CEO, RayGen Resources
Stories naming Richard Payne. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Recap of Breakthrough Victoria's end-of-year gathering in Docklands, where portfolio founders shared scaling stories and the investor noted its portfolio now spans 77 commitments worth $480.7 million.
RayGen Resources has closed a $127m Series D round led by SLB, with ARENA, AGL Energy and Photon Energy Group also taking part, to speed global rollout of its solar and thermal storage technology.
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.
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RayGen has banked a $51 million Series D round backed by SLB and Breakthrough Victoria, and signed an expansion pact with SLB; ARENA previously granted it $10 million and $15 million.
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.
The national clean-energy funder commits $10 million to RayGen for maturing its combined sunlight-and-heat storage system toward utility scale, coinciding with the opening of the company's Carwarp plant in Victoria.