FUNDED May 2023
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.
Startup · $1.2m raised
battery tech startup
Brisbane, QLD
Every investor coverage indicates participated in a round Vaulta raised.
| Investor | Rounds | Invested |
|---|---|---|
| Niocycle | undisclosed | - |
| Supercharge Australia | Accelerator | - |
| Renu Energy | undisclosed · Unnamed stage | - |
Companies Vaulta acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Dominic Spooner | Founder and CEO | @AuManufacturing, RenewEconomy |
Stories naming Vaulta. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
Roundup covering an SME sentiment survey, Renewable Metals winning a Supercharge Australia award, a new Queensland trade commissioner, an FFI green hydrogen power deal, a Siemens emissions pilot, and a CDU drones grant.
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.