It’s official! Jekara Group is pleased to announce that we have secured cornerstone, institutional investment managed by QIC. QIC is a $100B global investment manager with offices in North America, Europe, Asia & Australia. The investment further validates Jekara Fund I – our track record, investment team, and focus on accelerating the global energy transition. Please join us and get in touch to turn groundbreaking ideas into reality. Thank you to our team Kara Frederick David Finn Jeff Phillips Lewis Einarson, CFA Pru Augustine and to the QIC team Matiela Baker Crystal Russell Nicholas Guest https://lnkd.in/gcCAZCqg #venturecapital #cleantech #energytransition #energy #technology #innovation #manufacturing #investment #sustainability #climate
Jekara Group
Investment Management
Sydney, NSW 434 followers
Jekara is an early-stage venture capital firm backing extraordinary cleantech founders.
About us
Jekara Group is an early-stage venture capital firm, founded by Australia's most successful cleantech partnership. The partners imagined, designed, funded, scaled globally, and produced cash-on-cash VC returns in a multi-year journey building Australia’s greatest global cleantech success story in recent memory. Jekara has an unrivalled competitive advantage and a decade of iterative learnings as partners to help the next wave of cleantech founders scale from an idea to global reality.
- Website
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www.jekaragroup.com
External link for Jekara Group
- Industry
- Investment Management
- Company size
- 2-10 employees
- Headquarters
- Sydney, NSW
- Type
- Partnership
- Founded
- 2022
Locations
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Primary
Get directions
Level 11, 189 Kent Street
Sydney, NSW 2000, AU
Employees at Jekara Group
Updates
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We are all about the early backing of the best founders addressing global opportunities – and achieving liquidity for LPs along the journey. Jekara Group Partner Kara Frederick first backed InDebted in 2017 at the Seed Stage (see photo), joined the Board, and followed on directly with its global success. This $350M val Series C round - up versus 2021 – shows the Indebted team is ready for an even bigger trajectory from here. Congratulations to Josh Foreman & the team at InDebted! #venturecapital #technology #innovation #investment #fintech #Founders #EarlyStageInvesting #RealisedReturns #BackingTheBest
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On the eve of our 8th exit, Jekara’s partners Kara Frederick, Jeff Phillips & David Finn reflect on how recent big news in global cleantech is ushering in the next investment opportunity. Loam Bio Exicom Tritium® SunDrive SunPower Corporation #venturecapital #cleantech #investment #greenenergy #energytransition #energy #technology #innovation #manufacturing #sustainability #climate
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What climate tech slowdown? Cut Through Venture's latest Australian market data show cleantech VC investing rose to $344M in the latest quarter, up 7x Q/Q and approx. 6x Y/Y. Interestingly, the quarter was driven by a few, mega deals ranging from $50 million to $172 million. Cleantech remains a top focus for VC investors. Kara Frederick David Finn Jeff Phillips #venturecapital #cleantech #energytransition #energy #technology #innovation #manufacturing #investment #sustainability #climate
Cut Through Quarterly Q2 2024 is out, and things are looking up. Except for one big problem… 💰💰Funding to Australian startups hit a six-quarter high, with the return of $100M+ mega deals pushing total funding to $1.5B. 🤖🖊️Artificial intelligence deals topped the sector deal count table for the first time after sitting on top of the list of sectors investors are most excited about for a year. 🧔🏻♂️🌲Guest contributor Airtree's Craig Blair has high hopes for the decade ahead, envisioning the ecosystem as a job and wealth creation engine for the Australian economy. 👨🏻💼🧑💼 Investor sentiment continues to improve, with 46% of investors describing the funding market as more favourable compared to last quarter. Additionally, 42% reported assessing more deals, and 30% rated the quality of deal flow as good or excellent. 👩💻🚫 The share of capital flowing to female founders plummeted to a level not seen since 2019. While deal share at the Pre-seed stage hit a high, female-led startups were noticeably absent from large later-stage funding announcements. Thank you to our supporters, HSBC, Corrs Chambers Westgarth, Vanta, GXE, and Deckmatch, for enabling us to deliver another quarterly report. Download in the comments.
