Company · Energy
state-owned gentailer
Every investor coverage indicates participated in a round Synergy raised.
Companies Synergy acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Synergy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Western Australia's government is putting $2 million into Camco Engineering to create local manufacturing of wind turbine anchor cages, while state utilities signed power purchase deals with three wind farm projects.
Also RenewEconomy
ARENA is granting A$20.8 million to Western Power for Project Jupiter, a three-year distributed energy marketplace in Western Australia run alongside Synergy, Energy Policy WA and AEMO.
Akaysha Energy has $650 million from 11 banks and an EnergyAustralia offtake to build its Orana battery in NSW, which it calls the world's largest single-battery investment; BlackRock bought the company in 2022.
Australian manufacturing roundup: IDT Australia's shareholder raise, EV charger rollouts, a mining equipment hire, a plastics recycling plant completion, research collaborations and government funding moves.
Perth energy software startup Gridcognition raised a $2.25 million seed round, lifting total funding to $4 million, gained new investors and clients, hired five executives, and previously exited Greensense to ERM Power.
Energy software firm Gridcognition closed a $2.25 million seed round; CEFC committed $625,000 through its innovation fund alongside Alberts Impact Ventures, Afterwork Ventures and angel investors, taking total funding near $4 million.
Also Virescent Ventures portfolio·gridcog.com·Startup News (WA)
ARENA grants $8.6 million to Western Power for Project Symphony, a distributed energy pilot in Western Australia's main grid with Synergy and AEMO, which earlier secured $26.9 million in government funding.