Investible has announced an investment in Hachiko, a software platform aimed at advancing distributed battery storage solutions in Australia.

Information on the Target

Hachiko is an innovative software platform focused on facilitating the rapid expansion of distributed battery storage solutions across Australia. The company aims to revolutionize the energy sector by enhancing the efficiency and reach of battery storage, thereby promoting renewable energy utilization and reducing reliance on traditional power sources. Founded by Rakhesh Martyn, Hachiko is well-positioned to contribute significantly to Australia's transition toward sustainable energy practices.

As the demand for energy storage solutions continues to grow, Hachiko is strategically poised to capitalize on this market opportunity. Its technology promises to streamline the deployment and management of battery systems, making it a critical player in the climate tech landscape.

Industry Overview in Australia

Australia is experiencing a robust shift towards renewable energy sources, fueled by technological advancements and increasing governmental support. The country's vast geographic diversity and abundant natu