Startup · $994.7k raised
Sydney, NSW
Every investor coverage indicates participated in a round Solcast raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Renewable Energy Agency (ARENA) | Grant | $994,685 |
The transaction that ended Solcast's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| DNV | Acquisition | 2 Feb 2023 | - | RenewEconomy |
Companies Solcast 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 |
|---|---|---|
| Dr Nick Engerer | CTO · Founder | RenewEconomy (Thu 2 Feb 2023), ARENA, RenewEconomy (Wed 24 Jun 2020) |
| James Luffman | Founder | RenewEconomy (Thu 2 Feb 2023), RenewEconomy (Wed 24 Jun 2020) |
Stories naming Solcast. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Norwegian energy assurance firm DNV has acquired Sydney solar forecasting company Solcast, founded in 2016 by James Luffman and Nick Engerer, to expand its global data analytics offering.
ARENA grants Solcast $994,685 for a South Australian renewable generation nowcasting demonstration, with AEMO, Weatherzone, TESLA Asia Pacific and SA Power Networks involved in testing and sharing the forecasts.
Also RenewEconomy