Found Energy

Boston, United States Founded: 2022 • Age: 4 yrs
Aluminum waste is converted into carbon-free hydrogen fuel storage.
Annual revenue - Latest available
Total funding $16.6M 2 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About Found Energy

Found Energy is a company based in Boston (United States) founded in 2022. 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. Found Energy operates in a competitive market with competitors including EvolOH, Ossus Biorenewables, Saikesaisi Hydrogen Energy, Green Independence and Aquature, among others.

  • Headquarter Boston, United States
  • Sectors
    Environment
    Energy & Utilities
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Found Energy Co
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $16.57 M (USD)

    in 2 rounds

  • Latest Funding Round
    $14.62 M (USD), Seed

    Jan 25, 2024

  • Investors
    Munich Re

    & 7 more

  • Employee Count
    Not available
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Products & Services of Found Energy

Found Energy offers a comprehensive portfolio of products and services, including Aluminum Thermal Power System.

Product name locked
Category locked
Primary

Converts aluminum into fuel for clean power and hydrogen production

People of Found Energy

Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Ariel Jackson
Chief Science Officer
People
Peter Godart
Co-Founder, CEO

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Teams

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital funding is provided for technology-driven industrial transformation.
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Early-stage investments are made in life sciences and technologies.
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Investor details for Found Energy

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Investments & Acquisitions by Found Energy

Investments
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Investment portfolio details for Found Energy

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  • Transaction dates
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Financial Statements - Found Energy

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Detailed financials for Found Energy

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Found Energy Comparisons

Found Energy Primary company
Description
Aluminum waste is converted into carbon-free hydrogen fuel s...
Location
Boston, United States
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Found Energy

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Competitors of Found Energy

Found Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EvolOH, Ossus Biorenewables, Saikesaisi Hydrogen Energy, Green Independence and Aquature, among others.

Company Name Domain Founded year HQ Location Description
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Electrolyzer stacks for clean hydrogen production are manufactured by EvolOH.
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On-site green hydrogen is generated from wastewater via microbial electrolysis.
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Manufacturer of PEM pure water electrolysis hydrogen production equipment
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Green hydrogen is generated from wastewater using artificial leaf technology.
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Develops decentralized platforms for industrial wastewater treatment and green chemical production.
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Detailed competitors of Found Energy

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Latest news on Found Energy

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Complete news archive for Found Energy

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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.

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's top competitors include EvolOH, Ossus Biorenewables and Green Independence.

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.

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