Radar Companies Energy Tech · Chicago
Radar · Energy Tech in Chicago

Best Energy Tech Companies in Chicago, United States

The 84 best Energy Tech companies in Chicago, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: SMS Assist.

84companies tracked
$642.4Mdisclosed funding
1unicorns
31have raised
FLIAR INTELLIGENCE · ENERGY TECH × CHICAGO

Our analysis of 79 Energy Tech companies

$38.9b in tracked funding; 92% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

79companies analysed
92%cloud-native stacks
2025funding peak (by rounds)
12unicorns
2015median founding year
78kcombined LinkedIn audience
51%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best Energy Tech companies in Chicago

#CompanyDisclosed fundingLast roundStageEmployeesFounderTech stackPatents & IP focusRecent signals
1SMS Assist 🦄
Provider of SaaS-driven maintenance management solutions for commercial spaces
$255M120 mo agoAcquired782Jay McKee
CEO
Apple iCloud MailEnvoyBootstrap+84 patents
Software algorithms for defining and managing geographic service area boundaries
2Anovion
Provider of synthetic graphite anode material
$117M35 mo agoFunding RaisedClay Kiefaber
CEO
3NanoGraf
Developer of silicon-based anode materials for lithium-ion battery performance enhancement
$70M21 mo agoAcquired40Samir Mayekar
Co-Founder & CEO
Cart FunctionalitySquarespace CommerceSquarespace+1965 patents
Silicon‑oxide anodes with metal‑oxide coatings and carbon nanomaterial composites for Li‑ion batteries
4Azumo
Manufacturer of front-lit liquid crystal technology for displays
$56M49 mo agoSeries B41WordPressMySQLPHP+2443 patents
Film-based lightguide backlighting and edge‑light management for displays and privacy modes
5Cohesion
Provider of a platform for smart building management and operations
48Growth top 20%Funding top 35%Tech top 37%Talent top 38%
All 12 signals ▾
Growthtop 20%
Fundingtop 35%
Techtop 37%
Talenttop 38%
Moattop 41%
Producttop 47%
Globalbottom 40%
Innovationbottom 36%
Marketbottom 35%
Patentsbottom 34%
Newsbottom 21%
Customersbottom 9%
Growth: Headcount 21 → 44 (+110%) across vintages · 1 acquisition/expansion move in 24 mo
Funding: Raised $30.2M across 4 rounds · 4 rounds over 6 yrs (0.7/yr)
rank vs industry peers · Fliar Intelligence Index 48/100
$30M6 mo agoSeries A44Nick Lawrence
Co-Founder
WebflowZohoZepto+253 patents
Patents concentrated in computing, sensing & instrumentation
6NuCurrent
Developer of chip modules for wireless charging
69Innovation top 10%Patents top 13%Funding top 17%Moat top 21%
All 10 signals ▾
Innovationtop 10%
Patentstop 13%
Fundingtop 17%
Moattop 21%
Techtop 39%
Growthtop 43%
Talentbottom 49%
Marketbottom 41%
Globalbottom 40%
Newsbottom 22%
Innovation: 728 patents (top 3% of patent-holders) · 541 filings since 2022 vs 133 in 2017-21
Patents: 728 patents matched (strict assignee match) · 541 filings since 2022 vs 133 in 2017-21
rank vs industry peers · Fliar Intelligence Index 69/100
$22M9 mo agoSeries C37
37 → 45 (+22%)
Jacob Babcock
CEO and Founder
WordPressMySQLPHP+33728 patents
Wireless power transfer integrated with data communication for industrial IoT sensors
1 launch
7TruMarx
Cloud based online transaction platform for energy products
$16M91 mo agoSeries B12Jon Olson
Co-Founder and Chief Executive Officer
8ElectronX
Provider of grid management solution
$15M7 mo agoSeries AEvan Caron
Co-Founder
SanityApple iCloud MailGoogle Workspace+191 launch · 1 expansion
9Bedrock
Developer of materials for sodium-ion batteries
$9M25 mo agoSeedRafael Vila
Co-Founder
9 patents
Integrated standby fuel storage systems combined with data analytics and security solutions
10Grid Status
Cloud based dashboard creation software for energy industry
$8M22 mo agoSeries AConnor Waldoch
Co-Founder
GhostNode.jsVarnish+142 launchs
11Buildings As Batteries
Developer of thermal energy storage system for commercial building applications
$8M95 mo agoSeries AGregor Henze
Co-Founder
12Goby
SaaS-driven platform offering energy management solutions
$7M64 mo agoAcquired332 patents
Modular hygienic inductive charging stands for handheld electronic devices
13Mezo
Provider of AI-powered property maintenance software
$6M42 mo agoAcquired29Mike Travalini
Co-Founder & CEO
SentryFirebasestyled-components+154 patents
AI-powered chatbot platforms for automated maintenance diagnostics and repair troubleshooting
14Celadyne
Manufacturer of nano based fuel cells
$5M28 mo agoSeed8Gary Ong
Founder & CEO
3 patents
Advanced ion‑exchange polymer‑ceramic membranes for electrochemical separation and energy devices
15Intelligent Generation
Virtual power plant networked software platform
$4M49 mo agoSeed9Paul Gazzolo
Co-founder and Board Member
1 job opening · 1 partnership
16Volexion
Developer of graphene encapsulation technology for lithium-ion cathode active materials
$3M12 mo agoSeed5
17Sigora International
Provider of smart micro grid platform and smart meters
$3M102 mo agoSeed36Andy Bogdan Bindea
Founder & CEO
18Eta Vision
Offers data center energy management solutions
$2M95 mo agoSeed8Michael Lingle
CEO & Cofounder
19Digital H2O
Online oilfield water management and marketplace platform.
$1M146 mo agoAcquired11
20AllCell Technologies
Lithium-ion battery packs and thermal management solutions
$1M79 mo agoAcquired30
21PVPower
An online marketplace for solar PV equipment
$1M174 mo agoAcqui-Hired14Dan Kuthy
Co-Founder
22Everpurse
Wire-free charging purses blending fashion and technology for the modern woman
$1M145 mo agoSeed46 patents
Wireless power transfer mats for personal electronic device charging
23Celadyne
Developer of advanced hydrogen membrane technology for fuel cells and electrolyzers
$450K1 mo agoSeedGary Ong
Founder & CEO
Webflow EcommerceWebflowPlausible+123 patents
Advanced ion‑exchange and protective polymer‑ceramic membranes for electrochemical separations
24Influit Energy
Nanoelectrofuel technology for liquid fuel
$225K114 mo agoFunding RaisedCarlo Segre
Co-Founder & Chief Technology Officer
25Syndem
Democratizing smart grids with synchronized inverters for stable, reliable power systems
$206K71 mo agoFunding RaisedQing-Chang Zhong
Founder & CEO
26SmarterShade
Developer of user-controlled, powerless, affordable smart glass for privacy and energy
$200K157 mo agoSeed2Will McLeod
Founder
14 patents
Smart adaptive windows using mechanically actuated variable light transmission technology
27Route
SaaS-driven business management platform for the building services industry
$100K47 mo agoFunding Raised11Ricardo Regalado
Founder & CEO
WordPress Site EditorElementorWordPress+325 patents
Remote desktop access solutions and email message rerouting technologies
28NETEnergy
Provider of thermal energy storage solutions
$100K134 mo agoFunding Raised6Said Al-Hallaj
CEO

