Melbourne renewables battery startup Voltavate has raised $850,000 in a pre-Seed round to make lithium-ion batteries and energy storage devices safer, more efficient and sustainable. The round was led by Artesian, with support from Investible, Electrifi Ventures, and angel investors John Wood, Christiaan Jordaan, and Steven Vassiloudis, as well as the startup’s chair, Reza Behnam.… Read more »
Battery materials startup Sicona Battery Technologies has raised AU$15 million from an existing investor, India’s Himadri Speciality Chemical, as part of a deal to commercialise its technology. The Wollongong startup previously raised $22 million in a Series A led by Himadri two years ago, adding to a $3.7 million in a pre-Series A in August… Read more »
A Newcastle-based battery storage startup backed by energy giant Origin has raised $17.5 million in a Series A. Allegro Energy has developed water-based Redox Flow Batteries (RFB) to store renewable energy and plans to build an 800 kWh pilot storage plant at Origin’s Eraring site later this year. The round was led by US climate change… Read more »
Homeowners and businesses will be offered up to $2400 by the NSW government to install a battery to store solar under a new incentive program kicking off later this year The new incentive is part of the Peak Demand Reduction Scheme and includes: Between $1600 and $2400 off the up-front installation cost of a household… Read more »
Western Australian battery recycling startup, Renewable Metals has raised $8 million in Seed funding to address low levels of lithium battery materials recovery. The round was led the Investible’s Climate Tech Fund, with support from the Clean Energy Finance Corporation (CEFC) through Virescent Ventures, which tipped in $2.5 million, and US VC the Grantham Foundation… Read more »
Battery materials startup Sicona Battery Technologies has raised AU$22 million in a Series A for its plans in Australia and the US. The round was led by India’s Himadri Speciality Chemical Ltd, Australian VC Artesian, and Electrification & Decarbonization AIE LP, a fund managed by Waratah Capital, alongside backers including Riverstone Ventures, Chaos Ventures, Investible Climate… Read more »
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