Business

Nothing ventured, plenty gained: EV charging startup Jolt borrows $214 million for Canada roll out

- February 25, 2025 2 MIN READ

Sydney advertising and electric vehicle charging startup Jolt has eschewed VC funding for its latest global expansion, instead striking a $214 million (C$194m) loan agreement with the Canada Infrastructure Bank (CIB) to fast track its charging network across the top of North America.  The funds will see Jolt install 1,500 fast and free kerbside chargers… Read more »

Funding

Blackbird powers up Kiwi EV charger Kwetta’s $15.8 million Series A for Europe plans

- January 28, 2025 2 MIN READ

New Zealand EV charging startup Kwetta has raised A$15.8 million (NZ$17.5m/US$10.5m) in a Series A to tackle grid optimisation in the European market to power up electric buses and trucks. The round was led by the Kiwi outpost of Sydney fund Blackbird, with support from Clean Energy Finance Corporation-backed Virescent Ventures, Icehouse Ventures, and existing… Read more »

Tim Washington and Ellen Liang.
Funding

Veteran EV charging scaleup powers up on $72 million raise

- December 19, 2024 2 MIN READ

Twelve-year-old Melbourne EV charging business Jet Charge has raised $72 million after a year-long funding hunt, securing Mirova, an affiliate of global asset manager Natixis, as its lead investor. Existing backers the Clean Energy Finance Corporation (CEFC), RACV (the Royal Automobile Club of Victoria) and Kilara Capital also hit the EFT button once again. Mirova’s… Read more »

Orkestra cofounders
Funding

ARENA powers up clean tech startup Orkestra with $2.77 million for EV charger plans

- November 7, 2024 2 MIN READ

Federal government-backed Australian Renewable Energy Agency (ARENA) has awarded software startup Orkestra $2.77 million in co-funding to help fast-track the rollout of commercial electric vehicle chargers.  The $5.5m software project is also being backed by electricity giants AGL and EnergyAustralia, as well as motoring organisations RACV and RAA and commercial real estate firm CBRE, aims… Read more »

Business

EV charger maker Tritium survives after Indian buyer bags $45 million bargain

- August 12, 2024 2 MIN READ

Brisbane-based electric vehicle charger manufacture Tritium will live, but under new Indian owners. New Delhi-based EV charger manufacturer Exicom has scored a bargain, snapping up the rival business, at one stage worth $2 billion before it was handed to administrators in April, for $45 million (US$30m). The acquisition will save around 300 Australian jobs, but will… Read more »