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RayGen Resources

Hawthorn East, Australia · Founded 2010 · Privately Held (backing)

Developer of next-generation solar and energy storage technology designed to support continuous renewable power generation. RayGen Resources is based in Hawthorn East, Australia and was founded in 2010. Its last reported valuation was $171 million in Apr 2024. It has raised $151 million.

Last reported valuation
$170.8M
Oct 2026
Priced at
—
Total raised
$151.1M
Last round
—

RayGen Resources key facts

as of Oct 2026
  • Developer of next-generation solar and energy storage technology designed to support continuous renewable power generation.
  • RayGen Resources is valued at approximately $170.8M as of Oct 2026 (last reported valuation).
  • It has raised $151.1M; the latest was Later Stage VC ($79.4M) in Apr 2025.
  • Notable investors include Plug and Play Tech Center, Free Electrons, Chevron Technology Ventures, Equinor Ventures, Breakthrough Victoria — 14 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$170.8M

RayGen Resources's last reported valuation, Apr 2024. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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RayGen Resources funding rounds

No rounds on record

No funding rounds for RayGen Resources are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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RayGen Resources valuation

RayGen Resources's last reported valuation was $171 million in Apr 2024. No priced round, secondary trade or fund mark has surfaced since.

RayGen Resources investors

14 investors are on record for RayGen Resources, including Plug and Play Tech Center, Free Electrons, Chevron Technology Ventures and Equinor Ventures.

About RayGen Resources

Developer of next-generation solar and energy storage technology designed to support continuous renewable power generation. 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, nabling electricity markets, on- and off-grid clients, and green fuel projects to access dispatchable renewable energy and grid stability services.

Sector
Energy
HQ
Hawthorn East, Australia
Founded
2010
Employees
88
Ownership
Privately Held (backing)

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