New and recently funded Energy Startups
1
Country: Canada | Funding: $112.9M
Moment Energy solves two problems associated with electric vehicles: what to do with used batteries and how to prevent grid overload from too many vehicles charging simultaneously. The company purchases used batteries from automakers like Mercedes-Benz and Nissan North America and integrates them into larger rechargeable energy storage systems. Moment Energy's battery energy storage systems can be used by industrial facilities or power companies for load balancing and peak shaving - the process of smoothing electricity flows using batteries to manage peaks in demand.
Moment Energy solves two problems associated with electric vehicles: what to do with used batteries and how to prevent grid overload from too many vehicles charging simultaneously. The company purchases used batteries from automakers like Mercedes-Benz and Nissan North America and integrates them into larger rechargeable energy storage systems. Moment Energy's battery energy storage systems can be used by industrial facilities or power companies for load balancing and peak shaving - the process of smoothing electricity flows using batteries to manage peaks in demand.
2
Country: India
ABX3 PV is developing a technology for producing perovskite-based solar cells on a sheet substrate. Perovskite-based modules on sheets are a traditional architecture with a rigid, flat platform, efficient thanks to thermal passivation. The solution-processing technology of perovskite inks and their ease of fabrication make them well-suited for sheet-to-sheet production, ensuring high productivity and cost-effective manufacturing. the creation of lightweight and flexible solar cells. This is especially important for sheet-to-sheet production for applications such as flexible electronics, wearables, and roll-to-roll manufacturing processes.
ABX3 PV is developing a technology for producing perovskite-based solar cells on a sheet substrate. Perovskite-based modules on sheets are a traditional architecture with a rigid, flat platform, efficient thanks to thermal passivation. The solution-processing technology of perovskite inks and their ease of fabrication make them well-suited for sheet-to-sheet production, ensuring high productivity and cost-effective manufacturing. the creation of lightweight and flexible solar cells. This is especially important for sheet-to-sheet production for applications such as flexible electronics, wearables, and roll-to-roll manufacturing processes.
3
Country: Canada | Funding: $7M
Soma Energy has built an AI platform serving power producers and data centers, helping both optimize their energy assets in real time to save money and extend their available power. The technology coordinates resources including wind, solar and batteries and the management of energy demands such as data center workloads.
Soma Energy has built an AI platform serving power producers and data centers, helping both optimize their energy assets in real time to save money and extend their available power. The technology coordinates resources including wind, solar and batteries and the management of energy demands such as data center workloads.
4
Country: USA | Funding: $18.4M
Helix Earth is focused on rethinking how commercial HVAC systems manage temperature and humidity — a long-standing challenge for building owners facing rising energy costs, aging infrastructure and stricter performance expectations. At the core of the company’s approach is a novel system that separates temperature control from moisture management, allowing each to be optimized independently. Traditional air conditioning systems handle both simultaneously, often leading to inefficiencies, excess energy use and inconsistent indoor air quality. By decoupling these processes, Helix Earth aims to deliver lower energy bills, improved comfort and reduced wear on existing equipment.
Helix Earth is focused on rethinking how commercial HVAC systems manage temperature and humidity — a long-standing challenge for building owners facing rising energy costs, aging infrastructure and stricter performance expectations. At the core of the company’s approach is a novel system that separates temperature control from moisture management, allowing each to be optimized independently. Traditional air conditioning systems handle both simultaneously, often leading to inefficiencies, excess energy use and inconsistent indoor air quality. By decoupling these processes, Helix Earth aims to deliver lower energy bills, improved comfort and reduced wear on existing equipment.
5
Country: USA
Merino Energy is a home energy company that focuses on electrifying home heating & cooling. Merino is offering its heat pumps for a flat rate, which includes the cost of professional installation. A certified contractor can get the system up and running in under an hour, according to the company.
Merino Energy is a home energy company that focuses on electrifying home heating & cooling. Merino is offering its heat pumps for a flat rate, which includes the cost of professional installation. A certified contractor can get the system up and running in under an hour, according to the company.
6
Country: USA | Funding: $761M
Slate Auto is an electric vehicle company developing customizable modular electric pickup trucks.
