Energy conservation benefits both the earth and people. In addition to protecting the environment from the effects of excessive resource consumption and pollution, it decreases the cost of living. Energy solution providers are crucial because of this. They are dedicated to cost-cutting, environmental protection, and promoting the development of renewable energy, which is crucial.
The startups listed below are devoted to this objective and have recently raised funding.
1. Enapter
Country: Italy | Funding: $105.6M
Founded in 2017, Enapter is an energy startup with a base in Italy that creates modular hydrogen generators. Enapter creates a scalable electrolyzer that replaces fossil fuels. It assists clients and partners who use AEM (Anion Exchange Membrane) Electrolysers in a variety of settings, including transportation, industrial, research, power-to-heat, and power-to-gas conversion.
2. Form Energy
Country: USA | Funding: $818.8M
American energy storage company Form Energy is best known for its first commercial product, a rechargeable iron-air battery with a 100-hour power storage capacity. The company is now concentrating on creating a new class of cost-effective, multi-day energy storage systems that will enable a reliable and fully renewable electric grid all year round.
3. MSP Technologies
Country: UK | Funding: £500K
Using a variety of renewable energy sources, MSP Technologies, a British energy storage specialist, creates flexible modular hybrid power solutions that can be quickly deployed in any setting. MSP’s storage solutions include complete disconnection from the grid, carbon footprint reduction, energy efficiency increase, EV charging stations, microgrid building, and several others.
4. Orcan Energy
Country: Germany | Funding: $27.5M
Orcan Energy uses heat to produce sustainable electricity and is committed to zero energy waste. Orcan Energy increases efficiency by converting unused engine energy into clean power, which lowers costs and CO2 emissions.
5. LongPath Technologies
Country: USA | Funding: $23.5M
To provide continuous methane emissions and leak detection solutions for the oil and gas industry, LongPath Technologies was founded by Colarado Energy in 2017. Oil & gas production facilities that are spread out as well as natural gas storage facilities are covered by Longpath Services.
6. Revel Energy
Country: USA
Revel Energy is a company that specializes in renewable energy with a focus on industrial, commercial, and agricultural properties. Services provided by Revel include installing solar panels, LED lighting, and energy storage.
7. GoSun
Country: USA | Funding: $6.9M
GoSun is a retailer of solar-powered appliances such as portable refrigerators, lighting, water purification systems, and generators. GoSun through its groundbreaking solar technologies that outperform current outdoor equipment allows people to enjoy fundamental demands with no pollutants emitted.
8. Woltair
Country: Czech Republic | Funding: $20.4M
Using a digital platform, Woltair, a climate tech business with roots in Prague, enables customers to switch to more inexpensive energy options. Woltair links customers, experts, and supply chains to expedite the purchasing and installation processes. It was established in 2018.
9. Astrobotic
Country: USA | Funding: $212M
Astrobotic Technology, a lunar-focused service provider based in Pittsburgh, is committed to developing a lunar surface commercial power service. It will allow nonprofit organizations, corporations, and space agencies to continue operating on the Moon even during the lunar night.
10. Ocean Biofuels
Country: UK | Funding: £4m
Established in 2021, Ocean Biofuels is dedicated to manufacturing biofuels from seaweed algae, enhancing carbon sequestration, and assuring a sustainable supply of biogas and organic fertilizer for kelp farms. Its headquarters are in Edinburgh, Scotland.
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