FundedIQ
Energy

Vast: Funding, Investors & Team (Sep 2026)

Vast is a renewable energy company that specializes in creating CSP systems that can produce carbon-free electricity and industrial heat on a large scale. They also help facilitate the production of eco-friendly fuels.

www.vast.energy LinkedIn Darlinghurst, Australia 51-100 employees
Power Grid Renewable Energy B2B
Total raised
$135M
Rounds
3
Latest
Undisclosed round
Aug 2025

Vast has raised $135M across 3 funding rounds on record, the most recent an undisclosed round of $2.3M announced in Aug 2025.

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

Vast Company Profile and Key Stats

Total funding raised
$135M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$2.3M in Aug 2025
Employees
51-100
reported band
Headquarters
Darlinghurst, Australia

Latest funding round on record: Aug 2025.

Vast Funding Rounds

Date
Round
Amount
Undisclosed round
$2.3M
Undisclosed round
$113M
Undisclosed round
$19.5M

Vast raised $19.5M in an undisclosed round announced in Nov 2024.

4 months later, an undisclosed round of $113M was announced in Mar 2025.

5 months later, an undisclosed round of $2.3M was announced in Aug 2025.

Vast Founders and Leadership Team

Name
Role
Contact
Renen Hallak
Founder
Locked
Simon Song
Founder

Contact details for the Vast team: 1 of 2 have an email address on file.

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Vast Funding Compared to Other Energy Startups

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

Vast's latest round of $2.3M is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Vast Funding FAQs

What does Vast do?

Vast is a renewable energy company that specializes in creating CSP systems that can produce carbon-free electricity and industrial heat on a large scale. They also help facilitate the production of eco-friendly fuels.

How much funding has Vast raised?

Vast has raised $135M across 3 rounds on record. The most recent is an undisclosed round of $2.3M announced in Aug 2025.

When did Vast last raise funding?

Vast's most recent funding round on record is an undisclosed round of $2.3M, announced in Aug 2025.

Who founded Vast?

FundedIQ lists Renen Hallak (Founder), Simon Song (Founder) at Vast.

Where is Vast headquartered?

Vast is based in Darlinghurst, New South Wales, Australia.

How many employees does Vast have?

Vast is in the 51-100 employee band.

How does Vast's funding compare to other Energy startups?

Vast's latest round of $2.3M is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Vast 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 Vast is left off this page rather than filled in.

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