Industry
Renewable energy companies
VCMC tracks 8,197 companies in Renewable energy companies. 202 of them have raised a venture or growth round, $32.85B in total, with a median round of $22M; 107 raised since 2024. 198 of the 202 have a VCMC valuation; the median is $147M.
8,197
companies tracked
202
venture-backed
2% of those tracked
$32.85B
raised in total
by 191 companies
$22M
median round
of 259 rounds with an amount
$147M
median valuation
of 198 companies valued
Values cover private companies only; public companies are not included.
By their latest round, most are at Series C or later (75 of 202).
- Pre-seed 8
- Seed 51
- Series A 43
- Series B 23
- Series C and later 75
- Stage not stated 2
The companies
Renewable energy companies
The 50 venture-backed companies below are this page's list; Invenergy has raised the most ($4.00B).
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Invenergy United States | Growth Equity Jun 2023 $1.00B | $11.2B | $1.7B – $19.2B | $10.6B (-6%) | $1.2B | 0% | 2,478 | flat | D | |
| 2 | Jupiter Power Austin, United States | Growth Equity Sep 2026 $1.40B | $15.7B | $10.2B – $26.0B | $17.1B (+9%) | $1.5B | 0% | 271 | growing | B | |
| 3 | Solör Bioenergi Sweden | Growth Equity Mar 2024 $2.12B | $23.8B | $5.3B – $36.3B | $23.8B (0%) | $2.3B | 0% | 3 | unknown | C | |
| 4 | TerraPower Bellevue, United States | Growth Equity Jun 2025 $650M | $8.3B | $4.4B – $12.7B | $8.3B (0%) | $748M | 0% | 1,077 | up | B | |
| 5 | Acelen Renováveis Montes Claros, Brazil | Growth Equity May 2026 $1.50B | $14.4B | $9.2B – $23.5B | $15.4B (+7%) | $1.7B | 0% | 308 | growing | B | |
| 6 | Helion Everett, United States | Series G Jun 2026 $465M | $17.2B | $13.5B – $23.4B | $20.4B (+18%) | $2.2B | 0% | 589 | growing | A | |
| 7 | Intersect United States | Other Sep 2025 $41M | $5.9B | $513M – $8.4B | $5.9B (0%) | $530M | 0% | 7 | unknown | D | |
| 8 | GreenYellow Puteaux, France | Debt Apr 2026 $938M | $1.1B | $91.1M – $2.4B | $1.1B (0%) | $187M | 14% | 750 | flat | D | |
| 9 | Matrix Renewables Madrid, Spain | Debt Jun 2026 $470M | $2.2B | $1.4B – $3.6B | $2.4B (+7%) | $232M | 0% | 156 | up | B | |
| 10 | Pacific Fusion Fremont, United States | Series A Oct 2024 $900M | $12.7B | $5.5B – $19.3B | $12.7B (0%) | $1.8B | 0% | 225 | growing | C | |
| 11 | Plenitude Milan, Italy | Growth Equity Dec 2023 $768M | $10.3B | $3.9B – $11.9B | $9.2B (-11%) | $1.0B | 0% | 1,768 | up | B | |
| 12 | IGNIS Madrid, Spain | Growth Equity Oct 2021 $723M | $5.4B | $360M – $11.2B | $5.4B (0%) | $795M | 0% | 681 | flat | D | |
| 13 | Hydrostor Toronto, Canada | Growth Equity Aug 2026 $230M | $2.6B | $1.7B – $4.3B | $2.8B (+8%) | $254M | 0% | 137 | flat | B | |
| 14 | new cleo Paris, France | Growth Equity Feb 2026 $89M | $906M | $591M – $1.4B | $738M (-19%) | $97.0M | 88% | 607 | down | B | |
| 15 | Elvy Stockholm, Sweden | Debt Dec 2025 $590M | $42.8M | $10.9M – $65.2M | $42.8M (0%) | $8.40M | 0% | 33 | up | C | |
| 16 | SK Innovation E&S Seoul, South Korea | Growth Equity Dec 2022 $576M | $5.3B | $698M – $8.9B | $5.1B (-4%) | $664M | 8% | 421 | flat | D | |
| 17 | NewLink Pingfang, China | Series E Aug 2021 $308M | $3.9B | $423M – $5.6B | $3.9B (0%) | $502M | 0% | 31 | up | D | |
| 18 | EcoCeres Kowloon, Hong Kong | Growth Equity Jan 2023 $400M | $2.1B | $347M – $4.5B | $2.1B (-2%) | $332M | 0% | 399 | up | D | |
| 19 | Shizen Energy Fukuoka, Japan | Growth Equity Oct 2022 $470M | $2.4B | $349M – $7.2B | $2.2B (-7%) | $543M | 23% | 188 | flat | D | |
