The redevelopment of the iconic Olympia Exhibition Centre in west London is a £1.3 billion project that will transform the complex into an ultra-modern, multi-use destination. Laing O'Rourke, and its subsidiary, Select Plant Hire partnered with Ampd Energy (a Taronga Ventures portfolio company), installing three Enertainers (battery energy storage systems) to replace the existing on-site diesel generators and help achieve their carbon reduction and energy conservation goals. “Deploying the Ampd Energy Enertainers at Olympia has been a game-changer in reducing carbon and maximising power reliability and availability at the site. Each Enertainer has removed a 500 kVA generator and all its associated emissions, noise, space and cost. As such, they represent a huge step forward in our strategy of pushing the boundaries towards ever more environmentally and financially efficient, low-carbon and innovative construction.” - Ian Fleming, Product Leader, Select Site Solutions (Laing O’Rourke subsidiary) Since their deployment, the three units have not only collectively saved 192 tonnes of carbon emissions, but also reduced operating costs by an impressive 70% of savings, partly down to what Select cites as “the flawless performance” of the Enertainer-powered cranes compared to their diesel-powered counterparts. It also estimates that the deployment of the units has removed the equivalent air pollution of around 975 cars [per year/during the same period]. Read the full case study on our website: https://lnkd.in/gZQf2SXb #TarongaVenturesPortfolio #AmpdEnergy #ConTech #BESS #carbonreduction
Taronga Ventures
Investment Management
Investing globally in real assets, innovation and technology companies to drive change in the built environment.
About us
Investing globally in real assets, innovation and technology companies to drive change in the built environment. Taronga Ventures is a leading technology investor focused on driving innovation across real asset sectors such as real estate and infrastructure. The group consists of the RealTech Ventures funds, the RealTechX innovation programs, and Taronga Advisory, which provides institutional real asset owners and operators strategic advice on critical areas of ESG, Innovation, Sustainability and Technology. Taronga Ventures’ funds are backed by leading global institutional investors and major real asset owners and operators. For emerging technology companies Taronga Ventures is a strategic source of capital, providing access to early stage and growth funding as well as access to key customers. through its extensive pool of real estate and infrastructure partners. Through Taronga Projects, the group invests into and develops real assets that are differentiated through their focus on technology. Taronga Ventures covers key markets across the Asia-Pacific, North America, Europe and the Middle East.
- Website
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http://www.tarongagroup.com
External link for Taronga Ventures
- Industry
- Investment Management
- Company size
- 11-50 employees
- Headquarters
- Australia
- Type
- Privately Held
- Founded
- 2015
- Specialties
- Investment Management, Fund Management, Real Estate, Technology, Innovation, Sustainability, Venture Capital, ESG, Real Assets, Advisory, Innovation Programs, Development, Climate Technology, Innovation Advisory, ESG Advisory, and Clean, Green and Connected
Locations
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Primary
200 Barangaroo Ave
Level 31, Two International Towers
Australia, 2000, AU
Employees at Taronga Ventures
Updates
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It was great to be part of His Majesty's Trade Commissioner for Asia Pacific Martin Kent's visit to Australia last week. Martin spent last week working alongside British High Commissioner, Vicki Treadell, and Consuls General, to meet with businesses including Taronga Ventures, state government representatives and a number of other companies to further progress the $20 billion bilateral trading relationship between the UK and Australia. Taronga Advisory is working with the UK Government to support emerging technology companies in the UK looking to expand into the ANZ and broader Asia Pacific markets. Our research report on the market for Data, AI, and Quantum technologies in ANZ will be launched soon. Follow our page for the details to come. UK in Australia, Department for Business and Trade, Rebecca Jinks, Steph Lysaght, Tanya Williams, Louise Cantillon, Richard Cowin, Kirsty Whitford, Sharyn Stevens #UKGovernment #TarongaAdvisory #RealTech #innovation
There has never been a better time for British companies to sell to Australia. UK exports to Australia amounted to £14.6 billion in 2023, almost an 18% increase from the previous year 📈 I visited British High Commissioner to Australia Vicki Treadell last week to meet with British businesses like BAE Systems Australia and Highview Power We had productive meetings with Trade and Investment Queensland and the Australian British Chamber of Commerce to discuss where our two countries can further deepen trade, including in net zero 🔋 I also spent time with the excellent UK in Australia team, to explore how to make the most of our £20bn trade relationship. The UK Government is here to guide companies on their export journey, from support at home through to expert guidance here in our overseas network. Nick Crouch Louise Cantillon Richard Cowin Steph Lysaght Maria Rennie Elisa Henderson Tanya Williams If you are a UK business interested in selling to Australia, please reach out here 👉 https://bit.ly/UKExporters
