# Median Series A round in Energy (2026)

> The median Series A round in Energy is $26M, from 48 rounds announced in the last 12 months. Half raised between $14M and $46M.

Source: https://millionrounds.com/benchmarks/series-a/energy (Millionrounds; every figure on the page links to its filing or article)

Funding benchmark · last 12 months

# The typical Series A round in *Energy*

From 48 Series A rounds announced in Energy over the last twelve months, each read from a named source. Half of them raised between $14M and $46M.

See the rounds[All benchmarks](https://millionrounds.com/benchmarks)

Series A Energy

Median round

**$26M**

$9.6M 1 in 10 below $14M – $46M middle half $123M 1 in 10 above

48 rounds counted · recounted nightly

Rounds counted **48** Series A rounds in Energy, last 12 months

Against worldwide **+30%** vs the $20M worldwide median

Since last round **-** too few earlier rounds on record

Lead named **85%** of these rounds name the investor who led

The trend

## Median Series A round, quarter by quarter

From $14M in 2024 Q4 to $28M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$14M '24 Q4 6 rds

$16M '25 Q1 9 rds

$38M '25 Q2 7 rds

'25 Q3 4 rds

$25M '25 Q4 7 rds

$27M '26 Q1 10 rds

$29M '26 Q2 12 rds

$28M '26 Q3 14 rds

Who leads

## The most active leads

The firms that led the most Series A rounds in Energy this year.

- [1 **DCVC** 2 led](https://millionrounds.com/fund/data-collective)
- [2 **Energy Impact Partners** 2 led](https://millionrounds.com/fund/energy-impact-partners)
- [3 **Plural** 2 led](https://millionrounds.com/fund/plural)
- [4 **Bessemer Venture Partners** 1 led](https://millionrounds.com/fund/bessemer-venture-partners)
- [5 **SOSV** 1 led](https://millionrounds.com/fund/sosv)
- [6 **B Capital** 1 led](https://millionrounds.com/fund/b-capital)

Recent examples

## Series A rounds in Energy, latest first

- [**Emvolon** 27 Oct 2026 · Not named $22M -15%](https://millionrounds.com/company/emvolon)
- [**Optivolt** 21 Oct 2026 · VXI Capital $32M +23%](https://millionrounds.com/company/optivolt)
- [**VECKTA** 20 Oct 2026 · Origin Ventures $11M -58%](https://millionrounds.com/company/veckta)
- [**Epyr** 13 Oct 2026 · SlateVC $17M -35%](https://millionrounds.com/company/epyr)
- [**HyLight** 12 Oct 2026 · Rubio Impact Ventures $15M -44%](https://millionrounds.com/company/hylight)
- [**Subeca** 12 Oct 2026 · Burnt Island Ventures $3.0M -88%](https://millionrounds.com/company/subeca)
- [**Laki Power** 17 Sept 2026 · NATO Innovation Fund (NIF) $6.9M -74%](https://millionrounds.com/company/laki-power)
- [**TAR** 10 Sept 2026 · Spark Capital $120M +362%](https://millionrounds.com/company/tar)

**How to read these figures**

They come from announced rounds. Large rounds are almost always announced and many small ones never are, so the true typical round is probably a little smaller than shown, most of all at pre-seed and seed. Every round behind them is in the record with its source. [How we read rounds](https://millionrounds.com/methodology).

Other stages in Energy

[**Seed** $5.0M](https://millionrounds.com/benchmarks/seed/energy)

Series A elsewhere

[**AI** $21M](https://millionrounds.com/benchmarks/series-a/ai)[**United States** $25M](https://millionrounds.com/benchmarks/series-a/united-states)[**Fintech** $16M](https://millionrounds.com/benchmarks/series-a/fintech)[**Healthcare** $20M](https://millionrounds.com/benchmarks/series-a/healthcare)[**United Kingdom** $14M](https://millionrounds.com/benchmarks/series-a/united-kingdom)[**Robotics** $28M](https://millionrounds.com/benchmarks/series-a/robotics)[**Biotech** $32M](https://millionrounds.com/benchmarks/series-a/biotech)[**Construction** $23M](https://millionrounds.com/benchmarks/series-a/construction)[**Cybersecurity** $25M](https://millionrounds.com/benchmarks/series-a/cybersecurity)[**Big Data & Analytics** $21M](https://millionrounds.com/benchmarks/series-a/big-data)[**Software** $18M](https://millionrounds.com/benchmarks/series-a/software)[**Manufacturing** $19M](https://millionrounds.com/benchmarks/series-a/manufacturing)[**Enterprise Software** $21M](https://millionrounds.com/benchmarks/series-a/enterprise-software)[**India** $10M](https://millionrounds.com/benchmarks/series-a/india)[**Logistics** $13M](https://millionrounds.com/benchmarks/series-a/logistics)[**Defence Tech** $25M](https://millionrounds.com/benchmarks/series-a/defensetech)[**Hardware & Electronics** $25M](https://millionrounds.com/benchmarks/series-a/hardware)[**Financial Services** $20M](https://millionrounds.com/benchmarks/series-a/financial-services)[**Climate Tech** $15M](https://millionrounds.com/benchmarks/series-a/climate)[**Australia** $15M](https://millionrounds.com/benchmarks/series-a/australia)[**Healthtech** $13M](https://millionrounds.com/benchmarks/series-a/healthtech)[**SaaS** $17M](https://millionrounds.com/benchmarks/series-a/saas)

## Raising a Series A round?

See who leads rounds like yours, and check your raise before you pitch.

[Take the Fundability Test](https://millionrounds.com/fundability)[Or find investors](https://millionrounds.com/investor-database)

## Q&A

How big is a typical Series A round in Energy?

The median is $26M, from 48 Series A rounds announced in Energy in the last twelve months. Half of them raised between $14M and $46M; one in ten raised more than $123M.

Which rounds are counted?

Rounds announced in the last twelve months with a stated amount and stage, each read from a named article or filing. A page is only published where at least 30 rounds stand behind it.

Are these figures biased?

Towards larger rounds, yes. Big rounds are announced; many small ones never are. So the true typical round is probably a little smaller than the figure here, especially at pre-seed and seed.

How often does it change?

The figures are recounted from the record every night, as new rounds are read.
