RayGen Overview

  • Year Founded
  • 2010

Year Founded

  • Status
  • Private

  • Employees
  • 75

Employees

  • Latest Deal Type
  • Series D

  • Latest Deal Amount
  • $33.2M

  • Investors
  • 13

RayGen General Information

Description

Operator of a technology company intended to offer solar power and electricity storage. The company's technology provides dispatchable renewable electricity to meet various market demands, including supply into the grid, cogeneration, and green hydrogen production and it consists of the proprietary PV ultra solar co-generation, coupled with electro-thermal energy storage technologies and manufactures efficient solar modules, enabling customers to get cheaper and ethical energy services.

Contact Information

Website
www.raygen.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Alternative Energy Equipment
Other Industries
Energy Storage
Corporate Office
  • 8 Cato Street
  • Hawthorn East, Victoria 3123
  • Australia
+61 (03) 0000 0000

RayGen Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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RayGen Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Later Stage VC (Series D) 22-Apr-2024 $33.2M 000.00 Completed Generating Revenue
11. Later Stage VC (Series C) 08-Jun-2021 0000 000.00 Completed Generating Revenue
10. Grant 19-May-2021 0000 00.000 Completed Generating Revenue
9. Corporate 14-Apr-2021 00.00 00.000 Completed Generating Revenue
8. Corporate 08-Apr-2020 00.000 Completed Generating Revenue
7. Grant 20-Mar-2020 00.00 00.000 Completed Generating Revenue
6. Accelerator/Incubator 27-Mar-2018 00.000 Completed Generating Revenue
5. Grant 01-Jan-2017 00.000 00.000 Completed Startup
4. Grant 18-Mar-2015 $55K $5.32M Completed Startup
3. Corporate 12-Apr-2014 $2M $5.32M Completed Startup
To view RayGen’s complete valuation and funding history, request access »

RayGen Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a technology company intended to offer solar power and electricity storage. The company's technology provide
Alternative Energy Equipment
Hawthorn East, Australia
75 As of 2024
000.00
00000000000 000.00

0000

sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labo
000000 0000000000
Darlinghurst, Australia
00 As of 0000
000000000000
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RayGen Competitors (1)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Vast Formerly VC-backed Darlinghurst, Australia 00 000000000000
You’re viewing 1 of 1 competitors. Get the full list »

RayGen Patents

RayGen Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2018902511-A0 Low cost dispatchable solar power Inactive 11-Jul-2018
AU-2019301575-A1 Low cost dispatchable solar power Active 11-Jul-2018 000000000
US-20210336582-A1 Low cost dispatchable solar power Pending 11-Jul-2018 000000000 0
AU-2019301575-B2 Low cost dispatchable solar power Active 11-Jul-2018 000000000 0
AU-2023285841-A1 Low cost dispatchable solar power Pending 11-Jul-2018 F03G6/005
To view RayGen’s complete patent history, request access »

RayGen Executive Team (12)

Name Title Board Seat Contact Info
Richard Payne Chief Executive Officer
Brendt Henricus Chief Financial Officer & Company Secretary
Sean Baker Chief Operating Officer
Eleanor McCracken-Hewson Chief Legal Officer
Vanessa Murphy Chief People Officer & Executive, Strategy Delivery
You’re viewing 5 of 12 executive team members. Get the full list »

RayGen Board Members (7)

Name Representing Role Since
David Sutton RayGen Chairman 000 0000
Fredrick Stoa Equinor Ventures Board Member 000 0000
John Lasich Ph.D RayGen Co-Founder, Technical Director & Board Member 000 0000
Leonie Walsh Self Board Member 000 0000
Tsuyoshi Saito Self Board Member 000 0000
You’re viewing 5 of 7 board members. Get the full list »

RayGen Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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RayGen Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Breakthrough Victoria Impact Investing Minority 000 0000 000000 0
AGL Energy Corporation Minority 000 0000 000000 0
Chevron Technology Ventures Corporate Venture Capital Minority 000 0000 000000 0
Equinor Ventures Corporate Venture Capital Minority 000 0000 000000 0
Plug and Play Tech Center Accelerator/Incubator Minority 000 0000 000000 0
You’re viewing 5 of 13 investors. Get the full list »

RayGen FAQs

  • When was RayGen founded?

    RayGen was founded in 2010.

  • Who is the founder of RayGen?

    John Lasich Ph.D and Bob Cart are the founders of RayGen.

  • Who is the CEO of RayGen?

    Richard Payne is the CEO of RayGen.

  • Where is RayGen headquartered?

    RayGen is headquartered in Hawthorn East, Australia.

  • What is the size of RayGen?

    RayGen has 75 total employees.

  • What industry is RayGen in?

    RayGen’s primary industry is Alternative Energy Equipment.

  • Is RayGen a private or public company?

    RayGen is a Private company.

  • What is RayGen’s current revenue?

    The current revenue for RayGen is 00000.

  • How much funding has RayGen raised over time?

    RayGen has raised $71.8M.

  • Who are RayGen’s investors?

    Breakthrough Victoria, AGL Energy, Chevron Technology Ventures, Equinor Ventures, and Plug and Play Tech Center are 5 of 13 investors who have invested in RayGen.

  • Who are RayGen’s competitors?

    Vast is a competitor of RayGen.

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