Cable Raises $4M Pre‑seed Round From Systemiq Capital, Black Nova VC and Angels

Deal Summary

Australian energy startup Cable announced a $4 million pre‑seed funding round led by Systemiq Capital and Black Nova VC, with participation from angel investors. The capital will support its public beta rollout in Sydney, helping SMEs cut electricity costs by up to 40% using battery‑as‑a‑service. The round marks Systemiq Capital’s first investment in an Australian company.