New and recently funded Energy Startups
1
Country: USA | Funding: $425M
Blue Energy builds nuclear power plants in shipyards because these facilities allow for the processing of large volumes of steel and the easy delivery of it to the construction site after completion. Unlike many nuclear energy startups, Blue Energy isn't developing a new reactor, but rather reimagining the nuclear plant construction process. By shifting the bulk of specialized construction work to the shipyard, Blue Energy significantly reduces project costs. The reactor itself is built in a factory and delivered to the shipyard by barge. While this limits the total number of sites Blue Energy can develop, it can still use rivers to expand into the US, Europe, Africa, and Asia.
Blue Energy builds nuclear power plants in shipyards because these facilities allow for the processing of large volumes of steel and the easy delivery of it to the construction site after completion. Unlike many nuclear energy startups, Blue Energy isn't developing a new reactor, but rather reimagining the nuclear plant construction process. By shifting the bulk of specialized construction work to the shipyard, Blue Energy significantly reduces project costs. The reactor itself is built in a factory and delivered to the shipyard by barge. While this limits the total number of sites Blue Energy can develop, it can still use rivers to expand into the US, Europe, Africa, and Asia.
2
Country: Australia | Funding: $37.2M
Power Ledger is developing a blockchain-based P2P energy trading platform. The company uses blockchain technology to address pressing issues of grid instability and congestion caused by the integration of renewable energy sources into the grid. Current REC (Recommended Energy Certificate) markets are plagued by unnecessary complexity and data issues. The market lacks transparency, necessitating manual management of all REC procurement processes, including KYC verification, contracting, payments, and settlement. Powerledger's platform offers transparent and cost-effective REC trading solution that benefits all stakeholders in the renewable energy sector.
Power Ledger is developing a blockchain-based P2P energy trading platform. The company uses blockchain technology to address pressing issues of grid instability and congestion caused by the integration of renewable energy sources into the grid. Current REC (Recommended Energy Certificate) markets are plagued by unnecessary complexity and data issues. The market lacks transparency, necessitating manual management of all REC procurement processes, including KYC verification, contracting, payments, and settlement. Powerledger's platform offers transparent and cost-effective REC trading solution that benefits all stakeholders in the renewable energy sector.
3
Country: Switzerland | Funding: €39.1M
Pexapark is developing pricing analytics platform for renewable energy that connects clean energy producers and integrates data analytics, peer-to-peer learning, third-party marketplaces and expert advice on power purchase agreements and operations and maintenance in a single location. Its analytics engine leverages peer-to-peer data to deliver deeper, more accurate, and more realistic results.
Pexapark is developing pricing analytics platform for renewable energy that connects clean energy producers and integrates data analytics, peer-to-peer learning, third-party marketplaces and expert advice on power purchase agreements and operations and maintenance in a single location. Its analytics engine leverages peer-to-peer data to deliver deeper, more accurate, and more realistic results.
4
Country: USA | Funding: $108.1M
Air Company converts carbon dioxide into products such as perfume, vodka, hand sanitizer, and ethanol-based aviation fuel. The company develops and licenses catalytic process technologies that enable the production of fuels and chemicals closer to their use. It's flagship product is sustainable aviation fuel AIRMADE SAF. AIRCO designs, manufactures, and scales physical production systems that transform synthetic fuels and chemical processes into operational infrastructure. These systems are deployed as modular or large-scale assets and are designed to operate in environments where uninterrupted fuel supply, availability, and reliability cannot be guaranteed.
Air Company converts carbon dioxide into products such as perfume, vodka, hand sanitizer, and ethanol-based aviation fuel. The company develops and licenses catalytic process technologies that enable the production of fuels and chemicals closer to their use. It's flagship product is sustainable aviation fuel AIRMADE SAF. AIRCO designs, manufactures, and scales physical production systems that transform synthetic fuels and chemical processes into operational infrastructure. These systems are deployed as modular or large-scale assets and are designed to operate in environments where uninterrupted fuel supply, availability, and reliability cannot be guaranteed.
5
Country: USA | Funding: $111.7M
VEIR develops superconducting power transmission systems for data centers and renewable energy. Its superconducting rack-mounted wire (STAR) technology delivers 5-10 times more power than conventional cables at the same voltage level. These advanced cables operate at significantly higher currents with negligible energy loss compared to both traditional and other advanced conductors. This innovation not only increases efficiency but also minimizes the physical space required to transmit large amounts of power. VEIR uses a simple, open-loop passive nitrogen cooling system, where distributed evaporation delivers 20 times more cooling power per kilogram of liquid nitrogen.
VEIR develops superconducting power transmission systems for data centers and renewable energy. Its superconducting rack-mounted wire (STAR) technology delivers 5-10 times more power than conventional cables at the same voltage level. These advanced cables operate at significantly higher currents with negligible energy loss compared to both traditional and other advanced conductors. This innovation not only increases efficiency but also minimizes the physical space required to transmit large amounts of power. VEIR uses a simple, open-loop passive nitrogen cooling system, where distributed evaporation delivers 20 times more cooling power per kilogram of liquid nitrogen.
