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.
- Website
- redearth.energy
- 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
17th among 448 active competitors
Employee Count
41 as on Jul 31, 2026
Legal entities associated with RedEarth
RedEarth is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Red Earth Energy Storage Limited CIN: 163828920 , Australia, Active | May 16, 2013 | - | - |
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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 |
View details of RedEarth's funding rounds and investors
RedEarth's founders and board of directors
Founder? Claim ProfileRedEarth's employee count trend
RedEarth has 41 employees as of Jul 26. Here is RedEarth's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of technologies and lifecycle solutions for the marine and energy markets | - | 73/100 | ||
2nd | Alsym Energy 2015, Woburn (United States), Series B | Provider of non-flammable battery solutions | $104M | 64/100 | |
3rd | Statcon Energiaa 1991, Noida (India), Acquired | Vertically integrated company that manufactures solar power electronics and provides solar EPC services | - | - | 62/100 |
4th | Connected Energy 2010, Newcastle Upon Tyne (United Kingdom), Series B | Provider of battery energy storage systems for various industries | $36.4M | 57/100 | |
5th | On.Energy 2016, Miami (United States), Series B | Developer of energy storage technologies | $20M | 55/100 | |
6th | Newen Systems 2020, Vadodara (India), Funding Raised | Provider of battery energy storage systems and power electronics solutions | - | 55/100 | |
7th | Viridi Parente 2009, Buffalo (United States), Series C | Manufacturer of modular lithium-ion battery energy storage systems for various applications | $115M | 55/100 | |
8th | Manufacturer of lithium-Ion battery | - | - | 55/100 | |
9th | Eddy Grid 2023, Utrecht (Netherlands), Series A | Provider of energy storage solution | $9.2M | 53/100 | |
10th | Gamesa Electric 2004, Zamudio (Spain), Acquired | Manufacturer of electrical equipment across various sectors | - | 52/100 | |
17th | Manufacturer of on-grid, off-grid, and hybrid energy storage systems | $20M | 47/100 |
Looking for more details on RedEarth's competitors? Click here to see the top ones
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.
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Redearth's Australian vehicle-to-grid launch faces complexity, delays, and software compatibility issuesEnergy-Storage•Oct 27, 2025•RedEarth
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RedEarth unveils ‘Microgrid-in-a-Box’ with partners, aiming for 2026 rolloutEnergy-Storage•Jun 03, 2025•RedEarth, Nebulaate
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RedEarth to manufacture bi-directional EV chargersAustralian Manufacturing Forum•Nov 18, 2024•RedEarth, AmbiBOX
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Audience Precision wins RedEarth Energy Storage accountAdNews•Nov 30, 2021•Audience Precision, RedEarth
•
Solar battery network startup RedEarth raises $12 million as it looks to ASX listingStartup Daily•Oct 11, 2021•RedEarth, Ord Minnett, Perennial, Thorney
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RedEarth deal to see thousands of new Australian homes built with solar-battery systemspv magazine•Mar 18, 2021•RedEarth
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