# Industrial Decarbonisation Market Map 2026: 67 Startups in 4 Segments > Market map of 67 industrial decarbonisation startups worldwide in 4 segments, from electrification, industrial heat and steel and metals on. Source: https://millionrounds.com/market-maps/industrial-decarbonisation-market-map (Millionrounds; every figure on the page links to its filing or article) ## Electrification 38 - [Lunar Energy](https://millionrounds.com/company/lunar-energy) - [Sunly](https://millionrounds.com/company/sunly) - [In-Charge Energy](https://millionrounds.com/company/in-charge-energy) - [Mitra EV](https://millionrounds.com/company/mitra-ev) - [Decade Energy](https://millionrounds.com/company/decade-energy) - [Tretau](https://millionrounds.com/company/tretau) - [H3X Technologies](https://millionrounds.com/company/h3x-technologies) - [Taxelco](https://millionrounds.com/company/taxelco) - [SunRoof](https://millionrounds.com/company/sunroof) - [Proof Energy](https://millionrounds.com/company/proof-energy) - [Qmerit](https://millionrounds.com/company/qmerit) - [Flipturn](https://millionrounds.com/company/flipturn) - [Pyxis](https://millionrounds.com/company/pyxis) - [Skycharger](https://millionrounds.com/company/skycharger) - [Anode Technology Company](https://millionrounds.com/company/anode-technology-company) - [SEA Electric](https://millionrounds.com/company/sea-electric) - [Steelhead Composites](https://millionrounds.com/company/steelhead-composites) - [Nuvve](https://millionrounds.com/company/nuvve) - [Kelvin](https://millionrounds.com/company/kelvin) - [DaisyChain Energy](https://millionrounds.com/company/daisychain-energy) - [OpConnect](https://millionrounds.com/company/opconnect) - [ELECTRA AI](https://millionrounds.com/company/electra-ai) - [Kopperfield](https://millionrounds.com/company/kopperfield) - [Electriphi](https://millionrounds.com/company/electriphi) +14 more ## Industrial heat 20 - [Skyven Technologies](https://millionrounds.com/company/skyven-technologies) - [Kanin Energy](https://millionrounds.com/company/kanin-energy) - [Rondo Energy](https://millionrounds.com/company/rondo-energy) - [JIMMY](https://millionrounds.com/company/jimmy) - [Odqa Renewable Energy Technologies](https://millionrounds.com/company/odqa-renewable-energy-technologies) - [Karman Industries](https://millionrounds.com/company/karman-industries) - [EPYR](https://millionrounds.com/company/epyr) - [Realta Fusion](https://millionrounds.com/company/realta-fusion) - [Eco-Tech Ceram](https://millionrounds.com/company/eco-tech-ceram) - [Zero Homes](https://millionrounds.com/company/zero-homes) - [ecop Technologies GmbH](https://millionrounds.com/company/ecop-technologies-gmbh) - [Sunamp](https://millionrounds.com/company/sunamp) - [TheStorage](https://millionrounds.com/company/thestorage) - [Cache Energy](https://millionrounds.com/company/cache-energy) - [HyperHeat](https://millionrounds.com/company/hyperheat) - [Airthium](https://millionrounds.com/company/airthium) - [Cixten](https://millionrounds.com/company/cixten) - [Blue Capsule Technology](https://millionrounds.com/company/blue-capsule-technology) - [Good Heat](https://millionrounds.com/company/good-heat) - [Yottar](https://millionrounds.com/company/yottar) ## Steel and metals 6 - [Electra](https://millionrounds.com/company/electra) - [Fex Energy](https://millionrounds.com/company/fex-energy) - [Green Steel Environmental](https://millionrounds.com/company/green-steel-environmental) - [CirculaCar](https://millionrounds.com/company/circulacar) - [Red Paramount Iron](https://millionrounds.com/company/red-paramount-iron) - [Grit Metals](https://millionrounds.com/company/grit-metals) ## Cement and concrete 3 - [*N* NeoCem](https://millionrounds.com/company/neocem) - [Hoffmann Green Cement Technologies](https://millionrounds.com/company/hoffmann-green-cement-technologies) - [CarbonStrong](https://millionrounds.com/company/carbonstrong) ## Segment by segment ### Electrification 38 startups · $738M raised - [**Lunar Energy**](https://millionrounds.com/company/lunar-energy) Lunar Energy is a renewable energy company based in Mountain View, California, founded in 2020. United States $334M - [**Sunly**](https://millionrounds.com/company/sunly) Sunly develops and operates renewable energy projects and invests in electrification startups. Estonia $97M - [**In-Charge Energy**](https://millionrounds.com/company/in-charge-energy) In-Charge Energy is an energy solutions company that is accelerating electrification of the transportation industry. United States $46M - [**Mitra EV**](https://millionrounds.com/company/mitra-ev) Mitra EV offers electric fleet solutions for businesses, focusing on commercial fleet electrification. United States $27M - [**Decade Energy**](https://millionrounds.com/company/decade-energy) Decade Energy develops energy storage, charging, and software solutions that secures power for electric fleets at the lowest possible cost. France $26M - [**Tretau**](https://millionrounds.com/company/tretau) Tretau, formerly known as Tau Group, is a global leader in deeptech focused on sustainable, solvent-free magnet wire innovation. Italy $23M - [**H3X Technologies**](https://millionrounds.com/company/h3x-technologies) H3X Technologies is an engineering and electric