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We were honoured to have our Director of ESG & Sustainability, Rebecca Jinks, meet His Majesty’s Trade Commissioner for Asia Pacific, Martin Kent in Melbourne last week. Rebecca spoke with HMTC Martin Kent about AI, Data, and Quantum technologies, and the findings of the Taronga Advisory report commissioned by the UK's Department for Business and Trade to identify commercial use cases for UK expertise in those fields across Asia Pacific. They discussed the appetite and opportunities for UK technology companies, and how these will play an important role in creating trade opportunities, growth opportunities and local jobs. We are excited to soon announce the launch of the research report and encourage emerging technology companies looking to better understand the ANZ and Asia Pacific markets to keep in touch. At Taronga Advisory we are open to engage with and support growing companies globally. More details on the report launch event to come. UK in Australia, Tanya Williams, Louise Cantillon, Richard Cowin, Kirsty Whitford, Sharyn Stevens #UKGovernment #TarongaAdvisory #RealTech #innovation
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How are real asset developers using construction technology to reduce their insurance costs by up to 25%? Insurance company Shepherd has announced a partnership with OpenSpace (a Taronga Ventures portfolio company), which provides 360-degree photo documentation software for construction site analytics and project tracking. Justin Levine, Co-founder & CEO, Shepherd said "In an analysis of OpenSpace customers, encompassing over 1,000 contractors, we found significant correlations between OpenSpace usage and improved casualty claims outcomes. Specifically, OpenSpace users demonstrated a superior ability to reduce the frequency of claims, with the margin between users and non-users exceeding our initial expectations. This is consistent with our observations of other field solutions, such as Procore Technologies." Shepherd's partner program provides discounts up to 25% on insurance premiums for builders that use OpenSpace. "To put that in context, 'wrap' policies that cover the insurance costs for all parties on a project can be between 1% to 2% of total construction costs - and these costs can up to 10% for complex projects in urban areas. So even at the lower end (2%), a 25% discount for a wrap policy on a $100M project amounts to a savings of $500,000 - a lot more than the cost of OpenSpace itself. We are talking true, hard ROI for the industry for using the right kinds of tech," said Jeevan Kalanithi, CEO, OpenSpace. Read more on Shepherd's findings and how their customers are leveraging advanced technology for superior risk management: https://lnkd.in/gKp8EX_8 #TarongaVenturesPortfolio #OpenSpace #ConTech #constructionmanagement #riskmanagement
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Certifications play an important role in the real asset industry, serving as markers of quality, sustainability, and operational excellence. Certifications enable asset owners and operators to understand how they can maximize their building’s potential and how their design and operations compare against peers in the market. As user expectations of buildings continuously evolve and technology advances, certifications must evolve too. In this GRESB article by Sanjaya Ranasinghe, Global Director of R&D at WiredScore, Sanjaya explores how certifications remain relevant in a changing market. He spotlights a case study of 40 Leadenhall in London, where their SmartScore certification assessed the building's digital and smart capabilities and led to implementations of new technology and system upgrades. In addition to optimised systems, the certification enabled an accurate performance review that helped to set a benchmark for building sustainability. Read the full GRESB article: https://lnkd.in/gZcSNmbc #smartcities #digitaltransformation #connectivity #digitalinfrastructure #amenities
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In 2020, Trendspek participated in our RealTechX innovation program, leading to pilots with program partners that defined new use cases and a deepening of the relationship with the investment team. Taronga Ventures has since supported Trendspek with all aspects of company development, from refinement of the company’s commercial model to opening access to global customers. Since our initial investment, the Trendspek team and revenue have more than doubled, with over 3.5 million photos processed and users in over 40 countries. This expansion has enabled rapid growth into new markets, such as the UK and US, with an alliance partner network of multinational organisations such as CBRE, Applus , SYSTRA and KBR, Inc. Thanks to Fiona Church, Co-founder of Trendspek for sharing her experience with Taronga Ventures. Read the full case study: https://lnkd.in/gaJMxdZu Derek Feebrey, Mitch Deam #TarongaVenturesPortfolio #assetmanagement #facilitiesmanagement #drones #digitaltwin
