# Natel Energy

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

- Industry: Renewable Energy
- Headquarters: Alameda, US
- Website: www.natelenergy.com
- Total disclosed funding: $20M
- Latest round: Series B (Jul 21, 2021)
- Investors on record: 2

## About

Based in the US, Natel Energy, Inc. operates in advanced hydropower engineering, focusing on designing innovative turbine systems that enhance ecological sustainability while generating clean energy.Natel Energy, Inc. was founded in 2009 and is headquartered in Alameda, California, US. The company specializes in advanced hydropower engineering solutions. In April 2023, Natel successfully closed a Series B funding round of USD 20.00 mn led by Breakthrough Energy Ventures, which brought its total amount raised to USD 20.00 mn, with a current company valuation of USD 54.69 mn. The CEO of the company is Gia Schneider, who has a history of involvement in various engineering ventures.Natel Energy specializes in advanced hydropower engineering, focusing primarily on the design and development of proprietary FishSafe™ turbines. These high-performance turbines utilize unique hydraulic designs that enhance downstream fish passage, addressing ecological concerns associated with traditional turbine systems. The company collaborates with established turbine manufacturers to deploy their innovative designs across various hydropower projects, serving clients ranging from large-scale energy producers to smaller hydroelectric facilities in regions with significant hydropower potential, including North America, Europe, and parts of Asia.Natel Energy generates revenue through partnerships and collaborations with turbine manufacturers and hydropower operators. The company engages in B2B transactions, providing its proprietary FishSafe™ turbine designs and engineering services to clients seeking to modernize their facilities. Business transactions typically involve contracts for the design and implementation of turbine systems, where clients benefit from improved operational efficiencies and enhanced fish passage. Specific pricing structures for these contracts are tailored based on project specifications and requirements.Natel Energy's strategy for future growth includes plans to launch new products designed to further improve ecological impacts of hydropower in the coming years. The company aims to expand into new markets in Europe and Asia by 2025, focusing on areas that prioritize sustainable hydropower solutions. The recent funding round of USD 20.00 mn will support these initiatives, particularly as the company aims to promote a decarbonized society through digital technology.

## Funding rounds

- Series B, Jul 21, 2021, $20M — Chevron Technology Ventures, Breakthrough Energy Ventures

## Investors

- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series B
- Breakthrough Energy Ventures (https://capitalatlas.ai/funds/breakthrough-energy-ventures) — Series B