Best Energy Companies in North Dakota, United States
The 40 best Energy companies in North Dakota, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: MidWest AgEnergy.
Our analysis of 171 Energy companies
$71.4b in tracked funding; 82% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy companies in North Dakota
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | MidWest AgEnergy Operator of biorefineries producing ethanol and sequestering carbon dioxide | $20M | 74 mo ago | Series B | Jeff Zueger CEO | 2007 | — | — |
| 2 | Red Trail Energy Producer and seller of ethanol fuel and dried distillers grains | $490K | 120 mo ago | Public | Gerald Bachmeier CEO | 2003 | Froala EditorMicrosoft ASP.NETFont Awesome+13 | — |
| 3 | Energy Xtractors Oil and gas exploration and production company | $200K | 45 mo ago | Seed | Guillermo Barreto Founder | 2022 | — | — |
| 4 | Dakota Oil Processing Crude oil refinery operator | $200K | 163 mo ago | Seed | Steve Schneider Chairman & CEO | 2010 | — | — |
| 5 | W-E Wind Wind energy project developer | $126K | 105 mo ago | Deadpooled | Tracy Henningsgard CEO | 2008 | — | — |
| 6 | D3max Manufacturer of prefabricated buildings, steel structures, and transmission towers | $110K | 123 mo ago | Seed | Joe Bryan CEO | 2015 | — | — |
| 7 | Minnkota Developer of wind energy projects | — | 19 mo ago | Funding Raised | — | 1940 | WebflowApple iCloud MailjQuery+9 | 2 job openings · 1 partnership |
| 8 | OneCor Provider of acid blending and environmental services | — | 107 mo ago | Funding Raised | Ricky Waitman CEO | 2013 | WordPressMySQLPHP+9 | — |
Top 8 Energy companies in North Dakota
#1
Series B · Bismarck, North Dakota · founded 2007 · 27 employees$20.2Mraised▾
Operator of biorefineries producing ethanol and sequestering carbon dioxide. It utilizes waste steam from power plants to refine corn into ethanol, distillers grains, and corn oil. The company also implements carbon capture technology, permanently storing carbon dioxide emissions generated during ethanol production. This process contributes to environmental decarbonization while providing a consistent market for agricultural products. The biorefineries supply ethanol blends to fuel stations and offer distillers grains for animal feed.
- Jun 2020Grant (prize money)$3.4M
- Nov 2013Series B$20.2M
#2
Seed · Grassy Butte, North Dakota · founded 2022$200Kraised▾
Oil and gas exploration and production company
- Nov 2022Seed$200K
#3
Public · Richardton, North Dakota · founded 2003 · 43 employees$490Kraised▾
Producer and seller of ethanol fuel and dried distillers grains. This entity operates a facility that produces ethanol from corn and also generates dried distillers grains, a byproduct used as animal feed. The company sells its ethanol fuel directly to farmers, local businesses, and employees. Dried distillers grains are also available for sale. The business includes corn unloading, ethanol production, and the loading of the dried distillers grains byproduct.
- Aug 2016Grant (prize money)$490K
#4
Seed · Bismarck, North Dakota · founded 2010$200Kraised▾
Crude oil refinery operator
#5
Deadpooled · New Rockford, North Dakota · founded 2008$125.6Kraised▾
W-E Wind is a wind energy project developer that operates large-scale onshore wind turbine projects. The company is an EPC developer of wind energy projects. Their website is non-functional as on May, 2017.
- Dec 2017Seed$125.6K
#6
Seed · Grand Forks, North Dakota · founded 2015$110Kraised▾
Manufacturer of prefabricated buildings, steel structures, and transmission towers. This entity produces a variety of steel products including foot bridges, shelters, sleeping bunkers, steel bridges, and Hamilton poles. They also fabricate pressed steel tanks, prefabricated shelters, tubular structures, highway guardrails, pressed steel doors, electric conductors, and rolling shutters. The company utilizes modern infrastructure and machinery to fulfill large-scale orders.
- May 2016Seed$110K
#7
Funding Raised · Grand Forks, North Dakota · founded 1940 · 415 employees—raised▾
Developer of wind energy projects
#8
Funding Raised · Williston, North Dakota · founded 2013 · 14 employees—raised▾
Provider of environmental services and last-mile chemical logistics intended for the oil and gas industry. The company focuses on providing bio-remediation services by developing various treatments as well as conditioners and offers blended acid for the completion, stimulation and work-over of oil and gas wells, enabling clients to focus on driving equipment utilization higher and eliminating costly time.
- Sep 2017Conventional Debt—
- Sep 2017PE—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Energy coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Grid Energy Storage is moving in the United States
A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 5,941 United States-affiliated papers.
- Electric Power Research Institute204
- Pacific Northwest National Laboratory202
- Argonne National Laboratory193
- Northeastern University151
- Massachusetts Institute of Technology124
- Battery (electricity)57→359
- Electrolyte37→318
- Electrochemistry30→240
- Cathode32→224
- Anode37→209
- Renewable energy40→492
- Battery (electricity)59→507
- Power (physics)8→227
- Electrolyte27→244
- Electrochemistry37→240
- Battery (electricity)35→184
- Renewable energy24→156
- Electrolyte13→114
- Electrochemistry10→80
- Cathode9→72
Where energy storage is researched across United States
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing energy storage patents in the United States
United States energy storage patent filing is accelerating — 8,522 filings from 3,681 assignees (2016–2025), led by General Electric, ESS Technology, GM Global TECH Operations; annual filings 687→1058.
- General Electric592
- ESS Technology276
- GM Global TECH Operations233
- Fastcap Systems205
- UNIV California180
- Rondo Energy157
- United Technologies154
- Battelle Memorial Institute146
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.