# Bloom Energy Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bloom-energy

- Industry: Power & Utilities
- Headquarters: San Jose, US
- Website: www.bloomenergy.com/
- Total disclosed funding: $801M
- Latest round: Series G (Jun 11, 2013)
- Investors on record: 10

## About

Bloom Energy Corporation provides advanced onsite power generation solutions, specializing in converting various fuels into electricity without combustion, catering to sectors demanding reliable and scalable energy sources.Bloom Energy Corporation, founded in 2001 in San Jose, US, specializes in clean energy solutions. The company was co-founded by Eric Engebretsen, Jim McElroy, John Pearce, Julie Estey, Miriam Frankel, Stephanie Akoumany, and Tamir Abo-el-Nour. In December 2025, Bloom Energy Corporation raised an undisclosed amount of PIPE funding from Situational Awareness. The company's operational focus has remained steadfast on innovative power generation technologies, and it currently has 17 deals under its belt.Bloom Energy primarily offers onsite power generation solutions through its flagship product, the Bloom Energy Server®, which converts fuels such as natural gas, biogas, and hydrogen into electricity without combustion. This technology caters to end users requiring reliable and scalable power, particularly in sectors like data centers, manufacturing, healthcare, and utilities. The systems can be installed in as little as three months, providing grid-connected primary power for predictable energy costs. Bloom Energy's solutions are deployed across North America, Europe, and parts of Asia, addressing the energy needs of various clients focused on sustainability and efficiency.In the most recent fiscal year of 2024, Bloom Energy reported revenue of USD 1,473.86 mn and an EBITDA of USD 434.79 mn. The company's revenue generation primarily relies on the sale and deployment of its Energy Servers, typically through B2B transactions, allowing for tailored installations that meet specific energy demands.Bloom Energy aims to leverage its recent IPO funding of USD 270 mn to accelerate product development and expand its market presence. The company is actively designing new products to enhance its energy solutions, targeting growth in emerging markets across Europe and Asia by 2025. Recent funding will support these initiatives, enabling the company to broaden its reach and integrate innovative technologies that align with global energy demands.

## Funding rounds

- Series G, Jun 11, 2013, $122M — E.ON Strategic Co-Investments, NEXT Investors
- Series G, May 30, 2012, $100M — Apex Venture Partners
- Series G, Jul 12, 2011, $150M — Apex Venture Partners, Kleiner Perkins, New Enterprise Associates, DAG Ventures, GSV Asset Management
- Series C, Nov 6, 2010 — Skinner Ventures
- Series F, Mar 30, 2009, $200M — Kleiner Perkins, New Enterprise Associates, Crown Capital
- Series E, Nov 14, 2007, $66M — Kleiner Perkins
- Series D, May 22, 2006, $12M — Kleiner Perkins, New Enterprise Associates, Foundry Group
- Series D, Mar 7, 2006, $90M — Kleiner Perkins, New Enterprise Associates, Foundry Group
- Series C, Nov 19, 2004, $45M — Kleiner Perkins, New Enterprise Associates
- Series B, Aug 29, 2003, $12M — Kleiner Perkins, New Enterprise Associates
- Series A, May 3, 2002, $4.5M — Kleiner Perkins

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A, Series B, Series C, Series D, Series E, Series F, Series G
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B, Series C, Series D, Series F, Series G
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series D
- Crown Capital (https://capitalatlas.ai/funds/crown-capital) — Series F
- Skinner Ventures (https://capitalatlas.ai/funds/skinner-ventures) — Series C
- Apex Venture Partners (https://capitalatlas.ai/funds/apex-venture-partners) — Series G
- DAG Ventures (https://capitalatlas.ai/funds/dag-ventures) — Series G
- GSV Asset Management — Series G
- E.ON Strategic Co-Investments (https://capitalatlas.ai/funds/e-on-strategic-co-investments) — Series G
- NEXT Investors (https://capitalatlas.ai/funds/next-investors) — Series G