Company
US utility partner of Neara
Every investor coverage indicates participated in a round Southern California Edison raised.
Companies Southern California Edison acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Southern California Edison. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian grid-modelling startup Neara raised a $90 million Series D led by TCV, valuing the company above $1 billion, funding ML and expansion.
Neara joins the unicorn club after a TCV-led $90 million Series D at a $1.1 billion valuation, with existing backers participating; funds will fuel global expansion and engineering hires.
Virescent Ventures announces it has invested in grid-tech firm IND Technology's inaugural institutional round, led by Energy Impact Partners and Angeleno Group, profiling the Melbourne company's early fault detection technology, founders and utility customers.
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Round-up reporting Neara's $45 million Series C, Alimetry's US$18 million Series A2, Earthodic's US$4 million seed, and Antler's latest residency intake of startups each receiving $225,000 for 12% stakes.
Also Startup Daily
Neara, an Australian AI infrastructure startup, raised $45 million led by EQT, Partners Group and Square Peg Capital, with Skip Capital and Prosus Ventures returning; funds target North American and European expansion.
TechCrunch profiles Neara, an Australian startup whose AI models of electricity networks help utilities predict and manage extreme-weather risks, naming its investors and utility customers.
Feature on Australia's fast-growing climate tech sector, recounting raises at companies including Neara, Loam Bio, Goterra and Great Wrap, and warning that scarce growth capital and limited foreign investment could stall the industry.
Neara, an energy-sector digital twin platform, has raised a $15.25 million Series B extension with Prosus Ventures leading and prior backers Square Peg and Skip Capital returning, to fund US and European expansion.