Best Energy Companies in Ohio, United States
The 256 best Energy companies in Ohio, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: MPLX.
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 Ohio
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | MPLX Operator of crude oil pipelines | $1.7B | 121 mo ago | 5,810 | 2012 | Gary R Heminger CEO | — | — |
| 2 | Northwood Energy Renovator and renewer of oil and gas wells | $852M | 101 mo ago | 21 | 1983 | — | — | — |
| 3 | USA Synthetic Fuel Corporation Provider of solid hydrocarbon resources such as coal renewable | $68M | 164 mo ago | 35 | 2009 | Steven Vick CEO & President | — | — |
| 4 | Phycal Provider of technology to produce biofuels | $63M | 170 mo ago | 11 | 2006 | — | 28 patents Patents concentrated in chemistry & materials | — |
| 5 | US Lighting Group Manufacturer of LED-based lighting products 50Patents top 24%Growth top 27%Moat top 28%Product top 30% All 11 signals ▾Patentstop 24% Growthtop 27% Moattop 28% Producttop 30% Innovationtop 31% Fundingtop 47% Fin. healthbottom 48% Marketbottom 44% Globalbottom 40% Techbottom 24% Newsbottom 22% Patents: 1,542 patents matched (strict assignee match) · 35 filings since 2022 vs 708 in 2017-21 Growth: Revenue +235% YoY rank vs industry peers · Fliar Intelligence Index 50/100 | $53M | 90 mo ago | 29 | 1981 | — | 1,542 patents Advanced LED lighting fixtures with integrated control, heat management, and optical filtering | — |
| 6 | Power Grid Components Investment and acquisition firm | $12M | 98 mo ago | 16 | 2017 | — | — | — |
| 7 | Arisdyne Provider of asphalt and concrete paving services for commercial properties | $8M | 171 mo ago | 9 | 2006 | — | — | — |
| 8 | Algaeventure Systems Manufacturer and retailer of gold and diamond jewelry | $8M | 126 mo ago | — | 2008 | Ross Youngs Founder & CEO | — | — |
| 9 | Echogen Power Systems Developer of waste heat recovery and long-duration energy storage systems 37Patents top 37%Innovation top 41%Funding top 45%Talent bottom 49% All 7 signals ▾Patentstop 37% Innovationtop 41% Fundingtop 45% Talentbottom 49% Techbottom 45% Globalbottom 41% Marketbottom 37% Patents: 190 patents matched (strict assignee match) · 9 filings since 2022 vs 67 in 2017-21 Innovation: 190 patents (top 11% of patent-holders) · 9 filings since 2022 vs 67 in 2017-21 rank vs industry peers · Fliar Intelligence Index 37/100 | $5M | 12 mo ago | 21 | 2007 | Phil Brennan Founder and CEO | 190 patents Supercritical fluid heat engines and pumped thermal energy storage systems | 1 partnership · 1 award |
| 10 | One Energy Turnkey developers | $5M | 92 mo ago | 62 | 2009 | Jereme Kent CEO | — | — |
| 11 | Terves Manufacturer of dis-solvable metals and polymers for oil and gas industry 37Patents top 33%Partners top 40%Innovation top 43%Market top 49% All 7 signals ▾Patentstop 33% Partnerstop 40% Innovationtop 43% Markettop 49% Globalbottom 42% Fundingbottom 38% Techbottom 24% Patents: 138 patents matched (strict assignee match) · 42 filings since 2022 vs 86 in 2017-21 Partners: 2 contract events in 12 mo · Named contractor/client in 2 deals rank vs industry peers · Fliar Intelligence Index 37/100 | $5M | 107 mo ago | 54 | 2013 | — | 138 patents Degradable magnesium alloys and controlled-dissolution metal systems for aerospace and medical applications | — |
| 12 | Community Energy Develops utility scale solar and wind power plants | $4M | 74 mo ago | 33 | 1999 | — | — | — |
| 13 | Ecolibrium Solar Makes solar mounting structures | $4M | 98 mo ago | 23 | 2010 | Jan Werff ex-CEO | 39 patents Roof-mounted photovoltaic mounting hardware for sloped/low‑slope solar panel installations. | — |
