Best Energy Companies in Virginia, United States
The 136 best Energy companies in Virginia, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Enviva.
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 Virginia
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Enviva Wood pellets and chips manufacturer | $1.5B | 69 mo ago | 1,386 1,386 → 788 (-43%) | 2004 | Glenn Nunziata Interim Chief Executive Officer and CFO | — | 1 internship |
| 2 | Venture Global LNG LNG production and export company | $1.4B | 31 mo ago | 410 | 2013 | — | — | 2 partnerships |
| 3 | Urban Grid Solar Developer of solar energy projects | $375M | 56 mo ago | 89 | 2011 | Frank Depew President and CEO | — | 1 job opening |
| 4 | Apex Clean Energy Producer of independent power in wind and solar energy sector | $106M | 46 mo ago | 366 366 → 624 (+70%) | 2009 | Mark Goodwin Co-founder and Board Member | — | — |
| 5 | Lightshift Energy Provider of utility scale energy storage solutions transforming energy management and distribution | $100M | 11 mo ago | — | 2019 | Michael Herbert Co-Founder / Managing Partner | — | — |
| 6 | Independence Hydrogen provider of logistics services | $30M | 11 mo ago | 16 | 2022 | — | — | — |
| 7 | VECO Power Trading Short-term electricity trading firm leveraging advanced analytics for competitive power markets | $12M | 58 mo ago | 10 | 2014 | — | — | — |
| 8 | Overview Energy Limited information available | $11M | 23 mo ago | 4 | 2022 | Mark Bert Founder | — | — |
| 9 | Pesco Beam Environmental Solutions Oil refining systems and biodiesel systems | $8M | 222 mo ago | 5 | 1991 | — | — | — |
| 10 | Weil Group Vertically integrated helium producer and supplier | $8M | 121 mo ago | 7 | 2009 | Jeff Vogt CEO | — | — |
| 11 | Litesheet LiteSheet is an AC Direct LED lighting innovation company that develops and commercializes products. 5Funding bottom 47%Global bottom 35%Patents bottom 26%Innovation bottom 4% All 4 signals ▾Fundingbottom 47% Globalbottom 35% Patentsbottom 26% Innovationbottom 4% Funding: Raised $6.8M across 9 rounds · 9 rounds over 13 yrs (0.7/yr) Global: Single-market focus (United States) rank vs industry peers · Fliar Intelligence Index 5/100 | $7M | 67 mo ago | 8 | 2012 | — | 2 patents LED lighting control systems integrated with HVAC and building automation | — |
| 12 | Radiation Watch Provider of proven technological solutions for radiological detection | $6M | 236 mo ago | — | 2003 | — | — | — |
| 13 | LiteSheet Solutions LED lighting engine developer 6Funding bottom 48%Talent bottom 45%Moat bottom 42%Global bottom 31% All 6 signals ▾Fundingbottom 48% Talentbottom 45% Moatbottom 42% Globalbottom 31% Patentsbottom 26% Innovationbottom 4% Funding: Raised $4.2M · 10 rounds over 13 yrs (0.8/yr) Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 6/100 | $4M | 67 mo ago | — | 2013 | Roger Whyte CEO | 2 patents LED lighting control electronics and circuitry | — |
| 14 | East Point Energy Developer of grid-scale energy storage projects for a resilient electric grid | $4M | 70 mo ago | 25 | 2018 | Andrew Foukal CEO | — | 5 job openings |
| 15 | LEAP Operator of a network providing resources and support for professionals | $4M | 188 mo ago | — | 2009 | — | 29 patents Microwave-based pavement recycling and on-site asphalt production technologies | — |
| 16 | Earthrise Energy Independent solar power producer | $3M | 66 mo ago | 11 | 2019 | — | — | — |
| 17 | C·Power Developer of marine energy project | $3M | 5 mo ago | 22 | 2004 | Reenst Lesemann CEO | 256 patents Liquid‑cooled power supplies and DC‑DC converters for high‑density IT equipment | — |
| 18 | GASE Energy Provider of operating and developing natural gas properties | $2M | 135 mo ago | 19 | 2011 | — | — | — |
| 19 | Hexagon Energy Developer of clean energy projects across multiple renewable sources | $2M | 118 mo ago | 20 20 → 35 (+75%) | 2013 | Daniel Masterson Founder | — | 2 job openings · 1 internship |
| 20 | Generation Energy Developing, building and operating utility scale renewable energy projects | $550K | 205 mo ago | — | 2005 | Danny McCrystal Founder | — | — |
| 21 | CRCL Solutions Provider of wind & solar renewable energy power production forecasting services | $274K | 43 mo ago | 3 | 2021 | Daniel Vassallo Co-Founder | — | — |
| 22 | NearStar Fusion Developer of nuclear energy projects | $266K | 33 mo ago | 5 | 2021 | Amit Singh Chief Executive Officer | — | — |
| 23 | Powerfield Installers of microgrid and community solar projects | $200K | 103 mo ago | 5 | 2016 | Paul Burdick Co-Founder | — | — |
| 24 | Ocean Systems Supplier of offshore skimmer and containment booms 8Talent bottom 45%Global bottom 25%Funding bottom 19% All 3 signals ▾Talentbottom 45% Globalbottom 25% Fundingbottom 19% Talent: 1 named leader on record Global: Single-market focus (United States) rank vs industry peers · Fliar Intelligence Index 8/100 | $200K | 146 mo ago | — | 2013 | Charles Feghali CEO & President | — | — |
| 25 | Reco Biodiesel BIodiesel manufacturer | $117K | 175 mo ago | — | 2004 | Michael Schleinkofer CEO & President | — | — |
Top 12 Energy companies in Virginia
#1
Series B · Arlington, Virginia · founded 2019$100Mraised▾
Lightshift Energy is a company that focuses on utility-scale energy storage solutions in North America, transforming the way energy is managed and distributed. With a recent fundraising of $100 million from Greenbacker Capital Management, Lightshift Energy is expanding its utility-scale battery storage capabilities.
