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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.

RMIT spin-off launches new manufacturing hub in Melbourne

RMIT University has reported that IND Technology, a company commercialising its early fault detection (EFD) system, has established a new manufacturing hub in Richmond to support global demand for the bushfire and blackout prevention technology.
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Navigating energy price volatility with predictive intelligence

Energy price volatility has become a structural feature of modern electricity markets rather than a temporary disruption. For energy-intensive manufacturers and large commercial operators, fluctuating wholesale prices are reshaping how energy costs are managed, making reactive approaches increasingly inadequate.