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The Sunshine State 🌞 is leading the nation in driving change towards a greener, more sustainable future. Jekara Group presents alongside CS Energy, Energy Queensland, EDL, EnergyLab and Squirrel Energy Pty Ltd at the ‘Queensland Future Energy Event’ held at The Precinct. Partner David Finn delivered insights on the innovations that will drive growth in the energy sector over the next decade. ⚡️🔋 James Harman Teresa Dyson Michael Dart - Acting Chief Executive Officer Joris Eerkens Megan Fisher Wayne Gerard Kara Frederick #venturecapital #cleantech #energytransition #energy #technology #innovation #manufacturing #investment #sustainability #climate
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Jekara Group is thrilled to see such robust investment in the #cleanenergy transition, paving the way for a sustainable future and numerous economic opportunities. Queensland Treasury Kara Frederick David Finn Jeff Phillips #venturecapital #cleantech #energytransition #energy #technology #innovation #manufacturing #investment #sustainability #climate
This afternoon's Queensland Budget saw a welcome $7 billion boost to the Queensland Energy and Jobs Plan, bringing the total commitment to the Sunshine State's #cleanenergy transition to $26 billion over the next four years. "It is imperative that Queensland stays the course and meets our energy and emissions reduction targets, to maximise jobs and economic opportunities, particularly in regional communities," our Regional Director of Policy and Impact - Queensland, Tracey Stinson, said. Some of the key commitments in this year's Budget include: - $16.5 billion committed to supporting the development of renewable energy and storage projects across the state - $8.5 billion towards upgrading the Queensland SuperGrid, including the Copperstring 2032 transmission project and renewable energy zones - $500 million to support network batteries and support of local grid solutions - $192 million to establish Transmission and Training Hubs in Townsville and Gladstone - $8.686 billion in capital investment to be delivered in the 2024-25 financial year
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Honoured for Jekara Group to be selected and cornerstoned by QIC in this significant, nationwide VC mandate.
Queensland’s startup investment pool continues to grow with four more venture capital firms agreeing to expand in the state in exchange for backing from the Miles government’s new development fund, which is being lauded as one of the most significant innovation plays in memory. Tidal Ventures Sprint Ventures Brandon Capital Jekara Group Trade and Investment Queensland #startups #capital #venturecapital #innovation #SMEs #growth #VC #funding #fund #development #business #tech
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Join Jekara Partner David Finn at next week’s ‘Queensland’s Future Energy Event’ where he will share his perspective on energy tech investing. It will be an afternoon full of innovation, thoughtful conversations, and practical inspiration. Michael S. Duggan James Harman Teresa Dyson Emma Roberts Joris Eerkens Megan Fisher Wayne G. Kara Frederick Jeff Phillips Jekara Group #venturecapital #cleantech #energytransition #energy #technology #innovation #manufacturing #investment #sustainability #climate
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The Future Made in Australia – Making Australia a Renewable Energy Superpower⚡️ Winners: 💡Cleantech Innovators – $1.7B towards a Future Made in Australia Innovation Fund that will support the development of emerging technologies in areas such as batteries, green industry, and low carbon fuels. This is alongside the $1.5B given to the Australian Renewable Energy Agency to continue their great work. 💧Hydrogen – $6.7B in tax breaks for green hydrogen producers from 2027, complimentary to the existing Hydrogen Headstart program which also received an extended $1.3B. These breaks will include a $2 per kilogram produced incentive for renewable hydrogen for up to 10 years. 💎Critical Minerals - $7B in forecast Critical Minerals Production Tax Incentives for onshoring of critical minerals processing and refining for 31 different minerals. ☀️Solar - $1.5B via the Solar Sunshot Program and Battery Breakthrough Initiative to strengthen these supply chains. 📈Investors, Foreign and Local – $185.4M to create a new “front door” for investors in major, transformational investment proposals for renewable energy projects of national significance. These new frameworks will look to mobilise private investment and create a more transparent approach to foreign investment. 👷🏻Regions and Industry Employees - $178.6M in additional employment and skills support for regions in transition with the Energy Industry Jobs Plan and place-based Regional Workforce Transition Plans. Losers: ❌Fossil Fuels: enough said... 🌱Greenwashers - $17.3M combined to ASIC, Treasury and APRA to fight greenwashing among investment funds and to deliver a sustainable finance framework. Kara Frederick David Finn Jeff Phillips Australian Renewable Energy Agency (ARENA), Department of Climate Change, Energy, the Environment and Water #venturecapital #cleantech #energytransition #futuremadeinaustralia #energy #technology #innovation #manufacturing #investment #sustainability #climate #jekaragroup
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The latest, global cleantech data show sector growth continues for cleantech and may be increasing in the latest quarter. Since 2018, sector investment has grown 55% CAGR of total deal $ activity and 27% CAGR of deal volume. The latest quarterly results (Mar24) continue to show momentum with 14 different startups raised over USD$50M which may be a sign of increased confidence overall. Interestingly, March 2024’s data showed a 1.6X average valuation uplift. Given the down market in VC overall and flattish 2023 for cleantech, this may be a green shoot for the sector that could spread. Australia tends to lag the US and global markets in deal activity and valuations, and this data may represent a leading indicator for our market. Kara Frederick David Finn Jeff Phillips #venturecapital #cleantech #energytransition #energy #technology #innovation #manufacturing #investment #sustainability #climate #jekaragroup
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