Phil Blythe

Ten Aussie startups that raised $39 million this week

Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.

Also SmartCompany·Startup Daily

Re-Seeded: Tidal backs renewables startup Orkestra again in new $2 million raise

Melbourne renewables software firm Orkestra has secured $2 million in a follow-up seed round led again by Tidal Ventures, alongside Rampersand, Impact Ventures, Luxem and four climate tech investors, with a Series A next.

Also SmartCompany·Startup Daily

Innovative distributed energy platform to streamline Australia's future decentralised energy system

ARENA commits a $10 million grant to GreenSync to scale its deX distributed energy platform nationally, having earlier funded $450,000 toward the prototype's development and pilot.

Also RenewEconomy

AEMO to trial using virtual power plants for frequency control

ARENA commits grant funding for AEMO's virtual power plant trial and for GreenSync's grid software, while Ausgrid and Reposit Power launch a trial VPP across Sydney and surrounding regions.