# T1 Energy funding: rounds and investors

> T1 Energy has raised $300M across 2 rounds since 2025. Investors include Fidelity, Franklin Templeton and VanEck. Every round with its source.

Source: https://millionrounds.com/company/t1-energy (Millionrounds; every figure on the page links to its filing or article)

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

# Who invested in *T1 Energy*

2 rounds we have observed, with the 5 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

Funding summary Updated 26 Oct 2026

**$300M** raised across 2 rounds since 2025, from 2 sources

**$140M** Round **$160M** Debt

- **Latest round:** Debt, $160M Apr 2026
- **Investors:** 5

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

**$140M** Round

**$160M** Debt

- **First round:** Round, $140M
- **Biggest round:** $160M
- **Between rounds:** 4 months

## The rounds

- **Apr 2026** Debt **$160M** *1 new* *3 returning* [Fidelity](https://millionrounds.com/fund/fidelity) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [European Commission](https://millionrounds.com/fund/european-commission) [VanEck](https://millionrounds.com/fund/vaneck) Source recorded
- **Dec 2025** Round **$140M** *4 new* [Fidelity](https://millionrounds.com/fund/fidelity) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [European Union](https://millionrounds.com/fund/european-union) [VanEck](https://millionrounds.com/fund/vaneck) Source recorded

## Founders and team

From T1 Energy's own website: 17 on the team.

- **Daniel Barcelo** Chief Executive Officer & Chairman of the Board
- **Børge Selstad** Senior Vice President of Operations
- **Otto Erster Bergesen** Senior Vice President of Project Engineering
- **Robert Gibbons** Executive Vice President of Strategic Partnerships
- **Russell Gold** Executive Vice President of Strategic Communications
- **Ryan Considine** Senior Vice President of Advanced Manufacturing
- **Andreas Bentzen** Chief Technology Officer
- **Andy Munro** Chief Legal & Policy Officer
- **Evan Calio** Chief Financial Officer
- **Jaime Gualy** Chief Operating Officer
- **Daniel Steingart** Director
- **David Manners** Director
- **Jessica Wirth Strine** Director
- **Peter Matrai** Director
- **Robert Hammond** Director
- **Todd Kantor** Director
- **W. Richard Anderson** Director

## 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.

**Round** 2025 **Debt** 2026 [Fidelity](https://millionrounds.com/fund/fidelity) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [VanEck](https://millionrounds.com/fund/vaneck) [European Commission](https://millionrounds.com/fund/european-commission) [European Union](https://millionrounds.com/fund/european-union)

## Everyone who backed them

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

[Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **2** rounds

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

[European Commission](https://millionrounds.com/fund/european-commission) VC firm **1** round

[European Union](https://millionrounds.com/fund/european-union) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=t1-energy).

## Also claim to have backed them

This firm lists T1 Energy 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.

[Kluz Ventures](https://millionrounds.com/fund/kluz-ventures) VC firm Per its own site

## Quick answers about T1 Energy

### Who invested in T1 Energy?

T1 Energy's investors include Fidelity, Franklin Templeton, VanEck, European Commission and European Union.

### How much has T1 Energy raised?

T1 Energy has raised $300M across 2 rounds since 2025.

### When did T1 Energy last raise?

T1 Energy's most recent round was a Debt of $160M in Apr 2026.

### What was T1 Energy's biggest round?

Its most recent round, $160M in Apr 2026, is also its largest on record.

### Who backed T1 Energy first?

T1 Energy's first round on record, in Dec 2025, was backed by Fidelity, Franklin Templeton and European Union and 1 others.

### What stage is T1 Energy at?

T1 Energy's latest named round is a Debt, in Apr 2026.

### Where is T1 Energy based?

T1 Energy is based in the United States.

## Companies like T1 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)

## Find investors like these

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