Startup · $16.1m raised
Brisbane, QLD
Every investor coverage indicates participated in a round Redflow raised.
| Investor | Rounds | Invested |
|---|---|---|
| New Technology Capital Group | Unnamed stage | $5,000,000 |
| Queensland Critical Minerals and Battery Technology Fund | Grant | - |
| Queensland Government | Grant | $1,000,000 |
Companies Redflow acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Redflow. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
VSPC, Livium's battery subsidiary, wins a $30 million ARENA grant toward a cathode powder demonstration plant; the piece also recalls funding for AnteoTech, Li-S, Novonix and Energy Storage Industries, plus Redflow's administration.
Also RenewEconomy·RenewEconomy
Brisbane flow battery maker Redflow has entered voluntary administration after failing to attract matching private investment, with Deloitte appointed; the article also recalls Tritium's sale to Exicom and a small earlier Redflow equity raise.
ARENA grants $2.85 million toward Horizon Power's trial of Redflow zinc-bromine and BASF sodium-sulphur batteries at two remote Western Australian microgrids, within a $5.7 million storage project.
Brisbane flow battery maker Redflow has won a Queensland government grant of up to $1.12 million toward a feasibility study for a large local battery factory.
Also RenewEconomy
Redflow's zinc-bromine flow batteries chosen for a fourth Californian grid project, a tribal microgrid recommended for a multimillion-dollar grant, extending the Brisbane manufacturer's run of US energy storage wins.
A rolling roundup of Australian energy-sector job moves, listing dozens of executives, directors and ministers joining or leaving utilities, regulators, developers and industry bodies between May and December 2023.
Redflow has won its largest flow battery contract, supplying 34.4 MWh for a California children's hospital microgrid backed by a US federal energy storage program whose final funding figure is undetermined.
Redflow banks extra placement money atop its August raise; Flinders University plans a space-cyber forum; VEX Robotics partners with a robotics peak body; a munitions venture wins an award; DXN lands a cable contract.
RenewEconomy reports flow battery maker Redflow is tapping shareholders for fresh capital to fund big storage projects, touting a landmark California microgrid contract win and demand across several markets.
Queensland battery maker RedEarth Energy Storage has raised $12 million ahead of a planned 2022 sharemarket float, with Ord Minnett Private Opportunities leading and Perennial Value and Thorney among the backers.
Also @AuManufacturing·RenewEconomy·Dragonfly Enviro Capital·SmartCompany
Lynas Rare Earths and Australian Vanadium revealed multimillion-dollar federal manufacturing grants to commercialise rare earth refining and build vanadium battery electrolyte production in Western Australia.
Brisbane flow battery maker Redflow has launched a capital raise of roughly $23 million, pairing $5 million from a US investor with an entitlement offer, as it pushes into the American storage market.
Also RenewEconomy
Redflow, a Brisbane flow battery maker, has opened a capital raising of up to $23 million to finish its Gen3 battery after coronavirus delayed customer orders, while the publisher pledges to keep publishing through the crisis.
Brisbane battery maker RedEarth announced a $4.75 million Series A backed by a Queensland government fund, targeting local manufacturing growth, while the article also recalls Tritium's earlier backing and Redflow's $7.5 million placement.
Brisbane battery-storage maker RedEarth Energy Storage has raised its first external funding, a Series A, backed by institutional and family-office investors and matched by a Queensland government fund.
Also SmartCompany
Sydney energy storage startup Gelion unveils its zinc bromine gel battery platform, signs a commercial deal with its founding university, and launches a new fundraising round, recalling its earlier Armstrong Energy backing.