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Stay informed on technology in the Real Asset sector with the latest insights and innovations. Our RealTech Connect newsletter delivers the most up-to-date news, insights and projects happening in Taronga Ventures' ecosystem. Subscribe now to receive exclusive news and content from our team, portfolio companies, innovation programs, partners, advisory, events, and more. Sign up today to receive RealTech Connect: https://lnkd.in/gffjdVj2 #TarongaVentures #RealTechX #TarongaAdvisory #innovation #realassets
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From a broadcast facility at the Australian Open, to an emergency medical centre at Monash Hospital, to rapidly deployable accommodation - Taronga Ventures portfolio company SPACECUBE’s reusable modular building system is a highly versatile and sustainable solution. Taronga Ventures has supported SPACECUBE with expanding from mainly events to this broader range of applications, as well as supporting with a range of tactical and strategic challenges, from business model reviews to market entry strategy for Europe and the Middle East. “The Taronga Ventures team have been an invaluable support to the SPACECUBE growth strategy. Since initial investment, Spacecube has not only tripled revenue but launched into other territories and markets thanks to their guidance and investment. The Taronga Ventures team are great ambassadors of the SPACECUBE story and continually champion our purpose to stakeholders.” - Mark Davies, CEO, SPACECUBE Read more about Taronga Ventures' investment into SPACECUBE: https://lnkd.in/gjWmiWCp #TarongaVenturesPortfolio #modularstructures #brandactivation #hospitality #healthcare #innovation
Taronga Ventures Portfolio | SPACECUBE: Modular construction for semi-permanent assets and infrastructure
https://tarongagroup.com
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Xandar Kardian Inc.'s technology has potentially saved the life of a police detainee in custody, in yet another example of the solution's impact in correctional facilities. The Taronga Ventures portfolio company recently deployed its radar-based health monitoring system with the Regina Police Service in Saskatchewan, Canada to monitor the health and wellbeing of detainees. This innovative technology that detects breathing and heart rates identified a detainee in distress, enabling an immediate and potentially life-saving intervention. Critical instances like these underscore the vital role that Xandar Kardian's solutions play in enhancing safety and ensuring timely medical responses. “From the moment we integrated Xandar Kardian's radar-based sensors, we observed a transformative impact on our operations. Within the first 48 hours, the technology detected a critical, potentially life-threatening condition in one of our detainees, enabling our staff to intervene just in time. This incident alone exemplifies how essential such innovative monitoring solutions are in a custodial setting. They are not merely enhancing our operational efficiency; they're crucial in safeguarding human lives. This technology ensures we are equipped to handle emergencies with the urgency and care they require.” - Pierre Beauchesne, Staff Sgt., Regina Police Service Read the case study: https://lnkd.in/gpgZt_nB GT Global Services #XandarKardian #correctionalhealth #healthtech #innovation #sensors
Regina Police and Xandar Kardian - Radar health monitoring technology likely saved inmate’s life
https://tarongagroup.com
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How much carbon is associated with one parcel delivery? A study conducted by University of Melbourne and Groundfloor™ Parcel Lockers quantified the ESG benefits of one of the most popular commercial office amenities - smart parcel lockers. Our Director of ESG & Sustainability, Rebecca Jinks, said "Increasingly, commercial offices are turning to technology to deliver sustainability benefits to their portfolio. Commercial properties are expanding their remit on sustainability to include initiatives that reduce scope 2 and 3 emissions." Russell Thompson, professor in the Department of Infrastructure at the University of Melbourne said “Our study showed that... if parcel lockers were installed in all loading docks of commercial towers this could reduce vehicle kilometres travelled by couriers by around 50 per cent. This would provide substantial productivity gains for couriers as well as reduced emissions and congestion in the CBD." The study highlights the opportunity for commercial offices and precincts to explore parcel lockers as a sustainable solution to reduce scope 3 emissions. Read the full article on The Urban Developer: https://lnkd.in/gj2gH-EU Lynne Thornton, Lauren Melton #parcellockers #tenantexperience #amenities #RealTech #innovation
Groundfloor Parcel Lockers Help Deliver ESG Advantages
theurbandeveloper.com