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Everything we hold that Virescent Ventures portfolio published.
Every article we hold from Virescent Ventures portfolio.
Virescent Ventures led MAKO's A$28 million Series A with IAG, Zero Infinity, Grok, Skip, IP Group and TreeArc; the Sydney maker of drag-cutting aircraft film works with Vueling, Delta and the US Air Force.
Under IP Group Australia portfolio ·leads this story in the feed
Virescent Ventures announces it co-led DryFlow Magnetics' $10m seed round with Orion Industrial Ventures and Taronga Group, funding a demonstrator for the startup's dry ore-beneficiation technology.
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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Virescent Ventures explains why it co-led NRN's Series A, profiling the Sydney company's no-upfront-cost solar and battery marketplace model and its two founders.
Virescent Ventures announces it has invested in Amber, an Australian retailer letting home battery owners buy and sell power at wholesale rates, citing its customer base and overseas utility partnerships.
Virescent Ventures says QIC has joined Westpac and the CEFC backing its second climate tech fund, with new commitments lifting the initial close to roughly $125 million toward a $200 million goal.
Virescent Ventures partner Blair Pritchard reflects on Hysata, the Wollongong electrolyser spinout whose $172 million Series B he led, covering its technology, culture, customers and the green hydrogen market outlook.
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Virescent Ventures explains why it invested in Xefco, a Geelong startup whose plasma-based process dyes textiles with a fraction of the usual water, energy and chemicals, as part of a round with three co-investors.
Under Investible portfolio ·leads this story in the feed
Virescent Ventures and TRaCE will jointly back UNSW Founders' Climate 10x accelerator with $1.6m for local climate startups; successful applicants can get $120,000–$330,000 each, and expressions of interest open 12 April.
The VC firm's blog post recaps capital it has put into dozens of Australian climate startups and floats a second fund still at the planning stage, with nothing yet committed.
Virescent Ventures' blog announces its seed backing of HydGene Renewables, an Australian startup whose biocatalyst process converts biomass and organic waste into green hydrogen, linking to the fuller announcement.
Also SmartCompany·RenewEconomy·@AuManufacturing·Startup Daily
An A$23m Series A announced by lithium processor Novalith Technologies, a Virescent Ventures portfolio holding, will fund a plant extracting battery-grade lithium more cheaply, quickly and cleanly; the post links to the company's release.
Virescent Ventures reports that Relectrify, a company it backs, has won certification for its ReVolve battery storage product under international safety and grid connection standards, clearing it to supply customers.
Soil-carbon startup Loam Bio has secured a A$105 million Series B and is bringing its CarbonBuilder inoculant and SecondCrop offerings to Australian growers, its backer Virescent Ventures reports.
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Enzyme-based plastic recycler Samsara Eco has raised a $54 million Series A to build a commercial recycling facility in Melbourne, with investors including the CEFC Innovation Fund, W23, Main Sequence, Breakthrough Victoria and Temasek.
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SunDrive has raised a Series A round co-led by the Clean Energy Finance Corporation and Main Sequence Ventures, with Blackbird and Grok also backing its copper-based solar cell technology.
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Dairy alternative maker All G Foods has raised $25 million, led by UK-based Agronomics, to scale production of its lab-grown milk through precision fermentation.
Also AgFunderNews·SmartCompany·Startup Daily·Techboard·Startup Daily·@AuManufacturing
Australian hydrogen technology company Hysata has raised over $40 million to fund expansion following a breakthrough in hydrogen development, per an AFR report linked from the publisher's site.
Also RenewEconomy·@AuManufacturing·Startup Daily·Techboard·Startup Daily·RenewEconomy·@AuManufacturing·RenewEconomy·@AuManufacturing·@AuManufacturing·@AuManufacturing·Forbes Australia·@AuManufacturing·@AuManufacturing
Virescent Ventures' post points to AFR reporting that MicroTau, a Sydney maker of drag-reducing aircraft skin films, has won backing from the Clean Energy Finance Corporation through Virescent-managed funds.
