Scaling breakthrough green technologies

Our focus is singular: helping breakthrough green technology projects get done, whether they have never been done before or never been done at scale.

Why breakthrough green technology projects matter

~35%

of cumulative CO₂ 
reductions needed come from technologies that have not reached commercial deployment (IEA, 2023).

~40%

of cumulative CO₂ 
reductions needed come from technologies that have reached commercial deployment but not at scale (IEA, 2023).

The Gap

Green technology projects are not reaching financial close at the pace or scale net zero requires.

A breakthrough green technology project is either the first commercial-scale deployment of a technology, or the first time a proven technology is deployed at the scale net zero demands. Both face challenges standard commercial support can’t address:

  • Supply chains that don’t yet exist
  • Offtake structures lenders won’t accept
  • Financing frameworks not designed for first-mover risk
  • Regulatory regimes that are incomplete or missing entirely

Even the strongest project teams can stall at the last mile.

If we miss the green tech deployment window, we miss net zero.

What we do

Project Development

"Bottom up"

We embed alongside project teams – startups and established developers – providing structured support from strategy through offtake design, financial modelling, and investor engagement to financial close.

Real project barriers inform what ecosystem reforms are actually needed

Advisory

"Top down"

We work with governments, offtakers, and investors to improve market readiness – the policy, regulation, offtake structures, and finance frameworks that determine whether projects can close.

Better market conditions improve bankability for every project in the sector

The two-sided opportunity:

Great projects won’t reach financial close if the market isn’t ready. And market reforms have no impact without high-quality projects to benefit from them. Cyan Ventures addresses both sides – simultaneously.

Where we work

Low Carbon Liquid Fuels

Aviation, shipping and heavy transport cannot electrify. Low carbon liquid fuels – including sustainable aviation fuel – are essential to decarbonising these sectors. Australia has a major opportunity: abundant feedstocks, Asian export markets on our doorstep, and growing policy momentum. The global SAF market alone is projected 
to reach US$300 billion by 2050.

Clean Tech Supply Chains

The energy transition runs on hardware – solar panels, batteries, transformers – and almost all of it flows through a single country. Supply chain concentration is a strategic vulnerability forAustralia and its allies. Diversifying into critical clean tech inputs like poly silicon creates both sovereign resilience and a multi-billion dollar industrial opportunity for Australia.

Energy Networks

Australia leads the world in rooftop solar and battery uptake, yet millions of households -particularly renters – are locked out of the benefits. Better grid management and smarter aggregation of distributed energy could unlock billions in system value, cut consumer bills, and accelerate Australia’s transition to a clean, reliable grid.

Industrial Decarbonisation

Steel production accounts for roughly 8% of global CO₂ emissions. Replacing coal-based ironmaking with green hydrogen-powered direct reduction is one of the largest industrial decarbonisation opportunities on the planet.Australia – with world-class iron ore, renewable energy potential, and existing industry – is uniquely positioned to lead this transition and capture the premium markets that will follow.

Nature Positive

Nature loss costs the global economy an estimated US$10 trillion annually in lost ecosystem services. InAustralia, nature underpins agriculture, tourism, fisheries and water security – sectors worth hundreds of billions of dollars. The transition to nature-positive business models represents both an urgent environmental imperative and a major emerging economic opportunity, from biodiversity credits to regenerative land use and nature-based solutions.

Who are we?

Our team has spent over two decades at the frontier of sustainability project development and advisory across the Asia-Pacific. We bring together deep project development expertise and policy and commercial advisory capability – from early-stage feasibility through to financial close. There is no other firm in Asia-Pacific focused on both the project development and market ecosystem challenges of scaling breakthrough green technologies, from first deployment to full commercial scale.

Our Team
Dr. Fraser Thompson

Co Founder and Managing Partner

Shaun Chau

Co Founder and Managing Partner

Project Development

Breakthrough green technology projects face a different challenge than standard infrastructure projects. Supply chains may not exist. Offtake contracts don’t yet match what lenders require. Financing structures aren’t designed for first-mover risk. Regulatory regimes are incomplete. Even the strongest founder teams can stall at the last mile.

