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Radar · Energy in Wisconsin

Best Energy Companies in Wisconsin, United States

The 133 best Energy companies in Wisconsin, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: SHINE Technologies.

133companies tracked
$666.7Mdisclosed funding
0unicorns
16have raised
FLIAR INTELLIGENCE · ENERGY × WISCONSIN

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.

171companies analysed
82%cloud-native stacks
2025funding peak (by rounds)
2unicorns
2015median founding year
408kcombined LinkedIn audience
63%of audience held by top 3
5companies hiring publicly (12 mo)

Ranked: Best Energy companies in Wisconsin

#CompanyLast roundDisclosed fundingEmployeesFoundedFounderPatents & IP focusRecent signals
1a-c equipment services
A-C Equipment Services is a manufacturer of rotary kilns and digesters.
——51——114 patents
Continuous food processing equipment for cooking, cutting, coating, and patty formation
—
2A. C. Engineering
Provider of electrical testing and maintenance services
——11993—285 patents
Patents concentrated in construction
—
3ABL Lights
Provider of lighting and electrical products
——701971Yves Henry Brepson
ex-CEO & President
——
4AES
Provider of installation services of energy systems
——981978Steven Apfelbaum
Founder & Chairman
225 patents
Automation and optimization of solar/wind energy installation, operation, and monitoring systems.
—
5airsan
Airsan designs and manufactures air filters.
——121941———
6alps inspection
ALPS Inspection provides leak test and inspection solutions.
——281974——2 launchs · 1 award
7Alternate Energys
Geothermal & solar heating system installer
———2004Rick McCutchin
CEO & President
——
8american transmission co
We serve utilities that procure primary network transmission service.
——8122001———

Top 12 Energy companies in Wisconsin

#1
Series D · Janesville, Wisconsin · founded 2005 · 165 employees
$413.6Mraised
▾

Producer of nuclear isotopes using fusion techniques

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Patents
top 17%
Funding
top 18%
Innovation
top 27%
Growth
top 34%
Tech
top 37%
Moat
top 41%
Patents: 228 patents matched (strict assignee match) · 220 filings since 2022 vs 8 in 2017-21 · Latest publication 2026
Funding: Raised $414M across 17 rounds · 17 rounds over 15 yrs (1.1/yr) · Last round Series D (Feb 2026)
Innovation: 228 patents (top 18% of patent-holders) · 220 filings since 2022 vs 8 in 2017-21
Audience (LinkedIn): 14k LinkedIn followers — 3.4% of this cohort's audience
Activity (LinkedIn): 2 partnerships (incl. newcleo) announced in 12 mo
Funding rounds
  • Feb 2026Series D$240M
  • Oct 2024Grant (prize money)—
  • Oct 2023Series C$70M
  • Jul 2023Grant (prize money)$1.1M
Founders & team
Greg PieferFounder & CEO
Investors
Government of the Netherlands, Fidelity Investments, Koch Disruptive Technologies, Baillie Gifford, Oaktree Capital Management, DOE
Tech stack
Apple Icloud MailCdnjsCloudflareCloudflare Bot ManagementCloudflare TurnstileCore-Js
#2
Series A · Middleton, Wisconsin · founded 2019 · 38 employees
$82.5Mraised
▾

Provider of fuel fusion energy services for healthcare, education, water, food, and transportation

Fliar Intelligence Index™ 24how this company ranks against its industry peers
Funding
top 37%
Talent
bottom 49%
Growth
bottom 40%
Tech
bottom 38%
Global
bottom 38%
Market
bottom 35%
Funding: Raised $82.5M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) · Last round Series A (Jan 2026)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Growth: Web rank 5,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 14k LinkedIn followers — 3.4% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. AECOM, Tony Williams, Phil Larochelle) announced in 12 mo
Funding rounds
  • Jan 2026Series A$87M
  • Nov 2024Seed—
  • Jul 2024Seed$53.5M
  • Mar 2023Seed$29M
Founders & team
Christofer MowryCEO
Investors
Zeon Ventures, Breakthrough Energy, TDK Ventures, Doral Energy Group, Darco Capital, Grantham Foundation
Tech stack
Apple Icloud MailGodaddyGoogle AnalyticsGoogle Font ApiJqueryJquery Migrate
#3
Series A · Madison, Wisconsin · founded 2021 · 5 employees
$9Mraised
▾