- Jul 2025Conventional Debt$40M
- Mar 2024Series B$100M
#2
Series C · Ashburn, Virginia · founded 2022 · 16 employees$30Mraised▾
provider of logistics services
- Jul 2025Series C—
- Mar 2022Series C$30M
#3
Series B · Charlottesville, Virginia · founded 2004 · 22 employees$2.5Mraised▾
Developer of marine energy project
#4
Series F · Arlington, Virginia · founded 2013 · 410 employees$1.4Braised▾
Venture Global LNG is a US-based company focused on producing and exporting liquefied natural gas. The company operates natural gas pipelines and LNG facilities in North America.
#5
Public · Richmond, Virginia · founded 2004 · 1386 employees$1.5Braised▾
Enviva owns and operates six plants that are located in the southeastern United States and that produce about 2.2 million metric tons of wood pellets and wood chips annually. Their products are used as an alternative for coal in the generation of electricity by reducing carbon footprint. Apart from US they supply their products to UK and Europe.
- Sep 2020Grant (prize money)$750K
- Jul 2020Post IPO$1B
- Oct 2018Conventional Debt$350M
- Oct 2017Conventional Debt$55M
#6
Series B · Ashburn, Virginia · founded 2022 · 4 employees$11.2Mraised▾
Limited information available
- Jun 2024Series B$11.2M
#7
Acquired · Richmond, Virginia · founded 2011 · 89 employees$375Mraised▾
Developer of solar energy projects
- Oct 2021Conventional Debt$275M
- Sep 2019Conventional Debt$100M
#8
Acquired · Charlottesville, Virginia · founded 2009 · 366 employees$106.1Mraised▾
Producer of independent power in wind and solar energy sector
- Aug 2022Conventional Debt$650M
- Jul 2021Conventional Debt$20M
- Dec 2020Conventional Debt$200M
- Mar 2020Conventional Debt$35M
#9
Series A · Vienna, Virginia · founded 2014 · 10 employees$11.7Mraised▾
Short-term electricity trading firm leveraging advanced analytics for competitive power markets. The firm specializes in trading short-term electricity in domestic power markets, supporting efficient and competitive electricity markets through sound investment and trading. They possess deep expertise in analysis, technology, modeling, risk management, and research. The company deploys an advanced suite of proprietary tools and systems to facilitate fast-paced, daily trading in dynamic, volatile markets. They adapt to changing circumstances and market conditions, leveraging in-house analytic capabilities to capitalize on new opportunities. They are a registered market participant with multiple electric markets and have been approved to sell wholesale electricity at market-based rates. The firm fosters a highly collaborative culture, rewarding team performance.
- Aug 2021Series A$11.7M
#10
Deadpooled · Forest, Virginia · founded 2012 · 8 employees$6.8Mraised▾
Developer of LED-based lighting products designed to eliminate the primary cause of product failures due to DC power supply. The company's light-emitting diode (LED) technology is used to develop AC direct LED lighting products that are efficient, sustainable, and cost-effective, its driver and mesh components are modular and scalable to adapt to any application and lighting configuration, enabling customers to select the right products for their application at a low cost of ownership.
- Nov 2020Conventional Debt$200K
- Apr 2019Conventional Debt$400K
- Feb 2017Series A$2.1M
- Apr 2016Seed—
#11
Deadpooled · Bedford, Virginia · founded 2013$4.2Mraised▾
LED lighting engine developer
#12
Acquired · Charlottesville, Virginia · founded 2018 · 25 employees$3.8Mraised▾
Developer of grid-scale energy storage projects for a resilient electric grid. The organization focuses on the origination, construction, and operation of energy storage systems. It develops projects to transform the grid into a renewable and affordable system. The company is committed to long-term value creation in a low-carbon future.
- Aug 2020Series A$2.2M
- Dec 2018Seed$1.6M
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 Virginia is moving
A read on the academic research around Energy Storage in Virginia — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 75 papers.
Virginia Tech and University of Virginia lead battery materials and microgrid optimization research across 75 papers, with an optimistic tone (mean 0.56) dominated by breakthroughs and advancements.
- Virginia Tech34
- University of Virginia20
- West Virginia University11
- Virginia Commonwealth University8
- Virginia Cooperative Extension1
- Battery (electricity)1→12
- State of charge1→3
- Battery (electricity)2→9
- Renewable energy1→8
- Automotive engineering1→5
- Electrochemistry1→4
- Electrical engineering2→4
- Battery (electricity)2
- Renewable energy2
- Data center2
- Electricity2
- Demand response2
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.