# Cavendish Renewable Technology funding: rounds and investors

> Cavendish Renewable Technology has raised $1.1M across 1 round since 2024. Investors include Newchip Accelerator and Australian Renewable Energy Agency (ARENA).

Source: https://millionrounds.com/company/cavendish-renewable-technology (Millionrounds; every figure on the page links to its filing or article)

Australia · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Cavendish Renewable Technology*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Manufacturing

Funding summary Updated 26 Oct 2026

**$1.1M** raised across 1 round since 2024, from 1 source

- **Latest round:** Grant, $1.1M Mar 2024
- **Investors:** 2

See who backed them

## The rounds

- **Mar 2024** Grant **$1.1M** [Newchip Accelerator](https://millionrounds.com/fund/newchip-accelerator) [Australian Renewable Energy Agency (ARENA)](https://millionrounds.com/fund/australian-renewable-energy-agency-arena) Source recorded

## Founders and team

From Cavendish Renewable Technology's own website: 1 founder, 5 on the team.

**Dr. Ani Kulkarni** CEO, Founder

- **Daniel Fini** Director of Engineering
- **Dr. Uday Turaga** Non-Executive Director - Board Member
- **Nachiket Bhide** Research Engineer
- **Prof. Scott Barnett** Non-Executive Director - Board Member
- **Yi Xie** Chemical Engineer

Advisers *Steven Hadjifotis* *Harshad Kale* *Mandar R Bidawe*

## Everyone who backed them

[Newchip Accelerator](https://millionrounds.com/fund/newchip-accelerator) Accelerator **1** round

[Australian Renewable Energy Agency (ARENA)](https://millionrounds.com/fund/australian-renewable-energy-agency-arena) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cavendish-renewable-technology).

## Quick answers about Cavendish Renewable Technology

### Who invested in Cavendish Renewable Technology?

Cavendish Renewable Technology's investors include Newchip Accelerator and Australian Renewable Energy Agency (ARENA).

### How much has Cavendish Renewable Technology raised?

Cavendish Renewable Technology has raised $1.1M across 1 round since 2024.

### When did Cavendish Renewable Technology last raise?

Cavendish Renewable Technology's most recent round was a Grant of $1.1M in Mar 2024.

### What was Cavendish Renewable Technology's biggest round?

Its most recent round, $1.1M in Mar 2024, is also its largest on record.

### Who backed Cavendish Renewable Technology first?

Cavendish Renewable Technology's first round on record, in Mar 2024, was backed by Newchip Accelerator and Australian Renewable Energy Agency (ARENA).

### What stage is Cavendish Renewable Technology at?

Cavendish Renewable Technology's latest named round is a Grant, in Mar 2024.

### Where is Cavendish Renewable Technology based?

Cavendish Renewable Technology is based in Australia.

## Companies like Cavendish Renewable Technology

In the same sector, and raised in the last eighteen months.

[**Locit** $1.3M · May 2026](https://millionrounds.com/company/locit)[**PlasmaLeap Technologies** $41M · Apr 2026](https://millionrounds.com/company/plasmaleap-technologies)[**Syenta** $32M · Apr 2026](https://millionrounds.com/company/syenta)[**MGA Thermal** $12M · Mar 2026](https://millionrounds.com/company/mga-thermal)[**Hachiko** $2.5M · Dec 2025](https://millionrounds.com/company/hachiko)[**Hullbot** $16M · Nov 2025](https://millionrounds.com/company/hullbot)

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