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Top 12 Energy Unicorn Companies in 2022

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The number of successful companies in the Energy industry and worth more than $1 billion is becoming increasingly hard to ignore.

Particularly when a lot of these companies were only founded within the last 5 years or so.

That’s why we decided to put together this list of 12 Energy companies that have achieved the Unicorn status.

12 Energy Unicorns Companies

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Workrise

Workrise

Workrise is the leading marketplace for on-demand workers, work services, and everything else that delivers efficiency in the energy industry.

Details of the startup:

  • Valuation:

    $2.90

    B (

    September 2019

    )

  • Country:

    United States

  • City:

    Austin

  • Started in:

    2014

  • Founders:

    Michael Witte, Sandeep Jain, Xuan Yong

  • Industries:

    Energy, Human Resources, Industrial, Marketplace, Online Portals, Public Safety, Service Industry

  • Number of employees:

    500-1,000

  • Funding Amount:

    $752.50M

  • Number of funding rounds:

    8

  • Number of investors:

    21

here

MoMo

MoMo

Momo is a free location-based services instant messaging application that enables smartphone users to chat with people nearby.

Details of the startup:

  • Valuation:

    $2.27

    B (

    December 2021

    )

  • Country:

    Vietnam

  • City:

    Ho Chi Minh City

  • Started in:

    2013

  • Founders:

    Lei Xiaoliang, Sic Zhang, Tang Yan

  • Industries:

    Agriculture, Content, E-Commerce, Energy, Internet of Things, Medical, Mobile Apps, Nursing and Residential Care, Security, SMS

  • Number of employees:

    500-1,000

  • Funding Amount:

    $433.70M

  • Number of funding rounds:

    9

  • Number of investors:

    11

here

ENOVATE

ENOVATE

ENOVATE is a high-end new energy vehicle manufacturer employing modern technology and innovative methods to change the way people travel.

Details of the startup:

  • Valuation:

    $1.85

    B (

    April 2019

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2015

  • Founders:

    Hailiang Zhang

  • Industries:

    Automotive, Energy, Mobile

  • Number of employees:

    500-1,000

  • Funding Amount:

    $5,986.82M

  • Number of funding rounds:

    1

  • Number of investors:

    No Data

here

Cao Cao Mobility

Cao Cao Mobility

Caocao Chuxing is a Chinese company that operates the world’s largest mobility platform, offering taxi-hailing, car-sharing, bus-hailing, and bike-sharing services.

Details of the startup:

  • Valuation:

    $1.60

    B (

    January 2018

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2015

  • Founders:

    Jinliang Liu

  • Industries:

    Energy, Mobile Apps, Recreational Vehicles, Ride Sharing, Transportation

  • Number of employees:

    500-1,000

  • Funding Amount:

    $260.35M

  • Number of funding rounds:

    4

  • Number of investors:

    9

here

Uplight

Uplight

Uplight is an award-winning technology company that provides end-to-end customer-centric solutions to multinational organizations.

Details of the startup:

  • Valuation:

    $1.50

    B (

    March 2021

    )

  • Country:

    United States

  • City:

    Boulder

  • Started in:

    2019

  • Founders:

    No Data

  • Industries:

    Energy, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $72.31M

  • Number of funding rounds:

    1

  • Number of investors:

    5

here

OVO Energy

OVO Energy

As an independent energy technology company, OVO Energy is focused on providing best-in-class customer service and competitive fixed and variable pricing.

Details of the startup:

  • Valuation:

    $1.28

    B (

    February 2019

    )

  • Country:

    United Kingdom

  • City:

    Bristol

  • Started in:

    2009

  • Founders:

    Stephen Fitzpatrick

  • Industries:

    Energy, Energy Efficiency, Renewable Energy

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $256.00M

  • Number of funding rounds:

    3

  • Number of investors:

    2

here

SVOLT

SVOLT

SVOLT (Silicon Valley Organization of Lithium Technologies) is a Silicon Valley-based lithium battery technology company that offers electric vehicle (EV) materials, cells, modules, packs, systems and BMS to drive the EV revolution.

Details of the startup:

  • Valuation:

    $1.16

    B (

    June 2020

    )

  • Country:

    China

  • City:

    Changzhou

  • Started in:

    2018

  • Founders:

    No Data

  • Industries:

    Battery, Electric Vehicle, Energy, Energy Storage, Manufacturing

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    $300.00M

  • Number of funding rounds:

    4

  • Number of investors:

    25

here

TELD

TELD

Teld New Energy is a dedicated team of industry-leading experts who are passionate about finding and implementing the technology that powers electric vehicles.

Details of the startup:

  • Valuation:

    $1.12

    B (

    December 2019

    )

  • Country:

    China

  • City:

    Qingdao

  • Started in:

    2014

  • Founders:

    Yongguang Guo

  • Industries:

    Automotive, Electric Vehicle, Energy, Transportation

  • Number of employees:

    250-500

  • Funding Amount:

    $435.98M

  • Number of funding rounds:

    4

  • Number of investors:

    8

here

Enpal

Enpal

Enpal is a photovoltaics leasing firm that provides solar power systems for homeowners with no money upfront.

Details of the startup:

  • Valuation:

    $1.10

    B (

    October 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2017

  • Founders:

    Jochen Ziervogel, Mario Kohle, Viktor Wingert

  • Industries:

    Energy, Environmental Consulting, Renewable Energy, Solar

  • Number of employees:

    250-500

  • Funding Amount:

    $750.37M

  • Number of funding rounds:

    10

  • Number of investors:

    24

here

Leap Motor

Leap Motor

Leapmotor is poised to become a leading brand in China’s burgeoning electric vehicle market.

Details of the startup:

  • Valuation:

    $1.01

    B (

    November 2018

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2015

  • Founders:

    Fu Liquan, Zhu Jiangming

  • Industries:

    Automotive, Electric Vehicle, Energy, Manufacturing

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,761.19M

  • Number of funding rounds:

    4

  • Number of investors:

    12

here

EcoFlow

EcoFlow

EcoFlow designs, develops, and manufactures environmentally friendly and cost-effective portable power stations for home and business use.

Details of the startup:

  • Valuation:

    $1.00

    B (

    June 2021

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2017

  • Founders:

    Eli Harris, Fan Zheng, Hannah Sieber, Lei Wang

  • Industries:

    Clean Energy, Consumer Electronics, Electronics, Energy, Energy Efficiency, Solar

  • Number of employees:

    250-500

  • Funding Amount:

    $470.52M

  • Number of funding rounds:

    4

  • Number of investors:

    13

here

Newlink Group

Newlink Group

Newlink primarily operates as a digital energy service provider.

Details of the startup:

  • Valuation:

    $1.00

    B (

    July 2020

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2016

  • Founders:

    No Data

  • Industries:

    Energy, Energy Management, Internet of Things

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $391.00M

  • Number of funding rounds:

    9

  • Number of investors:

    8

here
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