return to blog

Ten Aussie startups have been selected to join EnergyLab’s 2024 Climate Solutions Accelerator after a highly competitive selection process. The program will unlock support to deploy their innovative technologies at scale.



In its 11th cohort, a committee of EnergyLab angel investors selected ten startups tackling a range of emission sources to participate in the program. From industrial heat to passive cooling solutions and energy storage to electric aviation, the cohort is poised to majorly contribute to decarbonisation in the coming years.

EnergyLab has raised a fund for the fourth consecutive year with a group of angel investors to support the program’s next generation of leading climate tech innovators. More than 60 investors have invested into EnergyLab’s startups via fund partner, Impact Ventures, which now has over 60 climate tech portfolio companies including Amber Electric, Farmbot, Renewable Metals and Orkestra. A key strength of the fund is the incredible portfolio diversification it offers, which is hard to achieve when angel investing. By backing startups early in their journey, angel investors are granted access to oversubscribed Seed and Series A rounds of the highest growth companies in follow-on investment rounds.

Recently appointed ARENA board member and EnergyLab Accelerator fund investor, Dean Travers, said of the fund “it offers the unique opportunity to invest in a handful of the most promising up and coming climate tech startups each year. Beyond being a source of funds, angel investors can add value by sharing their network, providing advice based on domain expertise or simply by being a sounding board having been around the block a few times.”

The Accelerator fund has seen significant follow-on investment into startups from the past three Accelerator program cohorts; notably Infravision’s $36m Series A and Allegro Energy’s recent Series A.



The ten companies selected for EnergyLab’s 2024 Climate Solutions Accelerator have joined the program to accelerate the deployment of their climate solutions in Australia and beyond.

EnergyLab runs a rigorous selection process reviewing hundreds of startups. The selection process culminates in an investor committee, each bringing with them decades of experience across a variety of industries, making the final decision on the ten startups selected for EnergyLab’s Climate Solutions Accelerator and investment from Impact Ventures.

EnergyLab’s CEO Megan Fisher said EnergyLab’s Climate Solutions Accelerator provides critical support for startups to grow and scale their businesses.

“At a time when early-stage funding is becoming increasingly more difficult to access, our Accelerator helps founders to increase their traction by learning valuable lessons with other founders going through similar challenges, being introduced to experts with deep industry knowledge and by opening doors to new investors and industry connections.”



The ten startups selected for the 2024 program:

Brownee empowers SMEs to thrive in a sustainable economy. They increase revenue, reduce cost, address risks and become more sustainable, too. Their gamified tool makes that simple, accessible and rewarding. The ecosystem approach makes it scalable and successful.

“We are thrilled to take our relationship with EnergyLab to the next level. We have just graduated from their Charge program. We hence know from experience how capable and engaged the team is and how well connected. The accelerator will be super helpful for partnerships and when we go for our seed raise soon!” - Renate Crollini, Co-Founder, Brownee.

CLT Toolbox is building structural design software for structural engineers looking to design sustainably. The software aspires to make mass timber, easier to design with than concrete or steel by eliminating the bottlenecks and barriers to adoption.

“EnergyLab has an impressive list of mentors and a pretty perfect curriculum for startups at this stage ready to scale. I look forward to working with their network and also the cohort this year to grow together and make a positive impact in our respective industries.” - Adam Jones, CEO, CLT Toolbox.

Dewpoint Innovations is working to combat climate change through the development of novel coatings which allow for passive cooling and atmospheric water collection.

“Our team looks forward to engaging with EnergyLab’s network of climate-conscious innovators, investors and policy makers to move passive technologies to the forefront of the building and infrastructure sectors.” - Chiara Neto, Co-founder, Dewpoint Innovations.

Enaxiom's patented technology harnesses low-grade waste heat to decarbonize wastewater treatment, replacing emission-intensive cooling systems in green hydrogen production, manufacturing, data centre cooling, and mineral extraction.

