Found Energy

Energy Production · Boston, MA · Founded 2022 · Privately Held (backing)

Developer of rechargeable aluminum fuel power systems designed to bring renewables to heavy industries. Found Energy is based in Boston, MA and was founded in 2022. Its last reported valuation was $39 million in May 2024. It has raised $22.4 million across 3 recorded rounds; the latest was a $5.4 million early-stage round in Apr 2025.

Last reported valuation
$39.0M
Oct 2026
Priced at
—
Total raised
$22.4M
Last round
Early Stage VC
Apr 2025
How much has Found Energy raised?
$22.4Macross 3 recorded rounds · Aug 2022 – Apr 2025

Most recently, Found Energy raised $5.4M in its Early Stage VC (Apr 2025).

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Found Energy round by round

3 rounds
Apr 2025Early Stage VC$5.4MSEC filing▮
11 investors participated
May 2024Seed Round$14.6M▮
+ 1 more investors · free account
Aug 2022Seed Round$1.9MSEC filing▮
17 investors participated

How much has Found Energy raised?

Found Energy has raised $22.4 million across 3 recorded rounds since 2022. The largest was a $5.4 million early-stage round in Apr 2025.

Found Energy has filed 4 Form Ds with the SEC since 2022, most recently in May 2024 ($14.6 million sold to 32 investors).

Found Energy investors

19 investors are on record for Found Energy, including Impact Assets, Climate Capital, Bessemer Venture Partners and Collaborative Fund. By type, the record holds 4 venture capital firms and 1 private equity firm. The early-stage round in Apr 2025 drew 11 investors.

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Frequently asked about Found Energy

How much has Found Energy raised?
Found Energy has raised $22.4M in total across 3 recorded funding rounds.
When was Found Energy's last funding round?
Found Energy's most recent recorded round was Early Stage VC in Apr 2025, raising $5.4M.