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Download The List of the 100 Highest-Valued Unicorns

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The Founder's Handbook

Top 25 CleanTech Startups in 2024

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Have you ever wondered who is on the list of CleanTech companies with the highest growth rates?

You’re not alone.

There are hundreds of companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 25 fast-growing CleanTech startups that have top-tier venture capital funding.


25 CleanTech Startups

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2,189 Accelerators & Incubators

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1,016 Unicorns

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1,190 Unicorns

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250 FinTech Investors

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1) Northvolt

Northvolt

Northvolt is a lithium-ion battery manufacturer specializing in environmentally friendly batteries.

Details of the startup:

  • Country: Sweden
  • State: Stockholms Lan
  • City: Stockholm
  • Started in: 2016
  • Founders: Paolo Cerruti, Peter Carlsson
  • Number of employees: 1001-5000
  • Funding: $6,040,092,593
  • Funding rounds: 9
  • Number of investors: 48 (Siemens, Goldman Sachs, Bpifrance, InnoEnergy, European Investment Bank)

You can find their website here.

2) Li-Cycle

Li-Cycle

Li-Cycle is a clean technology firm on a mission to use its unique solutions to address a worldwide problem that is becoming increasingly urgent.

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Mississauga
  • Started in: 2016
  • Founders: Ajay Kochhar, Tim Johnston
  • Number of employees: 11-50
  • Funding: $2,700,000
  • Funding rounds: 1
  • Number of investors: 1 (Sustainable Development Technology Canada)

You can find their website here.

3) Skeleton Technologies

Skeleton Technologies

Skeleton Technologies is a manufacturer and developer of ultracapacitors with excellent energy and power density.

Details of the startup:

  • Country: Estonia
  • State: Harjumaa
  • City: Tallinn
  • Started in: 2009
  • Founders: Oliver Ahlberg, Taavi Madiberk
  • Number of employees: 101-250
  • Funding: € 138,688,763
  • Funding rounds: 8
  • Number of investors: 12 (Adyen, InnoEnergy, European Investment Bank, Skeleton Technologies, EASME - EU Executive Agency for SMEs)

You can find their website here.

4) Jeff

Jeff

Jeff is a day-to-day services omnichannel ecosystem.

Details of the startup:

  • Country: Spain
  • State: Comunidad Valenciana
  • City: Valencia
  • Started in: 2015
  • Founders: Adrián Lorenzo, Eloi Gomez, Rubén Muñoz Trapote
  • Number of employees: 501-1000
  • Funding: € 27,800,000
  • Funding rounds: 5
  • Number of investors: 15 (FJ Labs, Endeavor Catalyst, Alma Mundi Ventures, All Iron Ventures, Centre for the Development of Industrial Technology (CDTI))

You can find their website here.

5) Sono Motors

Sono Motors

Sono Motors is a company that provides transportation and energy services all over the world.

Details of the startup:

  • Country: Germany
  • State: Bayern
  • City: Munich
  • Started in: 2016
  • Founders: Jona Christians, Laurin Hahn, Navina Pernsteiner
  • Number of employees: 101-250
  • Funding: $126,588,253
  • Funding rounds: 6
  • Number of investors: 7 (Headline, Lorenz Bogaert, Swedbank Robur, Bollinger Investment Group, Wi Ventures)

You can find their website here.

6) Otovo

Otovo

Otovo is a marketplace for installing distributed energy systems. The business is constructing Europe's first home solar power plant.

Details of the startup:

  • Country: Norway
  • State: Oslo
  • City: Oslo
  • Started in: 2016
  • Founders: Andreas Bentzen, Andreas Thorsheim, Lars Syse Christiansen, Simen Fure Jorgensen
  • Number of employees: 101-250
  • Funding: $38,906,653
  • Funding rounds: 5
  • Number of investors: 8 (StartupLab, D-Ax Corporate Venture Capital, Nysnø, Agder Energi Venture, OBOS Forsikring)

You can find their website here.

7) PHYSEE Technologies

PHYSEE Technologies

PowerWindow is a light-tinted energy-producing window that creates electricity by integrating three different technologies.

Details of the startup:

  • Country: The Netherlands
  • State: Zuid-Holland
  • City: Delft
  • Started in: 2014
  • Founders: Ferdinand Grapperhaus, Willem Kesteloo
  • Number of employees: 11-50
  • Funding: € 12,233,063
  • Funding rounds: 5
  • Number of investors: 13 (EASME - EU Executive Agency for SMEs, European Research Council, EDGE Technologies, Shape Capital, Timeless Investments)

You can find their website here.

8) Peak Power Inc

Peak Power Inc

Intelligent energy in smart cities is enabled by a software firm.

