# Department of Energy: portfolio, investments and team

> Department of Energy is an investment firm. 2 investments on record, latest Nov 2024. Portfolio, stages, co-investors and team.

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

[Investor](https://millionrounds.com/investors)

# Department of Energy

Last cheque observed Nov 2024. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Investment firm Quiet

Debt Grant

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 2 on record

Since the last cheque **712** days **00** hrs **00** min **00** sec

Median round **$3.3B** Rounds led **1 of 2** Sole investor **2 rounds**

Pitch Department of Energy

## Department of Energy highlights

- 01 2 rounds on record
- 02 Mostly Debt and Grant: 100% of its rounds
- 03 Sole investor in 2 rounds, median $3.3B

## What they do

- **Type:** Investment firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2024** 2 rounds
- **Nov** **[Rivian](https://millionrounds.com/company/rivian)** Debt · US · TechCrunch **$6.6B** *Led*
- **Oct** **[Furno](https://millionrounds.com/company/furno)** Grant · US · TechCrunch **$20M** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## The cheque

Debt Grant

Median round joined **$3.3B** the round, not its cheque Alone, median **$3.3B**

Led 1 of 2 rounds **50%**

- **Sole investor:** 2 rounds
- **Last cheque:** Nov 2024

Rounds by stage said on their site

- Debt *1*
- Grant *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies Department of Energy put money into.

[**Rivian** $6.6B · Nov 2024](https://millionrounds.com/company/rivian)

## Quick answers about Department of Energy

### What does Department of Energy invest in?

Department of Energy invests most often at Debt and Grant (100% of the rounds on record).

### How active is Department of Energy?

2 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Nov 2024.

### What has Department of Energy invested in recently?

Its most recent investments on record: Rivian (Debt, Nov 2024) and Furno (Grant, Oct 2024).

### How big are Department of Energy's cheques?

The median round it joins is $3.3B.

### Is Department of Energy investing now?

No investments in the last 12 months; the latest was in Nov 2024.

### What kind of investor is Department of Energy?

Department of Energy is an investment firm.

### Where does this information on Department of Energy come from?

From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=department-of-energy) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=department-of-energy)
