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Series D Round

For RayGen

$127.0M Apr 14, 2025
Funding Details

RayGen is a Victorian solar and thermal storage scaleup focused on developing innovative clean energy solutions. The company aims to enhance the efficiency and sustainability of energy production through advanced solar technology and long-duration energy storage systems. This funding round marks one of the largest clean energy technology capital raises in Australia, reflecting the growing demand for sustainable energy solutions. The funds will be utilized to scale operations, enhance product development, and expand market reach. The Series D funding round has attracted significant attention from investors, highlighting the increasing interest in renewable energy technologies. The investment will also support RayGen's efforts to innovate and improve its technology, positioning the company as a leader in the clean energy sector.

Confidence Score
Data extraction confidence: 90%
Participating Investors

No investors recorded for this funding round.

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Other Data Sources
1
Exa Round Data
Apr 21, 2025
Exa Enrichment History
1

Fields Updated
amount currency announced_date description stage
Enrichment Details
Amount
127.0
Currency
USD
Announced Date
2025-04-14T23:01:46
Description
Victorian solar and thermal storage scaleup
Stage
Series D
Enrichment History
  • {'updated_at': '2025-04-24T20:30:05.433370', 'fields_updated': {'amount': True, 'currency': True, 'announced_date': True, 'description': True, 'stage': True}, 'query_used': 'RayGen Series D funding round investment valuation', 'sources_count': 5}
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