Australian government-backed Clean Energy Finance Corporation (CEFC) has doubled down on rideshare car rental firm Splend, investing another $20 million in the scaleup to increase its electric vehicles (EVs) fleet. The fresh cash comes just 13 months after the initial CEFC investment of $20 million in June 2023, which then saw Splend add 500 EVs… Read more »
Federal government investment fund the Clean Energy Finance Corporation (CEFC) has doubled down on its funding for Infradebt, tipping an additional $100 million into the ACT-based renewables financing firm, taking its total backing to $150 million. Infradebt is a specialist infrastructure project finance fund manager/financier, providing capital for renewables and battery storage projects as well… Read more »
A manufacturing startup taking inspiration from the streamlined design of shark skin to reduce drag on plans has raised $5.6 million in a Seed round. The raise for MicroTau was led by the Clean Energy Finance Corporation (CEFC), chipping in $2 million, supported by Bill Tai and Amanda Terry of ACTAI Ventures and Bandera Capital. The… Read more »
Novalith Technologies, a climate technology startup that’s developed a more environmentally friendly extraction process for lithium, has raised $2.5 million in a seed round. The raise was led by the CEFC’s Clean Energy Innovation Fund, which contributed $1.5 million. The US-based Jeremy and Hannelore Grantham Environmental Trust’s Neglected Climate Opportunities LLC also joined the round. Novalith… Read more »
A new, Sydney-based alternative proteins startup has joined the race for fake meat market share in Australia, raising $16 million in a seed round. Leading the investment in All G Foods was the federal government’s Clean Energy Finance Corporation (CEFC), which chipped in $5 million through its Clean Energy Innovation Fund alongside several prominent angel investors. The… Read more »
Sydney energy startup Wattwatchers has raised $2 million from the Clean Energy Finance Corporation (CEFC), which administers the government’s Clean Energy Innovation Fund.
Brisbane’s Felons Brewing Co is hitting Sydney 
New research concludes you can change your personality with tweaks to what you think and do 
Australia suddenly leads the world with new loot box and gambling laws. Here’s what that means 
Event management platform Attekus ends 7-year bootstrapping run with $5 million raise 
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