New Energy Technology

New Energy Technology is a venture capital firm founded in 2020 and headquartered in Perth, Western Australia. It is a public, unlisted Australian company that invests in and commercialises early-stage green hydrogen and green fuels technologies globally, backed by 100+ Australian sophisticated shareholders. The firm also provides hands-on commercialisation support, techno-economic forecast modelling across the value chain, and IP strategy guidance, drawing on an expert team spanning energy infrastructure, deep tech, hydrogen, finance, and venture growth based across Australia, Europe, and the USA. Its focus centers on green fuels and hydrogen-adjacent technologies, including electrolysers, ammonia-based energy storage, and clean hydrogen production, at Technology Readiness Levels 2 to 4. Portfolio companies include Supercritical, JOLT, Naco Technologies, PlasmaLeap, and ecop Technologies, with a reported 3x portfolio uplift over three years. NET's investment approach combines capital with deep technical and commercialisation expertise, targeting technologies capable of advancing toward TRL 8–9 and reducing green fuel costs. Its criteria prioritize differentiated, cost-reducing hydrogen and green ammonia technologies with strong IP and a credible path to global commercialisation.