# Element Energy funding: rounds and investors

> Element Energy has raised $73M across 1 round since 2023. Investors include US Department of Energy. Every round with its source.

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

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

# Who invested in *Element Energy*

One round we have observed, with the one investor 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.

Energy

Funding summary Updated 26 Oct 2026

**$73M** raised across 1 round since 2023, from 1 source

- **Latest round:** Series B, $73M Nov 2023
- **Investors:** 1

See who backed them

## The rounds

- **Nov 2023** Series B **$73M** [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Source recorded

## The exit

Exit Buyer Price When

Acquired Volterra undisclosed Jan 2013

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=element-energy).

## Everyone who backed them

[US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **1** round

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

## Also claim to have backed them

These 2 firms list Element Energy as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Claremont Creek Ventures](https://millionrounds.com/fund/claremont-creek-ventures) VC firm Per its own site

[DRIVE Catalyst](https://millionrounds.com/fund/drive-catalyst) Corporate VC Per its own site

## Quick answers about Element Energy

### Who invested in Element Energy?

Element Energy's investors include US Department of Energy.

### How much has Element Energy raised?

Element Energy has raised $73M across 1 round since 2023.

### When did Element Energy last raise?

Element Energy's most recent round was a Series B of $73M in Nov 2023.

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

Its most recent round, $73M in Nov 2023, is also its largest on record.

### Who backed Element Energy first?

Element Energy's first round on record, in Nov 2023, was backed by US Department of Energy.

### What stage is Element Energy at?

Element Energy's latest named round is a Series B, in Nov 2023.

### Where is Element Energy based?

Element Energy is based in the United States.

## Companies like Element Energy

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)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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