6
Country: Italy | Funding: $166.9M
Energy Dome develops a low-cost and efficient system for long-duration electricity storage using liquid CO2. Its CO2 Battery Plus technology aims to improve the efficiency and flexibility of gas-fired power generation by combining energy storage with waste heat recovery. The CO2 Battery technology stores energy by compressing CO2. In the conventional setup, both pressure and heat generated during charging are stored separately: heat in a thermal storage system for later use during discharging.
Energy Dome develops a low-cost and efficient system for long-duration electricity storage using liquid CO2. Its CO2 Battery Plus technology aims to improve the efficiency and flexibility of gas-fired power generation by combining energy storage with waste heat recovery. The CO2 Battery technology stores energy by compressing CO2. In the conventional setup, both pressure and heat generated during charging are stored separately: heat in a thermal storage system for later use during discharging.
7
Country: USA
Solatube develops system for bringing natural daylight into buildings. Its tubular daylighting device (TDD) is a compact and airtight alternative to traditional skylights, minimizing glare and solar heat gain. Solatube's tubular daylighting systems are modular and can be installed in hard-to-reach spaces and rooms, bypassing obstacles that skylights and windows simply cannot reach. They also provide ventilation and beautifully illuminate interiors, improve productivity and well-being, and reduce energy costs. Solatube provides a full range of consulting services for commercial properties, from design to installation, and is developing global distribution in over 100 countries. Acquired by Kingspan Light & Air USA
Solatube develops system for bringing natural daylight into buildings. Its tubular daylighting device (TDD) is a compact and airtight alternative to traditional skylights, minimizing glare and solar heat gain. Solatube's tubular daylighting systems are modular and can be installed in hard-to-reach spaces and rooms, bypassing obstacles that skylights and windows simply cannot reach. They also provide ventilation and beautifully illuminate interiors, improve productivity and well-being, and reduce energy costs. Solatube provides a full range of consulting services for commercial properties, from design to installation, and is developing global distribution in over 100 countries. Acquired by Kingspan Light & Air USA
8
Country: Ireland | Funding: €224M
UrbanVolt is a leading provider of clean solar energy in the UK and Ireland. The company finances, installs, and maintains solar power systems for businesses, schools and residential customers. Its Solar as a Service option provides businesses with access to rooftop solar panels without any upfront costs or complications. UrbanVolt covers the costs, design, installation, and maintenance, allowing them to pay only for the energy consumed. A mobile app and desktop platform allow customers to track solar panel performance in real time, monitor energy production, and stay informed about their environmental impact. The Power Purchase Agreement (PPA) is consumption-based, meaning customers pay only for the electricity they consume at a fixed price.
UrbanVolt is a leading provider of clean solar energy in the UK and Ireland. The company finances, installs, and maintains solar power systems for businesses, schools and residential customers. Its Solar as a Service option provides businesses with access to rooftop solar panels without any upfront costs or complications. UrbanVolt covers the costs, design, installation, and maintenance, allowing them to pay only for the energy consumed. A mobile app and desktop platform allow customers to track solar panel performance in real time, monitor energy production, and stay informed about their environmental impact. The Power Purchase Agreement (PPA) is consumption-based, meaning customers pay only for the electricity they consume at a fixed price.
9
Country: USA
AES Distributed Energy builds solar power plants with energy storage for commercial and residential customers. The company provides a full range of services, including design and energy efficiency consulting, permitting, plant construction, solar panel installation, commissioning, grid connection, and system monitoring. Most installations take just a few days. Customers can track solar energy production and see savings in real time.
AES Distributed Energy builds solar power plants with energy storage for commercial and residential customers. The company provides a full range of services, including design and energy efficiency consulting, permitting, plant construction, solar panel installation, commissioning, grid connection, and system monitoring. Most installations take just a few days. Customers can track solar energy production and see savings in real time.
10
Country: Netherlands | Funding: €36.4M
Hardt develops and supplies high-tech transport capsules and propulsion solutions for Hyperloop projects worldwide. Propulsion solutions include all active components required on the vehicle and infrastructure for magnetic levitation, control, propulsion and lane switching. The company has also developed an open specification for passive infrastructure and established the European Hyperloop Center, an open center where Hardt, along with other developers test Hyperloop vehicles. This center serves as a hub for refining and validating open specifications, allowing various stakeholders to contribute to the ongoing development of Hyperloop technology.
Hardt develops and supplies high-tech transport capsules and propulsion solutions for Hyperloop projects worldwide. Propulsion solutions include all active components required on the vehicle and infrastructure for magnetic levitation, control, propulsion and lane switching. The company has also developed an open specification for passive infrastructure and established the European Hyperloop Center, an open center where Hardt, along with other developers test Hyperloop vehicles. This center serves as a hub for refining and validating open specifications, allowing various stakeholders to contribute to the ongoing development of Hyperloop technology.
