RayGen Resources

Renewable EnergySeries DAustraliaraygen.com

Latest round

Series D

Last raised

Apr 2025

Total raised

$131M

Investors

13

About RayGen Resources

Based in Victoria, Australia, and founded by John Lasich (Executive Director) in 2010, RayGen Resources Pty Ltd operates as a renewable energy company specializing in solar power and energy storage technology. The company, through its solar and energy storage solutions, accelerates the transition to renewable energy. Combining advanced solar technology with thermal storage, RayGen offers proven, reliable, and flexible energy solutions that also address the challenges of climate change. Their innovations span solar and storage hardware, operating software, manufacturing, and process optimization. Additionally, the company uses giant mirrors and water reservoirs to make solar power available after dark. RayGen's flagship project, the Carwarp power plant, is the world's largest next-generation, long-duration energy storage project, with a capacity of 50 MWh and a duration of 17 hours.

Who invested in RayGen Resources

13 investors across 3 rounds

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Funding rounds

  1. Series D

    Apr 9, 2025

    Amount

    $77M

    Investors

    Locked

  2. Series D

    Feb 8, 2024

    Amount

    $33M

    Investors

    Locked

  3. Series C

    Apr 16, 2021

    Amount

    $21M

    Investors

    Locked

Questions about RayGen Resources

Who invested in RayGen Resources?

RayGen Resources has 13 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has RayGen Resources raised?

RayGen Resources has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did RayGen Resources last raise money?

RayGen Resources's most recent round on record is a Series D, in Apr 2025.

What does RayGen Resources do?

Based in Victoria, Australia, and founded by John Lasich (Executive Director) in 2010, RayGen Resources Pty Ltd operates as a renewable energy company specializing in solar power and energy storage technology.

Where is RayGen Resources headquartered?

RayGen Resources is headquartered in Australia.

Which VCs invest in companies like RayGen Resources?

Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back renewable energy companies at RayGen Resources's stage. Their profiles are linked below.

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