Top 12 Energy Tech companies in Chicago

#1
Series A · Chicago, Illinois · founded 2018 · 44 employees
$30.2Mraised

Provider of a platform for smart building management and operations. The platform offers solutions for access control, experience enhancement, and maintenance. It consolidates data from building systems, software, and sensors into a unified platform. The platform also provides advisory services for planning, solution design, and system integrations.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Growth
top 20%
Funding
top 35%
Tech
top 37%
Talent
top 38%
Moat
top 41%
Product
top 47%
Growth: Headcount 21 → 44 (+110%) across vintages · 1 acquisition/expansion move in 24 mo · Fresh capital in last 24 mo
Funding: Raised $30.2M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) · Last round Series A (Nov 2025)
Tech: 43 technologies across 5/8 capability areas · Cloud: Cloudflare · Observability: Microsoft Clarity
Audience (LinkedIn): 5k LinkedIn followers — 7.0% of this cohort's audience
Funding rounds
  • Nov 2025Series A$250K
  • Nov 2021Series A$15M
  • Jul 2021Seed$7M
  • Jul 2020Seed$8.2M
Founders & team
Nick LawrenceCo-FounderThru ShivakumarChief Executive Officer + Co-Founder
Investors
Morgan Stanley Next Level Fund, Wintrust, Three Bridges Private Capital, Frasers Property, HPA, CMT Digital
Tech stack
ActivecampaignCloudflareCloudflare Bot ManagementCloudflare TurnstileConstant ContactCore-Js
#2
Series C · Chicago, Illinois · founded 2009 · 37 employees
$22.1Mraised

