Startup · $30m raised
Brisbane, QLD
Every investor coverage indicates participated in a round Tritium raised.
The transaction that ended Tritium'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 |
|---|---|---|---|---|
| Exicom | Acquisition | 10 Aug 2024 | - | RenewEconomy, @AuManufacturing |
| - | IPO | 27 May 2021 | $1.6b | Startup Daily (Mon 8 Jul 2024), Startup Daily (Mon 13 May 2024), Startup Daily (Fri 19 Apr 2024), RenewEconomy (Fri 19 Apr 2024), RenewEconomy (Wed 22 Mar 2023), @AuManufacturing (Mon 31 Jan 2022), @AuManufacturing (Tue 18 Jan 2022), @AuManufacturing (Wed 15 Dec 2021), Startup Daily (Mon 31 May 2021), SmartCompany, @AuManufacturing (Thu 27 May 2021), TechCrunch Australia |
Companies Tritium acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Tritium. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
Brisbane EV charger maker Tritium is being taken over by India's Exicom through a Dutch subsidiary, handing the buyer a US factory plus an Australian engineering centre.
Also RenewEconomy
EVOS, a Brisbane EV charging startup, has secured $4 million from existing backers as the opening slice of a planned $10 million Series B; its three founders previously worked at failed charger maker Tritium.
Also SmartCompany
Brisbane battery maker Redback Technologies exits voluntary administration under new owner Australia Ebon, which injected an initial $500,000; earlier backers Energy Queensland, the Clean Energy Finance Corporation and Energy Australia are recalled.
Receivers of collapsed Australian EV charger maker Tritium say the business is stabilised and attracting buyer interest; creditor claims include CBA and shareholder Trevor St Baker.
EV charger maker Tritium has collapsed into administration: KPMG controls its Australian units and McGrathNicol will look for a buyer, after losses, a refused bailout and a failed fight to keep its Nasdaq listing.
EV charger maker Tritium DCFC has collapsed into administration, with KPMG appointees taking control of its Australian subsidiaries, after losses, a troubled US expansion, and a failed bid for Queensland government support.
Also Startup Daily·RenewEconomy·@AuManufacturing·RenewEconomy·Startup Daily·@AuManufacturing
Brisbane EV charging maker EVOS Energy receives Queensland government backing to take its chargers into India; the profile also recalls its $5 million Series A and traces its growth.
Also Startup Daily
AuManufacturing columnist Peter Roberts laments the cut-price sale of wheel maker Carbon Revolution to US backers and reports plans for Mexican production, citing Tritium's offshore shift as another local manufacturing loss.
Weekly roundup of the five most-read stories: Tritium shifting charger production to Tennessee, Carbon Revolution's NASDAQ listing, defence grants for manufacturers, a bushfire-resistant paint hitting shelves, and Cobram Estate Olives' 25-year growth.
Weekly roundup detailing nine Australian startup funding rounds totalling $107.35 million, spanning pet e-commerce, quantum sensors, proptech, agtech, EV charging, sailing apparel, marketing tools, consumer goods and pregnancy wearables.
Also Startup Daily·Australian FinTech·SmartCompany·AgFunderNews
Hydrogen storage startup Endua has raised $7.5 million from QIC, Melt Ventures and 77 Partners to scale its modular hydrogen power banks for microgrid and standalone power markets.
Also @AuManufacturing·@AuManufacturing·Techboard·@AuManufacturing
Trevor St Baker is launching a second investment fund seeking $200 million from outside backers, after his first vehicle backed Tritium, Novonix, Evie Networks and other energy and mobility companies.
Manufacturing roundup covering Hexagon's blue hydrogen plans, Tritium appointing a new COO, a Fortescue-Airbus green hydrogen alliance, and Calix gaining registration for its crop protection product.
Energy software firm Gridcognition closed a $2.25 million seed round; CEFC committed $625,000 through its innovation fund alongside Alberts Impact Ventures, Afterwork Ventures and angel investors, taking total funding near $4 million.
