When was Found Energy founded?

Found Energy was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Found Energy located?

Found Energy is headquartered in Boston, United States.

How many employees does Found Energy have?

As of Sep 30, 2026, the latest employee count at Found Energy is 7.

Is Found Energy a funded company?

Found Energy is a funded company, having raised a total of $16.6M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 22, 2022.

When was the latest funding round of Found Energy?

Found Energy's latest funding was a $***** Seed round on Jan 25, 2024, with participation from 8 investors.

Where does Found Energy rank among its competitors?

Found Energy ranks 1st amongst 19 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Ossus, which secured $1.16M in Oct, 2024.

Who are the top competitors of Found Energy?

Found Energy's top competitors include Ossus, Green Independence and HyEnGen. Among them, Ossus secured the most recent funding round in October, 2024.

Found Energy - 2026 Company Profile, Funding & Competitors

Found Energy is a seed company based in Boston (United States), founded in 2022. It operates as a Provider of hydrogen storage solution. Found Energy has raised $16.6M in funding. The company has 19 active competitors, including 4 that are funded. Its top competitors include companies like Ossus, Green Independence and HyEnGen.

Company Details

Provider of hydrogen storage solution. It specializes in converting aluminum waste into carbon-free fuel. It provides a modular fuel packs that delivers hydrogen and direct process heat at adjustable flow rates, pressures, and temperatures.

Website: found.energy
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Key Metrics

Founded Year

2022

Location

Boston, United States

Stage

Seed

Total Funding

$16.6M in 2 rounds

Latest Funding Round

Seed, Jan 25, 2024, $*****

Investors

Collab Fund & 8 more

Ranked

1^st among 19 active competitors

Employee Count

7 as on Sep 30, 2026

Similar Companies

Ossus & 15 more

View Found Energy's full profile

Found Energy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Found Energy Co CIN: 1943994 , United States, Active	Feb 05, 2022	-	-	-

Found Energy has raised a total funding of $16.6M over 2 rounds. Its first funding round was on Aug 22, 2022. Its latest funding round was a Seed round on Jan 25, 2024 for $*****. 8 investors participated in its latest round. Found Energy has 9 institutional investors.

Here is the list of recent funding rounds of Found Energy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 25, 2024	2578073	Seed	7325900	6730947	2314087	3097633
Aug 22, 2022	7837770	Seed	2905705	8582154	9930493	7775296

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View details of Found Energy's funding rounds and investors

Found Energy's employee count trend

Found Energy has 7 employees as of Sep 26. Here is Found Energy's employee count trend over the years:

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Top competitors of Found Energy include Ossus, Green Independence and HyEnGen. Here is the list of Top 10 competitors of Found Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Found Energy 2022, Boston (United States), Seed	Provider of hydrogen storage solution	$16.6M	Collab Fund, Climate Capital & 7 others	51/100
2nd	Ossus 2017, Mumbai (India), Seed	Provider of green hydrogen production technology using industrial wastewater and bioelectrochemical systems	$3.58M	Gruhas, Shell E4 & 7 others	46/100
3rd	Green Independence 2020, Brindisi (Italy), Seed	Provider of solutions for green hydrogen generation	$105K	Scientifica, Plug and Play Tech Center & 1 others	31/100
4th	HyEnGen Stockholm (Sweden), Unfunded	Solutions for generating green hydrogen	-	-	30/100
5th	Saikesaisi Hydrogen Energy 1993, Jinan (China), Series B	Manufacturer of PEM pure water electrolysis hydrogen production equipment	-	Zhaoxi Capital, Haitong Kaiyuan Investment ... & 1 others	30/100
6th	Aquature 2022, Ingatestone (United Kingdom), Unfunded	Production of clean fuel and hydrogen from liquid waste	-	-	25/100
7th	Aquela Global 2000, Derby (United Kingdom), Funding Raised	Provider of hydrogen production solutions	-	Bidaya	24/100
8th	H2Upgrade 2024, Cambridge (United Kingdom), Unfunded	Provider of water treatment solutions	-	-	24/100
9th	Nexergy-Ipo United Kingdom, Unfunded	Developer of technologies converting waste into energy and hydrogen fuel	-	-	24/100
10th	Connate Water Solutions 2016, Calgary (Canada), Unfunded	Home Page - CONNATE WATER	-	-	20/100