Wednesday, March 18, 2026
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Melbourne manufacturing startup backed by Virescent Ventures to scale grid safety tech

Virescent Ventures has joined an AUD 50 million funding round for Melbourne-based IND Technology, supporting the expansion of the company’s Australian-developed manufacturing of Early Fault Detection (EFD) systems for energy utilities worldwide.
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From cost exposure to cost control: Using energy flexibility to protect margins

Electricity price volatility is reshaping the cost base of Australian manufacturing, challenging long-held assumptions that energy can be treated as a stable operational input.