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SunCable logo — We're reinventing solar energy for the future.

SunCable

We're reinventing solar energy for the future.

Founded 2018 Australia Australia 80 employees Series Unknown Energy, Renewable Energy

General Information

Company Name SunCable
Founded Year 2018
Location Australia Australia +5
Employees 80
Industries Energy, Renewable Energy
Funding Stage Series Unknown
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About SunCable

SunCable is a renewable energy startup founded in 2018 with the slogan "We're reinventing solar energy for the future." The company is focused on developing the world's largest solar energy infrastructure network, aimed at powering entire cities with renewable energy. Its flagship project, the AAPowerLink (Australia-Asia Power Link), is set to harness and store solar energy from the Northern Territory of Australia, one of the most reliably sunny places on earth, for 24/7 transmission to Darwin and Singapore through a high voltage direct current (HVDC) transmission system. SunCable's ambitious project has the potential to create thousands of jobs, fostering opportunities for local businesses and suppliers, in addition to promoting innovation and investment in Australia, Singapore, and Indonesia. Operating internationally, the company's employees are situated in Brisbane, Canberra, Darwin, Jakarta, Singapore, and Sydney. In its latest funding round, SunCable secured a significant $210.00M Series B investment as of 14 March 2022, with participation from Grok Ventures and Squadron Energy. This substantial investment underscores the increasing investor confidence in SunCable's ambitious endeavors and its potential to revolutionize the renewable energy landscape.

Taxonomy: solar energy, renewable energy infrastructure, HVDC transmission system, AAPowerLink project, renewable power, solar power, energy innovation, job creation, international company, Australia-Asia Power Link, renewable electricity, energy storage, clean energy, sustainable development, international investment

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
01 Jan 2019

SunCable Alternatives & Competitors

SunCable vs
LYS Energy
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SunCable vs
RAI Energy
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SunCable vs
Nexa Solar Australia
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Also compare with: SunCable vs Terrenus Energy Terrenus Energy

FAQ About SunCable

We're reinventing solar energy for the future.
SunCable was founded in 2018.
SunCable is headquartered in Australia.
SunCable operates in the following industries: Energy, Renewable Energy.
SunCable has approximately 80 employees.
SunCable has completed 1 funding round. The latest funding stage is Series Unknown.
Top alternatives and competitors to SunCable include LYS Energy, RAI Energy, Nexa Solar Australia, Terrenus Energy, SolarBright Australia. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SunCable and LYS Energy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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