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Top 100 Energy Startups to Watch in 2026

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The energy sector is being reshaped by startups attracting major funding for new technologies.

For instance, Commonwealth Fusion Systems has raised $2.9 billion to commercialize fusion energy. On the other end, recent startups like Base Power are providing home backup power solutions.

Below is our list of 100 Energy startups worth keeping an eye on.

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Tether builds AI software that turns millions of parked electric vehicles into the world’s largest battery. Their platform manages this distributed energy network, helping to balance the power grid and integrate more renewable sources.

HeadquartersStockholm, Stockholms Lan, Sweden
Year Founded2022
FoundersLuis Medina Rivas, Martim Perestrelo
Funding Amount$1.5M
Startup SizeFounding Team (1-10)
Last Funding StatusPre-Seed
Top InvestorsTechstars, K Fund, Draper B1, Enzo Ventures, Inclimo Climate Tech Fund

Commonwealth Fusion Systems is creating a faster path to commercial fusion energy. They build compact, powerful tokamak systems using high-temperature superconducting magnets to deliver clean power to the grid.

HeadquartersCambridge, Massachusetts, United States
Year Founded2017
FoundersDan Brunner, Martin Greenwald, Robert Mumgaard
Funding Amount$2.9B
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries B
Top InvestorsTemasek Holdings, Khosla Ventures, HOF Capital, Quiet Capital, Google

X-energy designs and builds advanced small modular nuclear reactors and the fuel technology required for clean energy generation. Their work focuses on creating a safer, more scalable source of carbon-free power for industrial use and electricity grids.

HeadquartersRockville, Maryland, United States
Year Founded2009
FoundersKam Ghaffarian
Funding Amount$1B
Startup SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsAlumni Ventures, Ares Management, Jane Street Capital, University of Michigan, NGP Energy Capital Management

Helion Energy develops fusion power technology with the goal of generating clean, carbon-free electricity. Their team is building the world's first fusion power plants to help decarbonize the global energy grid.

HeadquartersEverett, Washington, United States
Year Founded2013
FoundersChris Pihl, David Kirtley, George Votroubek, John Slough
Funding Amount$1B
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries F
Top InvestorsLightspeed Venture Partners, Y Combinator, SoftBank Vision Fund, Mithril Capital Management, Sam Altman

Torus develops smart energy storage systems that help homeowners and communities manage their own renewable power. Their integrated hardware and software solutions aim to make clean energy more accessible and reliable for everyday use.

HeadquartersLehi, Utah, United States
Year Founded2021
FoundersNate Walkingshaw
Funding Amount$267M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsICONIQ Capital, EPIC Ventures, Origin Ventures, Pelion Venture Partners, Magnetar Capital

Base Power pairs a home battery with an electricity plan to give homeowners reliable backup power. Their integrated system helps lower monthly energy bills and ensures the lights stay on during an outage.

HeadquartersAustin, Texas, United States
Year Founded2023
FoundersZachary Dell
Funding Amount$268M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsAndreessen Horowitz, Valor Equity Partners, Lightspeed Venture Partners, Thrive Capital, Addition

Masdar develops and operates a global portfolio of renewable energy projects, with a focus on solar, wind, and geothermal power. They are a key player in advancing clean energy initiatives and investing in sustainable technologies around the world.

HeadquartersAbu Dhabi, Abu Dhabi, United Arab Emirates
Year Founded2006
FoundersH.E. Sultan Al Jaber
Funding Amount$3.3B
Startup SizeLarge Team (251-1,000)
Last Funding StatusDebt Financing
Top InvestorsEuropean Investment Bank, European Bank for Reconstruction and Development, International Finance Corporation, Asian Development Bank, Asian Infrastructure Investment Bank

EcoFlow builds a range of portable power stations and solar-powered generators designed for off-grid living and home backup. They create accessible, eco-friendly energy solutions that provide reliable power for everything from camping trips to professional work sites.

HeadquartersSan Francisco, California, United States
Year Founded2016
FoundersEli Harris, Fan Zheng, Hannah Sieber, Lei Wang
Funding Amount$114.4M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusProduct Crowdfunding
Top InvestorsHSG, CICC, GL Ventures LLC, Delian Capital, Guoxin Fund

Aalo Atomics develops and manufactures compact nuclear reactors for clean energy production. Their advanced, sodium-cooled power plants are designed to help create a zero-carbon world.