Also RenewEconomy·@AuManufacturing·Startup Daily·@AuManufacturing·@AuManufacturing·@AuManufacturing
Recycling startup Samsara Eco picked up $6 million from the CEFC, managed by Virescent Ventures, plus Woolworths' W23 and CSIRO's Main Sequence, to commercialise its enzyme-based plastic recycling.
Also TechCrunch Australia·@AuManufacturing·Techboard·SmartCompany·TechCrunch Australia
Virescent Ventures' blog flags Hysata's ultra-efficient electrolyser as progress toward low-cost hydrogen; the Australian company's backer is CEFC, whose investments Virescent manages, with fuller coverage in the AFR.
Soil carbon measurement startup Downforce Technologies closed a $3 million seed round backed by CEFC's Clean Energy Innovation Fund, Perivoli Innovations and Tiverton, with Australia as its first target market.
A stub report noting the government-owned Clean Energy Finance Corporation is spinning out a specialist venture capital fund seeking $200 million for clean energy startups, linking to the full AFR coverage.
An EV charging company has closed a Series B of over A$25 million led by RACV, with the CEFC's innovation fund, Claremont Capital and earlier individual backers taking part; its 2020 Series A is also recalled.
Gridcognition closed a $2.25 million seed round, taking its total funding to almost $4 million. The CEFC put in $625,000, alongside Alberts Impact Ventures, Afterwork Ventures and several individual energy-sector investors.
Under CEFC ·leads this story in the feed
Electric delivery vehicle maker Zoomo has closed an oversubscribed Series B of US$60 million (A$80 million), led by new investor Grok Ventures with Skip Capital and ArcTern, plus follow-on from existing backers and a new debt facility.
Also Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily
Australian microbial carbon-removal startup Loam Bio raised a $40 million Series A led by TIME Ventures, with CEFC, Main Sequence, Horizons Ventures and others joining; Virescent Ventures says it has invested $5.8 million.
Also AgFunderNews·SmartCompany·Cut Through Venture·@AuManufacturing·Forbes Australia·Forbes Australia
Deals recorded from Virescent Ventures portfolio's coverage. A round is listed once, however many of their articles mention it.
| Company | Stage | Announced | Amount | Investors |
|---|---|---|---|---|
| Zoomo | Series B | Nov 2022 | $80m | |
| Zoomo | Venture debt | Aug 2021 | $16m | |
| Xefco | Seed | 29 Apr 2024 | $10.5m | |
| SunDrive | Series B | 13 Oct 2022 | $21m | |
| Samsara Eco | Series A | 28 Nov 2022 | $54m | |
| Samsara Eco | Unnamed stage | 24 Mar 2022 | $6m | |
| Novalith | Series A | 21 Apr 2023 | $23m | |
| MicroTau | Seed | 14 Jun 2022 | $5.6m | |
| Mako | Series A | 4 Aug 2026 | $28m | |
| Loam Bio | Series B | 13 Feb 2023 | $105m | |
| Loam Bio | Series A | 28 Oct 2021 | $40m | |
| Loam Bio | Seed | 2020 | $10m | |
| Jet Charge | Accelerator | 17 Feb 2022 | $25m | |
| IND Technology | Unnamed stage | 15 Dec 2025 | $50m | |
| Hysata | Series B | 9 May 2024 | $172m | |
| Hysata | Series A | 2 Aug 2022 | $42.5m | |
| HydGene Renewables | Seed | 27 Jun 2023 | $6m | |
| GridCognition | Seed | 2021 | $2.2m | |
| GridCognition | Grant | 2021 | ~$1m | |
| GridCognition | Pre-seed | 2020 | $675k | |
| DryFlow Magnetics | Seed | Dec 2025 | $10m | |
| Downforce Technologies | Seed | 1 Feb 2022 | £1.6m (A$3m) | |
| All G Foods | Series A | 5 Aug 2022 | $25m |
Companies named in Virescent Ventures portfolio's articles, most-covered first.
