Participated · Series A · Jul 2026

Gridcog builds energy modelling and simulation software used by businesses to plan and optimise decentralised clean energy projects. Its platform is already deployed by several global enterprises, including Shell, Greenvolt, Perth Airport, AGL and Ausnet Services. The company is Australian-founded and operates offices across the UK, Europe and Australia. Gridcog plans to use the $12.5 million Series A to deepen its technology platform and expand its commercial, customer and product teams. The company positions its software as significantly faster and more transparent than traditional spreadsheet-based modelling, aiming to support more bankable and accelerated energy transition projects.

Led · Equity · May 2026

Sunswap develops the Endurance line of fully electric, solar-assisted refrigeration units designed to replace diesel-powered transport refrigeration on refrigerated trailers. The company has existing deployments with a local Australian distribution partner, Protran Solutions, and customers among major fleets and retailers in Europe and South America. Sunswap has demonstrated the Endurance system in Australian conditions, including a 1,671 km Sydney–Brisbane trial completed without en route charging and with 62% battery remaining. The company plans to expand its presence in Australia, with the CEFC commitment targeting deployment of more than 100 units across retail and logistics fleets. Sunswap's product aims to reduce diesel use, lower operating costs, and improve air quality in cold-chain logistics.

Led · Series A · Apr 2026

Renewable Metals develops lithium‑ion battery recycling technology and modular commercial plants designed to recover critical minerals from spent batteries. The company reports it can recover about 95% of critical minerals and operate at roughly 50% lower operating costs than incumbent recyclers. It plans to expand production capacity in Australia and onshore recycling to avoid exporting battery waste to China. Renewable Metals positions its modular plants to scale into markets such as the EU, US and Australia as governments introduce recycled‑content mandates. Management and investors have framed the business as addressing geopolitical supply‑chain risks tied to critical minerals. The company’s recent $12M Series A will fund the next stage of commercial expansion.

Participated · Series B · Oct 2025

SwarmFarm Robotics develops compact, self-driving “SwarmBots” that work together in fleets to handle on-farm tasks such as spraying and crop management. These robots are paired with SwarmConnect, an open “app store for agriculture” that lets third-party developers and farmers add crop- or task-specific software modules. By replacing million-dollar tractors and combines with simpler, lower-cost machines operated from a smartphone-like interface, the company aims to cut input costs, improve repairability, and reduce environmental impact. Farmer adoption of SwarmBots now exceeds that of traditional tractor-autonomy solutions in Australia, and some SwarmConnect partners report sales gains of more than $20 million in a single year. With fresh capital, SwarmFarm plans to expand manufacturing capacity in Toowoomba, grow its team, and launch into North America. Founded in 2012 by Queensland farmers Andrew and Jocie Bate, the startup previously raised a $12 million Series A in 2023, a $4.5 million round in 2020, and secured an $856,000 grant from the Northern Australia Development Program in 2022. The new funding strengthens its balance sheet as farmers worldwide seek more efficient, cost-effective machinery heading into 2026.

Led · Equity · Aug 2024

Splend is an Australian rideshare fleet operator. The company was one of seven startups featured in a fortnightly funding round-up that collectively raised $45.6 million. Splend secured another $20 million investment from the Clean Energy Finance Corporation (CEFC). That latest injection brings the total amount Splend has received from the government-backed CEFC to $40 million. The article frames the funding as an investment and does not provide additional operational or financial metrics. Splend is a tech-enabled financing platform launched in 2015 that provides all-inclusive vehicle ownership products targeted at on-demand rideshare drivers. Its core offerings include a Flexi Own subscription plan that provides a path to ownership over five years and short-term rental contracts. Splend targets electrification of rideshare fleets and estimates full-time drivers could earn about $200 a week net more driving an EV than an ICE vehicle. The company reports that rideshare drivers can cover as much as 60,000 kilometres a year and that Splend drivers make on average 400 customer trips per month. CEFC support has already boosted Splend’s EV fleet by some 500 cars in less than six months, and Splend has committed to sharing data on battery performance and resale values to help fleet operators and financiers. The company aims to grow its EV fleet to accelerate Australia’s transition to sustainable transport and reduce transport-sector emissions. Splend is a technology-enabled platform (launched in 2015) that offers all‑inclusive vehicle subscriptions targeted at on‑demand rideshare drivers in Australia and the UK. Its turn‑key solution handles admin, provides flexible short- and long-term subscriptions, and positions the company as Australia’s largest vehicle subscription provider for rideshare drivers. Splend has rolled out EVs (initial 500 in Sydney starting Q4 2022) and describes itself as the single largest EV operator in Australia; its EVs have travelled over 6.2 million kilometres and saved roughly 1,000 tonnes of CO2 tailpipe emissions to date. The company is fast‑tracking a transition to green mobility with a global fleet target of 10,000 EVs by 2024 and has helped thousands of customers across Australia and the UK. The business is expanding its EV fleet to meet high‑kilometre rideshare demand and aims to double its EV count to about 1,000 vehicles by the end of the year.