What is Found Energy?
Found Energy is dedicated to forging a sustainable and equitable future for the planet by addressing climate change, one of the most critical preventable threats. The company is actively developing novel energy carriers designed to provide an inexpensive, safe, and ethical alternative to fossil fuels. By targeting the most difficult-to-decarbonize industries, Found Energy aims to accelerate the global transition to clean energy and significantly reduce greenhouse gas emissions.
How much funding has Found Energy raised?
Found Energy has raised a total of $12M across 1 funding round:
Angel/Seed
$12M
Angel/Seed (2024): $12M with participation from The Autodesk Foundation, Good Growth Capital, MassCEC, KOMPAS VC, Munich Re Ventures, and J-Impact Fund
Key Investors in Found Energy
The Autodesk Foundation
The Autodesk Foundation is a philanthropic organization focused on supporting innovative solutions for social and environmental challenges, particularly in areas like energy and sustainability. They provide funding and technology to scale impactful solutions.
Good Growth Capital
Good Growth Capital is an early-stage venture capital firm that specializes in transformative science and technology investments, including green technology. They back innovative startups aiming to create global change.
MassCEC
The Massachusetts Clean Energy Center (MassCEC) is a state-funded agency dedicated to accelerating the success of clean energy technologies, companies, and projects within Massachusetts.
What's next for Found Energy?
With this substantial backing, Found Energy is poised for accelerated growth and market expansion. The enterprise-level capital infusion will likely fuel further research and development, enhance production capabilities, and strengthen strategic partnerships. The company's focus on providing clean energy alternatives for heavy industries positions it as a key player in the global decarbonization effort, with significant potential to reshape the energy landscape and contribute to a more sustainable future.
See full Found Energy company page
