United States · 
Who invested in ElementUSA?
ElementUSA's investors include US Department of Energy.
2026
$30MGrant$67MGrant
United States · Funded startup
Who invested in ElementUSA
Funding summaryUpdated 26 Oct 2026
$97Mraised across 2 rounds since 2025, from 2 sources
$30MGrant$67MGrant
- Latest round
- Grant, $67MJun 2026
- Step-upi
- 2.2×
- Investors
- 1
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Grant, $30M Nov 2025
- Biggest round
- $67M Grant · Jun 2026
- Between rounds
- 7 months from the last two
The rounds
- Jun 2026
- Nov 2025
Founders and team
From ElementUSA's own website: 13 on the team.
- Chris BolingChief Financial Officer
- Chris YoungChief Strategy Officer
- David TraubChief Commercial Officer
- Hani MadbakChief Operating Officer
- Jessica GarveyChief of Staff
- Rick TallmanChief Development Officer
- Dan ByrneBoard Member
- Darren MaBoard Member
- David D'AddarioBoard Member
- Ellis SullivanBoard Member
- Kelly KordzikGeneral Counsel
- Robert OliverPrincipal Process Engineer
- Tim KeatingBoard Member
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Quick answers about ElementUSA
How much has ElementUSA raised?
ElementUSA has raised $97M across 2 rounds since 2025.
When did ElementUSA last raise?
ElementUSA's most recent round was a Grant of $67M in Jun 2026.
What was ElementUSA's biggest round?
Its most recent round, $67M in Jun 2026, is also its largest on record.
Who backed ElementUSA first?
ElementUSA's first round on record, in Nov 2025, was backed by US Department of Energy.
What stage is ElementUSA at?
ElementUSA's latest named round is a Grant, in Jun 2026.
Where is ElementUSA based?
ElementUSA is based in the United States.
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