TechNexus Venture Collaborative的动态

Some of my friends think it's a bit comical that I'm in a Facebook community group about my electricity retailer. But I really do believe that what Amber is doing in Australia is something special. The news that Amber have completed their Series C funding round is very exciting for them. For those that don't know, Amber is an electricity retailer that sells power based on wholesale prices that, in Australia, change every 5 minutes. In my home I have 4.3kW of solar panels, 27kWh of batteries and a 7kWh PHEV. I'm able to allow Amber's SmartShift technology to buy and sell power at variable rates across the day, literally buying when the price is low (sometimes negative) and selling back to the grid when the price is high (sometimes very high). My total electricity bill for 2023, which covered our entire home plus probably 80% of our driving, was $280. As far as I'm aware, there is no other retailer in the world offering a system as sophisticated as Amber. Deploying more renewable and batteries is obviously very important but being smarter about how we use electricity, by time-shifting demand, is also of huge importance. I noted a few things from today's fundraising announcement: Amber has over 30,000 customers and 50% of those joined in the past 6 months. The lead investor, Gentrack, has "cemented a strategic partnership with Amber to bundle its billing and customer care with Amber’s battery and EV automation software". That sounds promising with respect to further improving customer service. Amber is "now at the stage where we are ready to licence our technology globally." For my friends overseas, I think this is great news. $29 million is a lot but I'm sure they'll have plans to spend that pretty quick. I look forward to the next stage of Amber's (r)evolution.

EDP Ventures invests in Piclo to drive growth in Flexibility Markets and enhance global energy solutions ?? We are thrilled to share that EDP Ventures has co-led a key funding round in Piclo, a leader in energy flexibility markets. This investment, alongside Clean Growth Fund and Future Energy Ventures, is set to expand Piclo’s reach into new markets, including the United States and the Asia-Pacific region. This partnership supports Piclo’s global expansion and strengthens EDP’s distributed energy resources, such as decentralized storage and residential assets, on a global scale. By enhancing the flexibility of our energy systems, we are making a direct impact on improving grid efficiency, increasing capacity, and ensuring more sustainable and resilient energy solutions. Uncover how our partnership with Piclo is shaping the future of energy and driving a more sustainable world ?? https://lnkd.in/dxGuNDQb #EDPWeChooseEarth #AllGreen2030 #FlexibilityMarkets #EnergyTransition

?????? Amsterdam-based?Sympower, a leading provider of independent flexibility services, has raised €21.3 million in an oversubscribed Series B1 funding round. The company also plans to diversify its offering to industrial companies and renewable energy producers by extending its trading capabilities to new energy markets. ?? The round was led by the A&G Energy Transition Tech Fund (A&G ETTF), with direct investment from the?European Investment Fund (EIF)?and participation from existing investors?Activate Capital,?Rubio Impact Ventures,?PDENH, and Expon Capital. The fresh capital will enable Sympower to scale its battery energy storage solutions, pursue future mergers and acquisitions, and drive its European expansion. ?? Read more here: https://lnkd.in/eazUqNDs Simon Bushell Jesus Lozano Lopez Helmer Schukken #cleantech #tech #funding #news #startup #VC #investment #innovation #EUtech #EUstartup #technology

Brisbane startup Evos has raised $4 million as the first tranche of plans to raise $10m in a Series B. The fresh capital once again came from existing investors, 12 months after the electric vehicle (EV)?raised $5 million in a Series A. EVOS was founded in 2020, and focused on fleet energy management and AC charging, designing Australian charging systems for home and work. The startup’s key products are a Fleet Home 22 AC charger and an energy management platform that selects the ideal idle time to charge the vehicle, for example overnight in non-peak periods or in business hours. It also controls charge rate, speed and power to ensure owners can manage their energy output to reduce home charging costs. https://lnkd.in/eDNSfUxS

Venture Capital News - Venture Capital News Headlines

Weekly roundup of funding and M&A deals in the #renewableenergy sector https://lnkd.in/df3HcJPw Matrix Renewables Murugappa Group Tube Investments of India Limited GEF Capital Partners Li Industries Santander Corporate & Investment Banking Bosch Ventures Khosla Ventures LG Technology Ventures 台塑新智能 Formosa Smart Energy Chevron Technology Ventures Shell Ventures Myriad Ventures Relux Electric GreenCell Mobility Sumitomo Mitsui Banking Corporation – SMBC Group Princeton NuEnergy SCG Tech Council Ventures Active Surfaces Safar Partners QVT Financial LP Lendlease Type One Ventures Umami Capital Sabanc? Climate Ventures New Climate Ventures SeaX Ventures

Shoutout to EU-Startups for spotlighting us and amplifying the buzz around our recent milestone—a brand-new fund with an initial volume of €110 million and an ambitious target size of €250 million! ?? We appreciate the recognition of our commitment to sustainable investments in our three areas: future energy, future cities, and future technologies, all geared towards impactful decarbonization. With an average initial ticket size of €1-10 million for early-stage investments, we're on a mission to make a difference by targeting 30 new investments strategically placed in the innovation hubs of Europe, North America, and the Middle East. A special shoutout to Jan Lozek, Founding and Managing Partner of FEV, who aptly highlighted, "The clean energy economy is the greatest business opportunity of our generation, and we are excited to be raising our second fund at this pivotal moment." Thanks again to EU-Start-Ups for helping us spread the word! For the full article link, check out our comment section ?? #Gratitude #EUstartups #FutureEnergyVentures #FundAnnouncement #CleanTech? #SustainableInvestments #FutureEnergy #Innovation

???Axle has raised a $9M Seed round, led by Accel, to decarbonise the power grid ?? We’re on a mission to kick fossil fuels off the grid. This’ll require immense amounts of renewables; it’ll also require a new software architecture to tap into the flexibility of EVs, batteries, and other devices to keep the grid humming when the sun isn’t shining and the wind isn’t blowing. The scale of the challenge is immense - and we’re fortunate to be backed by a group of investors with the track record to match. In addition to Accel and existing investors Picus Capital and Eka Ventures, we’re supported by a team of founder-angels (and a former F1 World Champion!) who knows what it takes to hit the track and take pole position. If you’re motivated to join a world-class team tackling the planet’s most pressing problem, reach out - we’re hiring. Read more from TechCrunch’s Natasha Lomas here: https://lnkd.in/gxNFp89x

?? Must read interview with our Co-Founder CEO Greg Jackson on how to navigate driving change in a highly regulated, but competitive market. Thinking carefully about these questions is not only fun (well, for me ?? ) - it's also vital. We need regulated markets to be disrupted...and in many areas we need disrupted markets to have more regulation (or indeed more competition). Well done to Form Ventures for bringing more of these debates to light and hopefully encouraging more leaders to speak up on the "how to".