RayGen Overview
- Founded
-
2010
- Status
-
Private
- Employees
-
45
- Latest Deal Type
-
Series C
- Latest Deal Amount
-
$42.6M
- Investors
-
11
RayGen General Information
Description
Operator of a technology company committed to providing next generation of 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 high-efficiency solar modules at its 25MW manufacturing facility, 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
Primary Office
- 15 King Street
- Nunawading, Victoria 3131
- Australia
+61 (03) 0000 0000
RayGen Timeline
RayGen Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Later Stage VC (Series C) | 08-Jun-2021 | $42.6M | 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 | 0000 | 00.000 | Completed | Startup | |
| 3. Corporate | 12-Apr-2014 | $2M | $5.32M | Completed | Startup | |
| 2. Angel (individual) | 22-Nov-2012 | $3.32M | $3.32M | 000.00 | Completed | Startup |
RayGen Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | 000,000 | 000.00 | 000.00 | 00 | 000.00 | 00.000 |
RayGen Patents
RayGen Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2019301575-A1 | Low cost dispatchable solar power | Pending | 11-Jul-2018 | 000000000 | |
| US-20210336582-A1 | Low cost dispatchable solar power | Pending | 11-Jul-2018 | 000000000 | |
| US-10404204-B2 | Storage of solar energy | Active | 07-Aug-2013 | 000000000 | 0 |
| US-20160352282-A1 | Storage of solar energy | Granted | 07-Aug-2013 | 000000000 | 0 |
| AU-2014305651-A1 | Storage of solar energy | Abandoned | 07-Aug-2013 | F24S50/20 |
RayGen Executive Team (10)
RayGen Board Members (6)
| Name | Representing | Role | Since |
|---|---|---|---|
| David Sutton | Self | Chairman | 000 0000 |
| Fredrick Stoa | Self | Board Member | 000 0000 |
| John Lasich Ph.D | RayGen | Co-Founder, Technical Director & Board Member | 000 0000 |
| Leonie Walsh | Self | Board Member | 000 0000 |
| Tyler Durham | Self | Board Member | 000 0000 |
RayGen Signals
Growth Rate
0.80%
Weekly
Growth
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
RayGen Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| 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 | |
| Schlumberger | Corporation | Minority | 000 0000 | 000000 0 | |
| Photon Energy Group | Corporation | Minority | 000 0000 | 000000 0 |