Ledger.

Investment Manager, IP Group Australia

Shane Meaney

Coverage

Stories naming Shane Meaney. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Series A $28m

Investment in shark skin poised to take off

Sydney aerospace company MAKO has raised $28 million in a Virescent Ventures-led Series A to manufacture Flightfilm, a shark-inspired skin that cuts aircraft drag and fuel use.

Also Virescent Ventures·mako.aero·Cut Through Venture·SmartCompany·Startup Daily·Startup Daily·Forbes Australia·Defence Connect

2 deals

Climate tech startup MGA Thermal raises $17 million

MGA Thermal, a Hunter Valley energy storage maker, has banked $17 million from IP Group and others to commercialise its heat-storage technology, lifting its total funding to $50 million.

Unnamed stage $17m

IP Group backs MGA Thermal’s technology to accelerate heavy industry decarbonisation

IP Group Australia led a $17 million investment in Hunter Valley thermal storage company MGA Thermal, with Shane Meaney joining the board alongside prior backer Main Sequence ahead of commercial rollout.

Also SmartCompany·SmartCompany·Startup Daily·Startup Daily·mgathermal.com·Startup Daily·mgathermal.com

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