# Australian Renewable Energy Agency (ARENA)'s Cleantech Investments: 20 Startups in Its Portfolio (2026)

> The 20 Cleantech startups Australian Renewable Energy Agency (ARENA) has backed, by stage: $2.5B raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/australian-renewable-energy-agency-arena-cleantech-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Stage not reported

17

- [Fortescue Future Industries](https://millionrounds.com/company/fortescue-future-industries)
- [Sunman Energy](https://millionrounds.com/company/sunman-energy)
- [*SE* Sunverge Energy](https://millionrounds.com/company/sunverge-energy)
- [Evie Networks](https://millionrounds.com/company/evie-networks)
- [NewVolt](https://millionrounds.com/company/newvolt)
- [Sundrive Solar](https://millionrounds.com/company/sundrive-solar)
- [MGA Thermal](https://millionrounds.com/company/mga-thermal)
- [*L3* Lab 360 Solar](https://millionrounds.com/company/lab-360-solar)
- [Knode](https://millionrounds.com/company/knode)
- [Orkestra](https://millionrounds.com/company/orkestra)
- [DC Power Co](https://millionrounds.com/company/dc-power-co)
- [EnergyLab](https://millionrounds.com/company/energylab)
- [Fulcrum3D](https://millionrounds.com/company/fulcrum3d)
- [Frontier Impact Group](https://millionrounds.com/company/frontier-impact-group)
- [UPowr](https://millionrounds.com/company/upowr)
- [Epho](https://millionrounds.com/company/epho)
- [Electric Highway Tasmania](https://millionrounds.com/company/electric-highway-tasmania)

## Series B

3

- [Hysata](https://millionrounds.com/company/hysata)
- [InterContinental Energy](https://millionrounds.com/company/intercontinental-energy)
- [5B Australia](https://millionrounds.com/company/5b-australia)

## Segment by segment

### Stage not reported

17 startups · $2.2B raised

- [**Fortescue Future Industries**](https://millionrounds.com/company/fortescue-future-industries) Fortescue Future Industries is a green energy and product company committed to producing zero-emission hydrogen from renewable sources. Australia $2.0B
- [**Sunman Energy**](https://millionrounds.com/company/sunman-energy) Sunman Energy is a solar technology company founded in 2014 by Dr. Australia $112M
- [*SE* **Sunverge Energy**](https://millionrounds.com/company/sunverge-energy) United States $39M
- [**Evie Networks**](https://millionrounds.com/company/evie-networks) Evie Networks is your reliable friend on the open road. Australia $33M
- [**NewVolt**](https://millionrounds.com/company/newvolt) Transport, Renewable Energy, Electric Trucks, Charging, Logistics, Freight Australia $17M
- [**Sundrive Solar**](https://millionrounds.com/company/sundrive-solar) Sundrive Solar is a solar technology start-up. Australia $17M
- [**MGA Thermal**](https://millionrounds.com/company/mga-thermal) MGA Thermal is an Australian clean energy company focused on large-scale, long-duration thermal energy storage solutions. Australia $12M
- [*L3* **Lab 360 Solar**](https://millionrounds.com/company/lab-360-solar) Lab 360 Solar was established. Australia $2.6M

### Series B

3 startups · $279M raised

- [**Hysata**](https://millionrounds.com/company/hysata) Hysata develops hydrogen electrolyzers aimed at advancing the global transition from fossil fuels to green hydrogen. Australia $146M
- [**InterContinental Energy**](https://millionrounds.com/company/intercontinental-energy) InterContinental Energy develops green hydrogen fuel projects. Singapore $116M
- [**5B Australia**](https://millionrounds.com/company/5b-australia) 5B is a solar technology manufacturer. Australia $17M

**How this map is made.** Every startup here works in Cleantech and has raised money in a round we track that names Australian Renewable Energy Agency (ARENA) as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

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