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Orkestra secured $2.77 million in grant funding from ARENA to accelerate electric vehicle charger deployment.

PRIVATENov 06, 2024

Amount Raised

$2.77 Million

Round Type

Seed

MelbourneEnergyRenewable EnergySolar

Investors

EnergyAustraliaCbreRaaRacvAglArena

Description

The Australian Renewable Energy Agency (ARENA) has granted Orkestra $2.77 million to fast-track a project for commercial electric vehicle chargers. The funding is part of ARENA’s Driving the Nation program and aims to reduce the reliance on government subsidies for EV infrastructure.

Quick answer

Orkestra raised $2.77 Million in a Seed round, dated November 6, 2024. Investors: EnergyAustralia, Cbre, Raa, Racv, Agl and Arena. Orkestra is based in Melbourne, Victoria, Australia.

How much did Orkestra raise?
Orkestra raised $2.77 Million in a Seed round on November 6, 2024.
Who invested in Orkestra?
EnergyAustralia, Cbre, Raa, Racv, Agl and Arena are named as investors in this round.
What does Orkestra do?
Orkestra is a Melbourne-based software startup that specializes in renewable energy project feasibility analysis and asset management.
Where is Orkestra based and how big is it?
Orkestra is based in Melbourne, Victoria, Australia. Fundz records about 22 employees.
Who are the decision-makers at Orkestra?
Fundz holds 3 contacts at Orkestra. 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 Orkestra that raised within 45 days of this round, from Fundz verified event records.

  • 1KOMMA5° raised $155M on December 20, 2024.
  • Capstone Companies raised $495K (Seed) on December 18, 2024.
  • Fervo Energy raised $135M on December 13, 2024.
  • Stardust Solar Energy raised $605K (Seed) on December 3, 2024.
  • Volter raised $3.2M (Pre-Seed) on November 28, 2024.
  • Solteo raised $1.6M (Seed) on November 21, 2024.

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Company Information

Company

Orkestra

Location

Melbourne, Victoria, Australia

About

Orkestra is a Melbourne-based software startup that specializes in renewable energy project feasibility analysis and asset management. Launched in 2020, the platform aims to simplify the modeling and presentation of investment opportunities for new energy projects, particularly in the solar and battery sectors. The company is now focusing on the electric vehicle charging market, supported by significant funding to accelerate the rollout of commercial EV chargers. Orkestra's technology is designed to enhance the financial understanding of EV chargers, contributing to the decarbonization of transport.

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Orkestra 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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