About SOLUNA
SOLUNA is a publicly listed company based in New York (United States) founded in 2018, and was acquired by EcoChain in August 2021. It operates as a developer of solar and wind energy projects. SOLUNA has raised $37.76 million across 4 funding rounds from investors including Eco Chain and Spring Lane Capital. The company has 48 employees. Its website solunacomputing.com draws about 14 thousand monthly visits. Its focus areas include Energy, Wind Energy, Service Providers and Project Developers. Its legal entity is MECHANICAL TECHNOLOGY INC. Its competitors include PowerFlex, EDF Renewable Energy, MasTec, We Energies and NextEra Energy Resources and 3 more; 3 of its 8 listed competitors have raised funding.
Company details
SOLUNA was founded in 2018 and is headquartered in New York, United States. The company is focused on the development of solar and wind energy projects within the renewable energy industry. Operations involve project planning, construction, and management, primarily in the United States. Services are provided to support sustainable energy infrastructure, with an emphasis on integration into computing applications.
- Headquarters New York, United States
- Employees 48
- Stage Public
- SectorsEnergy & Utilities
- Website solunacomputing.com
- Social LinkedIn X YouTube
- Acquired by EcoChain (Aug 2021)
- Legal Name Soluna Holdings, Inc.
- Annual Revenue$29.72 M (USD)-21.84as on Dec 31, 2025
- Net Profit-$53.41 M (USD)15.67as on Dec 31, 2025
- EBITDA-$17.14 M (USD)-466.07as on Dec 31, 2025
- Total Equity Funding$37.76M (USD)
in 4 rounds
- Latest Funding Round$460.2K (USD), Series B
Dec 2022
- InvestorsEco Chain
& 1 more
- Employee Count48
- Acquired byEcoChain
(Aug 2021)
Apps and channels of SOLUNA
its YouTube channel Soluna has 850 subscribers and 30 videos.
Videos from SOLUNA
The most watched videos on SOLUNA's YouTube channel, Soluna (850 subscribers). Click a video to play it here.
More on Soluna.
Funding Insights of SOLUNA
SOLUNA has successfully raised a total of $37.76M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $460.2 thousand completed in December 2022. 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 $37.76M
- Total Rounds 4
- Last Round Series B — $460,200
- First Round $1.8M
(Mar 2018)
- Investors Count 1
All 4 funding rounds of SOLUNA 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 |
|---|---|---|---|---|---|
| Dec 2022 | $460,200 | Series B | – | – | – |
| May 2022 | $35M | Series B | – | Spring Lane Capital | – |
| Mar 2020 | $500,000 | Seed | – | – | – |
| Mar 2018 | $1.8M | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in SOLUNA
SOLUNA has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Eco Chain and Spring Lane Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Spring Lane Capital is focused on sustainable project financing. | 2017 | springlanecapital.com | Boston, United States | |
Environmental life cycle assessments are managed for manufacturing companies. | 2011 | ecochain.com | Amsterdam, Netherlands |
Investor details for SOLUNA
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IPO & Listings of SOLUNA
SOLUNA is a publicly listed company on the NASDAQ with ticker symbol SLNH in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date04 May 2009
- Listed onNASDAQ: SLNH
- Listed entitySoluna Holdings, Inc.
- Exchange sectorElectronic technology
- ISINUS5835433013
- Share price$0.79 (-7.06% on the day) · 2026-10-13
- Market capitalisation$194.9M
- EPS (diluted, trailing year)$-1.73
- Volume (last session)9,677,145
Financials of SOLUNA
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $29.7M | -$53.4M | -$17.1M |
| 2024 | $38.0M | -$63.3M | -$3.0M |
| 2023 | $21.1M | -$29.2M | -$6.0M |
| 2022 | $28.6M | -$98.7M | -$8.4M |
| 2021 | $14.3M | -$5.3M | -$773,000 |
Detailed financial statements for SOLUNA
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of SOLUNA
5 dated milestones of SOLUNA across 13 years, from founding to its latest funding, stage changes and deals.
- IPO Lists on the stock exchange (IPO).
- Founded SOLUNA is founded.
- Funding First funding round of $1.8M.
- Exit Acquired by EcoChain.
- Funding Latest funding round, Series B, of $460K.
Competitors of SOLUNA
SOLUNA has 8 listed competitors in our database, 3 of them funded. They include PowerFlex, EDF Renewable Energy, MasTec, We Energies and NextEra Energy Resources, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| powerflex.com | 2017 | San Diego, United States | $100M | – | Renewable energy project development services are provided by PowerFlex. | |
| edf-re.com | 1987 | San Diego, United States | – | 997 | Solar and wind energy projects are developed and operated. | |
| mastec.com | 1929 | Coral Gables, United States | – | 32,000 | Infrastructure construction company | |
| we-energies.com | 1896 | Milwaukee, United States | – | – | Provider of independent electric power through solar energy | |
| nexteraenergyresources.com | 1925 | Juno Beach, United States | – | 9,500 | Wind and solar energy power projects are developed globally. | |
| energyre.com | 2009 | New York, United States | $1.2B | – | Wind and solar energy projects are developed by energyRe. | |
| scoutcleanenergy.com | 2016 | Boulder, United States | – | – | Developer of wind energy projects | |
| aerominetechnologies.com | 2017 | Houston, United States | $9M | – | Wind energy projects are developed for renewable power solutions. |
Detailed competitors of SOLUNA
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of SOLUNA
The website of SOLUNA (solunacomputing.com) receives about 14.2K visits a month.
- Monthly visits14.2K
▼ 15.5% vs previous month
Websites whose visitors overlap most with SOLUNA. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
solunaapp.com | solunaapp.com | 100% | – | #605,400 | – |
solunasa.com | solunasa.com | 99% | – | #7,913,131 | – |
soluna.co | soluna.co | 94% | – | #5,088,555 | – |
Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as SOLUNA (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about Soluna
Complete news archive for SOLUNA
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Frequently Asked Questions about SOLUNA
SOLUNA was founded in 2018.
SOLUNA is headquartered in New York, United States. It is registered at New York, New York, United States.
SOLUNA is a funded company, having raised a total of $37.76M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.8M, raised on Mar 2018.
SOLUNA has 48 employees.
Annual revenue of SOLUNA is $29.72M as on Dec 31, 2025.
SOLUNA was founded in 2018 and is headquartered in New York, United States. The company is focused on the development of solar and wind energy projects within the renewable energy industry. Operations involve project planning, construction, and management, primarily in the United States. Services are provided to support sustainable energy infrastructure, with an emphasis on integration into computing applications.
SOLUNA's top competitors include PowerFlex, MasTec and EDF Renewable Energy.
Yes, SOLUNA is publicly traded on NASDAQ under the ticker symbol SLNH.
SOLUNA has 2 investors. Key investors include Eco Chain, and Spring Lane Capital.
SOLUNA operates through Mechanical Technology Inc.
Yes. SOLUNA was acquired by EcoChain in August 2021.