Akaysha

Melbourne, Australia Founded: 2021 • Age: 5 yrs Acquired By BlackRock
Develops and operates large-scale battery energy storage systems for grid stability.
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About Akaysha

Akaysha is a company based in Melbourne (Australia) founded in 2021 was acquired by BlackRock in June 2022. It operates as a B2B, and Partnerships. Akaysha offers products and services including Waratah Super Battery, Ulinda Park BESS, Brendale BESS, Orana BESS, and Elaine BESS. Akaysha operates in a competitive market with competitors including Lightsource BP, 5B, Encore Renewable, ACEN Australia and EDL, among others.

  • Headquarter Melbourne, Australia
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $195.4 M (USD), Debt – Conventional

    Sep 09, 2025

  • Investors
    ING

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    BlackRock

    (Jun 01, 2022)

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Products & Services of Akaysha

Akaysha offers a comprehensive portfolio of products and services, including Waratah Super Battery, Ulinda Park BESS, Brendale BESS, Orana BESS, and Elaine BESS. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides large-scale energy storage for grid stability and carbon reduction.

Offers grid-scale battery systems to support renewable energy integration.

Delivers energy storage solutions for utility-scale applications.

Facilitates battery storage to enhance power grid reliability.

Supports energy management through large-scale battery systems.

People of Akaysha
Headcount 50-200
Employee Profiles 29
Employee Profiles
People
Ernesto Llamas
General Manager, Energy Markets Australia
People
Nathan Everitt
General Manager, Asset Management
People
Daniel Anderson
Senior Project Manager
People
Simon D'Souza
Asset Manager

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Funding Insights of Akaysha

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $195.4M
  • First Round

    (09 Sep 2025)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2025 Amount Debt – Conventional - Akaysha Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Akaysha

Akaysha has secured backing from 6 investors, including institutional investors. Prominent investors backing the company include ING, Deutsche Bank and BNP Paribas. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Banking & financial service provider
Founded Year Domain Location
Diversified banking and financial services are provided globally.
Founded Year Domain Location
Commercial banking and insurance services are provided globally by ING.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Akaysha

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Akaysha

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Akaysha Comparisons

Employees
+
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Competitors of Akaysha

Akaysha operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lightsource BP, 5B, Encore Renewable, ACEN Australia and EDL, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Solar energy projects are developed and operated by Lightsource BP.
domain founded_year HQ Location
Solar energy projects are developed with innovative, efficient technologies.
domain founded_year HQ Location
Commercial and residential solar projects are developed and managed.
domain founded_year HQ Location
Solar and wind energy projects are developed in Australia.
domain founded_year HQ Location
Wind and solar energy projects are developed by EDL.
domain founded_year HQ Location
Installation and construction services are provided for utilities and telecommunications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Akaysha

Frequently Asked Questions about Akaysha

When was Akaysha founded?

Akaysha was founded in 2021 and raised its 1st funding round 4 years after it was founded.

Where is Akaysha located?

Akaysha is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

What does Akaysha do?

Akaysha Energy constructs and operates mega-scale battery energy storage systems to support carbon reduction and renewable energy integration. Based primarily in Australia, with projects like the Waratah Super Battery, they focus on grid-scale solutions through partnerships and agreements. The company has offices in Melbourne, Sydney, and international locations including the USA and Japan, aiding energy storage for clients in the utility sector.

Who are the top competitors of Akaysha?

Akaysha's top competitors include Lightsource BP, 5B and Encore Renewable.

What products or services does Akaysha offer?

Akaysha offers Waratah Super Battery, Ulinda Park BESS, Brendale BESS, Orana BESS, and Elaine BESS.

Who are Akaysha's investors?

Akaysha has 6 investors. Key investors include ING, Deutsche Bank, BNP Paribas, Westpac, and BlackRock.

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