Climate Tech
Melbourne energy grid fault detection startup raises $50 million
A veteran startup detecting faults in powerlines to prevent bushfires has raised $50 million from US and local venture funds. IND Technology was cofounded by RMIT Professor Alan Wong and Kokwai Leu Melbourne in 2013 following the 2009 Black Saturday fires, to develop Early Fault Detection (EFD) systems for preventing bushfires and grid failures. The… Read more »
