# Ndustrial funding: rounds and investors

> Ndustrial has raised across 1 round since 2025. Investors include US Department of Energy, Triangle Tweener Fund and Clean Energy Ventures.

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

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

# Who invested in *Ndustrial*

One round we have observed, with the 3 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.

Energy

Funding summary Updated 26 Oct 2026

**Undisclosed** raised across 1 round since 2025, from 1 source

- **Latest round:** Venture Jan 2025
- **Investors:** 3

See who backed them

## The rounds

- **Jan 2025** Venture **Amount undisclosed** [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) [Triangle Tweener Fund](https://millionrounds.com/fund/triangle-tweener-fund) [Clean Energy Ventures](https://millionrounds.com/fund/clean-energy-ventures) Source recorded SEC filing: $20M sold, first sale Apr 2024

## Founders and team

From Ndustrial's own website: 2 founders, 5 on the team.

**Jason Massey** Founder, CEO and Board Chair

**John Crawford** Co-Founder and CTO

- **Laura Nichols** VP of Operations and Chief of Staff
- **Anthony MacDonald** Chief Revenue Officer
- **Eric Ristow** VP of Product Management
- **Kim Speiser** VP of Finance
- **Manuel Aguirre** VP of Supply Chain Electrification

## Everyone who backed them

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

[Triangle Tweener Fund](https://millionrounds.com/fund/triangle-tweener-fund) VC firm **1** round

[Clean Energy Ventures](https://millionrounds.com/fund/clean-energy-ventures) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Ndustrial 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.

[Clean Energy Venture](https://millionrounds.com/fund/clean-energy-venture-group) Angel network Per its own site

[Engie New Ventures](https://millionrounds.com/fund/engie-new-ventures) Corporate VC Per its own site

## Quick answers about Ndustrial

### Who invested in Ndustrial?

Ndustrial's investors include US Department of Energy, Triangle Tweener Fund and Clean Energy Ventures.

### How much has Ndustrial raised?

Ndustrial has raised 1 round since 2025, none with a disclosed amount.

### When did Ndustrial last raise?

Ndustrial's most recent round was a Venture in Jan 2025.

### Who backed Ndustrial first?

Ndustrial's first round on record, in Jan 2025, was backed by US Department of Energy, Triangle Tweener Fund and Clean Energy Ventures.

### What stage is Ndustrial at?

Ndustrial's latest named round is a Venture, in Jan 2025.

### Where is Ndustrial based?

Ndustrial is based in the United States.

## Companies like Ndustrial

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)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app