RACV
485 Bourke Street, Melbourne, Victoria, 3000, Australia
Overview
RACV provides a range of services to members, including roadside assistance, Insurance, Tourism & Travel and Resorts in Victoria, Queensland and Tasmania.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Insurance
- Travel
Investment portfolio
- JET Charge
Led · Series B · Feb 2022
JET Charge supplies, installs and operates electric vehicle charging stations and offers energy management and smart-charging technology across residential and commercial segments. The company has expanded from basic installation work to a diversified infrastructure and technology business that addresses owning, using, operating and integrating EV charging. JET Charge has grown its team from about 25 employees to almost 100 since its 2020 Series A and is hiring to build an end-to-end EV charging workforce. It plans to continue expanding in Australia and grow its presence in New Zealand while investing in R&D to develop new charging technology. The company is focused on electricity grid integration of EV charging and working with utility partners to address generation and demand as EVs increase both consumption and storage roles. JET Charge projects strong EV adoption in Australia, forecasting new EV sales rising from 2% in 2021 to over 50% by 2030.
Team
No current team members are available.