| Company | What it does | Articles |
|---|---|---|
| Hysata | University of Wollongong spin-out developing capillary-fed electrolysis cells for green h… | 3 |
| Loam Bio | Agtech company developing microbial soil-carbon technology and farmer carbon projects | 3 |
| AusNet Services | 2 | |
| Jet Charge | EV charging company whose project explores network benefits from vehicle-to-grid technolo… | 2 |
| Samsara Eco | AI-powered enzyme discovery platform for recycling plastics at scale | 2 |
| Woolworths | Australian grocery retailer using electric truck delivery fleets | 2 |
| 2020 - Series A | 2024 - Sold Realised | 1 | |
| Advisian | 1 | |
| AEMO | 1 | |
| AgriWebb | Livestock management platform | 1 |
| Alinta Energy | 1 | |
| All G Foods | 1 | |
| Ampol Australia | 1 | |
| Apple | 1 | |
| ATCO | Canadian utility and IND Technology customer | 1 |
| Atlassian | Australian software company referenced as Accel's earlier investment. | 1 |
| Bamilo | Iran's largest eCommerce platform | 1 |
| Baraja | Developer of advanced LiDAR systems for autonomous vehicles | 1 |
| Boeing | Parent company of drone maker Insitu. | 1 |
| Boston Consulting Group | Corporate partner of Everlab. | 1 |
| British Airways | 1 | |
| Carsales | Online car sales marketplace | 1 |
| Citadel | 1 | |
| Deakin University | 1 | |
| Deliveroo Australia | 1 | |
| Delta Air Lines | Commercial aviation partner of Mako | 1 |
| Domino's | 1 | |
| Downforce Technologies | 1 | |
| DryFlow Magnetics | Uses solid-state magnets instead of water to extract higher-grade iron ore for green iron… | 1 |
| E.ON | 1 | |
| Ecotricity | British green electricity retailer | 1 |
| Endeavour Energy | Australian utility partner of Neara | 1 |
| European Environment Agency | 1 | |
| Finisar | 1 | |
| Future Fibres Hub | 1 | |
| GoPuff | 1 | |
| GridCognition | 1 | |
| HydGene Renewables | 1 | |
| IND Technology | Early Fault Detection (EFD) systems for preventing bushfires and grid failures | 1 |
| Innovative Manufacturing CRC (IMCRC) | 1 | |
| Lockheed Martin | 1 | |
| Mako | Maker of shark skin-inspired film that reduces drag on aircraft to cut fuel use and emiss… | 1 |
| ManuFutures | 1 | |
| MicroTau | 1 | |
| MIT | University whose Orbit AI platform provides AI-powered guidance to entrepreneurs. | 1 |
| Nanosonics | 1 | |
| NASA | Space agency and customer of Advanced Navigation | 1 |
| National Australia Bank (NAB) | 1 | |
| Novalith | Investible portfolio company where Gega founders previously worked | 1 |
| NRN | Climate tech hardware company | 1 |
| Origin Energy | 1 | |
| PG&E | California utility and buyer of the technology | 1 |
| Powercor | Australian utility partner of Neara | 1 |
| Powershop | 1 | |
| PPL Electric | IND Technology's biggest customer, a Pennsylvania grid operator | 1 |
| Qantas | 1 | |
| Recycling and Renewable Energy Commercialisation Hub (REAHC) | 1 | |
| Relectrify | Victorian-headquartered developer of battery technology | 1 |
| RMIT | 1 | |
| Shell Energy | 1 | |
| South Australian Government | 1 | |
| Southern California Edison | US utility partner of Neara | 1 |
| Splend | vehicle subscription startup | 1 |
| SunDrive | 1 | |
| Synergy | state-owned gentailer | 1 |
| Tesla | 1 | |
| Tiger Financial Group | 1 | |
| Trace | AI-powered software for climate compliance and carbon reporting | 1 |
| Tritium | 1 | |
| UN Environment Programme | 1 | |
| University of Wollongong | University partnering with Green Gravity on technology development | 1 |
| UNSW Founders | 1 | |
| US Air Force | 1 | |
| Vueling | Airline subsidiary of IAG conducting pilot trials with Mako | 1 |
| Western Power | 1 | |
| Xefco | Deep tech company using plasma-based deposition technology to dye and finish textiles wit… | 1 |
| Zhik | 1 | |
| Zoomo | E-bike startup | 1 |
Investors named in Virescent Ventures portfolio's articles, most-covered first.