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
What is Found Energy worth?
$39.0Mlast reported valuation · Oct 2026

Found Energy's last reported valuation, May 2024. Nothing priced has surfaced since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Found Energy funding history

3 rounds
DateRoundRaisedPost-money
Apr 2025Early Stage VC$5.4M▮
May 2024Seed Round$14.6M▮
Aug 2022Seed Round$1.9M▮
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Found Energy valuation

Found Energy's last reported valuation was $39 million in May 2024. No priced round, secondary trade or fund mark has surfaced since.

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).

How Found Energy's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Found Energy, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by last reported valuation. Question about this number? Full methodology →

Frequently asked about Found Energy

What is Found Energy worth?
Found Energy is valued at $39.0M as of Oct 2026. Found Energy's last reported valuation, May 2024. Nothing priced has surfaced since.
How much has Found Energy raised?
Found Energy has raised $22.4M in total funding across 3 recorded rounds.
When did Found Energy last raise?
Found Energy last raised in Apr 2025 (Early Stage VC), raising $5.4M.