# PowerCo funding: rounds and investors

> PowerCo has raised $513M across 1 round since 2023. Investors include Government of Canada. Every round with its source.

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

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

# Who invested in *PowerCo*

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

**$513M** raised across 1 round since 2023, from 1 source

- **Latest round:** Grant, $513M Apr 2023
- **Investors:** 1

See who backed them

## The rounds

- **Apr 2023** Grant **$513M** [Government of Canada](https://millionrounds.com/fund/government-of-canada) Source recorded

## Everyone who backed them

[Government of Canada](https://millionrounds.com/fund/government-of-canada) Government **1** round

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

## Quick answers about PowerCo

### Who invested in PowerCo?

PowerCo's investors include Government of Canada.

### How much has PowerCo raised?

PowerCo has raised $513M across 1 round since 2023.

### When did PowerCo last raise?

PowerCo's most recent round was a Grant of $513M in Apr 2023.

### What was PowerCo's biggest round?

Its most recent round, $513M in Apr 2023, is also its largest on record.

### Who backed PowerCo first?

PowerCo's first round on record, in Apr 2023, was backed by Government of Canada.

### What stage is PowerCo at?

PowerCo's latest named round is a Grant, in Apr 2023.

### Where is PowerCo based?

PowerCo is based in Germany.

## Companies like PowerCo

In the same sector, and raised in the last eighteen months.

[**Rabot Energy** $50M · Oct 2026](https://millionrounds.com/company/rabot-energy)[**Reverion** $237M · Sept 2026](https://millionrounds.com/company/reverion)[**Nomos** $25M · Sept 2026](https://millionrounds.com/company/nomos)[**Proxima Fusion** $636M · Jul 2026](https://millionrounds.com/company/proxima-fusion)[**Anzana Electric Group** $40M · Jun 2026](https://millionrounds.com/company/anzana-electric-group)[**GALVANY** $12M · Jun 2026](https://millionrounds.com/company/galvany)

## 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