# Aspen Power funding: rounds and investors

> Aspen Power has raised $200M across 1 round since 2026. Investors include Citibank, JP Morgan and Deutsche Bank. Every round with its source.

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

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

# Who invested in *Aspen Power*

One round we have observed, with the 5 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.

Cleantech

Raised 10 months ago

Funding summary Updated 26 Oct 2026

**$200M** raised across 1 round since 2026, from 1 source

- **Latest round:** Debt, $200M Jan 2026
- **Investors:** 5

See who backed them

## The rounds

- **Jan 2026** Debt **$200M** [Citibank](https://millionrounds.com/fund/citi) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) Source recorded

## Founders and team

From Aspen Power's own website: 9 on the team.

- **Michael Sheehan** Chief Executive Officer
- **Alex Figueroa** Chief Financial Officer
- **Jason Patsio** Chief Commercial Officer
- **Darius Razgaitis** VP, Marketing & Comms
- **Aaron Bartell** General Counsel
- **Kathleen Livelli** Director, Operations
- **Nolan Thomas** Senior Counsel, Legal
- **Pauline Jozefiak** Director, Project Finance
- **Ron Lewis** Controller

## Everyone who backed them

[Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round

[JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round

[Deutsche Bank](https://millionrounds.com/fund/deutsche-bank) Corporate VC **1** round

[JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Corporate VC **1** round

[Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) VC firm **1** round

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

## Also claim to have backed them

This firm lists Aspen Power 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.

[Ultra Capital](https://millionrounds.com/fund/ultra-capital-llc) Private equity Per its own site

## Quick answers about Aspen Power

### Who invested in Aspen Power?

Aspen Power's investors include Citibank, JP Morgan, Deutsche Bank, JP Morgan Chase and Energy Impact Partners.

### How much has Aspen Power raised?

Aspen Power has raised $200M across 1 round since 2026.

### When did Aspen Power last raise?

Aspen Power's most recent round was a Debt of $200M in Jan 2026.

### What was Aspen Power's biggest round?

Its most recent round, $200M in Jan 2026, is also its largest on record.

### Who backed Aspen Power first?

Aspen Power's first round on record, in Jan 2026, was backed by Citibank, JP Morgan and Deutsche Bank and 2 others.

### What stage is Aspen Power at?

Aspen Power's latest named round is a Debt, in Jan 2026.

### Where is Aspen Power based?

Aspen Power is based in the United States.

## Companies like Aspen Power

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Renew** $207M · Oct 2026](https://millionrounds.com/company/renew)[**Optivolt** $37M · Oct 2026](https://millionrounds.com/company/optivolt)

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