NuCurrent is a fabless semiconductor company which develops high-efficiency antennas for wireless charging applications. It sells both pre-designed / customized antenna modules to OEMs to be integrated into their devices. Their product range also covers surface-mount inductors or induction heating coils.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Innovation
top 10%
Patents
top 13%
Funding
top 17%
Moat
top 21%
Tech
top 39%
Growth
top 43%
Innovation: 728 patents (top 3% of patent-holders) · 541 filings since 2022 vs 133 in 2017-21 · Deep-tech classification: Tech Hardware
Patents: 728 patents matched (strict assignee match) · 541 filings since 2022 vs 133 in 2017-21 · Latest publication 2026
Funding: Raised $22.1M across 10 rounds · 10 rounds over 10 yrs (1.0/yr) · Last round Series C (Sep 2025)
Audience (LinkedIn): 8k LinkedIn followers — 9.7% of this cohort's audience
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Sep 2025Series C$982.4K
  • May 2024Series C$100K
  • Sep 2023Series C$1.1M
  • Nov 2022Series C$3.5M
Founders & team
Jacob BabcockCEO and Founder
Investors
IU Ventures, Independence Equity, HBS Alumni Angels Chicago, HPA, Dipalo Ventures, Standing Oak Venture Partners
Tech stack
Amazon S3Amazon Web ServicesCloudflareCloudflare Bot ManagementCore-JsEmbedplus
#3
Series A · Chicago, Illinois · founded 2022
$15Mraised

Provider of grid management solution. It offers solutions to enable precision risk management, volatility hedging opportunities, and the monetization of power assets. It offers derivative products that capture the intraday price fluctuations of the changing electrical grid helping to smooth the financial path of clean energy adoption across the nation.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 5.4% of this cohort's audience
Activity: 1 product launches · 1 expansions announced in 12 mo
Funding rounds
  • Nov 2025Series A$36.5M
  • Feb 2025Seed$10M
  • Jun 2024Seed$15M
Founders & team
Evan CaronCo-FounderPhilip KrimCo-Founder & DirectorSam TegelCEO
Investors
Innovation Endeavors, DCVC, Amplo, Lightning Capital, BoxGroup, Systemiq Capital
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementEmotionGoogle AnalyticsGoogle Tag Manager
#4
Acquired · Chicago, Illinois · founded 2012 · 40 employees
$70.5Mraised

Developer of silicon-based anode materials for lithium-ion battery performance enhancement. The company’s technology aims to replace graphite anodes in lithium-ion batteries. This replacement is intended to improve performance for applications ranging from military to consumer uses. The silicon oxide-based anode materials are designed for extended electric vehicle range.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers — 10.8% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Sep 2024Grant (prize money)$60M
  • Jan 2023Series B$65M
  • Jul 2020Grant (prize money)$1.6M
  • Feb 2019Series A$5.5M
Founders & team
Samir MayekarCo-Founder & CEOFrancis WangCEO
Investors
DOE, HPA, JNC, Defense.gov, Volta, CC Industries
Tech stack
AngularCart FunctionalityCloudflareCloudflare Bot ManagementCore-JsGoogle Font Api
#5
Seed · Chicago, Illinois · founded 2013
$449.6Kraised

Developer of advanced hydrogen membrane technology for fuel cells and electrolyzers. This technology improves fuel cell and electrolyzer efficiency and durability, lowering hydrogen production costs and expanding its use in defense, industry, and heavy-duty transport. The company offers membranes designed for both fuel cells and electrolyzers, addressing key challenges in hydrogen production and utilization. It also participates in collaborative initiatives to develop tailored electrolyzer solutions for various sectors.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 2.2% of this cohort's audience
Funding rounds
  • May 2026Seed$250K
  • May 2025Grant (prize money)$199.6K
Founders & team
Gary OngFounder & CEOGary OngFounder and CEO
Investors
OSTI, The University of Texas at Austin
#6
Seed · Chicago, Illinois · founded 2018 · 5 employees
$3.2Mraised

Developer of graphene encapsulation technology for lithium-ion cathode active materials. The company's composite material is commercially manufactured with bio-based capability. It offers cathode active material encapsulation delivering increased cycle life. The materials are drop-in and compatible with current and next-generation lithium-ion manufacturing. Applications include consumer electronics, electric vehicles, and next-generation materials.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 2.6% of this cohort's audience
Funding rounds
  • Jun 2025Seed$1.4M
  • Mar 2025Grant (prize money)$1.5M
  • Apr 2023Seed$961.2K
  • Apr 2021Seed$2.2M
Investors
Energy Foundry, Clean Energy Ventures, National Science Foundation, Clean Energy Venture Group, Cleantech Open, America’s Seed Fund
#7
Funding Raised · Chicago, Illinois · founded 2021
$117Mraised

Provider of synthetic graphite anode material. It employs graphitization technology to produces high crystallinity and low impurities by heating the product at very high temperature.