Developer of nuclear energy projects

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Funding
top 30%
Growth
top 35%
Talent
top 38%
News
bottom 47%
Moat
bottom 38%
Tech
bottom 30%
Funding: Raised $9.0M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) · Last round Conventional Debt (Feb 2026)
Growth: Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 6k LinkedIn followers
Activity (LinkedIn): 1 product launches · 1 partnerships (incl. Singapore) announced in 12 mo
Funding rounds
  • Feb 2026Conventional Debt$9.5M
  • May 2025Series A$36M
  • Dec 2024Seed—
  • Jun 2023Grant (prize money)$3M
Founders & team
Oliver SchmitzCo-FounderKieran FurlongCo-Founder & CEO
Investors
Khosla Ventures, WARF, DOE, TitletownTech, Future Ventures, Avila VC
Tech stack
Apache Http ServerAzureBluehostCart FunctionalityCore-JsDivi
#4
Funding Raised · Pewaukee, Wisconsin · founded 2009 · 68 employees
$113Mraised
▾

SunVest Solar develops and installs solar PV projects on a residential and commercial scale. Claims to have installed 44k solar panels totalling to 13MW. Has a monitoring portal to monitor the installed systems. Installed a 21kW system for St. Dennis Church, a 158kW system for Madison Gas and Electric and others. Also develops community solar systems.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 13k LinkedIn followers — 3.1% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Dec 2022Conventional Debt$113M
Founders & team
Matt NeumannFounderBram WaltersCEO
Investors
SVB
Tech stack
WordpressMysqlPhpHttp/3
#5
Funding Raised · Milwaukee, Wisconsin · founded 2011 · 9 employees
$716Kraised
▾

Hydroponics solutions and resources for successful plant cultivation. We provide resources and information to empower individuals and businesses in the hydroponics industry. Our focus is on fostering successful plant cultivation through innovative techniques and readily available support. We offer a platform for users to connect, learn, and grow within the hydroponics community. We are committed to providing valuable content and resources to help our users achieve their hydroponic goals. We aim to be a trusted source for all things hydroponics, offering guidance and expertise to both beginners and experienced growers. We are dedicated to promoting sustainable and efficient plant cultivation practices through hydroponics.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 246 LinkedIn followers
Activity: 1 partnerships (incl. Oak Ridge National Laboratory) announced in 12 mo
Funding rounds
  • Jan 2025Grant (prize money)$75K
  • Jul 2024Grant (prize money)$206.5K
  • Dec 2022Grant (prize money)$75K
  • Jun 2022Grant (prize money)$199.5K
Founders & team
Randal MuellerCo-FounderDan GieschenCo-Founder
Investors
Midwest Energy Researc, WIsconsin Center for Technology Commercialization, OSTI
#6
Public · Beaver Dam, Wisconsin · founded 2007
$393Kraised
▾

Provider of construction and infrastructure services. It offers a full range of services, from project planning and design to construction and management. The company also engages in public-private partnerships (PPP) for infrastructure development, providing investment and operational services throughout the project lifecycle. It has expertise in various sectors, including urban renewal and transformation. A significant portion of its business involves the development and management of large-scale infrastructure projects. The company's integrated approach ensures efficient project delivery and client satisfaction.

Funding rounds
  • Apr 2025Grant (prize money)$393K
Investors
United States Department of Agriculture
Tech stack
PhpAmazon AlbAmazon Web ServicesPrototypeNginxCloudflare
#7
Series B · Madison, Wisconsin · founded 2005 · 118 employees
$28.8Mraised
▾

Neutron radiography and imaging solutions for aerospace, defense, and industrial sectors. They provide nondestructive testing services using neutron imaging, a technique that reveals the internal structure of components without damage. This is crucial for quality assurance, failure analysis, and research and development. They offer a reliable alternative to reactor-based facilities, providing high-resolution imaging with greater flexibility and reduced overhead. Their services support manufacturers in delivering safe, high-quality products across various industries. They are certified and compliant with industry standards, including AS9100D and ITAR, ensuring quality and security. They empower reliable, agile suppliers of safe, high-performing products.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
  • Mar 2020Series B$999.8K
  • Dec 2018Series B$15M
  • Oct 2017Series A$12M
  • Oct 2017Series A$1.7M
Investors
Deerfield, Wisconsin Investment Partners, DOE, Venture Management, NEW Capital Fund, BrightStar Wisconsin Foundation
#8
Public · Manitowoc, Wisconsin · founded 1996 · 231 employees
$10.5Mraised
▾

Provider of energy-efficient LED lighting solutions and EV charging services. This company designs, manufactures, and installs LED lighting systems for commercial and industrial spaces, offering retrofits, high bay and low bay lighting, and outdoor solutions. They also provide comprehensive maintenance and project management services. In addition, they offer design and installation services for commercial-grade EV charging stations, collaborating with clients to meet specific project needs. The company's focus is on reducing energy consumption and promoting sustainability for its clients.

