Energy Companies
Latest Deals in Energy
$115M
Zanskar, an AI-native geothermal energy company based in Salt Lake City, Utah, raised $115 million in Series C funding. The round was led by Spring Lane Capital, with participation from Obvious Ventures, Union Square Ventures, and Lowercarbon Capital, among other investors. This funding aims to address energy challenges through innovative geothermal solutions.Investors: Spring Lane Capital, Obvious Ventures, Union Square Ventures, Lowercarbon Capital
$97M
Sage Geosystems closed over $97 million in Series B funding to enhance its pressure geothermal power generation and energy storage solutions. Co-led by Ormat Technologies and Carbon Direct Capital, this funding will support the deployment of Sage's first commercial geothermal facility, which aims to provide reliable, carbon-free power. The investment reflects strong backing from key players in geothermal energy, addressing the urgent demand for firm power, particularly for AI data centers.Investors: Ormat Technologies, Carbon Direct Capital
$4750M
Alphabet is acquiring Intersect, a data centre and energy infrastructure solutions provider, in a $4.75 billion cash deal plus debt assumption. This acquisition aims to address the growing energy demands of AI by expanding capacity and enhancing operational efficiency. Intersect, already a partner and minority stakeholder with Google, will continue to operate under its brand, with existing assets in Texas and California remaining independent. Key investors include TPG Rise Climate, Climate Adaptive Infrastructure, and Greenbelt Capital Partners.Investors: TPG Rise Climate, Climate Adaptive Infrastructure, Greenbelt Capital Partners
$7.344M
Cordulus, an AI weather-tech company in Aarhus, Denmark, raised โฌ6.8 million in Series A funding from Delphinus Venture Capital. The investment will enhance AI weather solutions for the energy sector, aiding industries like agriculture in decision-making and risk management amid climate variability.Investors: Delphinus Venture Capital
$63.72M
Fuse Energy, a London-based energy company, raised โฌ59 million ($70 million) to accelerate international expansion and product development, increasing its valuation to โฌ4.2 billion. The round was led by Lowercarbon Capital and Balderton Capital, targeting inefficiencies in the energy sector.Investors: Lowercarbon Capital, Balderton Capital
$300M
Radiant Industries Inc. raised over $300 million in a Series D funding round led by Draper Associates and Boost VC to develop portable, mass-produced nuclear microreactors, addressing energy challenges.Investors: Draper Associates, Boost VC
$70M
London-based Fuse Energy has raised $70 million, valuing the company at $5 billion. It aims to provide cheaper, abundant power through a vertically integrated energy system. The investment was led by Balderton Capital and Lowercarbon Capital to support international expansion.Investors: Balderton Capital, Lowercarbon Capital
$7.344M
Cordulus, an AI weather-tech company, raised โฌ6.8m in Series A funding from Delphinus Venture Capital to expand its AI weather solutions into the energy market.Investors: Delphinus Venture Capital
$65M
Fuse Energy, valued at nearly ยฃ4 billion, raised ยฃ52 million to accelerate international expansion. Led by Balderton Capital and Lowercarbon Capital, it aims to reduce energy costs by integrating all energy processes, saving households up to ยฃ200 annually.Investors: Balderton Capital, Lowercarbon Capital
$70M
Fuse Energy, a London-based startup, raised $70 million led by Balderton Capital and Lowercarbon Capital, achieving a $5 billion valuation. The funding will support international expansion and new product launches, aiming to reduce energy costs for UK households by 10%.Investors: Balderton Capital, Lowercarbon Capital