RayGen

Nunawading, Australia

RayGen is building lowest cost, long duration solar + storage to deliver the economics of pumped hydro with the flexibility of batteries.

$79.0M raised

Apr 2025

Series D

Top Investors

Australian Renewable Energy AgencyQuanta ServicesSLBAGL EnergyPHOTON ENERGY

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How much funding has RayGen raised?

RayGen has raised $79.0M in total funding. The most recent round was Series D. The last funding was announced in April 2025.

Who are RayGen's investors?

RayGen's investors include Australian Renewable Energy Agency, Quanta Services, SLB, AGL Energy, PHOTON ENERGY.

Where is RayGen headquartered?

RayGen is headquartered in Nunawading, Australia.

What does RayGen do?

RayGen is building lowest cost, long duration solar + storage to deliver the economics of pumped hydro with the flexibility of batteries.

What stage is RayGen at?

RayGen is at the Series D stage.

Cite this page

Free to use in articles, research, and reference works. Stable URL — will not change. Data on this page last updated April 10, 2025.

MLA

"RayGen — Funding & Investors." VCBacked, April 10, 2025, https://www.vcbacked.co/company/raygen. Accessed June 3, 2026.

APA

VCBacked. (2025). RayGen — Funding & Investors. Retrieved June 3, 2026, from https://www.vcbacked.co/company/raygen

Wikipedia (cite web)

{{cite web |title=RayGen — Funding & Investors |url=https://www.vcbacked.co/company/raygen |website=VCBacked |access-date=June 3, 2026}}

Profile data sourced and verified per the VCBacked methodology. Last funding round dated April 10, 2025.