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SunCable

70 employees

SunCable is developing the world's largest solar energy infrastructure network, making it possible to power whole cities with renewable energy. Our flagship project is the AAPowerLink (Australia-Asia Power Link), which will harness and store solar energy from one of the most reliably sunny places on earth in the Northern Territory of Australia, for 24/7 transmission to Darwin and Singapore via a high voltage direct current (HVDC) transmission system. The AAPowerLink project has the potential to create thousands of jobs, creating opportunities for local businesses and suppliers, as well as innovation and investment in Australia, Singapore and Indonesia. SunCable is an international company with employees in Brisbane, Canberra, Darwin, Jakarta, Singapore and Sydney.

Investor insights

Funding rounds participated in

$151M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Utilities

Sectors

Utilities

Date founded

2018

Funding rounds raised

Total raised

$151M

from 2 investors over 1 rounds

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SunCable raised $151M on April 14, 2022

Investors: Grok Ventures and Squadron Energy

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