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Conry Tech

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Conry Tech is reinventing air-conditioning to improve comfort and make heating and cooling more sustainable

Melbourne, AustraliaFounded 2020Energy
Valuation $5–10M Last recorded · 2025
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Conry Tech and the history behind them.

About Conry Tech

Conry Tech is reinventing air-conditioning to improve comfort and make heating and cooling more sustainable. Founded by industry experts who previously captured 60% global market share with their oil-free compressor, their new breakthrough involves decentralizing HVAC with their BullAnt hyper-efficient smart micro chiller that deliver cooling and heating with precision, for commercial buildings and datacenters, radically reducing energy consumption.

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The company's target clients are owners and operators of commercial buildings that require air conditioning, which consumes a significant portion of the world's power.

The business model of Conry Tech is based on the development and sale of innovative air-conditioning systems that are designed to reduce energy consumption and CO2 emissions, improve indoor air quality, and enhance comfort. By doing so, they aim to help buildings achieve higher efficiency standards and move towards net-zero carbon emissions. This approach not only addresses the environmental impact of traditional air-conditioning systems but also the health risks associated with poor indoor air quality and the spread of airborne viruses.

In terms of revenue, Conry Tech makes money by selling their innovative air-conditioning systems to building owners and operators, either through traditional sales channels or via a subscription model they call "Comfort-As-A-Service". The company's value proposition is the potential for significant energy savings and improved indoor air quality, which can lead to lower operating costs and a healthier indoor environment.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Melbourne, Australia
Employees
18
Open positions
1
Dealroom signal
81.3/100
Industry
Real Estate
Sub-industry
Clean Energy, Energy Efficiency, Energy Storage
Sector
Energy, Sustainable Development Goals, Urban Tech
Technology
Artificial Intelligence, Hardware, Deep Tech, Machine Learning, Connected Device, IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SUPPORT PROGRAM✓Other financing May 2026 $0 — Third Derivative ↗
SEED✓Equity / VC Oct 2025 $1.9M $7.8M Audacy Ventures ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Conry Tech website traffic

Latest recorded traffic for Conry Tech is 570 monthly website visits, up 128% over the last three months. Conry Tech's team grew 12.5% over the past year.

Latest monthly visits570 3-month web change+128% 1-year team growth+12.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed7 investors entered at this stage

  • Commonwealth of Australia
  • CSIRO Kick-Start
  • EnergyLab
  • Simon Monk
  • Bandera Capital
  • Pacific Channel
  • Audacy Ventures

Other known investors4 additional known investors

  • Third Derivative
  • Better Bite Ventures
  • CDL-Melbourne
  • Impact Ventures
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇦🇺 Australia76.5%
🇳🇿 New Zealand5.9%
🇸🇬 Singapore5.9%
🇺🇸 United States5.9%
🇭🇰 Hong Kong5.9%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Conry Tech on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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