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Toronto
  • Started in: 2015
  • Founders: Benson Pei Sen Hu, Derek Lim Soo, Matthew Sachs
  • Number of employees: 11-50
  • Funding: $25,074,753
  • Funding rounds: 8
  • Number of investors: 12 (BDC Capital, FedDev, Sustainable Development Technology Canada, Sensata Technologies, Ontario Centres of Excellence)

You can find their website here.

9) Airly

Airly

Airly is a web-based startup that specializes in providing hyper-local air pollution data.

Details of the startup:

  • Country: Poland
  • State: Malopolskie
  • City: Kraków
  • Started in: 2016
  • Founders: Aleksander Konior, Michal Misiek, Wiktor Warchałowski
  • Number of employees: 11-50
  • Funding: $6,395,000
  • Funding rounds: 4
  • Number of investors: 17 (Expa, Firstminute Capital, Richard Branson, Giant Ventures, Garrett Camp)

You can find their website here.

10) Submer

Submer

Immersed datacenters that are very efficient, ultra-dense, and long-lasting.

Details of the startup:

  • Country: Spain
  • State: Catalonia
  • City: Barcelona
  • Started in: 2015
  • Founders: Daniel Pope, Pol Valls Soler
  • Number of employees: 51-100
  • Funding: $17,162,363
  • Funding rounds: 4
  • Number of investors: 3 (Alma Mundi Ventures, Norrsken VC, EASME - EU Executive Agency for SMEs)

You can find their website here.

11) Sonnedix

Sonnedix

Sonnedix Solar is a global power company focused to generating future low-carbon solar energy.

Details of the startup:

  • Country: France
  • State: Bretagne
  • City: Rennes
  • Started in: 2009
  • Founders: Andreas Mustad, Pablo Pulido Mendoza
  • Number of employees: 51-100
  • Funding: $562,958,154
  • Funding rounds: 3
  • Number of investors: 2 (Sumitomo Mitsui Banking Corporation, Hamburg Commercial Bank)

You can find their website here.

12) GoParity

GoParity

Personal finance and investing tool that links individuals and businesses with nonprofits seeking financing for sustainable projects.

Details of the startup:

  • Country: Portugal
  • State: Lisboa
  • City: Lisbon
  • Started in: 2017
  • Founders: Nuno Brito Jorge
  • Number of employees: 1-10
  • Funding: € 900,000
  • Funding rounds: 5
  • Number of investors: 2 (Mustard Seed MAZE, Critical Software)

You can find their website here.

13) NAWA Technologies

NAWA Technologies

NAWA Technologies, a French SMEs, has created a novel, cost-effective Ultra-Fast Carbon battery using nanotechnology.

Details of the startup:

  • Country: France
  • State: Provence-Alpes-Cote d'Azur
  • City: Rousset
  • Started in: 2013
  • Founders: Ludovic Eveillard, Pascal Boulanger
  • Number of employees: 11-50
  • Funding: € 24,500,000
  • Funding rounds: 3
  • Number of investors: 11 (Bpifrance, InnoEnergy, Demeter, Supernova Invest, CEA Investissement)

You can find their website here.

14) H3 Dynamics Holdings

H3 Dynamics Holdings

H3 Dynamics is a subscription-based AI and robotics company that monitors public and private structures and places throughout the world.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2015
  • Founders: Taras Wankewycz
  • Number of employees: 11-50
  • Funding: $18,250,000
  • Funding rounds: 4
  • Number of investors: 7 (Mirai Creation Fund, V-CUBE, Grosvenor Group, Audacy Ventures, Capital Management Group)

You can find their website here.

15) Sulapac

Sulapac

With biodegradable packaging innovation, Sulapac addresses the global plastic waste problem.

Details of the startup:

  • Country: Finland
  • State: Southern Finland
  • City: Helsinki
  • Started in: 2016
  • Founders: Antti Parssinen, Laura Kyllönen, Suvi Haimi
  • Number of employees: 11-50
  • Funding: € 18,763,125
  • Funding rounds: 5
  • Number of investors: 11 (Lifeline Ventures, Mousse Partners, Business Finland, Bonnier Ventures, EASME - EU Executive Agency for SMEs)

You can find their website here.

16) Hardt Hyperloop

Hardt Hyperloop

Hardt creates a system for commuting long distances that is fully emission-free, safe, and accessible to all.

Details of the startup:

  • Country: The Netherlands
  • State: Zuid-Holland
  • City: Delft
  • Started in: 2016
  • Founders: Marinus Van Der Meijs, Mars Geuze, Sascha Lamme, Tim Houter
  • Number of employees: 11-50
  • Funding: € 6,850,000
  • Funding rounds: 4
  • Number of investors: 10 (InnoEnergy, Freigeist Capital, Kees Koolen, Block Party, UNIIQ)

You can find their website here.

17) Empower

Empower

Empower uses blockchain technology to digitize waste streams and make them accessible to purchasers and auditors.