Slate Auto is an electric vehicle company developing customizable modular electric pickup trucks.
7
Country: USA | Funding: $26M
Critical Loop utilizes modular systems and intelligent software to provide on-demand power solutions for AI data centers and other objects. Critical Loop’s system switches to on-site batteries and solar during the peak hours, then back to the grid when demand drops. The station controller predicts and manages on-site battery needs. The company deploys systems in days or weeks, far quicker than utilities’ years-long infrastructure upgrades, and is already serving L.A.’s ports, logistics and factories.
Critical Loop utilizes modular systems and intelligent software to provide on-demand power solutions for AI data centers and other objects. Critical Loop’s system switches to on-site batteries and solar during the peak hours, then back to the grid when demand drops. The station controller predicts and manages on-site battery needs. The company deploys systems in days or weeks, far quicker than utilities’ years-long infrastructure upgrades, and is already serving L.A.’s ports, logistics and factories.
8
Country: Sweden | Funding: $80.8M
Minesto has developed a technology that generates electricity from predictable tidal currents which is similar to a kite flying in the wind. Its power plant consists of a wing mounted with a turbine, directly connected to a generator in the nacelle. A control system steers the boat along a predetermined trajectory by moving the rudders and ailerons at the rear of the kite. The wing uses the hydrodynamic lift generated by the underwater current to propel the kite. Thanks to the onboard control system, the kite autonomously steers along a predetermined figure-eight trajectory, moving the turbine through the water at a flow speed several times greater than the actual current. The turbine shaft rotates a generator, which supplies electricity to the grid via a power cable in the tether and a bottom cable to the shore. The concept has already been demonstrated and proven.
Minesto has developed a technology that generates electricity from predictable tidal currents which is similar to a kite flying in the wind. Its power plant consists of a wing mounted with a turbine, directly connected to a generator in the nacelle. A control system steers the boat along a predetermined trajectory by moving the rudders and ailerons at the rear of the kite. The wing uses the hydrodynamic lift generated by the underwater current to propel the kite. Thanks to the onboard control system, the kite autonomously steers along a predetermined figure-eight trajectory, moving the turbine through the water at a flow speed several times greater than the actual current. The turbine shaft rotates a generator, which supplies electricity to the grid via a power cable in the tether and a bottom cable to the shore. The concept has already been demonstrated and proven.
9
Country: USA | Funding: $96.2M
Natel Energy develops and produces hydraulic turbines FishSafe that improve fish passage, modernize existing power plants and ensure reliable megawatts of grid power. The company uses computer modeling and scale model testing before integrating turbine into existing hydropower plant. It's collaborating with leading turbine manufacturers to implement its designs in hydropower projects worldwide. FishSafe turbines feature thick, forward-curved blades. They ensure 98-100% fish survival rate when passing through them, minimize wear from sediment, extend service life, save money on blade repairs and increase plant productivity by up to 10% by preventing flow losses in bypasses and pressure losses in fine mesh.
Natel Energy develops and produces hydraulic turbines FishSafe that improve fish passage, modernize existing power plants and ensure reliable megawatts of grid power. The company uses computer modeling and scale model testing before integrating turbine into existing hydropower plant. It's collaborating with leading turbine manufacturers to implement its designs in hydropower projects worldwide. FishSafe turbines feature thick, forward-curved blades. They ensure 98-100% fish survival rate when passing through them, minimize wear from sediment, extend service life, save money on blade repairs and increase plant productivity by up to 10% by preventing flow losses in bypasses and pressure losses in fine mesh.
10
Country: USA | Funding: $4.2B
Crusoe designs, builds, and operates the full infrastructure data centers for artificial intelligence, positioning itself as an AI factory company. The company’s vertically integrated model spans from power sourcing, which includes wind, solar, geothermal, and converting otherwise wasted gas into electricity, to operating large-scale, modular AI data center infrastructure.
Crusoe designs, builds, and operates the full infrastructure data centers for artificial intelligence, positioning itself as an AI factory company. The company’s vertically integrated model spans from power sourcing, which includes wind, solar, geothermal, and converting otherwise wasted gas into electricity, to operating large-scale, modular AI data center infrastructure.
