Carnegie Wave Energy Tops Techboard Ranking

Carnegie Wave Energy Tops Techboard Ranking
Carnegie Wave Energy tops Techboard’s startup ranking this fortnight, as it announced its acquisition of fellow cleantech Energy Made Clean (ranked second) for $ 13m. The company had taken a 35% strategic stake in its target earlier this year, and is now buying out the remaining 65% through a combination of shares and cash. Carnegie also secured a $ 3.69m debt financing agreement last week. It received broad media coverage and saw improvements in its website ranking and time on site. Property portal Rent.com.au is ranked third, following a $ 5m capital raise through a rights issue and placement. Rank  Company Movement 1 Carnegie Wave Energy ↑5 2 Energy Made
//Startup News http://www.startupnews.com.au/2016/10/28/carnegie-wave-energy-tops-techboard-ranking/

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