HeadquartersAustin, Texas, United States
Year Founded2023
FoundersMatt Loszak, Yasir Arafat
Funding Amount$136M
Startup SizeLean Team (11-50)
Last Funding StatusSeries B
Top InvestorsAlumni Ventures, Gaingels, Valor Equity Partners, Tishman Speyer, Hitachi Ventures

Unbound Potential builds large-scale energy storage systems to help manage power grids and integrate renewable sources. Their work focuses on creating advanced battery technology for applications ranging from industrial use to utility-scale power.

HeadquartersThalwil, Zurich, Switzerland
Year Founded2023
FoundersAnetta Platek-mielczarek, David Taylor, Emilio Dal Re, Federico Paratore, Pier Giuseppe Rivano
Funding Amount$20.4M
Startup SizeLean Team (11-50)
Last Funding StatusGrant
Top InvestorsAmazon, Founderful, Zürcher Kantonal Bank, Innosuisse, Kvanted Ventures

90 Additional Energy Startups Worth Following

Our top ten picks offer a snapshot of a much larger movement. Founders are building everything from new hardware to AI platforms that make our grid smarter.

Many of these companies are young, yet together they have raised tens of billions of dollars. Here is a look at the other startups defining the energy sector in 2026.

StartupMain IndustryYear FoundedAmount RaisedLast Funding Round
Radiant logo RadiantEnergy2019$218.8MSeries C
Fourth Power logo Fourth PowerHardware2021$39MSeries A
Koolboks logo KoolboksHardware2018$15.4MSeries A
Group14 Technologies logo Group14 TechnologiesHardware2015$1.2BSeries D
BLUETTI logo BLUETTIHardware2019$24.1MProduct Crowdfunding
Emerald AI logo Emerald AIAI2024$41.5MCorporate Round
DroneDeploy logo DroneDeployAgTech2013$157.6MVenture Round
Mainspring Energy logo Mainspring EnergyEnergy2010$813MSeries F
Ultraviolette Automotive logo Ultraviolette AutomotiveMobility2016$90.2MVenture Round
General Fusion logo General FusionEnergy2002$392MVenture Round
Sempra Infrastructure logo Sempra InfrastructureEnergy1998$15.2BSecondary Market
Nexamp logo NexampEnergy2007$2.4BDebt Financing
Span logo SpanEnergy2018$229.8MSeries B
Last Energy logo Last EnergyEnergy2020$64MSeries B
Chakr Innovation logo Chakr InnovationEnergy2016$26.6MSeries C
OXCCU logo OXCCUBiotech2021$54.1MSeries B
Eden logo EdenEnergy2017$18.2M
XL Batteries logo XL BatteriesEnergy2019$25.4MSeed
Serentica Renewables logo Serentica RenewablesEnergy2022$1.9BDebt Financing
The Nuclear Company logo The Nuclear CompanyEnergy2023$46.3MSeries A
Nitricity logo NitricityAgTech2018$90.9MSeries B
Pure Lithium logo Pure LithiumHardware2020$30.3MGrant
Arevon logo ArevonEnergy2017$3.5BUndisclosed
SingAuto logo SingAutoEnergy2023$95MVenture Round
Terrestrial Energy logo Terrestrial EnergyEnergy2013$106.6MVenture Round
Deep Isolation logo Deep IsolationEnergy2016$55.6MVenture Round
Proxima Fusion logo Proxima FusionEnergy2023$196.5MSeries A
Fuse Energy logo Fuse EnergyEnergy2022$100.7MVenture Round
Factorial Energy logo Factorial EnergyHardware2021$240MSeries D
EV Realty logo EV RealtyMobility2021$103MPrivate Equity
Verlume logo VerlumeHardware2013£13.8MGrant
Deep Sky logo Deep SkyEnvironment2022$93.6MGrant
Aspen Power logo Aspen PowerEnergy2020$867MUndisclosed
Kyoto Fusioneering logo Kyoto FusioneeringEnergy2019¥22.3BDebt Financing
