About RedWave Energy
RedWave Energy is an Energy & Utilities company based in Glen Ellyn (United States) founded in 2011. It operates as a renewable energy is generated from infrared spectrum via nano-antenna technology. RedWave Energy has raised $18.71 million across 7 funding rounds from investors including Earth Foundry, Northwater Capital Management and Enertech. Its focus areas include Energy Tech, Energy Efficiency Tech, Thermal Products and Waste Heat Recovery. Its competitors include MTPV and HyperBorean; 2 of its 2 listed competitors have raised funding.
Company details
RedWave Energy was founded in 2011 and is headquartered in Glen Ellyn, United States. Operations focus on the renewable energy sector, where technology is developed to capture energy from the infrared and near-infrared spectrum. Electricity is harvested in the visible range through licensed nano-antenna systems. Additional generation is enabled from heat lost in industrial processes, supporting sustainable energy solutions.
- Headquarters Glen Ellyn, United States
- SectorsEnergy & Utilities
- Website redwaveenergy.com
- Social LinkedIn
- Total Equity Funding$18.71M (USD)
in 7 rounds
- Latest Funding Round$5.21M (USD), Series B
May 2019
- InvestorsEarth Foundry
& 3 more
Funding Insights of RedWave Energy
RedWave Energy has successfully raised a total of $18.71M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $5.21 million completed in May 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 $18.71M
- Total Rounds 7
- Last Round Series B — $5.21M
- First Round $2M
(Mar 2012)
- Investors Count 4
All 7 funding rounds of RedWave Energy 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 |
|---|---|---|---|---|---|
| May 2019 | $5.21M | Series B | – | – | – |
| Jul 2016 | $5.5M | Series B | – | Energy Foundry | |
| Aug 2015 | $1M | Series A | – | – | – |
| Mar 2015 | $1M | Series A | – | – | – |
| Mar 2014 | $1M | Series A | – | – | – |
| May 2013 | $3M | Series A | – | Northwater Capital Management | – |
| Mar 2012 | $2M | Seed | – | – | – |
4 investors in total: 4 institutional.
Investors in RedWave Energy
RedWave Energy has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Earth Foundry, Northwater Capital Management and Enertech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is provided for critical industries by Earth Foundry. | 2012 | energyfoundry.com | - | |
- | – | northwatercapital.com | - | |
Enertech is engaged in energy and clean technology development. | 2012 | enertech.com.kw | Kuwait City, Kuwait | |
Donors are empowered to advance untapped climate solutions rapidly. | – | primecoalition.org | - |
Investor details for RedWave Energy
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Timeline of RedWave Energy
3 dated milestones of RedWave Energy across 8 years, from founding to its latest funding, stage changes and deals.
- Founded RedWave Energy is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Series B, of $5.2M.
Competitors of RedWave Energy
RedWave Energy has 2 listed competitors in our database, 2 of them funded. They include MTPV and HyperBorean, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mtpv.com | 2003 | Austin, United States | $45.25M | 17 | Produces high-quality photovoltaic cells using micron-gap thermophotovoltaics technology. | |
| coldfromheat.com | 2014 | Wichita, United States | $2.1M | – | Provider of cooling solutions from waste solar heat |
Detailed competitors of RedWave Energy
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Top companies in Energy Efficiency Solutions
10 companies that operate in the same segment as RedWave Energy (Energy Efficiency Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Renewable energy is supplied via app-based platform by OVO Energy. | 2009 | Bristol, England, United Kingdom | USD 257.69 M | USD 1.25 B | 3,191 | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
IoT and SaaS solutions for building energy management are provided. | 2011 | Munchen, Bayern, Germany | USD 245.02 M | USD 715.19 K | 201 | |
Provider of smart energy management solutions | 2013 | Sunnyvale, California, United States | USD 534.75 M | – | 204 | |
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.01 B | USD 101.33 M | 410 | |
Aerogel-based thermal insulation solutions are provided for energy conservation. | 2001 | United States | USD 198.35 M | USD 271.1 M | 554 |
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Related news about Redwave Energy
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Frequently Asked Questions about RedWave Energy
RedWave Energy was founded in 2011 and raised its 1st funding round 1 year after it was founded.
RedWave Energy is headquartered in Glen Ellyn, United States. It is registered at Glen Ellyn, Illinois, United States.
RedWave Energy is a funded company, having raised a total of $18.71M across 7 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Mar 2012.
RedWave Energy was founded in 2011 and is headquartered in Glen Ellyn, United States. Operations focus on the renewable energy sector, where technology is developed to capture energy from the infrared and near-infrared spectrum. Electricity is harvested in the visible range through licensed nano-antenna systems. Additional generation is enabled from heat lost in industrial processes, supporting sustainable energy solutions.
RedWave Energy's top competitors include HyperBorean and MTPV.
RedWave Energy has 4 investors. Key investors include Earth Foundry, Northwater Capital Management, Enertech, and Prime Coalition.