| 20 | Highview Power London, United Kingdom | Growth Equity Jun 2024 $380M | $5.0B | $2.5B – $7.7B | $2.9B (-42%) | $498M | 1% | 113 | growing | B | |
| 21 | London, United Kingdom | Growth Equity Jul 2023 $257M | $2.9B | $1.1B – $4.4B | $2.9B (0%) | $283M | 0% | 741 | growing | C | |
| 22 | London, United Kingdom | Debt Mar 2025 $200M | $444M | $185M – $684M | $437M (-2%) | $44.2M | 4% | 366 | flat | C | |
| 23 | Eresing, Germany | Series B Sep 2026 $175M | $1.1B | $737M – $2.2B | $1.6B (+46%) | $188M | 0% | 162 | growing | B | |
| 24 | Munich, Germany | Growth Equity Mar 2025 $54M | $699M | $396M – $1.1B | $699M (0%) | $68.6M | 0% | 133 | growing | B | |
| 25 | Bengaluru, India | Series C Jun 2026 $66M | $582M | $350M – $1.1B | $692M (+19%) | $87.6M | 0% | 974 | growing | B | |
| 26 | Wakefield, United Kingdom | Growth Equity Jan 2025 $122M | $1.7B | $962M – $2.6B | $1.7B (0%) | $169M | 0% | 63 | growing | B | |
| 27 | Berlin, Germany | Growth Equity Mar 2022 $121M | $411M | $74.9M – $1.8B | $388M (-6%) | $133M | 56% | 44 | down | D | |
| 28 | Sunnfjord, Norway | Series C Mar 2022 $100M | $349M | $62.0M – $1.6B | $321M (-8%) | $145M | 58% | 291 | down | D | |
| 29 | Amsterdam, Netherlands | Growth Equity Dec 2023 $108M | $1.6B | $748M – $2.5B | $1.6B (0%) | $159M | 0% | 144 | growing | B | |
| 30 | Stockholm, Sweden | Series B Sep 2024 $59M | $293M | $133M – $768M | $182M (-38%) | $71.7M | 97% | 23 | down | C | |
| 31 | Bengaluru, India | Growth Equity Jul 2019 $100M | $388M | $60.4M – $1.1B | $388M (0%) | $110M | 46% | 488 | down | D | |
| 32 | London, United Kingdom | Series B Feb 2026 $75M | $433M | $261M – $581M | $505M (+17%) | $60.6M | 0% | 227 | growing | B | |
| 33 | Brazil | Growth Equity Aug 2023 $90M | $674M | $108M – $1.3B | $629M (-7%) | $99.0M | 0% | 531 | flat | D | |
| 34 | Paris, France | Growth Equity Dec 2022 $74M | $343M | $72.2M – $1.4B | $290M (-15%) | $106M | 45% | 16 | flat | D | |
| 35 | Stockholm, Sweden | Growth Equity Dec 2025 $50M | $424M | $281M – $624M | $439M (+4%) | $43.1M | 0% | 155 | growing | B | |
| 36 | Hamilton, Canada | Acquisition Sep 2017 $65M | $856M acquired 2017 | $51.1M – $1.3B | – | – | 0% | – | unknown | D | |
| 37 | Squamish, Canada | Acquisition Aug 2023 $1.10B | $756M acquired 2023 | $64.5M – $1.1B | – | – | 0% | 150 | flat | D | |
| 38 | Rauma, Finland | Growth Equity Jul 2025 $38M | $323M | $201M – $458M | $323M (0%) | $31.6M | 0% | 80 | growing | B | |
| 39 | Erlangen, Germany | Growth Equity Sep 2021 $59M | $94.1M | $44.5M – $340M | $83.1M (-12%) | $80.4M | 97% | 90 | shrinking | D | |
| 40 | Singapore, Singapore | Debt Dec 2025 $15M | $296M | $119M – $421M | $218M (-26%) | $47.7M | 0% | 40 | growing | C | |
| 41 | Planegg, Germany | Series D Jan 2022 $41M | $52.7M | $23.5M – $260M | $51.5M (-2%) | $69.7M | 97% | 33 | shrinking | D | |
| 42 | Paris, France | Series A Oct 2026 $17M | $87.2M | $56.3M – $235M | $154M (+77%) | $23.5M | 0% | 16 | growing | C | |
| 43 | Guildford, United Kingdom | Acquisition Aug 2024 $88M | $474M acquired 2024 | $286M – $730M | – | – | 0% | 130 | up | B | |
| 44 | Tokyo, Japan | Series B Oct 2026 $21M | $133M | $91.8M – $277M | $195M (+47%) | $24.7M | 0% | 21 | up | B | |
| 45 | Berlin, Germany | Series A May 2025 $27M | $229M | $69.4M – $325M | $229M (0%) | $34.9M | 0% | 3 | unknown | C | |
| 46 | Singapore, Singapore | Seed Nov 2024 $8.8M | $108M | $33.4M – $125M | $108M (0%) | $22.4M | 0% | 31 | up | C | |