Also Virescent Ventures·gridcog.com·Startup News (WA)·Startup News (WA)·Startup News (WA)
Techboard's year-end roundup catalogues November funding activity: big raises for Rokt, Harrison.ai and Pet Circle, five acquisitions, Investible's second fund closing at $51.6m, plus a watchlist of companies still seeking capital.
Also Australian FinTech
Sydney pet-care platform Pet Circle has raised $125 million in a Series C round backed by Prysm Capital, TDM Growth Partners, Baillie Gifford and AirTree Ventures, reaching unicorn status.
Also SmartCompany
Investment group TrueGreen has secured $110m from Tor Investment Management to back EV bus maker Nexport's planned Moss Vale factory in NSW, with a possible early-2022 IPO flagged.
Weekly roundup reporting Butn's ASX listing, Cicada Innovations' renewed health-sector partnership, and fresh raises by Kāhu, FL0, Lyka, Sourse AI and Evos.
Brisbane EV charging startup EVOS, founded by three ex-Tritium staff, raised $1.7 million in seed funding from Autostrada and an unnamed ASX-listed firm to develop chargers and energy software and hire nine engineers.
Also SmartCompany·@AuManufacturing·Startup Daily·Startup Daily·SmartCompany·@AuManufacturing·@AuManufacturing·SmartCompany
Weekly funding roundup: UpGuard raises $25m, Tanggram $5m, Endua launches with $5m, Cubiko $1.7m, The Village Co $1.2m, Tribu $1.25m, SmartOysters and BatNav crowdfund, Chipper Cash closes US$100m, and Main Sequence's fund closed.
CSIRO and Ampol have launched Brisbane hydrogen storage startup Endua with $5 million in initial backing from Main Sequence and Ampol, commercialising CSIRO electrolysis technology for off-grid and remote power applications.
Also Square Peg Capital portfolio·Startup Daily·RenewEconomy·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily
Brisbane hydrogen storage startup Endua has raised AUD 5 million from Main Sequence, CSIRO and Ampol to commercialise electrolysis technology developed at CSIRO, with Ampol as industry partner.
Also @AuManufacturing·RenewEconomy·SmartCompany·@AuManufacturing·@AuManufacturing
Weekly roundup covering CBA's strategic stakes in Little Birdie and Amber, several Australian funding rounds, Zip's BNPL acquisitions, Tritium's planned NASDAQ listing, Amazon's MGM purchase and other global tech news.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Women's Agenda
Brisbane EV fast-charger maker Tritium is merging with US SPAC Decarbonization Plus Acquisition Corp II to list on NASDAQ at an A$1.55 billion valuation, anticipating up to US$403 million in gross proceeds.
Brisbane EV fast-charger maker Tritium will list on Nasdaq through a SPAC merger with Decarbonization Plus Acquisition Corp. II, valuing it at $1.2 billion, with expected gross proceeds of up to $403 million and no PIPE.
Also SmartCompany·@AuManufacturing·Startup Daily·Startup Daily·Startup Daily·Startup Daily·@AuManufacturing·@AuManufacturing·@AuManufacturing·RenewEconomy·RenewEconomy
Charger maker Tritium joins the US Army's Power Transfer Cohort, receiving a $100,000 contract to develop EV charging infrastructure for Army vehicles.
Brisbane EV charger maker Tritium has received a $45 million debt investment from Cigna's investment arm to refinance a government loan and fund US and European expansion.
Brisbane EV charging maker Tritium names ex-Boeing Phantom Works executive Jane Hunter as CEO, with founder David Finn moving to Chief Growth Officer.
The renewable energy agency grants $15 million to an EV charging startup for a 42-site highway network, and recalls $6 million previously committed to another charging network operator.
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 EV charger maker Tritium announces a fully underwritten $30 million capital raise backed by existing shareholders and founders, following recent international deals in the UK, US and India.
Also @AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing
Charger maker Tritium has opened a Brisbane research facility and an Amsterdam innovation centre, expanding engineering capacity as demand for its fast-charging products grows through its European partnership.