The federal government-backed Clean Energy Finance Corporation (CEFC) is investing up to $40 million in household renewable energy fintech Brighte. The investment will share 2% off the cost of loans for home energy efficiency improvements, including solar and battery systems, energy-efficient heating and cooling, insulation, and EV chargers, with Brighte launching a new discounted green… Read more »
Sydney fintech Brighte, which has been riding the wave of home solar funding, has cut its workforce by around 15%, laying off more than 30 staff. The move comes as homeowner interest in solar panels jumps in response to skyrocketing energy prices. Despite being backed by heavy-hitting investors, including the family VC firms of Atlassian… Read more »
Household renewable energy financier Brighte has scooped up another $185 million in asset-backed securitisation (ABS) as it looks to get into the “gentailing” as an energy retailer with its clients. The company, which counts Mike Cannon-Brookes and Grok Ventures among its key VC backers, has raised $375 million in public debt and $145 million in… Read more »
Green energy finance provider Brighte has raised $100 million to move into energy retailing. The $100 million round was led by Grok Ventures, the family investment company run by billionaire Annie Cannon-Brookes and her husband Mike. Founder & CEO Katherine McConnell said the fund will be used in three key areas: acquiring more solar households,… Read more »
Brighte founder and CEO Katherine McConnell has been named Australia’s fintech leader of the year and Afterpay the fintech organisation of the year at the second annual Finnie Awards.
Fintech startup Brighte has secured a $20 million debt funding facility from National Australia Bank (NAB).
Brighte has announced the close of a $4 million Series A round led by Grok Ventures, with the funds to be used to further build out the Brighte platform.
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