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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
Zero Homes2026Series A$16.9MDenver
Florida Polytechnic University2026Grant$2.9MLakeland
DexMat2026Seed$9.2MHouston
NeoVolta2026Post Ipo Equity$10.0MPoway
Solidion Technology2026GrantUndisclosedDallas
OCOchem2026Undisclosed$2.1MRichland
Type One Energy2026Convertible Note$87.0MOak Ridge
Amermin2026Grant$11.5MAustin
MOLG2025Series A$29.1MSterling
Bastazo2025Grant$1.1MBentonville

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

Export
#CompanyStageAmountLocation
151Zero HomesSeries A$16.9MDenver, United States
152Florida Polytechnic UniversityGrant$2.9MLakeland, United States
153DexMatSeed$9.2MHouston, United States
154NeoVoltaPost Ipo Equity$10.0MPoway, United States
155Solidion TechnologyGrantUndisclosedDallas, United States
156OCOchemUndisclosed$2.1MRichland, United States
157Type One EnergyConvertible Note$87.0MOak Ridge, United States
158AmerminGrant$11.5MAustin, United States
159MOLGSeries A$29.1MSterling, United States
160BastazoGrant$1.1MBentonville, United States
Clean EnergyEnergyEnergy EfficiencyHome ServicesRenewable Energy

Zero Homes is a technology company that develops an end-to-end digital platform that supports homeowners and contractors.

Denver, United States
February 2026
$16.9M
Series A

Founder Contacts

19,000+ verified contacts

EducationHigher EducationSTEM EducationUniversities

Florida Polytechnic University is a public higher education institution focused on science, technology, engineering, and math programs.

Lakeland, United States
January 2026
$2.9M
Grant

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
$9.2M
Seed

Founder Contacts

19,000+ verified contacts

ComputerEnergyRenewable EnergySolar

NeoVolta is a developer of smart residential energy storage solutions.

Poway, United States
January 2026
$10.0M
Post Ipo Equity

Founder Contacts

19,000+ verified contacts

BatteryEnergy StorageManufacturingRenewable Energy

Solidion Technology is a battery technology company that manufactures battery materials, components, and next-generation batteries.

Dallas, United States
January 2026
Grant

Founder Contacts

19,000+ verified contacts

ChemicalCleanTechEnergy StorageSustainability

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

Richland, United States
January 2026
$2.1M
Undisclosed

Founder Contacts

19,000+ verified contacts

Clean EnergyEnergyNuclear

Stellarator technology to transform energy markets with fusion power.

Oak Ridge, United States
January 2026
$87.0M
Convertible Note

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
$11.5M
Grant

Founder Contacts

19,000+ verified contacts

Industrial AutomationInnovation ManagementManufacturingRobotics

Molg specializes in circular manufacturing, utilizing robotics to autonomously disassemble complex electronic products.

Sterling, United States
December 2025
$29.1M
Series A

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Cyber SecurityMachine LearningSoftware

Bastazo provides AI-informed cybersecurity solutions for operational technology systems in critical infrastructures.

Bentonville, United States
December 2025
$1.1M
Grant

Founder Contacts

19,000+ verified contacts

Clean EnergyConstructionEnergy StorageRenewable Energy

Sperra provides concrete solutions for renewable energy.

Boulder, United States
December 2025
Grant

Founder Contacts

19,000+ verified contacts

ConstructionEnergyOil and Gas

Convergent Energy + Power is a technology-neutral energy storage asset developer

New York, United States
December 2025
Debt Financing

Founder Contacts

19,000+ verified contacts

ManufacturingMineralMining

ElementUSA is a mining firm that produces critical materials from mineral and metallic waste for products.

Gramercy, United States
November 2025
$29.9M
Grant

Founder Contacts

19,000+ verified contacts

B2BConsultingManufacturing

Queens Carbon is working on a processing system that will dramatically cut energy use.

Pine Brook, United States
November 2025
Seed

Founder Contacts

19,000+ verified contacts

BatteryEnergyEnergy Storage

Quino Energy manufactures batteries that uses specially designed reactants called quinones that are dissolved in water.

San Leandro, United States
November 2025
$10.0M
Series A

Founder Contacts

19,000+ verified contacts

ConsultingInformation TechnologySoftware

ExoFusion is a fusion energy design, IP, and innovation company that offers three GTM strategies: consulting, design, and licensing.

Bellevue, United States
November 2025
$3.0M
Grant

Founder Contacts

19,000+ verified contacts

EnergyOil and Gas

Wabash Valley Resources develops innovative and effective solutions to manufacture, store, and deliver hydrogen energy worldwide.

West Terre Haute, United States
October 2025
$1.5B
Debt Financing

Founder Contacts

19,000+ verified contacts

Clean EnergyCleanTechEnergyGeothermal EnergyNuclearRenewable Energy

Terrestrial Energy is a developer of a reactor power plant technology to provide carbon-free energy for the global industry.

Oakville, Canada
October 2025
$50.0M
Post Ipo Equity

Founder Contacts

19,000+ verified contacts

Geothermal Energy

Mazama Energy is a geothermal operator and development firm committed to developing new techniques and technology for removing heat.

Seattle, United States
October 2025
$36.0M
Series A

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)LogisticsMachine LearningMilitarySoftwareSupply Chain Management

FR8relay is transforming supply-chain and logistics using relay and AI

Bentonville, United States
October 2025
$100K
Grant

Founder Contacts

19,000+ verified contacts

AutomotiveInformation TechnologyManufacturingProduct Management

Niron Magnetics specializes in producing high-performance, rare-earth-free permanent magnets utilizing Iron Nitride technology.

Minneapolis, United States
October 2025
$10.0M
Grant

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Asset ManagementCivicTechGovTechInformation TechnologyMachine LearningSearch EngineSpeech RecognitionVisual Search

Veritone is an AI company that offers machine learning models transforming data sources into actionable intelligence.

Irvine, United States
October 2025
$75.0M
Post Ipo Equity

Founder Contacts

19,000+ verified contacts

BiopharmaBiotechnologyLife Science

Lumen Bio discovers, develops, and manufactures biologic drugs and vaccine candidates for various diseases.

Seattle, United States
October 2025
$30.0M
Series C

Founder Contacts

19,000+ verified contacts

EnergyEnvironmental EngineeringIndustrialRenewable Energy

Accelerate Wind provides wind energy generation for the commercial and industrial spaces.

St Louis, United States
September 2025
Seed

Founder Contacts

19,000+ verified contacts

Clean EnergyEnergy

Sunwealth Power is a operator of a tech-driven clean energy investment firm created to invest in clean and solar energy projects

Somerville, United States
September 2025
$20.0M
Debt Financing

Founder Contacts

19,000+ verified contacts

Showing 151-175 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 Energy, Renewable Energy, Clean Energy, Manufacturing, Energy Storage. The firm invests across 54 different industry categories.

What is US Department of Energy's largest investment?

Among tracked funding rounds, Wabash Valley Resources received $1.5B in a Debt Financing 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 Zero Homes, Florida Polytechnic University, DexMat, NeoVolta, Solidion Technology. These companies were founded in 2020 or later.

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