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Startups

Three Aussie startups that raised $20.5 million this week

Three Australian startups raised more than $20 million this week, which was led by Gridcog’s $13.5 million Series A round.
Tegan Jones
Simon Thomsen
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L-R: Fabian Le Gay Brereton, CEO and co-founder; Pete Tickler, chief product officer and co-founder; Matt Ryan chief technology officer, and Genna Boyle, chief commercial officer. Image: Gridcog

It was a little quieter on the funding front this week. But we still had three Australian startups raise over $19 million, led by Gridcog’s $13.5 million Series A round.

Keep reading to learn more about Gridcog, LendUS and Wildfire Energy.

Gridcog: $13.5 million

startup funding raise
L-R: Fabian Le Gay Brereton, CEO and co-founder; Pete Tickler, chief product officer and co-founder; Matt Ryan chief technology officer, and Genna Boyle, chief commercial officer. Image: Gridcog

Energy modelling startup Gridcog has raised $13.5 million in an oversubscribed Series A round to expand its platform and international team.

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About the authors

Tegan Jones

Tegan Jones

Deputy editor

A multi-award-winning journalist, Tegan has been reporting on technology, telecommunications and gaming for the past 10 years. She regularly appears on mainstream media channels as an expert tech commentator. Her previous roles include editor of Gizmodo Australia and global reviews editor at Finder. She has also served as a reporter and editor across Business Insider, Lifehacker and Kotaku Australia. Tegan is also the co-host of one of the top technology podcasts in Australia, Weird Tech. You can find her on Twitter @Tegan_Writes.

Simon Thomsen

Simon has been editor of Startup Daily since 2019. He hosted the Startup Daily show on streaming service ausbiz.com.au from 2020 to 2023, and now, the weekly podcast Startup 360. He was previously associate editor of Business Insider Australia, a national restaurant critic, editor of The Good Food Guide, and newspaper proprietor during a 30-plus-years career in journalism and publishing. He’s also an investor in early stage startups.

Similar topics

Australian startup funding
Australian startups
gridcog
venture capital

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