Electra logo ElectraEnergy2020$299.5MSeries B
GoodLeap logo GoodLeapFintech2003$1.2BDebt Financing
Nuclearn logo NuclearnAI2021$13MSeries A
S.P.O.N.S.O.R. (SCOP) logo S.P.O.N.S.O.R. (SCOP)AI2025$850kSeed
Holtec International logo Holtec InternationalEnergy1986$1.5BDebt Financing
Motiv Electric Trucks logo Motiv Electric TrucksMobility2009$310.8MUndisclosed
Odyssey logo OdysseyFintech2017$39.1MDebt Financing
ENGIE North America logo ENGIE North AmericaEnergy1981$1BDebt Financing
Fortera logo ForteraManufacturing2007$175.5MVenture Round
ABO Energy logo ABO EnergyManufacturing2013$240MDebt Financing
Euclid Power logo Euclid PowerEnergy2021$20MSeries A
Sympower logo SympowerEnergy2015$76.8MSeries B
Terra One logo Terra OneHardware2021$157MDebt Financing
Rad Power Bikes logo Rad Power BikesEnvironment2007$329.3MSeries D
Moleaer logo MoleaerEnergy2016$67.5MCorporate Round
Amogy logo AmogyEnergy2020$298.3MVenture Round
Radia logo RadiaMobility2016$100MSeries C
Natron Energy logo Natron EnergyHardware2012$352.6MVenture Round
Electrify America logo Electrify AmericaMobility2016$450.7MGrant
Mercuria logo MercuriaEnergy2004$15.4BDebt Financing
Consumers Energy logo Consumers EnergyRetail1886$100MGrant
WAAT logo WAATMobility2018$130MVenture Round
Madison Energy Infrastructure logo Madison Energy InfrastructureEnergy2019$1.5BDebt Financing
Leap logo LeapEnergy2017$60.1MSeries B
Nexus Renewable Power logo Nexus Renewable PowerHardware2016$320MUndisclosed
Nanoramic Laboratories logo Nanoramic LaboratoriesManufacturing2009$130.1MVenture Round
Peak Energy logo Peak EnergyEnergy2023$65MSeries A
Seabound logo SeaboundEnvironment2021$7MGrant
Univers logo UniversEnergy2017$210MVenture Round
Bidgely logo BidgelyAnalytics2011$100.7MVenture Round
Nyobolt logo NyoboltHardware2020$113.6MVenture Round
TechMet logo TechMetEnergy2017$551.5MPrivate Equity
Voltus logo VoltusEnergy2016$66.1MSeries C
Zelestra logo ZelestraEnergy$557.7MDebt Financing
Instagrid logo InstagridHardware2018$124.9MSeries C
Svante logo SvanteEnvironment2007$505.3MGrant
ICE Thermal Harvesting logo ICE Thermal HarvestingEnergy2021$151.7MDebt Financing
Edify Energy logo Edify EnergyEnergy2015A$57.7MGrant
GameChange Solar logo GameChange SolarEnergy2012$151.7MSeries A
Fervo Energy logo Fervo EnergyEnergy2017$991.6MDebt Financing
Form Energy logo Form EnergyHardware2017$1.6BDebt Financing
Moment Energy logo Moment EnergyHardware2020$61.5MGrant
Ascend Elements logo Ascend ElementsManufacturing2015$1.8BSecondary Market
LevelTen Energy logo LevelTen EnergyAnalytics2016$139.6MSeries D
itselectric logo itselectricEnergy2021$11MGrant
24M Technologies logo 24M TechnologiesHardware2010$184.8MSeries H
Aetherflux logo AetherfluxEnergy2024$50MSeries A
SSEN Transmission logo SSEN TransmissionEnergy2000$2.6BDebt Financing
Invenergy logo InvenergyEnterprise2001$10.5BDebt Financing
Hydrostor logo HydrostorEnergy2010$2.3BDebt Financing
encentive logo encentiveEnergy2020$9MSeed
enadyne logo enadyneManufacturing2022$7MSeed
Reach logo ReachEnergy2014$39.1MSeries A
HIF Global logo HIF GlobalEnergy2019$480MCorporate Round
Mosaic logo MosaicEnergy2011$489.2MPrivate Equity
EnergyX logo EnergyXManufacturing2018$649.5MEquity Crowdfunding

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