Top 10 Energy Saving startups

Updated: February 08, 2024

Energy-saving startups are developing innovative technologies that help consumers and businesses reduce energy consumption, lower carbon footprints, and achieve significant cost savings while promoting sustainability and environmental stewardship.
1
Country: Sweden | Funding: $10.9B
H2 Green Steel operates a steel production plant to accelerate the decarbonization of the steel industry using green energy.
2
Country: USA | Funding: $495.5M
Arcadia Power is a nationwide home energy platform providing clean energy and savings.
3
Country: USA | Funding: $491.5M
Turntide‘s Smart Motor System optimizes motor energy use and helps eliminate mechanical issues.
4
Country: USA | Funding: $443.5M
Electra is decarbonizing the steel industry by reducing power consumption of electric arc furnaces. It allows to start and stop production on demand and uses the lowest-cost, intermittent renewable electricity to reduce energy costs.
5
Country: Ireland | Funding: €184M
Urban Volt is an energy-saving LED lighting firm. They retrofit commercial premises with LED lighting for no upfront cost. Their unique Light as a Service business model allows our clients to enjoy cash and energy savings from the moment of installation.
6
Country: USA | Funding: $174.6M
Sense is offering home owners better insight into their energy usage levels, so they can adjust accordingly. The tech, which relies on AI/ML, works with smart meters from companies like Landis+Gyr and Schneider Electric.
7
Country: USA | Funding: $123.7M
Viridi, which operates through Green Machine Equipment and Volta Energy Products, builds renewable energy products and systems that substitute for fossil fuel, lead-acid batteries and other older technology.
8
Country: USA | Funding: $119M
Aeroseal seals both air ducts and building envelopes so you waste less energy and reduce your bill
9
Country: USA | Funding: $108.3M
GoExpedi is a platform for the oil and gas industry to more efficiently procure critical parts and supplies
10
Country: USA | Funding: $83.5M
Sealed covers the upfront costs to install energy-saving upgrades like insulation, smart tech, and HVAC to make your house feel like new.
11
Country: USA | Funding: $82M
Budderfly is an energy management company with devices that measure and report on all elements of energy use.
12
Country: Netherlands | Funding: €43M
Sensorfact offers smart energy savings in the manufacturing industry.
13
Country: France | Funding: €40M
METRON's unique AI, supported by Machine Learning and ontologies, is fully context-aware and provides unrivaled insight into energy usage. METRON-EVA, the "Energy Virtual Assistant", collaborates with experts on energy intelligence strategies.
14
Country: Colombia | Funding: $26.5M
Bia is an energy trader that will initially focus on businesses in Colombia, offering them smart meters and a consumption analysis platform with real-time analytics. The startup claims to reduce consumption by analyzing data directly from a mobile application and that an average user could save up to 10% on their energy bill each month with these measurements.
15
Country: UK | Funding: $16.9M
Verv is an intelligent home hub, which gives the power to take control of energy usage to ultimately reduce energy bills.
16
Country: Slovakia | Funding: €16M
FUERGY has developed a highly-scalable hardware device and proprietary AI-powered software backed by blockchain called “brAIn”. This unique solution helps to optimize energy consumption and maximize efficiency of renewable energy sources. Thanks to an automated energy management it also significantly reduces the user's energy costs.
17
Country: Singapore | Funding: $16.2M
SEPPURE creates sustainable nanofiltration solutions to separate chemical mixtures at a molecular level with minimal energy use.
18
Country: USA | Funding: $11.5M
Copper is a wireless energy monitor that helps utilities leverage real-time energy data to engage consumers with actionable energy insights.
19
Country: Australia | Funding: $7.9M
Wattwatchers is a new open platform, low cost energy-saving network for homes and businesses. It combines a suite of Class 1, all-IP, metering, monitoring and control devices with co-developed software interfaces, cloud -service management tools and Energy Service offerings.
20
Country: Sweden | Funding: $7.6M
Greenely is the smart digital energy company that helps to reduce energy consumption and save money.
21
Country: USA | Funding: $6.5M
InPipe Energy enable water agencies to manage pressure while producing renewable energy-turning excess pressure into a revenue stream.
22
Country: Israel | Funding: $6M
Helios novel chemical processes reduce carbon emissions, energy consumption and OpEx in Steel, Copper, Nickel, Silicon and more.
23
Country: Estonia | Funding: €5.3M
Bisly is an Estonian startup developing intelligent building solutions.
