Funding Alert

Wavemaker Impact Joins $3.3 Million Funding Round for Australian Energy Tech Firm MetroElectro

• ByStartupStory     |    November 18, 2025

Wavemaker Impact, the climate tech venture builder and growth fund, has participated in a $3.3 million funding round for MetroElectro, an Australian startup pioneering advanced solar battery technology for energy storage solutions. The investment reflects rising global interest in innovative, sustainable energy solutions that improve efficiency and reliability in renewable power systems.

MetroElectro focuses on developing next-generation solar battery controllers and power electronics that optimize energy capture, storage, and usage from photovoltaic systems. Their technology enables higher energy yield, improved battery health, and greater cost savings for residential and commercial solar customers.

The fresh capital will be used to accelerate product development, conduct field trials with strategic partners, and expand manufacturing capabilities. MetroElectro’s solar controllers are expected to enhance integration of storage and solar generation, addressing variability challenges and supporting grid resilience.

Sanjiv Kumar, Partner at Wavemaker Impact, stated, “We are excited to back MetroElectro as it scales its innovative battery management technology. This aligns with our focus on climate tech startups that drive decarbonization and a sustainable energy future.”

MetroElectro’s leadership team brings deep expertise in power engineering, renewable energy, and system optimization. The company aims to position itself as a key player in global clean energy markets through strategic partnerships and robust R&D.

The partnership with Wavemaker Impact will also provide MetroElectro access to regional networks, enabling accelerated market entry in Asia-Pacific and beyond.

This funding round is part of Wavemaker Impact’s broader mission to support startups that intersect technology and sustainability, addressing urgent climate challenges through innovation and scalable solutions.

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