Capital returns but discipline and liquidity remain key
A retrospective on 2025 Australian venture activity: large raises at Firmus, Heidi Health, Airwallex and others, deep tech momentum, and Folklore's own backing of Hullbot and Sphere.
Startup · $52m raised · Software
Sydney
Every investor coverage indicates participated in a round OpenSolar raised.
| Investor | Rounds | Invested |
|---|---|---|
| 2150 Sustainability Fund | Unnamed stage · Series B | - |
| Alec Guettel | Series B | - |
| Unnamed stage | - | |
| Howard Wenger | Series B | - |
| Telstra Ventures | Series B | - |
| Titan Grove | Series B | - |
| Titanium Ventures | Unnamed stage | - |
Companies OpenSolar acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Adam Pryor | CTO | Startup Daily |
| Andrew Birch | CEO · Founder | Startup Daily (Fri 10 Oct 2025), SmartCompany, RenewEconomy, Startup Daily (Thu 12 Jan 2023) |
Stories naming OpenSolar. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
A retrospective on 2025 Australian venture activity: large raises at Firmus, Heidi Health, Airwallex and others, deep tech momentum, and Folklore's own backing of Hullbot and Sphere.
Folklore Ventures brings Albert Bielinko in as a partner, recounting his decade as a Titanium Ventures general partner, his earlier investments, and Enable's later acquisition by Flintfox.
Roundup of six Australian and New Zealand funding rounds, headlined by Heidi Health and Octopus Deploy, also covering Nexl, OpenSolar, Lucent and PAM, with past acquisitions of Stella AI, MagicBrief and Codefresh noted.
OpenSolar, a Sydney-based solar software company, has raised US$20 million from Titanium Ventures, Google and 2150 Sustainability Fund to advance its AI tools and global reach.
Early-2023 roundup of startup raises: a solar software company closed a Series B, an adventure-tech firm landed Series A money, and an angel investing platform raised seed capital.
Solar design platform OpenSolar has closed a Series B led by Telstra Ventures with 2150 and existing backers, funding expansion of its free contractor software used across more than 130 countries.