# MN8 Energy funding: rounds and investors

> MN8 Energy has raised $663M across 2 rounds since 2025. Investors include Mercuri VC and MUFG Bank. Every round with its source.

Source: https://millionrounds.com/company/mn8-energy (Millionrounds; every figure on the page links to its filing or article)

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

# Who invested in *MN8 Energy*

2 rounds we have observed, with the 2 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 6 months ago

Funding summary Updated 26 Oct 2026

**$663M** raised across 2 rounds since 2025, from 2 sources

**$575M** Debt **$88M** Debt

- **Latest round:** Debt, $88M May 2026
- **Biggest round:** $575M Debt · Jul 2025
- **Investors:** 2

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.

2026

**$575M** Debt

**$88M** Debt

- **First round:** Debt, $575M
- **Biggest round:** $575M
- **Between rounds:** 10 months

## The rounds

- **May 2026** Debt **$88M** *1 new* *1 returning* [MUFG Bank](https://millionrounds.com/fund/mufg-bank) [Mercuri VC](https://millionrounds.com/fund/mercuri) Source recorded
- **Jul 2025** Debt **$575M** *1 new* [Mercuri VC](https://millionrounds.com/fund/mercuri) Source recorded

## Founders and team

From MN8 Energy's own website: 8 on the team.

- **David Callen** Senior Vice President and Chief Financial Officer
- **David Fernandez** Senior Vice President and Chief Operating Officer
- **Patrick McAlpine** Senior Vice President and Chief Administrative Officer
- **Jon Yoder** President and Chief Executive Officer
- **Ashlee Effler** Senior Vice President and General Counsel
- **Pedro Garcia Hrdy** Senior Vice President and Head of Technical Operations
- **Ricardo Fabre** Senior Vice President and Head of Asset Operations
- **Tim Seck** Senior Vice President and Head of Project Development

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2025 **Debt** 2026 [Mercuri VC](https://millionrounds.com/fund/mercuri) [MUFG Bank](https://millionrounds.com/fund/mufg-bank)

## Everyone who backed them

[Mercuri VC](https://millionrounds.com/fund/mercuri) VC firm **2** rounds

[MUFG Bank](https://millionrounds.com/fund/mufg-bank) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=mn8-energy).

## Quick answers about MN8 Energy

### Who invested in MN8 Energy?

MN8 Energy's investors include Mercuri VC and MUFG Bank.

### How much has MN8 Energy raised?

MN8 Energy has raised $663M across 2 rounds since 2025.

### When did MN8 Energy last raise?

MN8 Energy's most recent round was a Debt of $88M in May 2026.

### What was MN8 Energy's biggest round?

MN8 Energy's largest round on record is $575M (Debt), in Jul 2025.

### Who backed MN8 Energy first?

MN8 Energy's first round on record, in Jul 2025, was backed by Mercuri VC.

### What stage is MN8 Energy at?

MN8 Energy's latest named round is a Debt, in May 2026.

### Where is MN8 Energy based?

MN8 Energy is based in the United States.

## Companies like MN8 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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