Best Energy Tech Companies in New Zealand
The 101 best Energy Tech companies in New Zealand in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Fabrum.
New Zealand's Energy Tech field is smaller than the headlines suggest, but the funding map is sharper than you'd expect. This directory ranks the best Energy Tech companies in New Zealand by disclosed equity funding and recent momentum, pulling from 101 tracked companies and $137M in total disclosed capital. Fabrum leads the field at $23M raised, followed by CarbonScape at $18M and Gentrack at $17M. No unicorns here. What you're looking at is a tight cluster of well-funded specialists, not a sprawling ecosystem, and that concentration tells you something real about where capital conviction actually sits. Icehouse Ventures and New Zealand Growth Capital Partners are the most active backers, alongside Movac and Blackbird Ventures.
The sector's growth rate is ~7.1% CAGR, driven by rising global energy demand and the push to digitize production workflows. I'd also note the mobile signal: energy app installs are running at roughly +28% YoY growth across 138 tracked apps, which suggests consumer and operator engagement is accelerating well ahead of funding announcements. Hot themes right now include EV battery technology, solar electricity generation, and next-generation EV platforms, and preparing new energy technologies for market adoption is increasingly a regulatory and commercial challenge in equal measure. The funding is real. So is the distance still to run.
- prnewswire.com
Our analysis of 287 Energy Tech companies
$109.4b in tracked funding; 82% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy Tech companies in New Zealand
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Fabrum Provider of green hydrogen | $23M | 40 mo ago | Series A | Ojas Mahapatra CEO | 2004 | WordPressMySQLPHP+19 | 23 patents Cryogenic fluid storage and handling systems with thermal management, pressure control, and safety isolation | 1 job opening · 1 partnership · 1 award |
| 2 | PowerbyProxi Wireless Power solutions | $19M | 139 mo ago | Acqui-Hired | — | 2007 | — | 233 patents Wireless inductive power transfer systems and components for charging devices and vehicles | — |
| 3 | CarbonScape Developer of biographite using renewable forestry side streams for battery anodes | $18M | 32 mo ago | Series A | Nick Gerritsen Co-Founder | 2008 | Cart FunctionalitySquarespace CommerceSquarespace+17 | 79 patents Biochar-to-graphite conversion and graphite powder production processes | — |
| 4 | Gentrack Smart billing and customer management solutions for energy, water and airport utilities | $17M | 29 mo ago | Public | Gary Miles Chief Executive Officer | 1989 | WordPressMySQLPHP+38 | — | 1 job opening · 1 launch · 1 award |
| 5 | Flick Electric Online electricity retailer | $15M | 119 mo ago | Acquired | — | 2013 | ContentfulSalesforceReact+18 | — | — |
| 6 | Kwetta Grid management solutions for EV station operators | $10M | 16 mo ago | Series A | Dustin Murdock Co-Founder & CEO | 2021 | StatamicPHPLaravel+7 | — | 2 job openings · 1 launch · 2 expansions |
| 7 | Vertus Energy Provider of technology for biogas generation using waste as well as carbon capture | $10M | 23 mo ago | Seed | Danilo Perez Co-Founder | 2019 | Squarespace CommerceSquarespaceTypeScript+12 | 2 patents Modulating microbial activity for soil and bioprocess treatment applications | 1 job opening · 1 partnership |
| 8 | FTN Motion Manufacturer of electric motorbikes | $5M | 48 mo ago | Seed | Kendall Bristow Co-Founder | 2015 | Cart FunctionalityShopifyLodash+13 | — | 1 launch |
| 9 | solarcity Developer of monitoring software for solar systems | $4M | 143 mo ago | Deadpooled | — | 2012 | — | — | — |
| 10 | Tapi Online maintenance management software | $4M | 49 mo ago | Seed | Taylor Coleman Co-Founder | 2016 | WebflowApple iCloud MailGoogle Workspace+25 | — | — |
| 11 | EMROD Developer of long range wireless power transmission equipment | $3M | 44 mo ago | Seed | Greg Kushnir Founder & CEO | 2019 | ReactGatsbyNetlify+7 | 20 patents Patents concentrated in electrical & electronics | — |
| 12 | ESP Provider of AI-driven energy utility management solutions | $3M | 66 mo ago | Seed | Lincoln Watson CEO | 2001 | — | — | — |
| 13 | Tether Provider of CO2 monitoring solutions for managing virus transmission risk and building performance | $2M | 23 mo ago | Seed | Jordan Clist Co-Founder & CTO | 2017 | Wix eCommerceWixSentry+24 | — | — |
| 14 | Bspkl Online platform offering hydrogen generation through electrolysis | $2M | 38 mo ago | Seed | Christina Houlihan Co-Founder | 2023 | — | — | — |
| 15 | Photonic Innovations Manufacturer of lased-based gas leak detection systems | $1M | — | Deadpooled | Ojas Mahapatra CEO | 2005 | — | 11 patents Photonic gas detection sensors for hazardous and environmental monitoring | — |
| 16 | Frankie SaaS-driven maintenance management software for property managers | $900K | 53 mo ago | Seed | — | 2019 | — | — | 1 launch · 1 partnership |
| 17 | Mevo On-demand electric car rental company | $203K | 95 mo ago | Seed | — | 2014 | EmotionNginxSwiper+19 | — | — |
Top 12 Energy Tech companies in New Zealand
#1
Series A · Napier, Hawke s Bay · founded 2021$10.5Mraised▾
Grid management solutions for EV station operators. The company provides high-voltage power electronics and grid-connected power conditioning systems.
