Startup · $2.2m raised · Energy
Rockhampton, QLD
Every published round Stanwell took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Hysata | Grant | 9 Apr 2024 | $3m | Participant | RenewEconomy (Fri 10 May 2024), dailycompanynews.com, hysata.com, @AuManufacturing, RenewEconomy (Tue 9 Apr 2024), ARENA, Virescent Ventures portfolio | |
| Hysata | Grant | 14 Aug 2023 | $20m | Participant | RenewEconomy, SmartCompany (Thu 9 May 2024), Startup Daily (Thu 7 Sep 2023), SmartCompany (Fri 18 Aug 2023), Startup Daily (Thu 17 Aug 2023), @AuManufacturing, ARENA |
Companies Stanwell has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Hysata | 14 Aug 2023, Grant | 2 | 0 |
Fund closes reported for Stanwell, as distinct from the investments it has made.
Companies Stanwell has backed that another company then bought. An exit for the holding, not a deal Stanwell did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Stanwell is recorded as having been acquired. | ||||
Companies Stanwell acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Every investor coverage indicates participated in a round Stanwell raised.
| Investor | Rounds | Invested |
|---|---|---|
| ARENA | Grant | $2,170,000 |
| Australian Renewable Energy Agency (ARENA) | Grant | $2,170,000 |
Stories naming Stanwell. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Competition regulator approval lets Swiss trading giant Gunvor proceed with buying Zen Energy's retail arm and power purchase agreements; terms undisclosed. Article weighs whether the newcomer will challenge Australia's dominant gen-tailers.
The competition regulator has cleared Swiss trader Gunvor to buy Zen Energy's retail arm and linked PPAs; terms undisclosed. The article asks whether the deep-pocketed newcomer will challenge Australia's big three gen-tailers.
Australia's renewable energy agency has awarded Orica hundreds of millions for a Hunter Valley hydrogen and ammonia plant, and is consulting on a further two-billion-dollar round for green hydrogen projects.
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.
Weekly roundup of eight Australian startups together securing $149 million: One Model, SafetyCulture, Hysata, Pendula, Marqo, Medigrowth, Curiious and Zena Sport, spanning HR analytics, safety tech, hydrogen, AI, medicinal cannabis, VR and sportstech.
Also Startup Daily·thebusinesstimes.com.au·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Forbes Australia
ARENA announces a $20.9 million grant to Wollongong hydrogen electrolyser startup Hysata for a commercial-scale demonstration, with Stanwell contributing $3 million and a site; earlier HyGATE funding is recalled.
Also @AuManufacturing·Startup Daily·SmartCompany·Startup Daily·SmartCompany·RenewEconomy·@AuManufacturing·hysata.com·RenewEconomy·RenewEconomy·dailycompanynews.com
Queensland's CQ-H2 hydrogen hub advances with $117 million in new funding from ARENA, the state government and consortium partners, while Singapore's Keppel joins the consortium to pursue a Gladstone ammonia facility with Incitec Pivot.
ARENA has granted Stanwell up to $2.17 million toward a feasibility study, run with Iwatani and Japanese partners, into shipping renewable hydrogen from Gladstone to Japan; an earlier electrolyser grant is also recalled.
Also @AuManufacturing
ARENA grants $1.5 million toward a $3 million feasibility study led by Port of Newcastle and Green Investment Group into a 40 MW renewable hydrogen hub, with several project partners, and recalls earlier funding for Stanwell.
Also @AuManufacturing
ARENA has awarded a $1.25 million grant to Stanwell Power Corporation for a feasibility study into a renewable hydrogen demonstration plant beside its Rockhampton-area power station.