• Hysata

  Participated · Series B · May 2024

  Hysata develops a new type of electrolyser featuring an electrolysis cell coupled with a simplified balance of plant to produce green hydrogen. The company intends to scale manufacturing capacity at its Wollongong, New South Wales facility and pursue gigawatt-scale production. Hysata plans to use the recent funding to expand production and further develop its technology. Led by CEO Paul Barrett, the company emphasizes high efficiency, intrinsically low capex, and a mass-manufacturable design to lower the levelised cost of hydrogen. Hysata currently employs roughly 75 staff and aims to grow to more than 200 employees over the next couple of years while expanding its footprint across multiple continents. Hysata has developed a redesigned hydrogen electrolyser that eliminates gas-bubble formation and cuts electrical resistance, claiming around 95% efficiency versus ~75% for current technologies. The company says the design greatly reduces cooling needs and can produce green hydrogen at well below the competitive target of $2 per kilogram. Hysata spun out of research at the University of Wollongong and is commercialising the laboratory concept. As part of commercialization, Hysata will build and test a 5 MW system at its Port Kembla manufacturing facility. The full system is planned to be moved to Rockhampton for installation and trials adjacent to Stanwell Power Station, with the field pilot due to commence in 2025. The project is framed as a key step to unlocking commercial demand if the prototype proves effective at scale. Hysata is an Australian company that develops hydrogen electrolyser technology to produce green hydrogen. Its core product is an electrolyser system that operates at 95% system efficiency. Led by CEO Paul Barrett, the company positions the technology for scalability with potential availability in Europe from 2030. Hysata raised USD23M in a Series A to support growth. The company intends to use the funds to grow the team and develop a pilot manufacturing facility. Participating investors include Virescent Ventures (on behalf of the Clean Energy Finance Corporation), Kiko Ventures, IP Group Australia, Vestas Ventures, Hostplus and BlueScope via BlueScopeX.

• Morse Micro

  Participated · Series B · Nov 2022

  Morse Micro is a Sydney-headquartered fabless semiconductor company specializing in Wi-Fi HaLow silicon solutions that offer up to ten times the range and 100 times the coverage area of traditional Wi-Fi, enabling next-generation IoT connectivity for smart homes, industrial automation, and smart cities. Its product line includes the first-generation MM6108 and the newly released MM8108 chips, as well as the HaLowLink 2 global evaluation platform. In 2025 the company launched its second-generation system-on-chip, moved multiple designs into mass production with leading OEMs, and expanded reference designs and ecosystem partnerships. Morse Micro employs more than 130 people in Australia and maintains offices in the United States, Taiwan, China, India, Japan, and the United Kingdom. The firm positions itself at the forefront of “IoT 2.0,” targeting high-throughput, long-range, and highly scalable deployments. To date it has raised over $193 million in venture funding, which is being used to scale chip production and accelerate international expansion. Management asserts an ambition to become the world’s leading wireless IoT chip company and is preparing for future growth and potential public-market entry.

• Edrolo

  Participated · Series B · Jun 2022

  Edrolo produces curriculum-specific tutorial videos, textbooks and online content for secondary school students and sells packaged resources to schools. The company began by selling to parents but shifted to school packages after teacher demand; those packages save teachers time in lesson prep and marking. Last year Edrolo recorded 71 million online video plays and 106 million pieces of content viewed by teachers and students. The business employs almost 200 people and has reinvested 100% of its revenue back into the company alongside outside investment. The new capital will finance an ambitious rebuild to create a complete catalogue of core curriculum-aligned resources for science, maths, humanities and more across Years 7–12, accommodating state-by-state curriculum differences; Year 7 content has already been completed. Edrolo is Melbourne-based and was founded by Ben Sze, Duncan Anderson and Jeremy Cox. Edrolo is an Australia-based online education startup. The company operates in the online education space. It raised $2.6 million in a venture round. The round was led by AirTree Ventures and Blackbird Ventures, with support from Singapore-based Jungle Ventures, investor Roger Allen and others. The article does not disclose the company's founding year, valuation, prior rounds, specific product details, operating metrics, or how the proceeds will be used.

No current team members are available.