New and recently funded Energy Startups
1
Country: USA | Funding: $1.8M
Valar Atomics develops small modular nuclear reactors (SMNRs) using proven high-temperature gas reactor (HTGR) technology combined with safe TRISO fuel. HTGRs are optimized to produce high-quality process heat which is used for industrial and chemical applications, providing nearby partners with affordable, abundant and clean energy. Using TRISO-coated fuel particles and helium coolant, the HTGRs passively remove decay heat without active systems or operator intervention. This design minimizes the risk of core damage even in severe accident scenarios. The company plans to mass-produce the reactors and deploy them at so-called gigasites, where they will power AI data centers, industrial facilities, and other customers.
Valar Atomics develops small modular nuclear reactors (SMNRs) using proven high-temperature gas reactor (HTGR) technology combined with safe TRISO fuel. HTGRs are optimized to produce high-quality process heat which is used for industrial and chemical applications, providing nearby partners with affordable, abundant and clean energy. Using TRISO-coated fuel particles and helium coolant, the HTGRs passively remove decay heat without active systems or operator intervention. This design minimizes the risk of core damage even in severe accident scenarios. The company plans to mass-produce the reactors and deploy them at so-called gigasites, where they will power AI data centers, industrial facilities, and other customers.
2
Country: USA | Funding: $770M
Antora Energy is electrifying heavy industry with thermal energy storage for zero-carbon heat and power.
Antora Energy is electrifying heavy industry with thermal energy storage for zero-carbon heat and power.
3
Country: USA | Funding: $2.3B
Base Power manufactures and installs large home batteries up to 40 kWh, providing 36 hours of backup power. Batteries help save on electricity costs while supporting the grid. The battery charges when energy is cheapest - at night. During peak demand, the Base battery network helps balance city grid by acting as an energy supplier. Base's AI system monitors weather and predicts power outages to protect the entire grid. It also remotely monitor battery's breaks. Homeowners can also control the battery using a mobile app. Base Power says it has grown its battery fleet to more than 500 megawatt hours in Texas and Illinois.
Base Power manufactures and installs large home batteries up to 40 kWh, providing 36 hours of backup power. Batteries help save on electricity costs while supporting the grid. The battery charges when energy is cheapest - at night. During peak demand, the Base battery network helps balance city grid by acting as an energy supplier. Base's AI system monitors weather and predicts power outages to protect the entire grid. It also remotely monitor battery's breaks. Homeowners can also control the battery using a mobile app. Base Power says it has grown its battery fleet to more than 500 megawatt hours in Texas and Illinois.
4
Country: Norway | Funding: $6M
Eqon is a technology company specialising in intelligent control systems for electrical heating, focus on reducing energy consumption. Eqon's devices can “dim” the power consumed by electric heating cables, which factories and cities use — often inefficiently — to keep surfaces warm. Eqon estimates its product can reduce the energy consumption, and thus CO2 emissions, of electric heating cables by up to 80%, though the results can vary by project.
Eqon is a technology company specialising in intelligent control systems for electrical heating, focus on reducing energy consumption. Eqon's devices can “dim” the power consumed by electric heating cables, which factories and cities use — often inefficiently — to keep surfaces warm. Eqon estimates its product can reduce the energy consumption, and thus CO2 emissions, of electric heating cables by up to 80%, though the results can vary by project.
5
Country: USA | Funding: $65M
Tempo creates thermal energy storage systems that make electrified industrial heat reliable and cost-competitive. Tempo's thermochemical batteries provide continuous heating up to 1200°C without complex upgrades and recharge in just a few hours. They utilize a magnesium-based material that can store and release heat over 1,000 times without degradation. Tempo holds key intellectual property in the field of thermochemical energy storage and partners with global clients in the cement, chemical, metallurgy, food, and other industries to achieve large-scale electrification of industrial heat.
Tempo creates thermal energy storage systems that make electrified industrial heat reliable and cost-competitive. Tempo's thermochemical batteries provide continuous heating up to 1200°C without complex upgrades and recharge in just a few hours. They utilize a magnesium-based material that can store and release heat over 1,000 times without degradation. Tempo holds key intellectual property in the field of thermochemical energy storage and partners with global clients in the cement, chemical, metallurgy, food, and other industries to achieve large-scale electrification of industrial heat.
