About Planet Found Energy Development
Planet Found Energy Development is an Environment company based in Pocomoke City (United States) founded in 2011, and was acquired by Chesapeake Utilities in November 2022. Manufacturer and supplier of biogas plant to convert poultry litter to electricity and heat. Planet Found Energy Development has raised $1.04 million across 4 funding rounds from investors including Maryland.gov and Chesapeake Utilities. Its focus areas include Waste & Water Management, Waste Management, Treatment and Processing. Its competitors include PittMoss, CalBio and MaxWest Environmental Systems; 2 of its 3 listed competitors have raised funding.
Company details
Planet Found Energy Development was founded in 2011 in Pocomoke City, United States. Biogas plants are produced and distributed by the company within the renewable energy sector. Poultry litter is processed through these installations to generate electricity and heat, supporting waste-to-energy operations in agricultural environments. Focus is placed on sustainable solutions for biomass conversion, with activities centered in the United States.
- Headquarters Pocomoke City, United States
- Stage Acquired
- SectorsEnvironment
- Website pfedusa.com
- Social LinkedIn
- Acquired by Chesapeake Utilities (Nov 2022)
- Total Equity Funding$1.04M (USD)
in 4 rounds
- Latest Funding Round$360K (USD), Seed
Jul 2019
- InvestorsMaryland.gov
& 1 more
- Acquired byChesapeake Utilities
(Nov 2022)
Funding Insights of Planet Found Energy Development
Planet Found Energy Development has successfully raised a total of $1.04M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $360 thousand completed in July 2019. 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 $1.04M
- Total Rounds 4
- Last Round Seed — $360,000
- First Round $676,144
(Aug 2014)
- Investors Count 1
All 4 funding rounds of Planet Found Energy Development with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | $360,000 | Seed | – | – | – |
| Dec 2016 | $675,012 | Seed | – | – | – |
| Aug 2014 | Grant | – | – | ||
| Aug 2014 | $676,144 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Planet Found Energy Development
Planet Found Energy Development has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Maryland.gov and Chesapeake Utilities.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Access to government programs and development services is facilitated. | maryland.gov | United States | ||
Electricity is supplied by Chesapeake Utilities in the United States. | 1859 | chpk.com | Dover, United States |
Investor details for Planet Found Energy Development
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Timeline of Planet Found Energy Development
4 dated milestones of Planet Found Energy Development across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Planet Found Energy Development is founded.
- Funding First funding round of $676K.
- Funding Latest funding round, Seed, of $360K.
- Exit Acquired by Chesapeake Utilities.
Competitors of Planet Found Energy Development
Planet Found Energy Development has 3 listed competitors in our database, 2 of them funded. They include PittMoss, CalBio and MaxWest Environmental Systems.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pittmoss.com | 2011 | Ambridge, United States | $7.79M | 1,800 | Eco-friendly peat moss substitute is made from recycled paper. | |
| calbioenergy.com | 2006 | Visalia, United States | 41 | Bio-gas digester projects are developed alongside waste treatment services. | ||
| maxwestenergy.com | 2008 | Sanford, United States | $47M | Bio-solids are converted into green thermal energy by the company. |
Detailed competitors of Planet Found Energy Development
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Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Planet Found Energy Development (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 Planet Found Energy Development
Planet Found Energy Development was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Planet Found Energy Development is headquartered in Pocomoke City, United States. It is registered at Pocomoke City, Maryland, United States.
Planet Found Energy Development is a funded company, having raised a total of $1.04M across 4 funding rounds to date. The company's 1st funding round was a Grant of $676.14K, raised on Aug 2014.
Planet Found Energy Development was founded in 2011 in Pocomoke City, United States. Biogas plants are produced and distributed by the company within the renewable energy sector. Poultry litter is processed through these installations to generate electricity and heat, supporting waste-to-energy operations in agricultural environments. Focus is placed on sustainable solutions for biomass conversion, with activities centered in the United States.
Planet Found Energy Development's top competitors include CalBio, PittMoss and MaxWest Environmental Systems.
Planet Found Energy Development has 2 investors. Key investors include Maryland.gov, and Chesapeake Utilities.
Yes. Planet Found Energy Development was acquired by Chesapeake Utilities in November 2022.