Grok Ventures

🌟 Exciting news from Grok portfolio company SunCable! The business has achieved a major milestone receiving Conditional Approval for the import of green electricity through the flagship AAPowerLink project. The AAPowerLink project is poised to play a crucial role in supporting Net Zero goals, creating jobs, and driving green industrial development in Australia and the region. A huge congratulations to the SunCable team! We’re excited to see the project advance to its next phase of development. 🌱⚡️

Today SunCable met a major regulatory milestone, receiving environmental approval from the Commonwealth Government under its Environment Protection and Biodiversity Conservation Act (EPBC). The SunCable project is the largest renewable energy project in Australia to ever receive an EPBC Act approval. Targeting delivery of up to 4GW of 24/7 electricity to green industrial customers in Darwin and 1.75GW to customers in Singapore via a 4,300km subsea cable, the project will create thousands of jobs and offer a host of opportunities for economic value creation in the region. We congratulate the team on this big achievement and look forward to seeing the project progress into its next phase. #solarpower #renewableenergy https://lnkd.in/ge3reDfj

We are super excited to see Grok Ventures and our very own Head of Venture, Lucinda Hankin included in Hack Summit's list of top Climate Deep Tech Investors. Thank you for the call out! It's great to be recognised amongst so many great climate investors. https://lnkd.in/gDuh8fDu

Did you know that roughly one-third of the world’s food production is wasted, generating 6-8% of global greenhouse gas emissions? Our portfolio company, GOTERRA, is at the forefront of efforts to address this. By combining advanced automation with nature-inspired methods, they are transforming food waste management through the innovative use of insects and robots. Congratulations to the team for their exciting new partnership and successful foray into the hotel industry! https://lnkd.in/gSGbZ3pv #foodwaste #climateinvesting

We're seeking a Finance Manager to join our dedicated team at Grok and play a pivotal role in our next phase of growth. If you are passionate about climate investing, you have experience in investment management and are a motivated self-starter, please take a look!

Huge milestone for SunCable today. Another step closer to delivering 24/7 green electrons to Darwin and Singapore. Well done team.

Huge milestone for SunCable today. Another step closer to delivering 24/7 green electrons to Darwin and Singapore. Well done team.

Great news from two of our portfolio companies - SunDrive and AGL - who are coming together to explore building solar panels in the Hunter Valley. “Our partnership with SunDrive has the potential to deliver significant benefits for Australia’s energy transition. If successful we will create new jobs and careers in the renewables industry as together, we build a new solar manufacturing industry and hub right here in the NSW Upper Hunter region.'' AGL managing director and CEO Damien Nicks https://lnkd.in/gp-2AGh5

Congratulations to our portfolio company Antora Energy for their amazing progress! Its great to see them recognised by BlackRock CEO and Chairman, Larry Fink, in his annual letter as one of the few companies they backed in 2023 who are contributing to the decarbonisation of industry. #decarbonisation https://lnkd.in/g7zD9ckm

Happy International Women's Day everyone! It was my pleasure and very energising to join the Honourable Lily D’Ambrosio MP and my accomplished fellow panellists Rachel Watson & Vicky Featherston, with Ruchika Deora last night in Melbourne at the @Women in Energy IWD event. At Grok Ventures we are invested in a range of women-led companies transforming Australia's energy and climate landscape and I'm thrilled to be part of it #IWD #womeninenergy #energyfuture