| 47 | Saint John, Canada | Series B Dec 2025 | $70.0M | $52.5M – $82.5M | $64.6M (-8%) | $10.1M | 59% | 17 | up | A | |
| 48 | Amsterdam, Netherlands | Bridge Sep 2025 $22M | $25.3M | $13.6M – $60.5M | $15.7M (-38%) | $6.66M | 97% | 161 | shrinking | C | |
| 49 | Munich, Germany | Growth Equity Sep 2022 $28M | $129M | $28.2M – $458M | $109M (-16%) | $33.1M | 56% | 69 | down | D | |
| 50 | Laval, Canada | Series B Mar 2023 $28M | $293M | $45.6M – $564M | $272M (-7%) | $42.4M | 6% | 44 | up | D |
Showing 50 of 8,197. Load more lists every other company here, 50 at a time.
Valuations
How these companies are valued
198 of the 202 venture-backed companies here have a VCMC valuation; the median is $147M. A company acquired after its last round keeps its last value as a private company and is left out of the median. 8 companies have disclosed a valuation; for the rest VCMC's valuation is the only number. Each valuation comes with a range, from a low to a high scenario, and a prediction for a year from now. Values cover private companies only; public companies are not included. How VCMC values companies.
Investors
Who backs them
Firms that backed two or more of these companies. Breakthrough Energy backed 9, Lowercarbon Capital 6.
- Breakthrough Energy 9 companies, led 2
- Lowercarbon Capital 6 companies, led 1
- Energy Impact Partners 5 companies, led 3
- Chevron Technology Ventures 5 companies
- 4 companies
- 4 companies
- Union Square Ventures 4 companies
- Founders Fund 3 companies, led 3
- At One Ventures 3 companies, led 2
- 3 companies, led 2
- 3 companies, led 1
- Baker Hughes 3 companies, led 1
Recent rounds
Latest funding
43 rounds from Oct 2025 to Sep 2026, $5.55B with a disclosed amount.
- Series B, led by Kembara $175M 29 Sep 2026
- Growth, led by Climate Adaptive Infrastructure $268M 24 Sep 2026
- Series B, with Centaurus Capital and Doerr Capital $135M 17 Sep 2026
- Jupiter Power Growth, with HSBC Bank US, N.A. and SMBC $1.40B 16 Sep 2026
- Growth, with S2G Investments and Canada Growth Fund $100M 16 Sep 2026
- Bridge, led by Danir AB $2.3M 11 Sep 2026
- Series A, led by Sandton $23M 9 Sep 2026
- Seed, with British Design Fund and Innovate UK $540K 20 Aug 2026
- Hydrostor Growth, with Canada Growth Fund and Goldman Sachs Alternatives $230M 12 Aug 2026
- Seed, led by Blue Lake VC $1.3M 11 Aug 2026
- Seed $1.8M 10 Aug 2026
- Series A, led by Suma Capital $11M 8 Jul 2026
Browse
Related groups
Renewable energy companies by country
Other industries
Questions
Frequently asked
How many renewable energy companies does VCMC track?
8,197. 202 of them have raised a venture or growth round.
How much have renewable energy companies raised?
$32.85B in total across the 191 with a known amount; the median round is $22M. 107 raised a round since 2024.
Which renewable energy companies have raised the most?
Invenergy ($4.00B), Jupiter Power ($2.58B), Solör Bioenergi ($2.12B).
Which investors back renewable energy companies most often?
Breakthrough Energy (9 companies), Lowercarbon Capital (6 companies), Energy Impact Partners (5 companies).
What are renewable energy companies worth?
The median VCMC valuation is $147M across 198 companies; companies acquired after their last round are left out. Values cover private companies only; public companies are not included.
What was the latest funding round?
Reverion raised a Series B round of $175M (Sep 2026), led by Kembara.