Led · Equity · Jul 2024

Founded in 2018, Sircel operates recycling facilities in Villawood, Parkes, Dandenong and Yatala, and partners with downstream vendors across Adelaide, Darwin and Perth. The company’s proprietary processes recover high-value metals—gold, copper and others—from end-of-life electronics, computers, mobile phones and solar panels. Management is now scaling a fast-growing solar-panel recycling division while expanding geographically to meet Australia’s rising e-waste volumes. Sircel projects FY26 revenue of $75 million and EBITDA of $13.2 million based on its current run-rate. Leadership was recently strengthened with former manufacturing executive Brendon Wright as COO and marketing strategist Angie Bradbury as Chairperson. Backed by Tectonic Investment Management, Sircel positions itself as a crucial player in Australia’s circular-economy push and benchmarks against listed advanced-metals peers IperionX, Metal Powder Works and Titomic. Proceeds from the current financing will be allocated to high-yield recycling capacity, geographic expansion and solar-panel recycling scale-up.

Led · Equity · Sep 2021

Wattwatchers is a tech company active in the renewable-energy space. The article reports that investment firm Kilara Capital has invested $5.3 million into Wattwatchers. Kilara Capital is described as being backed by former Rich Listers the Smorgon family. The piece places the investment in the context of investor views that renewable technologies are running ahead of Australia’s slow policy rollout. The article does not provide product-level detail, operating metrics, or financial statements for Wattwatchers. No uses of proceeds or future plans are disclosed in the coverage. Wattwatchers develops smart energy devices and a consumer-facing platform called My Energy Marketplace that visualises household energy use in real time via mobile apps and a cloud-based hub. The platform enables customers to access their own data, carry it when switching energy providers, and opt in to share data with third parties for programs such as virtual power plants and demand response. The company plans a consumer-friendly app-store model that combines energy data with IoT technologies and smart appliances to enable new consumer-facing applications. Wattwatchers intends to offer devices at a discount to participating customers under the project, and to test business interest in customer electricity data at scale. The platform will also allow system operators like AEMO and Distribution Network Service Providers to pay for access to granular consumer data to improve visibility of the low-voltage grid and DER impacts. ARENA and Wattwatchers present the initiative as a commercial-scale three-year demonstration to be deployed with community organisations, industry and corporate partners.

Led · Series A · Jun 2021

Grounded Packaging is an end-to-end packaging specialist that works with sustainable and innovative materials to design and deliver circular packaging solutions. Founded in 2019, the company has captured thousands of data points across materials and supply chains to calculate the true environmental impact of packaging options. Its data-led model enables Grounded to identify the best packaging solutions based on business needs and end-of-life treatment, spanning reusable, recyclable, recycled-material, and compostable options. The company's mission is to help businesses of all sizes transition away from virgin plastics toward more circular models. Grounded has secured a $5 million Series A impact investment to support growth. The funding will be used to expand its technology and data team, build supply-chain capabilities, and further automate services tailored to smaller businesses.