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Australian Renewable Energy Agency

Oceania, Australian Capital Territory, Australia, Canberra

Description

Australian Renewable Energy Agency is a government agency that provides funding to accelerate renewable energy innovation.

Investor Profile

Australian Renewable Energy Agency has backed more than 10 startups, with 8 new investments in the last 12 months alone. The firm has led 6 rounds, about 60% of its total and boasts 56 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Grant, Series C, Series B rounds (top funding stages).
  • Majority of deals are located in Australia, United States.
  • Strong thematic focus on Renewable Energy, Energy, Education.
  • Led 6 rounds in the past year.

Stage Focus

  • Grant (70%)
  • Series C (10%)
  • Series B (10%)
  • Series D (10%)

Country Focus

  • Australia (90%)
  • United States (10%)

Industry Focus

  • Renewable Energy
  • Energy
  • Education
  • Clean Energy
  • Software
  • Solar
  • Power Grid
  • Energy Storage
  • Greentech
  • Higher Education
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Australian Renewable Energy Agency frequently co-invest with?

AGL Energy
Oceania, New South Wales, Australia, Sydney
Co-Investments: 2
TotalEnergies Ventures
Europe, Ile-de-France, France, La Défense
Co-Investments: 1
Next47
North America, California, United States, Palo Alto
Co-Investments: 1
Equinor Ventures
Europe, Rogaland, Norway, Stavanger
Co-Investments: 1
UB
North America, California, United States, San Francisco
Co-Investments: 1
Quanta Services
North America, Texas, United States, Houston
Co-Investments: 1
Breakthrough Victoria
Oceania, Victoria, Australia, Melbourne
Co-Investments: 1
Electrifi Ventures
Oceania, New South Wales, Australia, Sydney
Co-Investments: 1

What are some of recent deals done by Australian Renewable Energy Agency?

Nextracker

Fremont, California, United States

Nextracker is a solar technology platform that focuses on enhancing the performance of solar photovoltaic (PV) plants.

Natural ResourcesRenewable EnergySoftwareSolar
GrantOct 27, 2025
Relectrify

Melbourne, Victoria, Australia

Relectrify develops advanced battery control solutions, which increase the lifetime and reduce the cost of battery storage systems.

BatteryElectronicsEmbedded SoftwareEnergyEnergy StorageSolar
GrantOct 22, 2025
Amount Raised: $16,241,328
McCain Foods

Toronto, Ontario, Canada

McCain Foods is a family-owned business and manufacturer of frozen potato products and a global leader in prepared appetizers and snacks.

Food and BeverageFood ProcessingSnack Food
GrantSep 30, 2025
Amount Raised: $5,602,917
Lab 360 Solar

Sydney, New South Wales, Australia

Lab 360 Solar was established. To turn Daytime PL imaging into commercial goods and services

Renewable EnergySolar
GrantSep 12, 2025
Amount Raised: $2,637,702
BluVein

Northgate, Queensland, Australia

BluVein develops mining machinery, robotics, and power systems.

Electric VehicleMiningProduct Research
GrantAug 14, 2025
Amount Raised: $5,932,849
Tindo Solar

Lakes Creek, Queensland, Australia

Tindo Solar is a manufacturing company that offers solar panels for homes and businesses.

EnergyManufacturingRenewable EnergySolar
GrantAug 6, 2025
Amount Raised: $22,387,057
Orica Limited

Melbourne, Victoria, Australia

Orica is a provider of commercial explosives and blasting systems to the mining and infrastructure markets.

ChemicalManufacturing
GrantJul 4, 2025
Amount Raised: $283,132,759
Luminous

Boston, Massachusetts, United States

Embodied AI for industrials beyond human capacity (e.g. solar construction)

Solar
GrantJul 2, 2025
Amount Raised: $3,224,486
RayGen

Nunawading, Victoria, Australia

RayGen is building lowest cost, long duration solar + storage to deliver the economics of pumped hydro with the flexibility of batteries.

BatteryClean EnergyEnergyEnergy StorageManufacturingRenewable EnergySolar
Series DApr 10, 2025
Amount Raised: $79,040,363
Vast

Darlinghurst, New South Wales, Australia

Vast is a concentrated solar thermal power, delivering clean, dispatchable power and heat, and green fuels.

Power GridRenewable Energy
GrantMar 12, 2025
Amount Raised: $113,247,006