motor manufacturing company based in Louisville, Colorado. United States $20M - [**Taxelco**](https://millionrounds.com/company/taxelco) Taxelco is the largest taxi dispatcher and traditional taxi company in Quebec and Canada, based in Montréal. Canada $17M ### Industrial heat 20 startups · $533M raised - [**Skyven Technologies**](https://millionrounds.com/company/skyven-technologies) Skyven Technologies is an energy-as-a-service company with a mission to decarbonize industrial process heat. United States $145M - [**Kanin Energy**](https://millionrounds.com/company/kanin-energy) Kanin Energy is a clean technology developer founded in 2020, focused on industrial decarbonization. Canada $100M - [**Rondo Energy**](https://millionrounds.com/company/rondo-energy) Rondo Heat Battery powers industrial processes with renewable electricity, cutting energy costs and eliminating emissions. United States $80M - [**JIMMY**](https://millionrounds.com/company/jimmy) Jimmy Energy is a French industrial startup founded in 2020, focused on designing and operating thermal generators powered by 4th- France $49M - [**Odqa Renewable Energy Technologies**](https://millionrounds.com/company/odqa-renewable-energy-technologies) Odqa Renewable Energy Technologies is an engineering spin-out from Oxford University, established in 2017. United Kingdom $21M - [**Karman Industries**](https://millionrounds.com/company/karman-industries) Karman Industries is an industrial energy technology company based in Los Angeles, founded in 2024. United States $20M - [**EPYR**](https://millionrounds.com/company/epyr) Industrial heat represents 25% of global energy consumption and remains one of the hardest sectors to decarbonize, with 80% still France $20M - [**Realta Fusion**](https://millionrounds.com/company/realta-fusion) Realta Fusion develops fusion energy technology for the production of industrial heat and power. United States $19M ### Steel and metals 6 startups · $1.1B raised - [**Electra**](https://millionrounds.com/company/electra) Electra is decarbonizing ironmaking for green steel production using intermittent renewable energy and low-grade iron ores. United States $1.1B - [**Fex Energy**](https://millionrounds.com/company/fex-energy) FeX Energy is a Montreal-based clean technology startup founded in 2023, emerging from over 15 years of research. Canada $3.5M - [**Green Steel Environmental**](https://millionrounds.com/company/green-steel-environmental) Green Steel Environmental is a wastewater treatment company located in Boulder, Colorado. United States $1.7M - [**CirculaCar**](https://millionrounds.com/company/circulacar) CirculaCar is a French B2B startup founded in 2022, specializing in vehicle electrification for professional and industrial sectors. France $1.2M - [**Red Paramount Iron**](https://millionrounds.com/company/red-paramount-iron) Red Paramount Iron is a steel feed production company that produces green steel feed. Canada $1.1M - [**Grit Metals**](https://millionrounds.com/company/grit-metals) European Energy Metals is focusing on lithium and rare-earth element projects to aid in global decarbonization and electrification efforts. Canada $722K ### Cement and concrete 3 startups · $52M raised - [*N* **NeoCem**](https://millionrounds.com/company/neocem) NeoCem creates, manufactures, and promotes a variety of low-carbon cements for the building industry. France $45M - [**Hoffmann Green Cement Technologies**](https://millionrounds.com/company/hoffmann-green-cement-technologies) Hoffmann Green Cement Technologies is a Manufacturer of low carbon cement for construction and land use planning. France $6.0M - [**CarbonStrong**](https://millionrounds.com/company/carbonstrong) CarbonStrong is a climate-tech startup based in Bangalore, founded in 2022. India $1.3M **How this map is made.** Every startup here has raised money in rounds we track. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in industrial decarbonisation, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026. ## More market maps [All maps](https://millionrounds.com/market-maps) [New wave **New industrial decarbonisation startups, founded 2020 on** 29 startups · 3 segments · $1.9B](https://millionrounds.com/market-maps/new-industrial-decarbonisation-startups-market-map)[Investors map **Who invests in industrial decarbonisation** 18 investors · 3 segments](https://millionrounds.com/market-maps/industrial-decarbonisation-investors-map)[Market map **Marketing tech market map** 1,963 startups · 7 segments · $41B](https://millionrounds.com/market-maps/marketing-tech-market-map)[Market map **Fintech market map** 1,633 startups · 8 segments · $139B](https://millionrounds.com/market-maps/fintech-market-map)[Market map **Crypto and Web3 market map** 1,297 startups · 8 segments · $33B](https://millionrounds.com/market-maps/crypto-and-web3-market-map)[Market map **Food tech market map** 1,226 startups · 7 segments · $20B](https://millionrounds.com/market-maps/food-tech-market-map) ## Who backs industrial decarbonisation? Open any company for its rounds and investors, or search the investors behind these startups in the app, with filters, lists and exports. [Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[Top lists](https://millionrounds.com/top-lists)