# IND Technology funding: rounds and investors

> IND Technology has raised $83M across 2 rounds since 2025. Investors include Energy Impact Partners, Angeleno Group and Virescent Ventures.

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

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

# Who invested in *IND Technology*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech Cybersecurity Energy IoT

Raised 11 months ago

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Funding summary Updated 5 Nov 2026

**$83M** raised across 2 rounds since 2025, from 4 sources

**$33M** Series A **$50M** Seed

- **Latest round:** Seed, $50M Dec 2025
- **Led by:** Energy Impact Partners and Angeleno Group
- **Step-up i:** 1.5×
- **Investors:** 4 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$33M** Series A

**$50M** Seed

- **First round:** Series A, $33M
- **Biggest round:** $50M

## The rounds

- **Dec 2025** Seed **$50M** *3 new* *1 returning* [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) Lead [Angeleno Group](https://millionrounds.com/fund/angeleno-group) Lead [Virescent Ventures](https://millionrounds.com/fund/virescent-ventures) [Edison International](https://millionrounds.com/fund/edison-international) Reported by Startup Daily and 2 others
- **Dec 2025** Series A **$33M** *1 new* [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) Source recorded

## Founders and team

From IND Technology's own website: 2 founders, 2 on the team.

**Prof. Alan Wong** CEO & Founder

**Kokwai Leu** CFO & Co-Founder

- **Andrew Walsh** COO
- **Prof. Tony Marxsen** Chairman

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2025 **Seed** 2025 [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) L [Angeleno Group](https://millionrounds.com/fund/angeleno-group) L [Virescent Ventures](https://millionrounds.com/fund/virescent-ventures) [Edison International](https://millionrounds.com/fund/edison-international)

## Everyone who backed them

[Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) VC firm **2** rounds, led 1

[Angeleno Group](https://millionrounds.com/fund/angeleno-group) VC firm **1** round, led 1

[Virescent Ventures](https://millionrounds.com/fund/virescent-ventures) VC firm **1** round

[Edison International](https://millionrounds.com/fund/edison-international) Corporate VC **1** round

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

## Also claim to have backed them

This firm lists IND Technology as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[EnergyLab](https://millionrounds.com/fund/energylab) Accelerator Per its own site

## Quick answers about IND Technology

### Who invested in IND Technology?

IND Technology's investors include Energy Impact Partners, Angeleno Group, Virescent Ventures and Edison International. Energy Impact Partners led its latest round.

### How much has IND Technology raised?

IND Technology has raised $83M across 2 rounds since 2025.

### When did IND Technology last raise?

IND Technology's most recent round was a Seed of $50M in Dec 2025, led by Energy Impact Partners.

### What was IND Technology's biggest round?

Its most recent round, $50M in Dec 2025, is also its largest on record.

### Who backed IND Technology first?

IND Technology's first round on record, in Dec 2025, was backed by Energy Impact Partners.

### What stage is IND Technology at?

IND Technology's latest named round is a Seed, in Dec 2025.

### Where is IND Technology based?

IND Technology is based in Australia.

### Who led IND Technology's rounds?

Energy Impact Partners led the Seed in 2025.

## Companies like IND Technology

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

[**Okra Solar** $15M · Nov 2026](https://millionrounds.com/company/okra-solar)[**Akaysha Energy** $1.5B · Oct 2026](https://millionrounds.com/company/akaysha-energy)[**DryFlow Magnetics** $44M · Oct 2026](https://millionrounds.com/company/dryflow-magnetics)[**Hysata** $146M · Sept 2026](https://millionrounds.com/company/hysata)[**Amber** $148M · Sept 2026](https://millionrounds.com/company/amber)[**Amber Electric** $56M · Sept 2026](https://millionrounds.com/company/amber-electric)

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