| 14 | Nextronex Manufactures solar inverters for large scale projects | $2M | 133 mo ago | 8 | 2008 | — | 10 patents Grid‑connected solar photovoltaic inverter with integrated battery storage and dual AC/DC input | — |
| 15 | Quasar Energy Group Anaerobic digestion systems innovator for biomass management and nutrient services 24Funding top 49%Market bottom 46%Global bottom 29% All 3 signals ▾Fundingtop 49% Marketbottom 46% Globalbottom 29% Funding: Raised $2.4M across 2 rounds · 2 rounds over 18 yrs (0.1/yr) Market: 50 employees (top 46% of Waste & Water Management) rank vs industry peers · Fliar Intelligence Index 24/100 | $2M | 13 mo ago | 50 | 2006 | — | — | — |
| 16 | Evolution Energy Limited information available | $2M | 115 mo ago | 20 | 2014 | — | — | — |
| 17 | Nautica Windpower Provider of foundations & tower systems to wind energy sector | $2M | 176 mo ago | 2 | 2007 | Larry Viterna Founder & President | — | — |
| 18 | EdgeEnergy Provider of electric vehicle charging solutions for locations without three-phase power, utilizing… | $1M | 7 mo ago | — | 2020 | Greg York Founder & CEO | — | — |
| 19 | Octet Scientific Manufacturer of batteries | $1M | 37 mo ago | 9 | 2017 | — | — | 1 partnership |
| 20 | Advanced Hydro Solutions Hydroelectric project developer providing affordable, reliable, and sustainable renewable energy | $1M | 193 mo ago | — | 2003 | David Sinclair CEO | — | — |
| 21 | GoSun Stove Solar-powered ovens, coolers, chargers, and more for sustainable off-grid living | $671K | 77 mo ago | 10 | 2014 | Patrick Sherwin Founder & CEO | — | 2 launchs |
| 22 | Conductor Solar Developer of commercial solar power projects | $645K | 18 mo ago | 8 | 2022 | Marc Palmer Founder & CEO | — | — |
| 23 | Davy Gas Provider of gaseous hydrogen and oxygen producing & supplying services | $588K | 49 mo ago | — | 2021 | Nicholas Cupps Co-Founder & CEO | — | — |
| 24 | 11 Good Energy Biodiesel fuel | $576K | 167 mo ago | — | 2006 | Sandra Lee Chairman & CEO | — | — |
| 25 | Alliance Petroleum Oil and gas production company | $531K | 113 mo ago | 54 | 1985 | — | — | — |
| 26 | Davy Power Systems Provider of hydrogen production and power generating ecosystem services | $402K | 38 mo ago | — | 2021 | Nicholas Cupps CEO | — | — |
| 27 | Engineered Carbon Solutions Pellet fuel for wood pellet stoves | $225K | 156 mo ago | 4 | 2013 | Joel Douglas Co-Founder | — | — |
| 28 | Flint Ridge Energy Provider of custom-made nitrogen ice cream and specialty coffee | $142K | 168 mo ago | — | 2006 | Patricia Hixson CEO & President | — | — |
| 29 | Great Plains Oil & Exploration Developer of bioenergy projects | $50K | 186 mo ago | 2 | 2006 | — | — | — |
| 30 | Buckeye Partners Provider of midstream logistic solutions | — | 4 mo ago | 1,621 1,621 → 1,577 (-3%) | 1886 | — | — | 1 partnership |
| 31 | Babcock & Wilcox Provider of energy and environmental technology services | — | 12 mo ago | 3,779 | 1867 | Kenneth Young CEO | 2,035 patents Industrial steam generation, hydrogen production, and metal smelting process technologies. | — |
| 32 | DTE Energy Diversified energy company | — | 15 mo ago | 9,950 9,950 → 9,683 (-3%) | 1996 | Jerry Norcia Chairman and Chief Executive Officer | — | 1 award |
| 33 | Marathon Petroleum Petroleum refining, marketing, and transportation company | — | 17 mo ago | 18,200 18,200 → 17,094 (-6%) | 1887 | Gary Heminger CEO & President | 547 patents Petroleum refining and downstream processing, including distillation, fluid separation, and contaminant reduction. | 1 award |
| 34 | Nationwide Energy Partners Company offers custom, nontraditional electric and water submetering solutions for multifamily properties | — | 25 mo ago | 17 | 1999 | Michael DeAscentis Founder | — | 3 launchs · 1 partnership |