24
Country: USA | Funding: $5.5M
INOVUES is a window technology company that provides the only solution that enables existing building facades to be retrofitted with the latest energy-saving and smart glass innovations without removal or replacement
25
Country: USA | Funding: $5.1M
AeroShield Materials is creating thermally insulating transparent inserts. The inserts are only four millimeters of AeroShield's material and, when placed inside a double-pane window, provides 65 percent more energy efficiency.
26
Country: France
Evolution Energie provides energy management solutions to large companies & utility intensive industries.
27
Country: Spain | Funding: $3.8M
DEXMA is a SaaS-based platform providing energy management software to the corporate, public administration, and industrial sectors.
28
Country: Germany | Funding: €3M
Lition is a licensed energy provider with a blockchain based peer2peer energy trading solution. Lition is up and running with real customers and real power plants. By bypassing unnecessary middle men, Lition’s Energy Exchange saves customers an average of 20% on their utility bills while simultaneously increasing power plant revenue by up to 30%.
29
Country: UK
FeTu specialises in reducing energy consumption and emissions through its self-developed two-stage turbine technology, which applications in the energy market and manufacturing industries including aerospace and marine.
30
Country: Estonia | Funding: €2.4M
R8 Digital Operator develops artificially intelligent add-on software for your existing Building Automation System (BAS, BMS).
31
Country: Singapore | Funding: SGD3M
TablePointer is the AI solution for small and medium commercial facilities, helping them optimise energy usage and increase profitability.
32
Country: Australia
Powershop is an Australian based power company - providing service to residential and commercial customers.
33
Country: Estonia | Funding: €1.8M
Gridio is aiming to help people adjust electricity consumption so they can save money and energy
34
Country: Saudi Arabia | Funding: $1.5M
Iyris is creating special, high-tech glass that blocks heat, saves energy and produces electricity.
35
Country: Ireland | Funding: $1.4M
FenestraPro is software for architects to design environmentally efficient nondomestic building facades more cost effectively.
36
Country: USA
Evolve Energy is the energy company of the future - Evolve saves consumers 50% on their energy costs through AI and IOT. Acquired by Octopus Energy
37
Country: India | Funding: ₹500K
MinionLabs helps users to reduce their electricity costs and improve their productivity by providing real-time device level electricity consumption insights using a smart energy device delivered through its SaaS platform.
38
Country: Sweden | Funding: SEK59M
AlixLabs has developed a new, innovative method for manufacturing semiconductor components with a high degree of packing, eliminating several steps in the semiconductor manufacturing process
39
Country: Finland | Funding: €800K
Synergi is on a mission to make electricity consumption smart and controllable for households, giving Europeans more power over their energy bills and emission output and balancing the electricity grid. 
40
Country: Spain | Funding: €551.3K
Bamboo Energy develops a platform for retailers and aggregators to easily manage and trade distributed flexibility resources. The platform forecasts consumption, flexibility, and market conditions for optimal portfolio management.
41
Country: USA | Funding: $150k
Hank is enabling service providers and building owners to proactively manage HVAC costs, lower tenant complaints, and strengthen relationships with an AI-powered virtual building engineer.
42
Country: USA | Funding: $24K
GELF Energy has redesigned the anaerobic digestion process with the development of a system called the Microbial Energy Device, which produces higher quality methane in one-tenth the time, at doubled efficiency, with nature-based carbon capture technology.
43
Country: USA
EEtility works with utilities to finance efficiency upgrades--often as simple as new insulation and caulking.
44
Country: USA
Smart OES provides energy optimization for buildings to reduce greenhouse emissions for nonresidential buildings using a suite of wireless hardware devices that measure energy use throughout a building and then send that data to the Cloud, among other tools.
45
Country: Netherlands
Wattie is an energy data generation, aggregation and analyzing platform to generate actionable insights for energy optimization.
46
Country: Australia
BillHero is an application that monitors your bills and notifies you of opportunities to save by switching providers.
47
Country: USA
MeterLeader is an online portal that offers online challenges integrated with real-time electricity data to motivate people to save energy.
48
Country: Brazil
Energia das Coisas is specialized in measuring energy consumption linked to CO2 emissions, aiming to reduce costs and increase competitiveness
49
Country: Croatia
Green Energy Pal develops a private energy consultant which explains to users in a simple way how to achieve greater energy efficiency and how to reduce their electricity bills.