When was Karman Industries founded?

Karman Industries was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is Karman Industries located?

Karman Industries is headquartered in Los Angeles, United States.

How many employees does Karman Industries have?

As of Aug 31, 2026, the latest employee count at Karman Industries is 52.

Is Karman Industries a funded company?

Karman Industries is a funded company, having raised a total of $31.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 19, 2024.

When was the latest funding round of Karman Industries?

Karman Industries' latest funding was a $***** Series A round on Sep 2025, with participation from 4 investors. Its primary sector is Energy Efficiency Tech. In United States, the Energy Efficiency Tech sector has seen $4.6B in funding in 2026 to date.

Where does Karman Industries rank among its competitors?

Karman Industries ranks 1st amongst 107 active competitors, of which 24 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Karman Industries, which secured $20M in Sep, 2025.

Who are the top competitors of Karman Industries?

Karman Industries' top competitors include Enerdrape, Climeon and Promethean Energy. Among them, Karman Industries secured the most recent funding round in September, 2025.

Karman Industries - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of industrial heat solutions designed to reduce energy waste. The company delivers scalable, high-efficiency heat technology for various manufacturing sectors. It focuses on replacing traditional gas boiler systems with more efficient alternatives. The aim is to lower operating expenses and promote sustainable practices. The company's building technologies help meet current standards.

Website: karmanindustries.com
Email ID: *****@karmanindustries.com

Key Metrics

Founded Year

2024

Location

Los Angeles, United States

Stage

Series A

Total Funding

$31.5M in 3 rounds

Latest Funding Round

Series A, Sep 2025, $*****

Investors

Riot & 5 more

Ranked

1^st among 107 active competitors

Employee Count

52 as on Aug 31, 2026

Similar Companies

Qpinch & 6 more

View Karman Industries' full profile

Karman Industries is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Karman Industries Inc CIN: 7526954 , United States, Active	Jun 27, 2023	-	11 (As on Dec 31, 2024)	-

Karman Industries has raised a total funding of $31.5M over 3 rounds. Its first funding round was on Sep 19, 2024. Its latest funding round was a Series A round on Sep 2025 for $*****. 4 investors participated in its latest round. Karman Industries has 5 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Karman Industries:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 2025	9133562	Series A	6373451	9548610	2796289	6797739
Jan 08, 2025	5559003	Series A	1223138	2430335	5167655	Riot & 3 more
Sep 19, 2024	2989721	Seed	6889837	6727885	Riot	8566291

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View details of Karman Industries's funding rounds and investors

The founders of Karman Industries is Chiranjeev Kalra.

Here are the details of Karman Industries' key team members:

Chiranjeev Kalra: Co-Founder & CTO of Karman Industries.

View details of Karman Industries's Founder profiles and Board Members

Karman Industries' employee count trend

Karman Industries has 52 employees as of Aug 26. Here is Karman Industries's employee count trend over the years:

Employee count trend for Karman Industries

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Top competitors of Karman Industries include Enerdrape, Climeon and Promethean Energy. Here is the list of Top 10 competitors of Karman Industries, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Karman Industries 2024, Los Angeles (United States), Series A	Provider of industrial heat solutions designed to reduce energy waste	$31.5M	8090 Industries, Riot & 4 others	59/100
2nd	Enerdrape 2019, Lausanne (Switzerland), Seed	Developer of geothermal panel technology for heating and cooling. This technology transforms underground infrastructure into a renewable source of heating and cooling. The panels offer a sustainable and renewable energy solution for various applications. It supports decarbonization efforts for building owners and energy professionals, helping them achieve environmental and energy autonomy goals. The technology is applicable to both new construction and renovation projects.	$2.22M	URBAN-X, FIT & 4 others	54/100
3rd	Climeon 2011, Stockholm (Sweden), Seed	Provider of SaaS-driven industrial and geothermal waste heat recovery products	-	Blue AB, Ilija Batljan Invest & 2 others	49/100
4th	Promethean Energy 2014, Mumbai (India), Seed	Provider of industrial thermal waste heat recovery and energy solutions	$2.49M	Transition VC, Sangam Ventures & 5 others	48/100
5th	iHandal 2009, Shah Alam (Malaysia), Seed	Provider of waste heat recovery solutions	$359K	Bintang Capital Partners, Clean Fight & 1 others	48/100
6th	Orcan Energy 2008, Munich (Germany), Public	Developer and producer of energy modules	$29M	Kleiner Perkins, Wellington Partners Venture Capital ... & 10 others	47/100
7th	ElectraTherm 2005, Flowery Branch (United States), Acquired	Waste heat recovery solutions converting low-temperature heat into clean electricity	$32.7M	Interlaken Capital, DOE & 1 others	45/100
8th	Everllence 2010, Augsburg (Germany), Acquired	Provider of propulsion, decarbonization, and efficiency solutions for shipping, energy, industry	-	-	45/100
9th	DCO Energy 2000, Hamilton (United States), Unfunded	Developer and installer of co-generation systems, solar PV plants, and CHP plants	-	-	44/100
10th	Enertime 2008, Courbevoie (France), Public	Manufacturer of organic rankine cycle modules	$7.27M	Amundi, Wilco & 5 others	44/100