Startup · $27.9m raised
Melbourne, VIC
Every investor coverage indicates participated in a round Relectrify raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Renewable Energy Agency (ARENA) | Grant | $25,000,000 |
| Industry Growth Program | Grant | $2,900,000 |
Investors whose own portfolio pages list Relectrify, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Virescent Ventures | its portfolio page ↗ |
Companies Relectrify acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Relectrify. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Victoria's Breakthrough Victoria has committed $75m to five specialist VC funds covering climate tech, life sciences, female founders and healthcare, each pledging a quarter of its capital to local startups.
Breakthrough Victoria is putting $75 million into five venture capital funds, including Virescent, SYNthesis BioVentures, Scale and Galileo, each of which has pledged a quarter of its capital to Victorian startups.
Breakthrough Victoria makes cornerstone investments totalling $75 million into five venture capital funds spanning climate-tech, biotech, diversity-focused and health sciences investing.
Melbourne battery maker Relectrify has launched its inverter-free AC1 commercial battery, supported by a $25 million ARENA grant and a fresh $2.9 million federal grant to extend the technology into electric vehicles.
Also @AuManufacturing
The renewable energy agency has awarded A$25 million to Melbourne battery firm Relectrify to roll out its inverter-free AC1 storage systems, building on earlier agency funding that helped develop the technology.
Virescent Ventures reports that Relectrify, a company it backs, has won certification for its ReVolve battery storage product under international safety and grid connection standards, clearing it to supply customers.
Melbourne energy storage firm Relectrify won IEC certifications for its ReVolve product, with endorsements from Nissan Casting and Counties Energy; the article recalls a growth round led by Toyota Ventures.
Battery control startup Relectrify has closed a growth round led by Energy Innovation Capital, with EEI, EDP and GS Futures joining and existing backers including the CEFC returning; an EIC director joins its board.
ARENA announced a $1.49 million grant to Melbourne battery firm Relectrify to commercialise a modular battery system built from second-life EV packs, part of a $3.3 million project deploying 20 units across Australia.
Battery technology developer Relectrify has released its ReVolve second-life EV battery storage product for commercial and industrial customers, with rollout support from ARENA; the article also recalls CEFC's earlier investments in the company.
TechCrunch profiles six standout startups from Melbourne's Pause Fest pitch competition, recalling past raises by Medinet, Everty, Relectrify and Gabriel among the winners.
Melbourne battery startup Relectrify has pilot partnerships with Nissan's US branch and American Electric Power, following a previously reported $2.5 million investment from the Clean Energy Finance Corporation's Innovation Fund.