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Energy startups in Chicago

12 energy startups in Chicago have raised money in rounds we track. These are the 12 that have raised the most, $560M between them.

$560Mraised by these 12
12on our record in all
Hecate Gridraised the most
  1. 1Hecate GridHecate Grid is an independent power producer (IPP) that develops, owns, and operates standalone storage projects.

    Hecate Grid is an independent power producer (IPP) that develops, owns, and operates standalone storage projects.

    Founded 2018Chicago, United States$125Mlast round Jun 2024
  2. 2Anovion Battery MaterialsAnovion Battery Materials produces synthetic graphite materials.

    Anovion Battery Materials produces synthetic graphite materials.

    Founded 2022Chicago, United States$117Mlast round Oct 2022
  3. 3Amp AmericasAMP Americas makes ultra-low carbon intensity renewable natural gas (RNG) from dairy waste.

    AMP Americas makes ultra-low carbon intensity renewable natural gas (RNG) from dairy waste.

    Founded 2011Chicago, United States$75Mlast round Jul 2019
  4. 4LanzaJetLanzaJet is a private company founded in 2020 that focuses on sustainable fuels technology.

    LanzaJet is a private company founded in 2020 that focuses on sustainable fuels technology.

    Founded 2020Chicago, United States$67Mlast round Oct 2026
  5. 5LocusviewLocusview's digital infrastructure construction platform manages the entire construction process from planning to revenue.

    Locusview's digital infrastructure construction platform manages the entire construction process from planning to revenue.

    Founded 2014Chicago, United States$64Mlast round Apr 2021
  6. 6Aether FuelsAether Fuels is a cutting-edge climate technology startup.

    Aether Fuels is a cutting-edge climate technology startup.

    Founded 2022Chicago, United States$49Mlast round Dec 2025
  7. 7ElectronXElectronX is a CFTC-regulated financial exchange focused on the electricity market and dedicated to supporting the energy transition in the United States.

    ElectronX is a CFTC-regulated financial exchange focused on the electricity market and dedicated to supporting the energy transition in the United States.

    Founded -Chicago, United States$30Mlast round Nov 2025
  8. 8Fuel MeFuel Me is an AI-powered, cloud-based technology platform that focuses on fuel procurement, management, and delivery for commercial operations.

    Fuel Me is an AI-powered, cloud-based technology platform that focuses on fuel procurement, management, and delivery for commercial operations.

    Founded 2020Chicago, United States$18Mlast round Aug 2023
  9. 9QCoefficientQCoefficient is the first and only smart grid engine to integrate HVAC operations in commercial buildings with electric grid operations and markets to lower bui

    QCoefficient is the first and only smart grid engine to integrate HVAC operations in commercial buildings with electric grid operations and markets to lower bui

    Founded 2012Chicago, United States$8.0Mlast round Jul 2011
  10. 10Power 1 Energy CompanyPower 1 Energy Company is an energy seller and supplier in the deregulated energy business.

    Power 1 Energy Company is an energy seller and supplier in the deregulated energy business.

    Founded 2017Chicago, United States$4.0Mlast round Sept 2021
  11. 11Switched SourceSwitched Source is a manufacturing company that develops medium-voltage devices to enhance utility operations through automation.

    Switched Source is a manufacturing company that develops medium-voltage devices to enhance utility operations through automation.

    Founded -Chicago, United States$2.6Mlast round Nov 2025
  12. 12Boron Nitride PowerBoron Nitride Power is an intellectual property holding company that develops and licences in the field of electrochemical energy storage.

    Boron Nitride Power is an intellectual property holding company that develops and licences in the field of electrochemical energy storage.

    Founded -Chicago, United States$256Klast round Jan 2022
Total fundinghow the list is ranked
15 November 2026updated nightly
Rounds we tracksource: Millionrounds

Companies whose funding rounds we classed as this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

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