| 35 | American Electric Power Retail energy supplier | — | 32 mo ago | 17,710 17,710 → 13,195 (-25%) | 1906 | Akins Elected CEO | — | 2 job openings · 1 internship |
Top 12 Energy companies in Ohio
#1
Seed · Akron, Ohio · founded 2007 · 21 employees$5.3Mraised▾
Developer of waste heat recovery and long-duration energy storage systems. It offers commercially available waste heat recovery systems using supercritical carbon dioxide (sCO2) technology, enabling compact and efficient power generation. The company also develops pumped thermal energy storage (PTES) solutions for utility-scale long-duration energy storage, addressing challenges in grid stability and renewable energy integration. Its sCO2-based power cycles are designed for various applications, including industrial heat, power generation in oil and gas, solar, and marine sectors.
- May 2025Grant (prize money)$1.2M
- May 2025Grant (prize money)$3M
- Feb 2018Seed—
- Jul 2017Grant (prize money)$1M
#2
Series A · Ohio · founded 2020$1.4Mraised▾
EdgeEnergy is a provider of electric vehicle (EV) fast charging solutions, offering a direct current (DC) charging system that does not require three-phase power or batteries. The company's technology allows for rapid charging of EVs in locations without access to traditional charging infrastructure. With a focus on energy efficiency and sustainability, EdgeEnergy aims to facilitate widespread adoption of EVs and reduce reliance on fossil fuels.
- Oct 2025Series A$3.5M
- Oct 2022Seed$1.4M
#3
Funding Raised · Cleveland, Ohio · founded 2006 · 50 employees$2.4Mraised▾
Anaerobic digestion systems innovator for biomass management and nutrient services. The company advances the biogas industry through design, construction, and operation of North American anaerobic digestion systems. It offers innovative technology solutions for waste disposal challenges, focusing on biomass management, digester design and build, laboratory services, nutrient services, system monitoring services, and transportation services. The company provides services to affiliates and collaborators, supporting projects with a team of licensed professionals. It addresses the growing demand for energy and the need for sustainable waste management through its comprehensive suite of services. This includes biomass management, digester design, laboratory analysis, nutrient recovery, system monitoring, and transportation, contributing to a circular economy and renewable energy production.
- May 2025Grant (prize money)$1.9M
- Sep 2013Grant (prize money)—
- Sep 2008Grant (prize money)$500K
#4
Public · Findlay, Ohio · founded 2012 · 5810 employees$1.7Braised▾
Operator of crude oil pipelines
- May 2016Post IPO$1B
- 2014Conventional Debt$700M
#5
Series D · Columbus, Ohio · founded 1983 · 21 employees$851.7Mraised▾
Renovator and renewer of oil and gas wells. This company specializes in the renovation and renewal of existing oil and gas wells. It provides services to land and mineral owners, assisting them with their rights related to these resources. The company also offers emergency reporting services for well or house gas problems. Its operations include drilling and production, as well as royalty and accounting services.
#6
Seed · Athens, Ohio · founded 2022 · 8 employees$645Kraised▾
Developer of a fintech platform intended to transform commercial solar deals. The company specializes in getting bids for developers and finding financing partners for commercial solar projects, thereby helping clients to get new connections and better project values.
