Allegro Energy raised AUD $17.5 million in a Series A funding round led by The Grantham Foundation to accelerate its manufacturing capacity for water-based energy storage technology.
Amount Raised
$17.5 Million
Round Type
Series A
NewcastleEnergyRenewable EnergyEnergy StorageInvestors
Description
Allegro Energy has completed its Series A funding round, raising AUD $17.5 million. The round was led by The Grantham Foundation, with participation from notable investors including Lightbank, Origin Energy, Melt Ventures, and Impact Ventures.
Quick answer
Allegro Energy raised $17.5 Million in a Series A round, dated September 9, 2024. Investors: Impact Ventures, Melt Ventures, Origin Energy, Lightbank and The Grantham Foundation. Allegro Energy is based in Newcastle, New South Wales, Australia.
- How much did Allegro Energy raise?
- Allegro Energy raised $17.5 Million in a Series A round on September 9, 2024.
- Who invested in Allegro Energy?
- Impact Ventures, Melt Ventures, Origin Energy, Lightbank and The Grantham Foundation are named as investors in this round.
- What does Allegro Energy do?
- Allegro Energy is an Australian company specializing in water-based energy storage technology.
- Where is Allegro Energy based and how big is it?
- Allegro Energy is based in Newcastle, New South Wales, Australia. Fundz records about 10 employees.
- Who are the decision-makers at Allegro Energy?
- Fundz holds 1 contact at Allegro Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Allegro Energy that raised within 45 days of this round, from Fundz verified event records.
- iRasus Technologies raised $476K (Seed) on October 9, 2024.
- UrjaMobility raised $12M (Pre-Series A) on October 9, 2024.
- Clean Electric raised $5.8M (Series A) on September 10, 2024.
- Gaussion raised $12M (Series A) on August 12, 2024.
- Wallbox raised $45M (Corporate Round) on July 31, 2024.
- Greenely raised $8.7M (Series A) on July 26, 2024.
Who to call at Allegro Energy, and when
A new round usually means Allegro Energy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Allegro Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Allegro Energy, from your own LinkedIn network
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Funding Insights
What this usually meansAllegro Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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