Factor2 Energy
Latest round
- Seed
Last raised
- Jun 2025
Total raised
- $9.1M
Investors
- 5
About Factor2 Energy
Factor2 Energy GmbH, founded in 2025 and headquartered in Duisburg, Germany, focuses on geothermal power generation. The company was established to leverage CO2 in creating energy, marking a pivot towards sustainable energy solutions.Factor2 Energy specializes in geothermal power generation utilizing CO2 as a working fluid, transforming it into a resource for energy production. Their offerings include emission-free and baseload-capable power, targeting regions with geothermal potential.Factor2 Energy generates revenue through partnerships and contracts within the energy production and carbon management sectors, deploying geothermal technology for clients. Their revenue model often includes long-term agreements for power purchase, supporting clients' sustainable energy goals while reducing carbon footprints. Going forward, the company plans to expand its product offerings and enter new markets where geothermal potential exists.
Who invested in Factor2 Energy
5 investors across 1 round
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Funding rounds
Seed
Jun 4, 2025
Amount
$9.1M
Investors
Questions about Factor2 Energy
Who invested in Factor2 Energy?
Factor2 Energy has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Factor2 Energy raised?
Factor2 Energy has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Factor2 Energy last raise money?
Factor2 Energy's most recent round on record is a Seed, in Jun 2025.
What does Factor2 Energy do?
Factor2 Energy GmbH, founded in 2025 and headquartered in Duisburg, Germany, focuses on geothermal power generation.
Where is Factor2 Energy headquartered?
Factor2 Energy is headquartered in Duisburg, Germany.
Which VCs invest in companies like Factor2 Energy?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back renewable energy companies at Factor2 Energy's stage. Their profiles are linked below.
VCs backing renewable energy startups at Seed
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