What is GreenSync?
GreenSync specializes in enabling renewable energy through digital solutions, focusing on flexible and decentralized energy systems. Their products and services cater to various clients, including electricity networks, retailers, aggregators, and energy market operators. The company aims to create value for customers while adapting to the evolving energy landscape and government incentives. GreenSync's vision is to empower the energy industry to thrive in a sustainable and participative manner, positioning itself as a key player in the energy transition.
How much funding has GreenSync raised?
GreenSync has raised a total of $22.1M across 3 funding rounds:
Grant
$554K
Series B
$11.5M
Series A
$10M
Grant (2016): $554K, investors not publicly disclosed
Series B (2017): $11.5M led by Clean Energy Finance Corporation and Southern Cross Venture Partners
Series A (2019): $10M, investors not publicly disclosed
Key Investors in GreenSync
Clean Energy Finance Corporation
The Clean Energy Finance Corporation (CEFC) is an Australian Government-owned Green Bank focused on facilitating increased finance flows into the clean energy sector. It invests $10 billion in clean energy projects to lower Australia's carbon emissions through renewable energy, energy efficiency, and low emissions technologies.
Southern Cross Venture Partners
Southern Cross Venture Partners backs entrepreneurs building successful companies with global potential, focusing on technology, energy, and resources at seed, early, and growth stages. They leverage their presence in Australia, Silicon Valley, and Asia to connect entrepreneurs and provide strategic guidance.
What's next for GreenSync?
With this major enterprise-level funding, GreenSync is poised for significant expansion and further development of its digital energy solutions. The strategic investment will likely fuel advancements in their technology, enabling greater integration of renewable sources into decentralized energy systems. This capital will support GreenSync's mission to enhance grid flexibility, optimize energy market operations, and empower a more sustainable and participative energy future for its clients and the broader industry.
See full GreenSync company page