - |
| Riverstone Ventures | Series A · Seed | - |
| Australian Government | Grant | $45,000,000 |
| Australian Renewable Energy Agency | Grant | - |
| the federal government | Grant | $45,000,000 |
| Himadri | Unnamed stage | $17,500,000 |
| Chaos Ventures | Series A | - |
| Club Investible | Series A | - |
| Electrification & Decarbonization AIE LP | Series A | - |
| Himadri Speciality Chemical Ltd | Series A | - |
| Investible Climate Tech Fund | Series A | - |
| Investible Club | Series A | - |
| EnergyLab | Accelerator | - |
| Supercharge Australia | Accelerator | - |
Companies Sicona Battery Technologies acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Sicona Battery Technologies. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup: Blackbird confirms a record fund close and Galileo reaches a first close, Genesis merges with Proudi, IREN secures massive debt, and several startups report raises, grants and program wins.
ARENA announced funding of up to $45 million for Sicona Battery Technologies to build a commercial-scale plant for its silicon-carbon anode material in the Illawarra.
Wollongong battery materials maker Sicona has secured AU$15 million from existing backer Himadri Speciality Chemical, which will license its silicon-carbon anode technology and fund an Indian production plant.
Also RenewEconomy·RenewEconomy
Equity raise of $2.3m by Advanced, a Sunshine Coast R&D finance startup building a $25m lending fund; backers include Wayne Gerard and Phil Cummins, who joins the board.
Wollongong spin-out Sicona is expanding into the United States with a plant making silicon-carbon battery ingredients, aiming to extend electric vehicle range; the EnergyLab accelerator alumnus secured $22 million during 2023.
Techboard's June 2023 roundup of Australian startup funding, led by Pet Circle's $75m Series D, lists raises by Stacked Farm, Lyka, In1Bank, Splend, ImmVirX, Midnight Health, Sicona and Nutromics, and teases its FY23 review.
Roundup of eight Australian startups that together raised $75.6 million across two weeks, spanning health, batteries, EV fleets, edtech and equity crowdfunding campaigns.
Also The Mandarin·SmartCompany·Techboard·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Forbes Australia
Wollongong silicon anode developer Sicona has closed a Series A backed by Himadri, Artesian and other investors, its second raise after a 2021 pre-Series A, with US expansion plans.
Also @AuManufacturing·SmartCompany·Techboard·SmartCompany·Startup Daily
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.
EnergyLab's Supercharge Australia initiative has selected eleven startups for its first Innovation Challenge, covering lithium batteries, EV conversion and recycling, with experts judging a Sydney pitch event in March.