Investor · 1 deal
Engineering group
Every published round Worley took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| MagnaTerra Technologies | Unnamed stage | 4 Jul 2025 | $11m | Participant | Startup Daily, SmartCompany, RFC Ambrian Funds Manage portfolio |
Companies Worley has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| MagnaTerra Technologies | Deep tech company formed by merging NextOre and MRead, developing MR sensing to detect mi… | 4 Jul 2025 | 1 | 0 |
Fund closes reported for Worley, as distinct from the investments it has made.
Companies Worley has backed that another company then bought. An exit for the holding, not a deal Worley did.
Stories naming Worley. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Ampyr has locked in bank debt above A$340m, a Zen Energy virtual offtake and Fluence as battery supplier for its first large battery in NSW, with a 6 GWh storage goal for 2030.
Roundup of four Australian raises: MagnaTerra formed from a CSIRO merger, Mobile Tyre Shop backed by Sailun, Coinstash's Series A, and MogoPlus funded by New Model Venture Capital.
Also Startup Daily·Australian FinTech·Startup Daily·SmartCompany
SunCable appoints two industry executives — Cameron Garnsworthy as Australian managing director and Martin Hay as chief development officer — to drive the onshore component of its Northern Territory baseload solar and storage project.
Vast has brought in CYD to begin early engineering on its VS1 solar thermal project in Port Augusta, simulating the storage tanks digitally; the piece also recaps earlier ARENA backing.
A battery materials maker has engaged an engineering firm to run feasibility work on its planned Kalgoorlie refinery hub, a project earlier awarded a large federal manufacturing grant and pursued with a nickel miner.
RFC Ambrian reports NextOre's magnetic resonance ore sorting system is fully commissioned at First Quantum's Kansanshi mine, now the world's highest capacity plant, and recalls portfolio company Chrysos Corporation's recent ASX listing.
Perth's Carbon280 joins a consortium awarded UK government funding for a hydrogen storage refuelling prototype in Wales, alongside Corre Energy, Worley, Element 2 and Energy Reform.