Details of the startup:

  • Country: Norway
  • State: Oslo
  • City: Oslo
  • Started in: 2018
  • Founders: Carl Nesset, Gjermund Bjaanes, Wilhelm Myrer
  • Number of employees: 11-50
  • Funding: $2,094,097
  • Funding rounds: 17
  • Number of investors: 1 (TheFactory)

You can find their website here.

18) Noccarc Robotics

Noccarc Robotics

Noccarc Robotics, a SIIC IIT Kanpur incubatee firm, is a manufacturer of goods for the MedTech and CleanTech industries.

Details of the startup:

  • Country: India
  • State: Maharashtra
  • City: Pune
  • Started in: 2017
  • Founders: Harshit Rathore, Nikhil Kurele
  • Number of employees: 51-100
  • Funding: ₹124,000,000
  • Funding rounds: 1
  • Number of investors: 2 (Indian Angel Network, IAN Fund)

You can find their website here.

19) ZunRoof

ZunRoof

ZunRoof is a home-tech firm that provides solar rooftop systems with smart and clean energy.

Details of the startup:

  • Country: India
  • State: Haryana
  • City: Gurgaon
  • Started in: 2016
  • Founders: Kartik Marwah, Pranesh Chaudhary, Sushant Sachan
  • Number of employees: 51-100
  • Funding: $4,669,234
  • Funding rounds: 6
  • Number of investors: 9 (Ramakant Sharma, Paipal Ventures, Intellecap Impact Investment Network, Godrej family office, Ajith R. Pai)

You can find their website here.

20) Ecozen

Ecozen

Ecozen is a perishables technology firm that enables the Farm-To-Fork value chain.

Details of the startup:

  • Country: India
  • State: Maharashtra
  • City: Pune
  • Started in: 2010
  • Founders: Devendra Gupta, Prateek Singhal, Vivek Pandey
  • Number of employees: 101-250
  • Funding: $8,710,380
  • Funding rounds: 7
  • Number of investors: 6 (Caspian Impact Investments, Omnivore, Villgro, GenNext Ventures, Sathguru Catalyzer Advisors)

You can find their website here.

21) Persefoni

Persefoni

Persefoni creates an artificial intelligence platform that allows businesses to plan, monitor, evaluate, minimize, and report their carbon footprint.

Details of the startup:

  • Country: United States
  • State: Arizona
  • City: Tempe
  • Started in: 2020
  • Founders: Jason Offerman, Kentaro Kawamori, Kim Stroh
  • Number of employees: 11-50
  • Funding: $13,200,000
  • Funding rounds: 2
  • Number of investors: 4 (NGP Energy Technology Partners, Rice Investment Group, Carnrite Ventures, Sallyport Investments)

You can find their website here.

22) LanzaTech

LanzaTech

Companies, communities, and countries all throughout the world are benefiting from new economic opportunities.

Details of the startup:

  • Country: United States
  • State: Illinois
  • City: Skokie
  • Started in: 2005
  • Founders: Sean Simpson
  • Number of employees: 51-100
  • Funding: $280,400,000
  • Funding rounds: 7
  • Number of investors: 11 (Khosla Ventures, CICC, Qiming Venture Partners, Novo Holdings, Western Technology Investment)

You can find their website here.

23) Rad Power Bikes

Rad Power Bikes

We're designing a world where transportation is energy-efficient, pleasurable, and accessible to everyone at Rad Power Bikes.

Details of the startup:

  • Country: United States
  • State: Washington
  • City: Seattle
  • Started in: 2007
  • Founders: Mike Radenbaugh, Tyler Collins
  • Number of employees: 501-1000
  • Funding: $175,320,365
  • Funding rounds: 4
  • Number of investors: 8 (Fidelity Management and Research Company, Morgan Stanley, T. Rowe Price, Vulcan Capital, The Rise Fund)

You can find their website here.

24) Monolith Materials

Monolith Materials

Monolith Materials is a carbon black manufacturer that converts natural gas to carbon black using a patented technique.

Details of the startup:

  • Country: United States
  • State: Nebraska
  • City: Lincoln
  • Started in: 2012
  • Founders: Pete Johnson, Robert Hanson
  • Number of employees: 51-100
  • Funding: $64,297,594
  • Funding rounds: 8
  • Number of investors: 3 (SK Group, Azimuth Capital Management, Mitsubishi Heavy Industries)

You can find their website here.

25) BlocPower

BlocPower

BlocPower is an energy technology company that creates communities that are healthier, greener, and smarter.

Details of the startup:

  • Country: United States
  • State: New York
  • City: Brooklyn
  • Started in: 2014
  • Founders: Donnel Baird, Morris Cox
  • Number of employees: 51-100
  • Funding: $75,923,153
  • Funding rounds: 10
  • Number of investors: 20 (Goldman Sachs, Salesforce Ventures, Andreessen Horowitz, Kapor Capital, Elemental Excelerator)

You can find their website here.

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