Funding rounds
  • Jul 2023Grant (prize money)$117M
  • 2021PE
Founders & team
Clay KiefaberCEO
Investors
OSTI, Monomyth Group, PointSquared Ventures
#8
Series A · Chicago, Illinois · founded 2023
$8Mraised

Cloud based dashboard creation software for energy industry. It is a real-time monitoring platform that provides data and insights on the electric grid. It offers a centralized hub for tracking energy supply, demand, and pricing across independent system operators. It allows users to visualize the data using graphs. The platform provides insights that assist teams to make data-driven decisions.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 23k LinkedIn followers — 29.5% of this cohort's audience
Activity: 2 product launches announced in 12 mo
Funding rounds
  • Aug 2024Series A$8M
Founders & team
Connor WaldochCo-FounderMax KanterCo-Founder & CEO
Investors
Energize Capital, Rayburn Electric, Evergreen Climate Innovations
Tech stack
ClerkCloudflareCloudflare Bot ManagementCloudflare Browser InsightsGoogle AnalyticsGoogle Workspace
#9
Seed · Chicago, Illinois · founded 2023
$9Mraised

Developer of materials for sodium-ion batteries. It designs, engineers, and manufactures sodium-ion cathode materials based on earth abundant metals.

Funding rounds
  • May 2024Seed$9M
Founders & team
Rafael VilaCo-FounderSpencer GoreChief Executive Officer
Investors
Trucks Venture Capital, Refactor Capital, Version One Ventures, Hanover Technology Investment Management, Spacecadet, Evergreen Climate Innovations
#10
Acquired · Chicago, Illinois · founded 2003 · 782 employees
$255Mraised

Provider of SaaS-driven maintenance management solutions for commercial spaces. It integrates clients, affiliates, and employees in one online tech-enabled platform. It offers various managed like vendor management, facility management, work order management, call center management, quality assurance, and asset management. It also offers training and education programs to its technicians.

Funding rounds
  • Jun 2016Series D$150M
  • May 2015Series C$45M
  • Oct 2013Series B$45M
  • Jun 2011Series A$15M
Founders & team
Jay McKeeCEO
Investors
Pritzker Group, Insight Partners, Goldman Sachs Investment Partners, Goldman Sachs, Brookside Equity Partners, Kemmons Wilson Companies
Tech stack
AmplitudeApple Icloud MailBootstrapCart FunctionalityDocusignEnvoy
#11
Series B · Chicago, Illinois · founded 2004 · 41 employees
$56.1Mraised

Manufacturer of front-lit liquid crystal technology for displays. It develops front-lit reflective LCDs that consume low power. Its features include a thin display stack, power efficiency, ambient light utilization, colour enhancement, and low-powered light-emitting diodes. It has applications in medical, educational, industrial, wearables, automotive, consumer electronics, and IoT systems.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 3.8% of this cohort's audience
Funding rounds
  • May 2022Series B$30M
  • Dec 2020Series B$9M
  • Nov 2018Series B$9M
  • Aug 2017Series A$3.1M
Investors
Anzu Partners, SABIC, VectoIQ, Dipalo Ventures, Energy Foundry, Fred & Farid Digital Investment Fund
Tech stack
AdrollAdroll Cmp SystemBootstrapCloudflareCloudflare Bot ManagementCore-Js
#12
Seed · Chicago, Illinois · founded 2018 · 8 employees
$4.6Mraised

Developer of nanocomposite membranes designed to be used in high-performance electrolyzes and fuel cells with simple heat and water management. The company's membrane uses various technologies to offer many benefits of a ceramic separator such as lower hydrogen crossover and also works at low humidity and elevated temperature conditions, enabling users to get hydrogen economy for better catalyst durability at a low cost.

