Raygen
Next Generation Solar and Storage
- Employees
- 51–200
- Founded
- 2010
- Business Model
- B2B
- Website
- raygen.com
- Last Round
- Series DApr 2025
- Rounds
- 3
About
RayGen is an Australian technology company founded in 2010 with a mission to develop the world's lowest-cost, highest-efficiency solar technology. Today, RayGen is a pioneer in Long-Duration Energy Storage, combining breakthrough solar power generation with electro-thermal storage to deliver renewable energy on demand — day and night. Backed by global energy majors including Equinor Ventures, SLB, AGL Energy, Photon Energy Group, Chevron Technology Ventures, and Oxy Technology Ventures, in 2023 RayGen delivered the world's then-largest next-generation Long-Duration Energy Storage project — at 50MWh — in Australia, and is now developing multi-GWh solar-plus-storage projects across the globe. RayGen's hi-tech solution is designed and manufactured in Melbourne, Australia, and is protected by six patent families.
Summary
Raygen is a Climate Tech company, founded in 2010. Its most recent funding was a Series D round in Apr 2025. Investors include AGL Energy Limited, Schlumberger and Australian Renewable Energy Agency (ARENA).
Tech & App Stack
4 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Apr 2025
Sign up to see all 3 rounds
Grant through Series D — per-round amounts, valuations, and who invested in each round.
Investors
Similar Companies
Leading North American energy infrastructure platform.
Green steel company using hydrogen and renewable electricity to decarbonize steel production. For...
Self-driving cars.
Sustainable infrastructure finance
MIT spinout developing compact fusion energy plants using high-temperature superconducting magnet...
American electric vehicle manufacturer producing luxury EVs including the Lucid Air sedan and Gra...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/raygen"><img src="https://indexed.vc/api/badge/company/raygen" alt="Raygen on Indexed.vc" width="260" height="76" /></a>