Sydney angel investorâs $100k punt on SA energy start-up Shared experiences between defence veterans are at the heart of a $100,000 punt by a Sydney investor on a South Australian energy technology start-up.
Business by Valerina Changarathil
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Subscriber only South Australian start-up IO Energy, which wants to optimise the use of cheap renewable energy, has found its strongest backer in a Sydney family-owned investment group. Angel investors and brothers Ben and Adrian Waters, who traditionally invest in cyber security and fintech start-ups, have tipped in $100,000 as part of IO Energy s seed funding round that closed at $659,000. We honestly knew very little about the Australian Energy Market before beginning our research.
Sydney angel investor s $100k punt on SA energy start-up
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