New and recently funded Energy Startups
1
Country: USA | Funding: $140M
Panthalassa creates wave energy power-plants for offshore AI data centers. Its solution is a standalone, fully integrated system, which combines AI infrastructure and power generation equipment into a single offshore unit. Each lollipop-shaped node consists of a floating spherical head connected to a long, submerged vertical pipe and supporting frame. As ocean waves pass, the node bobs up and down, but crucially, the surrounding water moves only in small orbital trajectories. This relative motion between the structure and the water column causes oscillations within the pipe, effectively moving seawater up and down the system. The water then passes through internal turbines, generating electricity, before being recirculated back into the pipe, repeating the cycle.
Panthalassa creates wave energy power-plants for offshore AI data centers. Its solution is a standalone, fully integrated system, which combines AI infrastructure and power generation equipment into a single offshore unit. Each lollipop-shaped node consists of a floating spherical head connected to a long, submerged vertical pipe and supporting frame. As ocean waves pass, the node bobs up and down, but crucially, the surrounding water moves only in small orbital trajectories. This relative motion between the structure and the water column causes oscillations within the pipe, effectively moving seawater up and down the system. The water then passes through internal turbines, generating electricity, before being recirculated back into the pipe, repeating the cycle.
2
Country: Canada | Funding: $7M
Solaires uses perovskite to develop next-generation solar technology tuned for indoor light absorption. These solar cells can be used for battery-driven indoor smart gadgets, IoT devices, wireless energy transmission. Solaires' technology allows for flexible, light, thin, and translucent modules
Solaires uses perovskite to develop next-generation solar technology tuned for indoor light absorption. These solar cells can be used for battery-driven indoor smart gadgets, IoT devices, wireless energy transmission. Solaires' technology allows for flexible, light, thin, and translucent modules
3
Country: Switzerland | Funding: $2.8M
Perovskia digitally prints custom solar cells based on patent-protected technology. It's focused on solutions for the IoT and consumer electronics market. Perovskia avoids critical raw materials and reaches a much lower carbon footprint than traditional silicon solar cells.
Perovskia digitally prints custom solar cells based on patent-protected technology. It's focused on solutions for the IoT and consumer electronics market. Perovskia avoids critical raw materials and reaches a much lower carbon footprint than traditional silicon solar cells.
4
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.
5
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.
6
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.
7
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.
8
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.
9
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.
10
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.
