Factor2 Energy developed a geothermal system that uses carbon dioxide instead of water or brine as the working fluid.
Factor2 Energy has raised $9.1M in total funding. The most recent round was Seed. The last funding was announced in September 2025.
Factor2 Energy's investors include HTGF (High-Tech Gruenderfonds), Verve Ventures, Gruenderfonds Ruhr, Siemens Energy Ventures, At One Ventures.
Factor2 Energy is headquartered in Duisburg, Germany.
Factor2 Energy developed a geothermal system that uses carbon dioxide instead of water or brine as the working fluid.
Factor2 Energy is at the Seed stage.
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"Factor2 Energy — Funding & Investors." VCBacked, September 19, 2025, https://www.vcbacked.co/company/factor2-energy. Accessed July 21, 2026.
VCBacked. (2025). Factor2 Energy — Funding & Investors. Retrieved July 21, 2026, from https://www.vcbacked.co/company/factor2-energy
{{cite web |title=Factor2 Energy — Funding & Investors |url=https://www.vcbacked.co/company/factor2-energy |website=VCBacked |access-date=July 21, 2026}}Profile data sourced and verified per the VCbacked methodology · Last funding round dated