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Kinetic secures A$660m in funding from Foresight Group and TPG Rise Climate to enhance its transit operations globally. The raise supports Kinetic's expansion and equity stake retention.
PRIVATESep 23, 2026•about 2 hours ago
Amount Raised
A$660 Million
Round Type
Venture - Series Unknown
Santa AnaManufacturingAutomotive
Investors
Tpg Rise ClimateForesight Group
Description
Foresight Group has successfully raised A$660m for its continuation vehicle for global mass transit operator Kinetic. The funding will help maintain Foresight's 30% equity stake, alongside co-investor TPG Rise Climate. Kinetic operates across multiple regions and is focused on sustainable transport solutions. This investment reflects strong institutional confidence and the need for infrastructure development.
Company Information
Company
Kinetic Automation
Location
Santa Ana, California, United States
About
Kinetic is ushering in the next generation of mobility (EVs, AVs) with a network of highly automated service centers. Our precision systems, powered by machine learning and software, are going to become a one-stop center for rapid, accurate, and predictable maintenance and servicing for EVs and AVs.
Fundz sees it the moment Kinetic Automation raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.