6
Country: Italy | Funding: $5.6M
ORiS is developing technology for wirelessly transmitting power to satellites using lasers, without replacing existing equipment. The company is also building its own orbital power distribution network. Its technology is also being tested on the LOONA platform, a prototype wireless charging system for drones developed under the NATO DIANA accelerator program. ORiS reports having demonstrated wireless power transmission to a hovering drone over a distance of over 100 meters, giving the company a near-term dual-use capability and a practical testbed for the same laser power transmission capabilities it is developing for space.
ORiS is developing technology for wirelessly transmitting power to satellites using lasers, without replacing existing equipment. The company is also building its own orbital power distribution network. Its technology is also being tested on the LOONA platform, a prototype wireless charging system for drones developed under the NATO DIANA accelerator program. ORiS reports having demonstrated wireless power transmission to a hovering drone over a distance of over 100 meters, giving the company a near-term dual-use capability and a practical testbed for the same laser power transmission capabilities it is developing for space.
7
Country: India | Funding: €100M
Resolven is a next-generation vertically integrated, multi-technology Indian renewable energy platform with a ~5.5 GWp pipeline and a strategic ambition to deliver 10 GWp of high-quality renewable assets by 2030. The company provides full suite services to corporates with a focus on customised solutions.
Resolven is a next-generation vertically integrated, multi-technology Indian renewable energy platform with a ~5.5 GWp pipeline and a strategic ambition to deliver 10 GWp of high-quality renewable assets by 2030. The company provides full suite services to corporates with a focus on customised solutions.
8
Country: USA | Funding: $32.9M
Gritt develops AI-powered solar panel-installing robots that can speed up solar plant construction. Rather than building its own robots from scratch, the startup uses rented skidders and robotic arms built by companies like Kawasaki, but they are controlled by Gritt's AI models. The first job the robots handle is unloading large, glass solar panels, carrying them toward the metal frames where they need to be installed, and positioning them on the frames with sub-millimeter accuracy so workers can fasten them. Thus a typical eight-person crew can install 5 times more panels each day. The company has contracts to install gigawatts of solar panels and its customers include three of the top 10 U.S. power construction companies.
Gritt develops AI-powered solar panel-installing robots that can speed up solar plant construction. Rather than building its own robots from scratch, the startup uses rented skidders and robotic arms built by companies like Kawasaki, but they are controlled by Gritt's AI models. The first job the robots handle is unloading large, glass solar panels, carrying them toward the metal frames where they need to be installed, and positioning them on the frames with sub-millimeter accuracy so workers can fasten them. Thus a typical eight-person crew can install 5 times more panels each day. The company has contracts to install gigawatts of solar panels and its customers include three of the top 10 U.S. power construction companies.
9
Country: USA | Funding: $10M
Bluecore Energy builds compact, zero-emission small modular nuclear reactors on floating barges. Its aim is to provide clean power to ports and nearby infrastructure. The reactors heat water and transfer the resulting steam into a generator, which then spins a turbine to generate electricity. The barges can be moved by ship to next location, reducing the emission involved in its transport to zero. The system is water-cooled in a closed-loop - it only needs to be refueled once every few years.
Bluecore Energy builds compact, zero-emission small modular nuclear reactors on floating barges. Its aim is to provide clean power to ports and nearby infrastructure. The reactors heat water and transfer the resulting steam into a generator, which then spins a turbine to generate electricity. The barges can be moved by ship to next location, reducing the emission involved in its transport to zero. The system is water-cooled in a closed-loop - it only needs to be refueled once every few years.
10
Country: Germany | Funding: €165.3M
Its innovative approach to fusion energy sets Marvel Fusion apart from its competitors. Instead of relying on temperature to reach fusion conditions, Marvel Fusion uses particle acceleration, making the approach much more efficient than conventional thermal approaches to fusion.
Its innovative approach to fusion energy sets Marvel Fusion apart from its competitors. Instead of relying on temperature to reach fusion conditions, Marvel Fusion uses particle acceleration, making the approach much more efficient than conventional thermal approaches to fusion.
