Investor · 3 deals
Every published round Equinor Ventures took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| RayGen Resources | Series D+ | 10 Apr 2025 | $127m | Participant | @AuManufacturing | |
| RayGen | Series D+ | Apr 2025 | $127m | Participant | Startup Daily (23 Dec 2025), SmartCompany, Forbes Australia, Startup Daily (10 Apr 2025), RenewEconomy | |
| InfraVision | Series A | Sep 2023 | $36m | Participant | @AuManufacturing, RenewEconomy, SmartCompany, Startup Daily |
Companies Equinor Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| InfraVision | Aerial robotics for power grid infrastructure | Sep 2023, Series A | 1 | 0 |
| RayGen | Builds large-scale solar and thermal storage infrastructure | Apr 2025, Series D+ | 1 | 0 |
| RayGen Resources | 10 Apr 2025, Series D+ | 1 | 0 |
Fund closes reported for Equinor Ventures, as distinct from the investments it has made.
Companies Equinor Ventures has backed that another company then bought. An exit for the holding, not a deal Equinor Ventures did.
Stories naming Equinor Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Solar storage firm RayGen has wrapped up a $127 million Series D a year after it began, with SLB leading and Breakthrough Victoria, ARENA and energy companies among the backers.
Also RenewEconomy·SmartCompany·Startup Daily·Forbes Australia
Roundup of the week's funding news: nine companies across Australia and New Zealand secured investment spanning clean energy, construction logistics, legal tech, coaching, research tools, creator media, medtech and marketing software.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·LaunchVic
RayGen has banked a $51 million Series D co-led by SLB and Breakthrough Victoria to scale its solar and thermal storage technology, alongside earlier backers AGL Energy, Equinor Ventures and ARENA.
Breakthrough Victoria announces putting $20 million into RayGen Resources, a Victorian solar and thermal energy storage maker, to support clean energy, local manufacturing and the company's growth alongside its existing backers.