Startup · $26m raised
Perth, WA
Every investor coverage indicates participated in a round Element Zero raised.
| Investor | Rounds | Invested |
|---|---|---|
| ARENA | Grant | $26,000,000 |
| Australian Renewable Energy Agency (ARENA) | Grant | - |
| Federal Government | Grant | $26,000,000 |
Companies Element Zero acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Element Zero. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Canberra is putting up to $26 million through ARENA behind Element Zero's Perth pilot testing whether the nation's iron ore can become low-emissions iron via a renewable-powered, molten-salt process.
Western Australia's government has shortlisted 23 companies for the 2026 Innovators of the Year awards across six categories; $310,000 in prizes will be shared in November, and past winners including Kanopy are recalled.
Payments automation firm Lessn reports over $100 million transacted on its platform in its first year, recalling a small November 2025 round at a $30 million valuation, with further investment under consideration.