1414 Degrees raises A$8.45 million for drone and space strategy
1414 Degrees received A$8.45 million in placement commitments to advance SiNTL drone, defence and space programs.
Evidence notes
- Tribeca Investment Partners participated as a cornerstone investor in the placement.
- Proceeds supported accelerated SiNTL scale-up, sample production and battery-manufacturer engagement for the Energia 2000 program.
- Funding also covered the Orbit Boy space-battery program and opportunities across robotics and autonomous vehicles.
Company context
1414 Degrees is an Australian clean-energy technology company developing silicon-based thermal energy storage and SiNTL silicon-anode battery materials for high-temperature industrial heat and UAV battery applications.