Investible’s Climate Tech Fund has invested in Hachiko, a software platform designed to enhance the scalability and effectiveness of distributed battery storage in Australia.

Information on the Target

Investible’s Climate Tech Fund has made a significant investment in Hachiko, a pioneering software platform designed to facilitate the rapid deployment of distributed battery storage systems across Australia. Hachiko aims to fill the critical software gap within the commercial and industrial (C&I) battery ecosystem, ensuring that these systems can operate efficiently and effectively. The investment comes during a time when the demand for distributed energy storage is accelerating, making Hachiko's solution timely and relevant.

The platform serves as a comprehensive operating system for commercial-scale storage, catering to developers and asset owners by allowing them to maintain complete control over their battery assets. Hachiko's proprietary technology streamlines the entire lifecycle of a C&I battery, from initial site assessment to market trading, providing unique insights and operational support for its users.

Industry Overview in Australia

The distributed battery energy storage market in Australia is currently at an inflection point. Despite initial perceptions that it is a small segment, recent developments and investments have proven otherwise. Major energy forecasts, including those from the Australian Ener