We embed alongside project teams and provide structured support across the development journey to financial close – bringing sector conviction and the commercial toolkit that projects need.

How We 
Support 
Projects

Clarifying development pathways, competitive positioning, and the sequencing of key milestones toward bankability

Strategy & Positioning

Structuring offtake that provides the revenue certainty lenders need — aggregation models, blended public-private demand, and corporate procurement pathways.

Commercial Offtake Design

Project economics, sensitivity analysis, capital stack design, and scenario modelling to underpin robust investment cases.

Financial Modelling

Preparing investment materials, supporting due diligence, and helping teams engage DFIs, government programs, and private capital.

Investor Engagement Support

Projects we’re supporting

Smartizer

An innovative company delivering low-cost battery solutions for renters – addressing one of the largest equity gaps in Australia’s energy transition. We support Smartizer on commercial strategy and market development.

ConnectVPP

An innovative virtual power plant helping households maximise revenue and efficiency from their batteries through access to the FCAS market. We support Connect VPP on commercial structuring and go-to-market strategy.

Aus-Si

An Australian poly silicon producer helping diversify global supply chains and build Australia’s sovereign resilience in a critical solar input. We support Aus-Si on commercial development, financial structuring, and strategic positioning.

Green Fuels Accelerator

A forthcoming Cyan Ventures initiative creating a structured platform to help the most promising low carbon liquid fuel projects in Australia commercialise – with curated support on feed stock development, offtake design, and finance structuring to reach financial close.

Advisory

Breakthrough green technology projects don’t fail only because of project-level challenges. They fail because the surrounding market – policy settings, offtake norms, financing frameworks – hasn’t developed the readiness to support them. Our advisory addresses this directly.

We work with governments, offtakers, investors, and ecosystem stakeholders to curate and improve the market conditions that enable promising green technologies to scale. Our advisory is grounded in direct project development experience – we understand real commercial barriers, not just theoretical ones.

Who We Work With

Policymakers 
& Government

Mandate design, regulatory reform, market mechanism development, and program design to improve the policy environment for FOAK sectors.

Offtakers

Supporting corporates, airlines, and industrial buyers to develop procurement frameworks and structure offtake that works for both buyer and project.

Investors & Financiers

Market intelligence, sector deep-dives, and investment case analysis to help capital allocators understand FOAK sectors and build conviction.

Industry Groups 
& Philanthropists

Strategic research, sector analysis, and policy framing for industry associations, foundations, and mission-aligned funders accelerating the transition.

What We Deliver

Research & Market Intelligence

Credible market sizing, cost curve analysis, and demand intelligence designed to build investor conviction and inform policy – work that moves capital and decisions.

Strategy

Sector strategy, market-entry analysis, and competitive positioning for organisations navigating breakthrough technology markets.

Financial Modelling & Economics

Rigorous economic analysis – from project-level economics to sector-wide cost-benefit assessments and fiscal impact analysis.

Regulatory & Policy Design

Co-design of regulatory frameworks, pilot structures, certification regimes, and market mechanisms grounded in what projects need to be bankable.

Examples of Our Work

Low Carbon Fuels

Boeing – New Zealand

Cost-benefit analysis of sustainable aviation fuel pathways and policy options for New Zealand's aviation sector.

View Report →
Low Carbon Fuels

Mission Possible Partnership

Tracking global FOAK project progress in hard-to-abate sectors andidentifying structural barriers to reaching financial close.

Low Carbon Fuels

Airline (Confidential)

Conducted climate risk assessment for airline, including physical and transition risk.

Low Carbon Fuels

Powering Australia – Transport

Tracking global FOAK project progress in hard-to-abate sectors andidentifying structural barriers to reaching financial close.

View Report →
Supply Chains

Federal Government Agency

Where to play and how to win in the solar manufacturing value-chain in Australia.

Supply Chains

India – Australia Innovation

Identifying shared innovation and business opportunities in clean tech manufacturing between India and Australia.

View more