About Found Energy
Found Energy is an Environment company based in Boston (United States) founded in 2022. Aluminum waste is converted into carbon-free hydrogen fuel storage. It operates in the Environment and Energy & Utilities sectors. Found Energy has raised $16.57 million across 2 funding rounds from investors including Munich Re, MassCEC and Good Growth Capital. Found Energy offers products and services including Aluminum Thermal Power System. Its focus areas include Energy Tech, Energy Storage Tech, Hydrogen and Hydrogen Generation. Its legal entity is Found Energy Co.
Company details
Found Energy was founded in 2022 in Boston, United States, within the clean energy sector. Hydrogen storage solutions are developed by converting aluminum waste into carbon-free fuel. Modular fuel packs are supplied to deliver hydrogen and direct process heat, with adjustments possible for flow rates, pressures, and temperatures. Operations focus on sustainable fuel production for various applications.
- Headquarters Boston, United States
- SectorsEnvironmentEnergy & Utilities
- Website found.energy
- Social LinkedIn X
- Legal Name Found Energy Co
- Total Equity Funding$16.57M (USD)
in 2 rounds
- Latest Funding Round$14.62M (USD), Seed
Jan 2024
- InvestorsMunich Re
& 7 more
Products & Services of Found Energy
Found Energy offers a comprehensive portfolio of products and services, including Aluminum Thermal Power System.
Converts aluminum into fuel for clean power and hydrogen production
Funding Insights of Found Energy
Found Energy has successfully raised a total of $16.57M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $14.62 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $16.57M
- Total Rounds 2
- Last Round Seed — $14.62M
- First Round $1.95M
(Aug 2022)
- Investors Count 8
All 2 funding rounds of Found Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
8 investors in total: 8 institutional.
Investors in Found Energy
Found Energy has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Munich Re, MassCEC and Good Growth Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is provided for technology-driven industrial transformation. | 2021 | kompas.vc | Hørsholm, Denmark | |
Early-stage investments are made in life sciences and technologies. | 2017 | goodgrowthvc.com | Charleston, United States | |
| autodesk.org | ||||
A fund focused on technology-driven social and environmental impact. | j-impact.fund | |||
Multi sector focused VC firm making early stage investments | gitv.vc | Chiyoda City, Japan | ||
Accelerator & incubator focused on clean energy firms | 2009 | masscec.com | Boston, United States | |
Venture capital is invested in climate tech startups and entrepreneurs. | climatecapital.co | San Francisco, United States | ||
Platform offering insurance risk management solutions | 1880 | munichre.com | Munich, Germany |
Investor details for Found Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Found Energy
2 people are tracked at Found Energy (2 in leadership).
| Name | Role | Group |
|---|---|---|
Ariel Jackson | Chief Science Officer | Leadership |
Peter Godart | Co-Founder, CEO | Leadership |
Complete people profiles for Found Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Found Energy
3 dated milestones of Found Energy across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Found Energy is founded.
- Funding First funding round of $1.9M.
- Funding Latest funding round, Seed, of $14.6M.
Web traffic of Found Energy
The website of Found Energy (found.energy) receives about 2.8K visits a month.
- Monthly visits2.8K
▲ 27.8% vs previous month
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Found Energy (Waste & Water Management Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | USD 25.2 B | 61,700 | ||
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | USD 16.59 B | 42,000 | ||
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | 102 |
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Frequently Asked Questions about Found Energy
Found Energy was founded in 2022.
Found Energy is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Found Energy is a funded company, having raised a total of $16.57M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.95M, raised on Aug 2022.
Found Energy was founded in 2022 in Boston, United States, within the clean energy sector. Hydrogen storage solutions are developed by converting aluminum waste into carbon-free fuel. Modular fuel packs are supplied to deliver hydrogen and direct process heat, with adjustments possible for flow rates, pressures, and temperatures. Operations focus on sustainable fuel production for various applications.
Found Energy offers Aluminum Thermal Power System.
Found Energy has 8 investors. Key investors include Munich Re, MassCEC, Good Growth Capital, KOMPAS VC, and Autodesk.
Found Energy operates through Found Energy Co.