FundedIQ
Energy

Comet Ridge: Funding, Investors & Team (Sep 2026)

Comet Ridge engages in exploration and appraisal activities related to coal seam gas (CSG) in order to develop gas resources into proven and probable reserves. They emphasize the importance of integrity and personal responsibility throughout their organization.

www.cometridge.com.au LinkedIn Brisbane, Australia 11-50 employees
Energy Oil and Gas B2C
Total raised
$48.3M
Rounds
2
Latest
Undisclosed round
Jun 2026

Comet Ridge has raised $48.3M across 2 funding rounds on record, the most recent an undisclosed round of $45.0M announced in Jun 2026.

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

Comet Ridge Company Profile and Key Stats

Total funding raised
$48.3M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$45.0M in Jun 2026
Employees
11-50
reported band
Headquarters
Brisbane, Australia

Latest funding round on record: Jun 2026.

Comet Ridge Funding Rounds

Date
Round
Amount
Undisclosed round
$45.0M
Undisclosed round
$3.3M

Comet Ridge raised $3.3M in an undisclosed round announced in May 2024.

2.1 years later, an undisclosed round of $45.0M was announced in Jun 2026.

Comet Ridge Founders and Leadership Team

Name
Role
Contact
Andy Lydyard
Founder
Robin Polson
Founder

No contact details are on record for this team yet.

Comet Ridge Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
1,156
$4.0M

Comet Ridge's latest round of $45.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Comet Ridge Funding FAQs

What does Comet Ridge do?

Comet Ridge engages in exploration and appraisal activities related to coal seam gas (CSG) in order to develop gas resources into proven and probable reserves. They emphasize the importance of integrity and personal responsibility throughout their organization.

How much funding has Comet Ridge raised?

Comet Ridge has raised $48.3M across 2 rounds on record. The most recent is an undisclosed round of $45.0M announced in Jun 2026.

When did Comet Ridge last raise funding?

Comet Ridge's most recent funding round on record is an undisclosed round of $45.0M, announced in Jun 2026.

Who founded Comet Ridge?

FundedIQ lists Andy Lydyard (Founder), Robin Polson (Founder) at Comet Ridge.

Where is Comet Ridge headquartered?

Comet Ridge is based in Brisbane, Queensland, Australia.

How many employees does Comet Ridge have?

Comet Ridge is in the 11-50 employee band.

How does Comet Ridge's funding compare to other Energy startups?

Comet Ridge's latest round of $45.0M 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 Comet Ridge 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 Comet Ridge is left off this page rather than filled in.

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