Fliar Intelligence Index™ 57how this company ranks against its industry peers
Partners
top 15%
Market
top 33%
News
top 36%
Funding
top 40%
Fin. health
top 40%
Tech
top 49%
Partners: 6 contract events in 12 mo · Named contractor/client in 6 deals
Market: 231 employees (top 9% of Energy Efficiency) · Revenue ~$79.7M · Top-5,000,000 web property
News: 17 BI events in 12 mo (of 105 tracked, 8 types) · +6% YoY · 8 high-value events (IPO/M&A/funding/contracts) in 12 mo
Audience (LinkedIn): 7k LinkedIn followers
Activity (LinkedIn): 4 product launches announced in 12 mo
Investors
Expansion Capital Partners
Tech stack
BrightedgeCdnjsCloudflareCloudflare Bot ManagementCore-JsDocusign
#9
Acquired · Milwaukee, Wisconsin · founded 2010 · 37 employees
$2.5Mraised
▾

Gearbox Express develops down-tower, wind gearbox remanufacturing solutions. The company is a remanufacturer and GBXchange exchange inventory of gearboxes, its ancillary equipment, main shafts, and bearing. They also have a 3.1 MW regenerative test stand for simulating real world situations.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Ge Gearbox Express
Funding rounds
  • Sep 2018Conventional Debt$5M
  • Jul 2016Seed$450K
  • Jul 2013Seed$200K
  • Jun 2011Seed$1.8M
Investors
Stonegate Capital
Tech stack
WordpressMysqlPhpOpensslGravity FormsWp-Pagenavi
#10
Seed · Manitowoc, Wisconsin · founded 2012 · 13 employees
$2.3Mraised
▾

Distributed energy resource company specializing in LED, solar, controls, and IoT. Focused on developing and integrating award-winning, high-performance LED lighting solutions, off-grid solar-powered LED systems, advanced controls, and IoT devices. The mission is LED DONE RIGHT®, driving innovation and shaping the future of the illumination industry with bold designs and proprietary advancements. Continually researching and developing advanced methods for increasing quality illumination while reducing energy input and managing heat output to achieve new standards in component longevity. Designs prioritize the optimization of the light engine as a system that delivers maximum foot-candles without compromising performance or longevity.

Funding rounds
  • Feb 2015Seed$1.1M
  • Nov 2013Seed$600K
Tech stack
WordpressMysqlPhpMaterial Design LiteUltimate Addons For ElementorElementor Header & Footer Builder
#11
Funding Raised · Wauwatosa, Wisconsin · founded 2016 · 8 employees
$898.2Kraised
▾

Manufacturer of batteries

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Funding rounds
  • Sep 2020Grant (prize money)$145.9K
  • Sep 2018Grant (prize money)$752.2K
Investors
America’s Seed Fund, OSTI
#12
Acquired · Scandinavia, Wisconsin · founded 2007 · 149 employees
$200.5Kraised
▾

Rototec provides geoenergy based heating and cooling for large properties. Our concept includes surveying, design, drilling and installation as well as consulting for geoenergy projects. Rototec group operates in Finland, Sweden and Norway.

Funding rounds
  • Jan 2023Grant (prize money)$200.5K
Founders & team
Alexej BaghCEO
Investors
Europa

Funding & investor landscape

$666.7Mtotal disclosed funding
18companies funded
59disclosed rounds
0rounds last 90 days
Most active investors
OSTI7 rounds
DOE5 rounds
United States Department of Agriculture5 rounds
America’s Seed Fund2 rounds
BrightStar Wisconsin Foundation2 rounds
Deerfield2 rounds
National Science Foundation2 rounds
SVB2 rounds
Venture Management2 rounds
WARF2 rounds

