Ryefield Energy Valuation, Funding & Investors

Ryefield Energy is valued at $1.4B as of May 2023.

Last Ryefield Energy valuation

$1.4B

Undisclosed stage · May 2023

Last Ryefield Energy funding round

$143M

Undisclosed stage · May 2023

Cumulative funding Ryefield Energy raised

$143M

across 1 funding round

Key investors in Ryefield Energy

  • Panorama Capital
  • Sparkedge Capital

Ryefield Energy Overview

About Ryefield Energy

Ryefield Energy is a producer of hybrid inverters, battery energy storage systems, and EV chargers for residential, commercial, and utility-scale applications. Based in Shenzhen, China, the company delivers products like the H3 series inverters with efficiencies up to 97.6 percent and storage systems supporting 5-20 kWh capacities. It exports to over 50 countries, including partnerships with European distributors for solar-plus-storage deployments.


Founded

2019

HQ

ChinaWenzhou

Status

Privately held

Customer focus

B2C & B2B

Revenue model

Product sales

Valuation

$1.4B (May 2023)

Ryefield Energy Valuation

Ryefield Energy is currently valued at $1.4B, based on its undisclosed-stage round in May 2023.

The $143M round was led by Sparkedge Capital, with participation from Panorama Capital.

Ryefield Energy valuation by funding round

Ryefield Energy valuation by funding round
DateStageValuation
May 2023Undisclosed stage$1.4B

Ryefield Energy Funding History

Ryefield Energy has raised a total of $143M across 1 funding round.

Ryefield Energy funding rounds

Ryefield Energy funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2023Undisclosed stageSparkedge Capital (lead); Panorama Capital$143M$1.4BRyefield Energy is a China-based battery energy storage company that reached unicorn status in May 2023 after raising approximately $140-142 million in a funding round led by Sparkedge Capital, with participation from Panorama Capital. The round valued the company at $1.4 billion post-money. This investment highlights growing interest in energy storage solutions amid the global push for renewable energy integration. Sparkedge Capital, a firm focused on clean energy and advanced manufacturing, has been active in leading rounds for energy storage and related sectors, as seen in their portfolio investments in companies like iPotisEdge and JingTsing. The company operates in Asia's competitive cleantech landscape, contributing to the region's dominance in battery storage innovation.

Who has invested in Ryefield Energy?

2 investors have backed Ryefield Energy across its funding rounds, including Panorama Capital and Sparkedge Capital.

Lead investors include Sparkedge Capital.


Ryefield Energy Investors

Investors in Ryefield Energy by funding rounds participated
InvestorHQRoundsRoleFirst check

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Ryefield Energy Competitors

Ryefield Energy competitors include listed companies like Emerald Horizon, ADI Global Distribution, Henan Yicheng New Energy and GoodWe Technologies, and private ones like Hithium Energy Storage and SK on.

Public and private companies comparable to Ryefield Energy
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Emerald HorizonAustriaAustriaPublicly listed$259K($523K)$1.2B-
ADI Global DistributionUnited StatesUnited StatesPublicly listed$4.8B($54M)$1.6B-
Henan Yicheng New EnergyChinaChinaPublicly listed$527M($30M)$1B-
GoodWe TechnologiesChinaChinaPublicly listed$1.3B$47M$2.1B1.2x
Hithium Energy StorageChinaXiamenPrivate--$4.2B-
SK onSouth KoreaSeoulPrivate--$17B-

Ryefield Energy Public Comps

Ryefield Energy is still privately-owned, but its public comps include Amprius, American Superconductor, FuelCell Energy, Eos Energy Enterprises, Inox Wind, Gunkul engineering PCL, Camel Group Co, Shoals, T1 Energy and Landis+Gyr.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Amprius$72M($41M)18.4x10.9x(32.1x)854.4x
American Superconductor$299M$19M4.3x3.8x67.5x45.3x
FuelCell Energy$158M($149M)6.3x6.7x(6.7x)(12.0x)
Eos Energy Enterprises$114M($930M)21.8x9.9x(2.7x)(9.5x)
Inox Wind$439M$100M3.7x3.0x16.4x15.1x
Gunkul engineering PCL$234M$101M7.2x5.6x16.7x15.6x
Camel Group Co$2.4B$220M0.5x0.5x5.6x6.1x
Shoals$475M$72M3.2x2.6x20.9x12.8x

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Common questions about Ryefield Energy

When was Ryefield Energy founded?Ryefield Energy was founded in 2019.
Where is Ryefield Energy headquartered?Ryefield Energy is headquartered in Wenzhou, China.
Is Ryefield Energy publicly listed?No, Ryefield Energy is a private, VC-backed company.
What is Ryefield Energy's valuation?Ryefield Energy was last valued at $1.4B in its undisclosed-stage round in May 2023.
How much funding has Ryefield Energy raised?Ryefield Energy has raised $143M across 1 funding round.
What was Ryefield Energy's last funding round?Ryefield Energy's last funding round was a $143M undisclosed-stage round in May 2023, led by Sparkedge Capital.
Who are Ryefield Energy's investors?Ryefield Energy's investors include Sparkedge Capital and Panorama Capital.
Which companies are comparable to Ryefield Energy?Companies comparable to Ryefield Energy include Emerald Horizon, ADI Global Distribution, Henan Yicheng New Energy, GoodWe Technologies, Hithium Energy Storage and SK on.

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