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US Department of Energy Portfolio Companies

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

Last updated: July 2026

US Department of Energy Investment Overview

Portfolio Companies
434
Total Invested
$17.3B
Average Investment
$74.7M

US Department of Energy's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
Verdagy2024Venture - Series UnknownUndisclosedMoss Landing
Ionomr2024Venture - Series UnknownUndisclosedVancouver
24M Technologies2024Series H$87.0MCambridge
Re:Build2024Venture - Series Unknown$120.0MFramingham
NovoNutrients2024Series A$18.0MSunnyvale
Princeton NuEnergy2024Series A$30.0MBordentown
Alpen High Performance Products2024Venture - Series Unknown$12.1MNiwot
Swift Solar2024Series A$27.0MSan Carlos
Xcimer Energy2024Series A$100.0MDenver
EvolOH2024Series A$20.0MSan Carlos

Complete List of US Department of Energy Portfolio Companies (434)

Export
#CompanyStageAmountLocation
101VerdagyVenture - Series UnknownUndisclosedMoss Landing, United States
102IonomrVenture - Series UnknownUndisclosedVancouver, Canada
10324M TechnologiesSeries H$87.0MCambridge, United States
104Re:BuildVenture - Series Unknown$120.0MFramingham, United States
105NovoNutrientsSeries A$18.0MSunnyvale, United States
106Princeton NuEnergySeries A$30.0MBordentown, United States
107Alpen High Performance ProductsVenture - Series Unknown$12.1MNiwot, United States
108Swift SolarSeries A$27.0MSan Carlos, United States
109Xcimer EnergySeries A$100.0MDenver, United States
110EvolOHSeries A$20.0MSan Carlos, United States
EnergyManufacturingRenewable Energy

Verdagy enables the large-scale production of green hydrogen by innovating water electrolysis technology.

Moss Landing, United States
October 2024
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

Advanced MaterialsBatteryChemicalClean EnergyElectronicsFuel CellInformation TechnologyRenewable EnergyWaterWater Purification

Ionomr makes Aemion‚Ñ¢ & Pemion‚Ñ¢, next-gen ion-exchange materials for breakthrough clean technology applications involving electrochemistry.

Vancouver, Canada
October 2024
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

BatteryEnergy StorageManufacturing

24M Technologies develops energy storage systems for grid and transportation applications.

Cambridge, United States
September 2024
$87.0M
Series H

Founder Contacts

19,000+ verified contacts

IndustrialIndustrial AutomationIndustrial ManufacturingMachinery ManufacturingManufacturing

Re:Build is an industrial manufacturing company that integrates advanced technologies with traditional manufacturing processes‚Äã.

Framingham, United States
August 2024
$120.0M
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

Animal FeedAquacultureBiotechnologyFood and Beverage

NovoNutrients is working to turn waste CO2 into high-value, low-cost proteins and oils for aquaculture and beyond.

Sunnyvale, United States
July 2024
$18.0M
Series A

Founder Contacts

19,000+ verified contacts

Advanced MaterialsBatteryCleanTechRecycling

Princeton NuEnergy is a clean-tech startup focused on direct recycling technology for lithium-ion batteries.

Bordentown, United States
June 2024
$30.0M
Series A

Founder Contacts

19,000+ verified contacts

Building MaterialManufacturing

Alpen High Products manufactures super-insulating, thermally efficient residential and commercial windows and architectural glass.

Niwot, United States
June 2024
$12.1M
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

EnergyManufacturingRenewable EnergySolar

Swift Solar designs and manufactures photovoltaic cells that are lightweight and more flexible than conventional panels.

San Carlos, United States
June 2024
$27.0M
Series A

Founder Contacts

19,000+ verified contacts

EnergyEnergy EfficiencyEnergy Management

Xcimer Energy is an inertial fusion company offering laser-driven fusion to provide cheap, abundant, and carbon-free energy.

Denver, United States
June 2024
$100.0M
Series A

Founder Contacts

19,000+ verified contacts

Energy

Low-cost electrolyzer hardware.

San Carlos, United States
March 2024
$20.0M
Series A

Founder Contacts

19,000+ verified contacts

Manufacturing

Bert Thin Films is a manufacturer of CuBert, a copper-based paste is producing working samples of the paste applied to mini-panels.

