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Fermi Energy - About the company

Fermi Energy is a funded company based in Blacksburg (United States), founded in 2022 by Feng Lin. It operates as a Developer of cathode technologies. Fermi Energy has raised an undisclosed amount in funding. The company has 78 active competitors, including 23 funded and 8 that have exited. Its top competitors include companies like Mangrove Lithium, Anaphite and Ascend Elements.

Company Details

Developer of cathode technologies. It develops cathode technologies to help create a supply chain of battery manufacturing. It focus on developing and scaling up sustainable cathodes for high-energy automobile batteries.
Key Metrics
Founded Year
2022
Location
Blacksburg, United States
Stage
Funding Raised
Investors
Ranked
Employee Count
8 as on Sep 30, 2026
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Fermi Energy's funding and investors

Fermi Energy has raised funding over 3 rounds. Its first funding round was on Mar 01, 2023. Its latest funding round was a Grant (prize money) round on May 13, 2025 for $*****. 1 investor participated in its latest round. Fermi Energy has 1 institutional investor.

Here is the list of recent funding rounds of Fermi Energy:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 13, 2025
7482917
Grant (prize money)
1659891
1449654
6728324
2251739
Jul 22, 2024
5523172
Grant (prize money)
3720362
6883042
9618101
Mar 01, 2023
1677426
Grant (prize money)
1773897
4610054
5688023
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Fermi Energy's founders and board of directors

Founder? Claim Profile
The founders of Fermi Energy is Feng Lin. Feng Lin is the CEO of Fermi Energy.
Here are the details of Fermi Energy's key team members:

Fermi Energy's employee count trend

Fermi Energy has 8 employees as of Sep 26. Here is Fermi Energy's employee count trend over the years:
Employee count trend for Fermi Energy
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Fermi Energy's Competitors and alternates

Top competitors of Fermi Energy include Mangrove Lithium, Anaphite and Ascend Elements. Here is the list of Top 10 competitors of Fermi Energy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mangrove Lithium
Mangrove Lithium
2013, Delta (Canada), Series B
Developer of modular scalable lithium refining technology for battery‑grade production
$46.5M
64/100
2nd
Logo for Anaphite
Anaphite
2016, Bristol (United Kingdom), Series A
Developer of dry coating precursor technology for battery electrode manufacturing
$22.6M
62/100
3rd
Logo for Ascend Elements
Ascend Elements
2015, Westborough (United States), Series D
Manufacturer of engineered materials from recycled lithium-ion batteries and battery scrap
$1.1B
59/100
4th
Logo for Nyobolt
Nyobolt
2019, Cambridge (United Kingdom), Series C
Developer of high power integrated energy systems for industrial applications
$161M
55/100
5th
Logo for NanoOne
NanoOne
1987, Burnaby (Canada), Public
Developer of nanotech-based energy storage components
-
55/100
6th
Logo for Sylvatex
Sylvatex
2000, Alameda (United States), Series A
Developer of advanced materials for energy, industrial, and strategic applications
$8.4M
55/100
7th
Logo for ECOPRO BM
ECOPRO BM
2016, Cheongju-si (South Korea), Public
Manufacturer of cathode materials for lithium batteries
-
55/100
8th
Logo for Altris
Altris
2017, Uppsala (Sweden), Series B
Developer of sodium-ion battery technology for sustainable energy solutions
$41M
53/100
9th
Logo for Natron Energy
Natron Energy
2012, Santa Clara (United States), Deadpooled
Manufacturer of sodium-ion batteries for commercial and industrial power applications
$373M
51/100
10th
Logo for EAMPL
EAMPL
2016, Mumbai (India), Unfunded
Provider of graphite carbon products
-
-
46/100
27th
Logo for Fermi Energy
Fermi Energy
2022, Blacksburg (United States), Funding Raised
Developer of cathode technologies
-
39/100
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Fermi Energy's Investments and acquisitions

Fermi Energy has made no investments or acquisitions yet.

Reports related to Fermi Energy

Here is the latest report on Fermi Energy's sector:

News related to Fermi Energy

Media has covered Fermi Energy for a total of 2 events in the last 1 year, 1 of them has been about people movement.
•
Rick Perry's Energy REIT Fermi Seeks Up to $550 Million in IPOFinancial Post•Sep 24, 2025•Fermi Energy
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FAQs about Fermi Energy

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