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RedEarth - About the company

RedEarth is a series B company based in Brisbane (Australia), founded in 2013. It operates as a Manufacturer of on-grid, off-grid, and hybrid energy storage systems. RedEarth has raised $20M in funding from Ord Minnett. The company has 448 active competitors, including 59 funded and 22 that have exited. Its top competitors include companies like Wartsila, Alsym Energy and Statcon Energiaa.

Company Details

Manufacturer of on-grid, off-grid, and hybrid energy storage systems. The company’s systems are scalable to suit various needs. They offer software that enables customers to operate their own private power plants. The business designs, engineers, assembles, and tests its products. It also provides support and warranty services.
Social
Facebook
Email ID
*****@redearth.energy
Phone Number
+61 **********
Key Metrics
Founded Year
2013
Location
Brisbane, Australia
Stage
Series B
Total Funding
$20M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
41 as on Jul 31, 2026
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RedEarth's funding and investors

RedEarth has raised a total funding of $20M over 2 rounds. Its latest funding round was a Series B round on Oct 11, 2021 for $*****. 3 investors participated in its latest round. RedEarth has 4 institutional investors.

Here is the list of recent funding rounds of RedEarth:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 11, 2021
3607621
Series B
5288520
4679212
2683190
2582726
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RedEarth's founders and board of directors

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RedEarth's employee count trend

RedEarth has 41 employees as of Jul 26. Here is RedEarth's employee count trend over the years:
Employee count trend for RedEarth
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RedEarth's Competitors and alternates

Top competitors of RedEarth include Wartsila, Alsym Energy and Statcon Energiaa. Here is the list of Top 10 competitors of RedEarth, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Wartsila
Wartsila
1834, Vaasa (Finland), Acquired
Provider of technologies and lifecycle solutions for the marine and energy markets
-
73/100
2nd
Logo for Alsym Energy
Alsym Energy
2015, Woburn (United States), Series B
Provider of non-flammable battery solutions
$104M
64/100
3rd
Logo for Statcon Energiaa
Statcon Energiaa
1991, Noida (India), Acquired
Vertically integrated company that manufactures solar power electronics and provides solar EPC services
-
-
62/100
4th
Logo for Connected Energy
Connected Energy
2010, Newcastle Upon Tyne (United Kingdom), Series B
Provider of battery energy storage systems for various industries
$36.4M
57/100
5th
Logo for On.Energy
On.Energy
2016, Miami (United States), Series B
Developer of energy storage technologies
$20M
55/100
6th
Logo for Newen Systems
Newen Systems
2020, Vadodara (India), Funding Raised
Provider of battery energy storage systems and power electronics solutions
-
55/100
7th
Logo for Viridi Parente
Viridi Parente
2009, Buffalo (United States), Series C
Manufacturer of modular lithium-ion battery energy storage systems for various applications
$115M
55/100
8th
Logo for Saft
Saft
1913, Levallois Perret (France), Acquired
Manufacturer of lithium-Ion battery
-
-
55/100
9th
Logo for Eddy Grid
Eddy Grid
2023, Utrecht (Netherlands), Series A
Provider of energy storage solution
$9.2M
53/100
10th
Logo for Gamesa Electric
Gamesa Electric
2004, Zamudio (Spain), Acquired
Manufacturer of electrical equipment across various sectors
-
52/100
17th
Logo for RedEarth
RedEarth
2013, Brisbane (Australia), Series B
Manufacturer of on-grid, off-grid, and hybrid energy storage systems
$20M
47/100
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RedEarth's Investments and acquisitions

RedEarth has made no investments or acquisitions yet.

Reports related to RedEarth

Here is the latest report on RedEarth's sector:

News related to RedEarth

Media has covered RedEarth for a total of 2 events in the last 1 year, 2 of them have been about company updates.
RedEarth unveils V2G EV chargerpv magazineOct 24, 2025RedEarth
RedEarth to manufacture bi-directional EV chargersAustralian Manufacturing ForumNov 18, 2024RedEarth, AmbiBOX
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FAQs about RedEarth

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