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MGA Thermal receives $8.25m to expand its energy storage system

Australian clean energy company MGA Thermal has secured $8.25 million in funding as the company moves to scale its long-duration energy storage (LDES) solution. 
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How growth capital is helping an Australian manufacturer go global

There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.