CEO · Founder, Brighte
Stories naming Katherine McConnell. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
The Clean Energy Finance Corporation is putting up to $40m into Brighte through a federal program, letting the home-energy fintech offer cheaper green loans for solar, batteries and other household upgrades.
The Australian Renewable Energy Agency commits $5.4 million to a New South Wales trial electrifying 500 homes, working with Brighte, Rewiring Australia and Endeavour Energy on household electrification insights.
Investor's own year in review: five new portfolio companies, a follow-on into ULUU, the Verve Super exit, the Equity Clear gender-reporting initiative, a first founders' retreat, and a sweep of awards for portfolio companies.
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Alberts profile of Brighte founder and CEO Katherine McConnell on her shift from Macquarie Bank to solar payments, the company's expansion and cutbacks, its culture, and her awards.
Energy and fintech firm Brighte has raised $100 million from existing backers, led by Grok Ventures, and is moving into retail energy with a new model combining generation and retail.
Also RenewEconomy·Startup Daily·Australian FinTech·Startup Daily·SmartCompany·Fintech News Australia
Techboard revises its analysis of large 2018 funding events won by female-founded companies, recounting raises by Airwallex, Canva, Judo Capital and others, earlier big rounds, and UrbanYou's acquisition.
Brighte has raised $15.5 million in Series C funding led by AirTree Ventures, with backing from the Atlassian co-founders' funds, Naomi Milgrom and Qualgro, and will expand its financing platform into home improvement.
Also Australian FinTech
Profile of five Australian renewable-energy startups covering wave power, wind forecasting, turbine monitoring, solar payment plans and battery materials, along with their recent grants and raises from ARENA, government programs, AirTree, NAB and others.