United States · Investor

US Department of Energy

Last cheque observed Sep 2026; 453 cheques on record.

Deploying nowGovernment

Pre-seedSeedSeries ASmartgridsEnergyBattery

Deploying now
44%of best year77cheques in 12 months, 453 on record
Since the last cheque52days00hrs00min00sec
Median round$2.0MRounds led1 of 453Sole investor206 roundsExits7 from the portfolioMostly inUnited States, 93%
Pitch US Department of Energy

US Department of Energy highlights

  1. 01

    77 cheques in the last 12 months

  2. 02

    Mostly Grant and Venture: 82% of its rounds

  3. 03

    Sole investor in 206 rounds, median $3.0M

  4. 04

    7 exits from the portfolio

What they do

Type
Government (from a list, unverified)
Cheque size
Not stated
Stages
Pre-seedSeedSeries ASeries BGrowth
Sectors
SmartgridsEnergyBattery
Based in
Washington, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first453 appearances

  1. 2026

    68 rounds

  2. Sept
    Niron MagneticsUS · Anzu Partners$10MWith 2 others
  3. Sept
    Protein EvolutionGrant · US$3.0MWith 1 other
  4. Sept
    NeoVoltaDebt · US$20MSole investor
  5. Sept
    Bluestem BiosciencesGrant · US$200KWith 1 other
  6. Sept
    Marel Power SolutionsGrant · US$1.9MWith 2 others
  7. Sept
    NLM PhotonicsVenture · USUndisclosedWith 3 others
  8. Sept
    Mazama EnergySeries B · US$135MWith 1 other
  9. Sept
    Type One EnergyVenture · US$1.0MWith 3 others
  10. Sept
    CorePower MagneticsSeed · US$11MWith 2 others
  11. Sept
    Quaise EnergyGrant · US$25MWith 2 others
  12. Sept
    Celadyne TechnologiesGrant · US$250KWith 2 others
  13. Sept
    ZymochemGrant · US$4.0MWith 2 others
  14. Sept
    VerinomicsVenture · US$2.7MWith 1 other
  15. Sept
    Marathon FusionGrant · US$3.6MWith 2 others
  16. Sept
    Realta FusionVenture · US$9.5MWith 3 others
  17. Sept
    Xcimer EnergyVenture · US$100MWith 2 others
  18. Sept
    Great Lakes Crystal TechnologiesGrant · US$2.7MWith 2 others
  19. Aug
    Princeton NuEnergyGrant · US$50MWith 1 other
  20. Aug
    Riven SystemsPre-seed · US$7.9MWith 2 others
  21. Aug
    LuxWallDebt · US$77MWith 3 others
  22. Aug
    InventWoodGrant · US$15MSole investor
  23. Aug
    DexMatVenture · US$1.0MWith 2 others
  24. Aug
    CurioGrant · US$2.5MSole investor
  25. Aug
    Nth CycleGrant · US$100MWith 3 others
  26. Aug
    Tandem PVGrant · US$7.7MWith 2 others
  27. Jul
    Thea EnergyGrant · US · TechCrunch$20MWith 4 others
  28. Jul
    EELI TechnologyPre-seed · US$2.0MWith 3 others
  29. Jul
    BlueQubitGrant · US$1.5MWith 5 others
  30. Jul
    SofabSeed · US$6.0MWith 2 others
  31. Jun
    Focused EnergySeries A · DE · TechCrunch$240MWith 5 others
  32. Jun
    California ResourcesDebt · US$550MSole investor
  33. Jun
    NOMAD Transportable Power SystemsDebt · US$6.5MSole investor
  34. Jun
    American Battery Technology CompanyGrant · US$115MSole investor
  35. Jun
    Technip EnergiesDebt · FR$581MSole investor
  36. Jun
    Quino EnergyVenture · USUndisclosedWith 2 others
  37. Jun
    Solidion TechnologyUS$35MSole investor
  38. Jun
    AirCaptureVenture · USUndisclosedSole investor
  39. Jun
    eXoZymesGrant · US$2.0MWith 2 others
  40. Jun
    NOVONIXCA$15MSole investor
  41. Jun
    ElementUSAGrant · US$67MSole 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.

Exits from the portfolio

Companies it backed that were later bought or listed7 in all

SolarBridge TechnologiesBought by SunPower CorporationUndisclosedNov 2014
Sun CatalytixBought by Lockheed MartinUndisclosedAug 2014
Fisker AutomotiveBought by Wanxiang America$149MFeb 2014
InnovalightBought by DuPontUndisclosedJul 2011
Varian Semiconductor Equipment AssociatesBought by Applied Materials$4.9BMay 2011
Tesla MotorsListed$1.0BJul 2010
A123 SystemsListedUndisclosedSept 2009

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as US Department of Energy. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies US Department of Energy put money into.

Mentioned on podcasts

Episodes that name US Department of Energy in their description, not their title.

Quick answers about US Department of Energy

What does US Department of Energy invest in?

US Department of Energy invests most often at Grant and Venture (82% of the rounds on record), in sectors such as Smartgrids, Energy and Battery.

How active is US Department of Energy?

453 investments on record, 77 of them in the last 12 months, and it led 1. The most recent was in Sept 2026.

What has US Department of Energy invested in recently?

Its most recent investments on record: Niron Magnetics (Sept 2026), Protein Evolution (Grant, Sept 2026) and NeoVolta (Debt, Sept 2026).

How big are US Department of Energy's cheques?

The median round it joins is $2.0M.

Does US Department of Energy lead rounds?

Sometimes: it led 1 of its 453 investments on record (0%).

Where does US Department of Energy invest?

Most of the companies it backs are in the United States (93%).

Is US Department of Energy investing now?

Yes: it is actively investing, with 77 investments in the last 12 months.

Who does US Department of Energy invest alongside?

Most often National Science Foundation (89 rounds together), Cleantech Open (18 rounds together) and Elemental Impact (12 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it