Founders in Motion with Thea Ngo RM
About Rakhesh Martyn
Rakhesh Martyn is the founder and CEO of Hachiko, an Australian software company that helps owners of battery storage earn more from it. Hachiko's platform optimises and trades portfolios of commercial and industrial batteries across several energy markets, and serves project developers, energy traders, investors and energy-as-a-service companies. In December 2025 it raised a $2.5 million seed round led by Archangel Ventures.
A chemical engineer with more than 15 years' experience, he moved to London in 2015 to join an energy startup and later worked at EDF Energy, before starting Hachiko in 2023.
On Founders in Motion, hosted by Thea Ngo of Archangel Ventures, he described eight months of investor rejections and why he turned down his first term sheet on his lawyer's advice.
- Talks about
- Climate & Energy, Founder Journey, Fundraising
In conversation.
1 episode
Founders in Motion with Thea Ngo Go straight to the good bits.
Key moments from Battery Storage Founder: 8 Months of Rejection, One Term Sheet He Refused | Rakhesh Martyn, Hachiko Energy.
Hachiko on Day One
Hachiko is a Sydney software company that helps developers, traders, investors and energy service companies run commercial and industrial and other distributed battery…
1 person · 1 episode
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Backers of Hachiko heard on Day One
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