Louisville, United States
March 2024
$1.2M
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

Clean EnergyConsumer ElectronicsElectronics

Gradient's mission is to cool the world by transforming every home to be more comfortable and healthy for the people who inhabit it.

San Francisco, United States
February 2024
$9.5M
Series A

Founder Contacts

19,000+ verified contacts

BiotechnologyChemicalChemical EngineeringConsultingIndustrialMedical

Aequor developed 70 anti-biofilm and anti-fouling molecules, engaging in research and development of chemicals from marine microbes.

San Diego, United States
January 2024
$200K
Seed

Founder Contacts

19,000+ verified contacts

BatteryElectronicsManufacturingMiningRecycling

Nth Cycle is a metal processing technology company working with battery recyclers and miners to recover production-grade critical minerals.

Beverly, United States
December 2023
$37.0M
Series B

Founder Contacts

19,000+ verified contacts

Battery

Element Energy is a startup with technology that significantly improves the performance, reliability and cost of large battery packs.

Menlo Park, United States
November 2023
$73.0M
Series B

Founder Contacts

19,000+ verified contacts

ChemicalCleanTechEnergy StorageSustainability

OCOchem develops technology that electrochemically converts CO2 into Green Formic, a platform chemical

Richland, United States
October 2023
$5.0M
Seed

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)ElectronicsNanotechnology

Iris Light Technologies is an electronic company that empowers the cloud through breakthrough on-chip laser technology.

Chicago, United States
September 2023
$120K
Seed

Founder Contacts

19,000+ verified contacts

Advanced MaterialsAugmented RealityConsumer ElectronicsPropTech

Deep tech company developing advanced materials for smart glass applications.

Boulder, United States
April 2023
$7.1M
Seed

Founder Contacts

19,000+ verified contacts

Advanced MaterialsBatteryChemicalElectric VehicleEnergy StorageRenewable Energy

Ampcera focuses on the development and commercialization of solid-state electrolyte and battery technologies.

Milpitas, United States
March 2023
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

EnergyEnergy EfficiencyManufacturingSustainability

Ndustrial offers analytical engines that help businesses control production, improve energy efficiency, and eliminate waste.

Raleigh, United States
January 2025
Corporate Round

Founder Contacts

19,000+ verified contacts

Natural ResourcesRecyclingSustainabilityWaste Management

Amermin is a recycling company that specializes in refining and selling of strategic minerals and metals.

Austin, United States
January 2026
Grant

Founder Contacts

19,000+ verified contacts

AutomotiveElectric VehicleManufacturingTransportation

Nikola Motor Company manufactures heavy-duty commercial battery-electric vehicles, fuel-cell electric vehicles, and energy solutions.

Phoenix, United States
December 2024
Post-IPO Equity

Founder Contacts

19,000+ verified contacts

Advanced MaterialsGreenTech

DexMat is the maker of Galvorn, a conductive carbon nanomaterial that outperforms GHG-intense alternatives.

Houston, United States
January 2026
$5.0M
Seed

Founder Contacts

19,000+ verified contacts

BatteryElectric VehicleEnergyEnergy StorageRenewable Energy

Solid Power is a developer of all-solid-state battery cells that provide enhancements over traditional lithium-ion batteries.

Louisville, United States
January 2026
Post-IPO Equity

Founder Contacts

19,000+ verified contacts

Clean EnergyGreenTechHydroelectricManufacturingRenewable Energy

Littoral Power Systems designs, manufactures, and installs distributed power systems.

New Bedford, United States
January 2022
Grant

Founder Contacts

19,000+ verified contacts

Showing 101-125 of 434 portfolio companies

Frequently Asked Questions About US Department of Energy

How many companies has US Department of Energy invested in?

US Department of Energy has invested in 434 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does US Department of Energy invest in?

US Department of Energy's top investment sectors include Manufacturing, Battery, Energy, Renewable Energy, Advanced Materials. The firm invests across 44 different industry categories.

What is US Department of Energy's largest investment?

Among tracked funding rounds, Re:Build received $120.0M in a Venture - Series Unknown round. US Department of Energy's total known invested capital is $17.3B.

What is the average investment size for US Department of Energy?

US Department of Energy's average investment size is $74.7M across its portfolio of 434 companies.

What are US Department of Energy's most recent investments?

Recent US Department of Energy portfolio additions include Verdagy, Ionomr, 24M Technologies, Re:Build, NovoNutrients. These companies were founded in 2020 or later.

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