Friday Nov 24, 2023
Founder Focus Ep 10: Katherine McConnell of Brighte, raising $145Mil in equity and $1Bil in debt.
Today’s Founder Focus Guest is Katherine McConnell of Brighte, Australia’s leader in solar finance and one-stop-shop for sustainable upgrade solutions.
Katherine talks about the conditions that lead her to start Brighte, and the ingredients professionally and personally that drove it to happen.
Katherine has raised $145Mil in equity from investors such as Grok Ventures, the investment company of Mike and Anni Cannon-Brookes, Kim Jackson and Scott Farquhar’s Skip Capital, AirTree Ventures and Singapore Venture Capital firm Qualgro. Kim talks through this process and working with venture capital in general.
In addition to the equity raised, Katherine and her team have issued $1Bil in debt financing for clean energy loans for solar and battery technology.
It has not all been easy sailing, and Katherine talks through her approach to leadership and creating a culture that can rapidly adjust and change.
Success leaves clues, and we think there is a lot here for founders and investors to apply to their own companies and investments from this episode.
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