Founders & team
Gary OngFounder & CEO
Investors
Dynamo, Maniv Mobility, EPS, Shell, America’s Seed Fund, Sputnik ATX

Funding & investor landscape

$642.4Mtotal disclosed funding
30companies funded
76disclosed rounds
1rounds last 90 days
Most active investors
Evergreen Climate Innovations6 rounds
Energy Foundry5 rounds
OSTI5 rounds
HPA3 rounds
Slojo Investments3 rounds
Alumni Ventures2 rounds
America’s Seed Fund2 rounds
Archon Capital2 rounds
Clean Energy Trust2 rounds
Dipalo Ventures2 rounds

Notable founders

Nick Lawrence
Co-Founder · Cohesion
Thru Shivakumar
Chief Executive Officer + Co-Founder · Cohesion
Jacob Babcock
CEO and Founder · NuCurrent
Evan Caron
Co-Founder · ElectronX
Philip Krim
Co-Founder & Director · ElectronX
Samir Mayekar
Co-Founder & CEO · NanoGraf
Francis Wang
CEO · NanoGraf
Gary Ong
Founder & CEO · Celadyne
Clay Kiefaber
CEO · Anovion
Connor Waldoch
Co-Founder · Grid Status
Max Kanter
Co-Founder & CEO · Grid Status
Rafael Vila
Co-Founder · Bedrock
Prism market signals · United States · country-scoped Prism corpus, 2,119,908 docs

Market landscape — 10 sub-themes by coverage

Share of Energy Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH IN CHICAGO · Energy

How research on Energy Storage in Chicago is moving

A read on the academic research around Energy Storage in Chicago — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 58 papers.

58 papers · stance +0.59 · 39% breakthrough · 12% concern
breakthrough · advancement · concern
top institutions
  • University of Chicago44
  • University of Illinois Chicago18
leading researchers
Ying Shirley Meng · Jin An Sam Oh · Chibueze V. Amanchukwu · Yu‐Ting Chen · Ashley Cronk · Mohammad B. Shadmand
prism intelligence · tone & topics
95% positive · 3% critical tone
BusinessMaterials ScienceEnvironmentArtificial IntelligenceAutomotiveMachine Learning
Breakthroughs22 · 38%
▲ 0%→40% share
0 median citations91% since 2021mostly methods-led
Breakthroughs are rising (0%→40% of field), led by Electrochemistry.
rising sub-themes (early→recent)
  • Electrochemistry1→9
  • Cathode1→3
Newly emergingElectrolyte 0→8 · Battery (electricity) 0→7 · Anode 0→4
Landmark Nanostructured Bilayered Vanadium Oxide Electrodes for Rechargeable Sodium-Ion Batteries · 349 cites
Advancements27 · 47%
▲ 0%→46% share
0 median citations85% since 2021mostly methods-led
Advancements are rising (0%→46% of field), led by Electrolyte.
rising sub-themes (early→recent)
  • Electrolyte13
  • Battery (electricity)12
  • Electrochemistry10
  • Nanotechnology5
  • Anode4
Newly emergingElectrolyte 0→11 · Battery (electricity) 0→10 · Electrochemistry 0→10
Landmark Exploring Anomalous Charge Storage in Anode Materials for Next-Generation Li Rechargeable Batteries · 518 cites
Concerns7 · 12%
▲ 0%→12% share
0 median citations100% since 2021mostly empirical
Concerns are rising (0%→12% of field), led by Cathode.
rising sub-themes (early→recent)
  • Cathode4
  • Electrolyte4
  • Anode4
  • Electrochemistry3
  • Battery (electricity)3
Newly emergingCathode 0→4 · Electrolyte 0→4 · Anode 0→4
Landmark Designing better electrolytes · 634 cites

Common questions

How many Energy Tech companies are there in Chicago, United States?
Radar tracks 84 indexable Energy Tech companies headquartered in Chicago, United States that meet our profile-completeness bar.
What is the total funding raised by Energy Tech companies in Chicago, United States?
The Energy Tech companies in Chicago, United States on this list have raised a combined $642.4M in disclosed equity funding across 30 funded companies.
Which is the highest-funded Energy Tech company in Chicago, United States?
SMS Assist is the highest-funded Energy Tech company in Chicago, United States, with $255M in disclosed equity funding.
How many Energy Tech companies in Chicago, United States are funded?
30 of the 84 Energy Tech companies in Chicago, United States on this list have disclosed at least one equity funding round.
How many Energy Tech unicorns are there in Chicago, United States?
1 Energy Tech company in Chicago, United States on this list is valued at $1B or more.
Who are the top investors in Chicago, United States Energy Tech companies?
The most active investors in Chicago, United States Energy Tech companies on this list include Evergreen Climate Innovations, Energy Foundry, OSTI, HPA, Slojo Investments.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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