Who invested in Heat2Power

2 rounds we have observed, with the 0 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Raised 7 months ago

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Funding summaryUpdated 7 Nov 2026

$18Mraised across 2 rounds since 2025, from 2 sources

$3.0MSeed$15MVenture

Latest round: Venture, $15MApr 2026
Step-upi: 5.1×
Investors: 0

See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20252026

$3.0MSeed$15MVenture

First round: Seed, $3.0M
Biggest round: $15M
Between rounds: 15 months

The rounds

Apr 2026
Venture$15M
No investor was named in the report.
Source recordedSEC filing: $15M sold
Jan 2025
Seed$3.0M
No investor was named in the report.
Source recordedSEC filing: $3.0M sold, first sale Jan 2025

Funding filed with regulators

Heat2Power filed 2 raises, $18M in all. Filings say how much was sold and to how many investors; they never name the investors.

Apr 2026$15M3 investorsof $18M offeredSEC Form D
Jan 2025$3.0M3 investorsof $5.5M offeredSEC Form D

Founders and team

From Heat2Power's own website: 1 founder, 4 on the team.

Stephen ForrestCo-Founder, CEO

Julia BaldwinBusiness Development Analyst
Sean McSherryDirector of Product Development
Thomas WhiteSenior Process Engineer
Vishal VenkateshSenior Process Engineer

Also claim to have backed them

This firm lists Heat2Power 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.