- Jan 2025Series A$10.5M
#2
Seed · Auckland, Auckland · founded 2019 · 6 employees$10.2Mraised▾
Provider of technology for biogas generation using waste as well as carbon capture. It provides solutions to control bacteria to create power from waste.
- Jun 2024Seed$9.4M
- Oct 2021Seed$862.4K
#3
Seed · Auckland, Auckland · founded 2017 · 3 employees$1.9Mraised▾
Provider of CO2 monitoring solutions for managing virus transmission risk and building performance. It offers IoT interfaced CO2 monitoring solutions for managing virus transmission risk within alert level or protection framework. It also provide building performance solutions by modeling, measuring, and interpreting how a building is constructed and performs. It offers a referral program for new business and has various products for energy consumption monitoring.
- Jul 2024Seed$1.9M
#4
Public · Auckland, Auckland · founded 1989 · 584 employees$17.3Mraised▾
Gentrack offers utility billing and CRM solutions provider for energy utilities, water companies and airports. Its products include Retail billing and CRM, Distribution billing, demand response billing, meter data management software which are used across Australasia and the UK, and Tier 1 airports around the world. All their products can be offered as a SaaS business model as per the customer requirement.
- Dec 2023Post IPO$17.3M
#5
Series A · Blenheim, Marlborough · founded 2008 · 25 employees$18.4Mraised▾
Developer of biographite using renewable forestry side streams for battery anodes. The company's patented process uses low temperature and cost-effective feedstock. The resulting biographite is designed to straddle the characteristics of conventional synthetic and mined graphite. Biographite plants aim to produce material locally, enhancing supply chain security.
- Sep 2023Series A$18M
- Nov 2014Seed$400K
#6
Series A · Christchurch, Canterbury · founded 2004 · 29 employees$23Mraised▾
Provider of green hydrogen
- Feb 2023Series A$23M
#7
Seed · Lower Hutt, Wellington · founded 2023$1.6Mraised▾
Online platform offering hydrogen generation through electrolysis. Its Business specializes in low-carbon manufacturing and the production of catalyst-coated membranes for hydrogen electrolyzers. It is a GNS Science spin-off company that has received funding from WNT Ventures.
- Apr 2023Grant (prize money)$464.1K
- Apr 2023Seed$1.6M
#8
Seed · Auckland, Auckland · founded 2019 · 32 employees$2.9Mraised▾
Emrod provides solutions for wireless power transmission. It is using tele-energy technology to enable long-range wireless energy transmission. It transmitted energy through electromagnetic waves over long distances.
- Oct 2022Seed$1.9M
- Oct 2021Seed$1.1M
#9
Seed · Wellington, Wellington · founded 2015 · 22 employees$4.6Mraised▾
Manufacturer of electric motorbikes. The company is involved in the design and development of a motorbike named 'Streetdog' that include features like an 80 KM range, 30 L storage, wheel lock, alarm, 50 KM max speed, and more.
- 2022Seed—
- 2021Seed—
#10
Seed · Wellington, Wellington · founded 2016 · 24 employees$3.5Mraised▾
Online maintenance management software for property managers. It enables users to manage maintenance activities of their properties with features such as work order management, automated invoices, process management, and more.
- May 2022Seed$3.5M
#11
Acqui-Hired · Auckland, Auckland · founded 2007 · 55 employees$19Mraised▾
With solutions ranging from less than 1 Watt to Kilowatts, PowerbyProxi provides consumer electronics and industrial suppliers (semiconductor, OEMs, and ODMs) with the freedom to wirelessly transfer reliable, efficient power in the most difficult places: from a miniaturised receiver inside a smartphone or wearable device, to mission critical applications in hostile environments such as a wind turbine control system.
- Nov 2014Series D$10M
- Sep 2013Series C$4M
- Apr 2013Series C$5M
#12
Acquired · Wellington, Wellington · founded 2013 · 88 employees$14.8Mraised▾
Flick Electric is a New Zealand-based company focused on providing electricity to customers in the country. The company offers its customers electricity at wholesale spot prices. The app allows users to monitor the consumption patterns and also provides when the prices begin to rise.
- Jul 2016Series B$5M
- Dec 2015Series B$5M
- May 2015Series A$4.8M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Energy Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.