Raygen

Raygen

Private
Hawthorn East, VictoriaEnergy & Sustainabilityhttps://www.raygen.com

Last Round

Series D

Apr 9, 2025

Total Funding Raised

$128.23M

Momentum Score

50 /100

Company Overview

RayGen is a renewable energy company that provides dispatchable solar power and electricity storage solutions through innovative technologies, including PV ultra solar co-generation and electro-thermal energy storage, while also manufacturing efficient solar modules for affordable and sustainable energy services.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Energy Storage, Smart Grid, Clean Manufacturing

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

long-duration energy storagethermal energy storageThermal Hydroconcentrated solar powerCSPutility-scale solargrid-scale storagedispatchable renewable energyconcentrated photovoltaicfirm renewablessolar thermalPV Ultrapower purchase agreementPPAgrid stabilityORC turbineheliostats

Historical Pricing

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Caplight Momentum Score

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Raygen Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Raygen Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series DApr 9, 2025
GrantAug 31, 2023
Series COct 18, 2021
GrantMar 19, 2020

Key People

Founding team and executive leadership

John Lasich

CTO

Executive Team

Sean Baker

Chief Operating Officer

Executive Team

Raygen Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 31, 2026

    Commissioned 1 MW solar and hydro storage plant in Brazil.

  • Apr 9, 2025

    Raised $76M in Series D funding.

Raygen Filings

SEC and related filings with document metadata.

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Raygen Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Raygen's valuation, stock price, and market status.

Firmographic Details

HeadquartersHawthorn East, Victoria
Employee Range87
Year Founded2005
Last FundingApr 9, 2025

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