AZZO secures strategic investment to accelerate global expansion

Leading Australian engineering and energy management solutions company AZZO is marking its 20th anniversary this year with a significant milestone: securing a strategic capital investment to fuel its next phase of global growth.

Headquartered at the Tonsley Innovation District, AZZO has received investment from Los Angeles-based Angeleno Group, a premier venture capital and growth equity investment firm focused on clean energy and sustainability.

The funding will accelerate international expansion of AZZO’s flagship EnergyX® IoT platform, which delivers integrated monitoring, control, and optimisation of multi-site distributed energy systems.

Founded in 2005, AZZO launched as an electrical automation company. Today, it delivers advanced energy management, electrical engineering, automation, and software solutions to critical infrastructure, including hospitals, airports, and universities. Its technology enables organisations to manage both traditional building systems and modern distributed energy networks, making it an essential enabler of smart infrastructure worldwide.

With growing demand driven by data-intensive applications like artificial intelligence, AZZO sees strategic opportunities in energy-resilient solutions for data centres, both in Australia and abroad.

“These facilities are increasingly energy-hungry,” said Mr Azzollini.

“They don’t just need to conserve energy—they need to generate and manage it efficiently. Our platform is uniquely positioned to support this.”

AZZO’s expansion into the U.S. has already seen success. Its technology is being deployed in projects such as Brookville bus station electrification in Maryland and the high-profile JFK Airport Expansion Project in New York, where AZZO is building resilient electrical infrastructure with integrated battery storage to ensure uncompromised power quality and reliability.

Tonsley: A Launchpad for Global Growth

Mr Azzollini credits the Tonsley Innovation District as being central to AZZO’s evolution.

“Tonsley has been our launchpad. We moved here to be part of a forward-thinking ecosystem, and that decision has paid off,” he said.

Since moving to Tonsley in 2017, AZZO has expanded nationally, with offices in Victoria and across Australia, and internationally, in New Jersey and California in the U.S. celebrating five years in operation this year.

AZZO is currently negotiating a new lease and exploring expansion opportunities at Tonsley to support its growing team and operations.
“Our long-term goal is to create more jobs in Australia, serve as a technology enabler for the U.S., and ultimately drive global impact in clean energy innovation,” said Mr Azzollini.

“We’re committed to keeping our headquarters in Tonsley, which we believe is the ideal base for our global ambitions.”