Venture capital manager Starfish Ventures has reinvested in California-based solar thermal energy company Ausra.
The Melbourne-headquartered manager is part of a group of five that has ploughed $25.5 million into an equity funding facility for the company.
Other members of the group are Al Gore-founded Generation Investment Management, Ausra founding investors Khosla Ventures and Kleiner Perkins Caufield & Byers, and Kern Partners.
Funds from the equity facility will be available to Ausra for acceleration of the company's solar thermal energy equipment supply business.
Ausra said the group had committed the funds to support global expansion opportunities for existing power generation and industrial steam applications.
Starfish Ventures has had a number of institutional investors, including Westscheme and MTAA Super.
