# Addis Energy funding: rounds and investors

> Addis Energy has raised $8.3M across 1 round since 2025. Investors include Pillar VC, At One Ventures and Engine Ventures. Every round with its source.

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

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Addis Energy*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Chemicals & Materials

Raised 11 months ago

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Funding summary Updated 27 Oct 2026

**$8.3M** raised across 1 round since 2025, from 1 source

- **Latest round:** Seed, $8.3M Dec 2025
- **Investors:** 4

See who backed them

## The rounds

- **Dec 2025** Seed **$8.3M** [Pillar VC](https://millionrounds.com/fund/pillar-vc) [At One Ventures](https://millionrounds.com/fund/at-one-ventures) [Engine Ventures](https://millionrounds.com/fund/engine-ventures) [Voyager Ventures](https://millionrounds.com/fund/voyager-ventures) Source recorded SEC filing: $8.4M sold, first sale Nov 2025

## Founders and team

From Addis Energy's own website: 4 founders, 2 on the team.

**Charlie Mitchell** Founder & Chief Operating

**Iwnetim Abate** Founder & Chief Science

**Michael Alexander** Founder & Chief

**Yet-Ming Chiang** Founder & Chief Strategy

- **Brad Gooch** Head of Exploration
- **Vikas Agrawal** VP of R&D

Advisers *Doug Hollett* *Doug Wicks* *John Shervais*

## Everyone who backed them

[Pillar VC](https://millionrounds.com/fund/pillar-vc) VC firm **1** round

[At One Ventures](https://millionrounds.com/fund/at-one-ventures) VC firm **1** round

[Engine Ventures](https://millionrounds.com/fund/engine-ventures) VC firm **1** round

[Voyager Ventures](https://millionrounds.com/fund/voyager-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=addis-energy).

## Also claim to have backed them

This firm lists Addis Energy as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Blindspot Ventures](https://millionrounds.com/fund/blindspot-ventures) VC firm Per its own site

## Quick answers about Addis Energy

### Who invested in Addis Energy?

Addis Energy's investors include Pillar VC, At One Ventures, Engine Ventures and Voyager Ventures.

### How much has Addis Energy raised?

Addis Energy has raised $8.3M across 1 round since 2025.

### When did Addis Energy last raise?

Addis Energy's most recent round was a Seed of $8.3M in Dec 2025.

### What was Addis Energy's biggest round?

Its most recent round, $8.3M in Dec 2025, is also its largest on record.

### Who backed Addis Energy first?

Addis Energy's first round on record, in Dec 2025, was backed by Pillar VC, At One Ventures and Engine Ventures and 1 others.

### What stage is Addis Energy at?

Addis Energy's latest named round is a Seed, in Dec 2025.

### Where is Addis Energy based?

Addis Energy is based in the United States.

## Companies like Addis Energy

In the same sector, and raised in the last eighteen months.

[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**Albert** $57M · Oct 2026](https://millionrounds.com/company/albert)[**Azulene Labs** $3.4M · Sept 2026](https://millionrounds.com/company/azulene-labs)[**Critical Materials Group** $10M · Sept 2026](https://millionrounds.com/company/critical-materials-group)[**Rise Reforming** $500K · Sept 2026](https://millionrounds.com/company/rise-reforming)[**Fluxnium** $7.0M · Sept 2026](https://millionrounds.com/company/fluxnium)

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