Australia's new unicorn and its digital twins
This week on The Business of Tech, I talk to Neara co‑founder Jack Curtis about how a “physics-based digital twin” of electricity grids is changing the way we plan, build and protect electricity infrastructure – from Taranaki to Texas.
Neara has just raised A$90 million in a Series D round led by US investment firm Technology Crossover Ventures (TCV), which also invested in Netflix, Spotify, Facebook and Xero. That takes total funding in Neara to about A$180 million, as some of the world’s most exposed utilities rush to digitise their networks in the face of extreme…
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