Notable founders

Greg Piefer
Founder & CEO · SHINE Technologies
Christofer Mowry
CEO · Type One Energy Group
Oliver Schmitz
Co-Founder · Realta Fusion
Kieran Furlong
Co-Founder & CEO · Realta Fusion
Matt Neumann
Founder · SunVest Solar
Bram Walters
CEO · SunVest Solar
Randal Mueller
Co-Founder · Cadens
Dan Gieschen
Co-Founder · Cadens
Alexej Bagh
CEO · Rototec Group
Rajai Atalla
Founder & CEO · Cellulose Sciences International
Kevin Malchine
Co-Founder & Director · Badger State Ethanol
Gary Kramer
Co-Founder & President · Badger State Ethanol
Prism market signals · United States · country-scoped Prism corpus, 1,994,997 docs

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

RESEARCH IN WISCONSIN · Energy

How research on Energy Storage in Wisconsin is moving

A read on the academic research around Energy Storage in Wisconsin — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 60 papers.

UW–Madison and UW–Milwaukee lead Wisconsin's optimistic energy-storage research, focusing predominantly on advanced battery technologies and microgrid optimization, with breakthroughs and advancements vastly outweighing concerns.

60 papers · stance +0.59 · 38% breakthrough · 9% concern
breakthrough · advancement · concern
top institutions
  • University of Wisconsin–Madison37
  • University of Wisconsin–Milwaukee12
  • University of Wisconsin–Green Bay7
  • University of Wisconsin–Superior1
  • University of Wisconsin System1
leading researchers
Jian Zhang · Song Jin · Heejin Cho · Krisha Maharjan · Fang Liu · Ví­ctor M. Zavala
prism intelligence · tone & topics
100% positive · 0% critical tone
BusinessEnvironmentMaterials ScienceSustainabilityElectronicsManufacturing
▲ Breakthroughs21 · 35%
▲ 27%→33% share
▲1.2× share momentum1 median citations71% since 2021mostly methods-led
Redox and flow battery research newly emerged with 14 combined papers, while Electrochemistry topics surged from 1 to 6.
rising sub-themes (early→recent)
  • Electrochemistry1→6
  • Battery (electricity)2→5
Newly emergingRedox 0→6 · Electrolyte 0→4 · Flow battery 0→4
Landmark Green preparation of reduced graphene oxide for sensing and energy storage applications · 546 cites
◆ Advancements30 · 50%
▲ 45%→56% share
▲1.2× share momentum1 median citations83% since 2021mostly methods-led
Advancements field-share rose 45%→56%; Photovoltaic system, Automotive, and Process engineering all newly emerged with 4 papers each.
rising sub-themes (early→recent)
  • Renewable energy2→5
  • Distributed generation1→3
Newly emergingPhotovoltaic system 0→4 · Automotive engineering 0→4 · Process engineering 0→4
Landmark Bismuth as a New Chloride-Storage Electrode Enabling the Construction of a Practical High Capacity Desalination Battery · 295 cites
▼ Concerns5 · 8%
9%→9% share
▲1.0× share momentum8 median citations80% since 2021mostly reviews
Concerns field-share held flat at 9%; Battery and Renewable energy risks persist as storage deployment intensifies.
rising sub-themes (early→recent)
  • Battery (electricity)3
  • Renewable energy2
  • Benchmarking1
  • Robot1
  • Strengths and weaknesses1
Landmark Materials and Systems for Organic Redox Flow Batteries: Status and Challenges · 458 cites

Common questions

How many Energy companies are there in Wisconsin, United States?
Radar tracks 133 indexable Energy companies headquartered in Wisconsin, United States that meet our profile-completeness bar.
What is the total funding raised by Energy companies in Wisconsin, United States?
The Energy companies in Wisconsin, United States on this list have raised a combined $666.7M in disclosed equity funding across 18 funded companies.
Which is the highest-funded Energy company in Wisconsin, United States?
SHINE Technologies is the highest-funded Energy company in Wisconsin, United States, with $413.6M in disclosed equity funding.
How many Energy companies in Wisconsin, United States are funded?
18 of the 133 Energy companies in Wisconsin, United States on this list have disclosed at least one equity funding round.
How many Energy unicorns are there in Wisconsin, United States?
None of the Energy companies in Wisconsin, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Wisconsin, United States Energy companies?
The most active investors in Wisconsin, United States Energy companies on this list include OSTI, DOE, United States Department of Agriculture, America’s Seed Fund, BrightStar Wisconsin Foundation.
Riya SenguptaFinancials

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.

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