“We are excited to have been accepted into EnergyLab's Accelerator program. As a startup with high-growth ambitions and big-impact goals, we see the ability to tap into EnergyLab's incredible extended network and connection as a key step to supporting our strategy and goals.” - Tia Collings, Co-Founder, Enaxiom.

GridStore Energy's SolarBoost is the world’s only distributed, behind the meter battery that optimises the power output of solar panels providing up to 15% more power and 30% more profit.

“EnergyLab’s Accelerator program offers a great foundation for bridging the gap between startup and scale up. Their network of mentors, industry partners and investors make this accelerator one of the most valuable for driving a startup’s development and shareholder value and we can’t wait to start the journey with them.” - Garth Paton, CEO, GridStore.

InfigoLabs electrifies high-temperature heat production, abating gigatons of CO2. Unlike the centuries-old, air-polluting industrial-scale fossil fuel combustion, InfigoLabs' Hydrox Combustion Technology® drastically slows down the explosive reaction between hydrogen and oxygen gases, producing very high temperature heat to decarbonise the hard-to-abate sectors.

“InfigoLabs is excited to join the EnergyLab Accelerator program! This is a key step in our scaleup journey, as we execute our technology readiness level maturation activities. We look forward to benefiting from EnergyLab's extensive network of mentors and targeted expertise to advance our mission of decarbonising industry by bringing our innovation to market.” - Prashant Parulekar, CEO, InfigoLabs.

OptiGrid increases revenue from batteries and flexible energy resources by optimising their operations. Two products help utility-scale battery operators, energy retailers and virtual power plants to maximise the potential of their energy assets; OptiForecaster delivers accurate forecasts of wholesale electricity prices, and OptiBidder intelligently manages asset operation and market bidding.

“OptiGrid spun out of the university just recently, and we are thrilled to join the 2024 Accelerator cohort! Energylab's program provides invaluable opportunities to expand our network in the energy industry, engage with experts, and optimise our strategies. This support will be crucial in commercialising our technology and successfully bringing it to market.” - Sahand Karimi, CEO, OptiGrid.

Planet Price helps large organisations reduce their footprint on the planet by quantifying the environmental impact of everything they purchase as a single monetary value.

“We are excited to be part of the Energy Lab 2024 Climate Solutions Accelerator as a vehicle to accelerate the development of our platform. The Energy Lab community offers unparalleled industry experience and we look forward to learning from the mentors and uncovering opportunities to further grow the business!” - Andy Hill, Founder, Planet Price.

Stralis Aircraft makes emission free hydrogen electric aircraft. Their cutting-edge fuel cell technology allows their planes to fly ten times further than battery electric alternatives whilst being fifty percent cheaper to operate than fossil fuelled powered aircraft. Their MVP is a 15-seat retrofit aircraft that emits only water, and is set to enter commercial service in 2027 with launch customer Skytrans.

“The original idea for Stralis was incubated at EnergyLab back in 2020, so we're excited to come full circle as we start to scale our business. This program will allow us to build valuable new connections within the Australian climate tech community to support future fundraising and international expansion activities." - Bob Criner, CEO, Stralis Aircraft.

X-Centric is developing a field-portable, proprietary technology that rapidly analyses soil samples providing a broad range of data including carbon information on-site and in real-time, informing soil management and facilitating emerging agricultural carbon markets.

“X-Centric is looking forward to growing alongside a cohort of change makers that are working towards making the world more sustainable. Our technology is paramount in tackling the multifaceted challenges posed by climate change while safeguarding food security. With the support of EnergyLab we look forward to amplifying our impact and further deploying our solutions.” - Roozbeh Ravansari, CEO, X-Centric.



EnergyLab’s Climate Solutions Accelerator provides the best climate tech startups with all the support they need to reach their potential. Along with an initial investment, help comes in the form of coaching, industry partnerships and assistance in raising further capital to expedite their growth in Australia and overseas.

If you would like to connect with any of the startups from the Energylab Climate Solutions Accelerator, contact the program lead.

EnergyLab is taking expressions of interest for the 2025 Climate Solutions Accelerator - enter your contact details to be notified when applications open.


return to blog