RayGen is building lowest cost, long duration solar + storage to deliver the economics of pumped hydro with the flexibility of batteries.
RayGen has raised $79.0M in total funding. The most recent round was Series D. The last funding was announced in April 2025.
RayGen's investors include Australian Renewable Energy Agency, Quanta Services, SLB, AGL Energy, PHOTON ENERGY.
RayGen is headquartered in Nunawading, Australia.
RayGen is building lowest cost, long duration solar + storage to deliver the economics of pumped hydro with the flexibility of batteries.
RayGen is at the Series D stage.
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"RayGen — Funding & Investors." VCBacked, April 10, 2025, https://www.vcbacked.co/company/raygen. Accessed August 1, 2026.
VCBacked. (2025). RayGen — Funding & Investors. Retrieved August 1, 2026, from https://www.vcbacked.co/company/raygen
{{cite web |title=RayGen — Funding & Investors |url=https://www.vcbacked.co/company/raygen |website=VCBacked |access-date=August 1, 2026}}Profile data sourced and verified per the VCbacked methodology · Last funding round dated