FundedIQ
Energy

ACEN Australia: Funding, Investors & Team (Oct 2026)

ACEN Australia is the branch of ACEN that oversees its renewable energy projects, including solar, wind, battery, and pumped hydro projects in various states. The initial project, New England Solar, is projected to be up and running by the close of 2023. By utilizing cutting-edge technology, the company strives to offer affordable, environmentally friendly electricity while upholding social and environmental values.

acenrenewables.com.au LinkedIn Hobart, Australia 51-100 employees
Energy Renewable Energy Solar Wind Energy B2B
Total raised
$474M
Rounds
1
Latest
Undisclosed round
Apr 2025

ACEN Australia has raised $474M across 1 funding round on record, the most recent an undisclosed round of $474M announced in Apr 2025.

That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

ACEN Australia Company Profile and Key Stats

Total funding raised
$474M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$474M in Apr 2025
Employees
51-100
reported band
Headquarters
Hobart, Australia

Latest funding round on record: Apr 2025.

ACEN Australia Funding Rounds

Date
Round
Amount
Undisclosed round
$474M

ACEN Australia Founders and Leadership Team

Name
Role
Contact
David Pollington
Founder
Locked

Contact details for the ACEN Australia team: 1 of 1 has an email address on file.

Start 14-day free trial →

ACEN Australia Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
1,170
$4.1M

ACEN Australia's latest round of $474M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like ACEN Australia in Energy and Hobart

Companies Similar to ACEN Australia

Amber is building an electricity future that actually works for customers. Amber uses real-time wholesale…

Series E $55.9M

Gridcog specializes in software designed for energy transition planning, monitoring, and optimization. Their…

Series A $9.4M

Comet Ridge engages in exploration and appraisal activities related to coal seam gas (CSG) in order to…

Undisclosed round $45.0M

ClearVue PV have developed energy efficient, energy generating clear glass windows.

Undisclosed round $4.3M

Provaris Energy is a clean energy infrastructure company that designs and builds compressed hydrogen ships…

Undisclosed round $700k

Bute Energy develops sustainable energy initiatives that result in a wealthier, healthier Wales.

Undisclosed round $211M

PLUS Grid Storage is a separate unregulated entity within the Ausgrid Group. It operates independently from…

Undisclosed round $70.7M

Padthaway Resources specializes in the logistics, supply, and distribution of onsite and bulk diesel,…

Undisclosed round $4.5M

Oscorp Energy is an energy technology platform that provides autonomous battery sorting, recycling systems,…

Pre-Seed $930k

Cable Energy provides structurally cheaper power for Australian SMEs.

Pre-Seed $2.9M

Knode is accelerating the energy revolution by offering storage solutions for renewable energy and industrial…

Undisclosed round $2.1M

Peninsula Energy is an advanced uranium developer that is converting its flagship Lance Project into a…

Undisclosed round $29.7M

ACEN Australia Funding FAQs

What does ACEN Australia do?

ACEN Australia is the branch of ACEN that oversees its renewable energy projects, including solar, wind, battery, and pumped hydro projects in various states. The initial project, New England Solar, is projected to be up and running by the close of 2023. By utilizing cutting-edge technology, the company strives to offer affordable, environmentally friendly electricity while upholding social and environmental values.

How much funding has ACEN Australia raised?

ACEN Australia has raised $474M across 1 round on record. The most recent is an undisclosed round of $474M announced in Apr 2025.

When did ACEN Australia last raise funding?

ACEN Australia's most recent funding round on record is an undisclosed round of $474M, announced in Apr 2025.

Who founded ACEN Australia?

FundedIQ lists David Pollington (Founder) at ACEN Australia.

Where is ACEN Australia headquartered?

ACEN Australia is based in Hobart, Tasmania, Australia.

How many employees does ACEN Australia have?

ACEN Australia is in the 51-100 employee band.

How does ACEN Australia's funding compare to other Energy startups?

ACEN Australia's latest round of $474M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's ACEN Australia Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for ACEN Australia is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Startup funding intelligence on every funded startup: the round, the investors and the founders, as a file in your inbox or searchable in the app.

Radar from $49/mo · Pro from $149/mo. Card required, nothing charged until day 15, and we email you 3 days before that. Need something specific? Custom plans from $499/mo.