Virescent Ventures

Virescent Ventures is a Melbourne-based venture capital investment firm established in 2022, specializing in cleantech innovation. The firm focuses on investing across a range of stages, from pre-seed to late-stage growth capital, and emphasizes deep tech, business model innovations, as well as software and hardware solutions. Through its investments, Virescent Ventures aims to support the development of sustainable technologies and promote advancements in the cleantech sector.

Ben Gust

Managing Partner

Kristin Vaughan

Managing Partner

Past deals in Electric Grid

Kwetta

Series A in 2025
Kwetta is a technology company specialising in electric vehicle (EV) charging infrastructure. It develops innovative grid charging systems that enhance power grid efficiency and capacity, supporting a wide range of EVs, from cars to heavy vehicles. By seamlessly integrating with existing infrastructure, Kwetta's technology enables EV owners and grid operators to optimise energy usage and accelerate the transition to electrified transportation.

Relectrify

Series B in 2024
Relectrify specializes in developing and supplying advanced battery control solutions aimed at enhancing the lifespan and reducing the costs of battery storage systems. The company's technology includes cell-level battery management and inverter solutions, which are utilized globally in various applications such as residential, industrial, and grid-scale energy storage. Their offerings are suitable for both second-life and new batteries, ensuring optimal performance and longevity.

Zen Ecosystems

Venture Round in 2024
Zen Ecosystems is a company that specializes in providing energy management solutions for both commercial buildings and residential homes. Founded in 2013 and headquartered in Newport Beach, California, Zen Ecosystems offers a cloud-based platform that integrates various systems, including HVAC and lighting, to optimize energy consumption across multiple sites. Their product range includes smart thermostats designed to enhance energy efficiency and reduce utility costs. By utilizing their advanced technology, Zen Ecosystems aims to promote smart energy practices, streamline HVAC management, and minimize the carbon footprint of users, thereby contributing to environmental sustainability.

GreenSync

Venture Round in 2024
GreenSync is a global energy-tech company that connects diverse energy resources to create dynamic grids. Its platform optimizes energy usage by identifying grid congestion points and incentivizing customers to improve reliability. GreenSync facilitates peer-to-peer trading, micro markets, and large-scale transactions, enabling businesses to buy, sell, and store energy efficiently.
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