COMPANY PROFILE

Allegro Energy

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Novel water-based electrolyte that can be used in both redox flow batteries (RFBs) and supercapacitors

Newcastle-Maitland, AustraliaFounded 2021Energy

Valuation $25–50M Last recorded · 2024

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Allegro Energy

Allegro Energy is dedicated to accelerating the transition to a zero-carbon, renewable economy by providing innovative energy storage solutions. The company focuses on creating safe, clean, and green energy storage systems using unique water-based electrolytes that offer high performance at a low cost. Allegro Energy serves a diverse range of clients, including those in the renewable energy sector, electric mobility, and grid stabilization markets. The business operates primarily in the renewable energy and energy storage markets, targeting clients who require sustainable and efficient energy solutions. Allegro Energy's business model revolves around the development, manufacturing, and sale of its proprietary energy storage systems. The company generates revenue by selling these systems to businesses and organizations that need reliable and sustainable energy storage solutions.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2021
Headquarters: Newcastle-Maitland, Australia
Employees: 24
Open positions: None listed
Dealroom signal: 42.1/100
Sub-industry: Energy Storage
Sector: Energy, Battery, Spinout, Sustainable Development Goals, Climate Tech, Stationary Energy Storage, Alternative Battery Chemistry, Grid Technology, Hard Tech
Technology: Hardware, Deep Tech, Nanotech
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn

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Funding history

6 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
GRANT✓Other financing	Dec 2024	$1.4M	—	NSW Labor	↗
SERIES A✓Equity / VC	Sep 2024	$11M	$45M	Melt Ventures · Impact Ventures · Grantham Foundation · Origin Energy	↗

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Growth signals

Allegro Energy website traffic

Latest recorded traffic for Allegro Energy is 3.7K monthly website visits, up 60.9% over the last three months. Allegro Energy's team grew 9.1% over the past year.

Latest monthly visits3.7K 3-month web change+60.9% 1-year team growth+9.1%

Monthly website visitsDec 2022–Jul 2026

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