- Dec 2024Seed$555K
- Jun 2023Seed$645K
#7
Deadpooled · Highland Heights, Ohio · founded 2006 · 11 employees$62.9Mraised▾
Developer of an integrated production system intended for growing algae and producing commercially relevant energy products. The company's integrated production system includes diesel, jet fuel and feed stock for various other bio-products combines innovative technology and system engineering, enabling businesses to focus on producing oil at a market competitive price.
- Apr 2012Grant (prize money)$495.8K
- Apr 2012Grant (prize money)$495.8K
- Aug 2010Grant (prize money)—
- Aug 2010Grant (prize money)$1.6M
#8
Series B · Eastlake, Ohio · founded 1981 · 29 employees$53.3Mraised▾
US Lighting Group is a manufacturer of commercial LED lighting products. The lighting products offered are supposed to be energy efficient owing to their patent-pending driverless and transformerless technology. Offerings include LED tube lights, Products provided are for the lighting systems in offices, factories, stores, gymnasiums, schools, hospitals, and warehouses.
#9
Late Stage · Cincinnati, Ohio · founded 2009 · 35 employees$68Mraised▾
USA Synthetic Fuel Corporation ("USASF") is an environmentally-focused alternative energy company developing advanced, ultra clean energy conversion and production facilities across America. USASF’s Btu Conversion technology utilizes gasification and other advanced energy technologies resulting in clean and efficient production of synthetic gas for conversion into synthetic natural gas and Ultra Clean Synthetic Crude in the emerging alternative energy market. The Company is built on a history of environmental technology and advanced clean energy systems developed by its predecessor, Global Energy Inc., that has resulted in a proprietary expertise in the operation of low cost ultra clean Bt
- Oct 2012Post IPO$68M
#10
Seed · Cleveland, Ohio · founded 2017 · 9 employees$1Mraised▾
Manufacturer of batteries
- Apr 2023Seed$1M
- Aug 2022Grant (prize money)$1M
- Jun 2020Grant (prize money)$225K
- Dec 2018Grant (prize money)$25K
#11
Acquired · Columbiana, Ohio · founded 2017 · 16 employees$12Mraised▾
Power Grid Components is an investment firm which acquires companies engaged in manufacturing & supplying of electric power grid components. Affiliated companies are Instrument Transformer Equipment Corporation (ITEC)- manufactures revenue metering and protective relaying transformers & other electric utility equipment; Newell PSN- supplies solid core porcelain and glass insulators to OEMs, distributors, electric utilities & grid servicing companies.
- Apr 2018Conventional Debt—
- Apr 2018Seed$12M
#12
Series A · Columbus, Ohio · founded 2008$7.7Mraised▾
Manufacturer and retailer of gold and diamond jewelry. It designs, manufactures, and sells a variety of jewelry items, catering to diverse tastes and preferences. The company operates both retail showrooms and manufacturing facilities. It also engages in jewelry exports to both existing and new international markets. The business model includes both direct sales to consumers and wholesale distribution.
- Dec 2015Series A$500K
- May 2015Series A$1.6M
- Nov 2014Series A$502.5K
- Sep 2014Series A$2.9M
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 Energy Storage in Ohio is moving
A read on the academic research around Energy Storage in Ohio — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 48 papers.
Ohio State, Ohio, and Ohio Northern universities optimistically research advanced battery materials and technologies, with 44 breakthrough/advancement papers versus 3 concerns.
- The Ohio State University40
- Ohio University6
- Ohio Northern University1
- Ohio Aerospace Institute1
- Electrolyte1→3
- Battery (electricity)2→3
- Electricity5
- Renewable energy5
- Anode4
- Electrolyte3
- Flexibility (engineering)3
- Anode2
- Graphene1
- Oxide1
- Silicon1
- Electrical contacts1
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.