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Radar · Energy Tech in Maryland

Best Energy Tech Companies in Maryland, United States

The 75 best Energy Tech companies in Maryland, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Bioenergy DevCo.

75companies tracked
$851.3Mdisclosed funding
0unicorns
26have raised
FLIAR INTELLIGENCE · ENERGY TECH × MARYLAND

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

Ranked: Best Energy Tech companies in Maryland

#CompanyDisclosed fundingLast roundStageEmployeesFounderTech stackPatents & IP focusRecent signals
1Bioenergy DevCo
Provider of anaerobic digestion technology for organic waste and energy solutions
$236M39 mo agoSeries D3Shawn Kreloff
Founder & Board Member
WordPressMySQLMariaDB+26——
2Verdant Microgrid
Operator of microgrids to provide electricity to off-grid areas
$150M59 mo agoSeries D—Sam Houston
Co-Founder
———
3Current Group
Complete solution for smart grid
$113M177 mo agoAcqui-Hired21—WordPressMySQLPHP+226 patents
Power transformer efficiency monitoring and aquatic flow‑inducing fish guidance technologies
—
4current communications group
Current Communications provides a smart grid solution that increases the efficiency of electric grids with a…
$113M177 mo agoAcqui-Hired167————
5Prudent Energy
Provider of solutions for energy storage using flow batteries
$62M176 mo agoDeadpooled1————
6Infinite Biomedical
Innovative upper limb myoelectric solutions improving lives through advanced technology
48Growth top 35%Funding top 38%Innovation top 39%AI top 45%
All 8 signals ▾
Growthtop 35%
Fundingtop 38%
Innovationtop 39%
AItop 45%
Techtop 46%
Producttop 46%
Globalbottom 32%
Marketbottom 21%
Growth: Fresh capital in last 24 mo
Funding: Raised $42.3M across 18 rounds · 18 rounds over 28 yrs (0.6/yr)
rank vs industry peers · Fliar Intelligence Index 48/100
$42M12 mo agoFunding Raised11—Cart FunctionalityWix eCommerceWix+18—1 job opening · 1 launch
7Blue Pillar
Industrial IoT connectivity platform for managing, monitoring, and controlling distributed equipment
$42M86 mo agoAcquired42——17 patents
Monitoring, testing, and predictive analytics for emergency power supplies and industrial automation security.
—
8Ion Storage Systems
Manufacturer of solid-state battery technology for consumer electronics and electric vehicles
$38M17 mo agoSeries A50
50 → 51 (+2%)
Venkataranam Thangadurai
Co-Founder
WordPressApple iCloud MailMySQL+17—3 job openings
9SemaConnect
Provider of EV charging solutions
$27M68 mo agoAcquired109—Apple iCloud MailMicrosoft 365Ubuntu+914 patents
Patents concentrated in transport & manufacturing processes
—
10Dwellwell
AI & IoT-driven property maintenance management solutions
$12M28 mo agoSeed18Dan Simpkins
Founder and CEO
——1 award
11Sparks Dynamics
Online casino offering slots, live tables, sports betting, and tournaments
$3M101 mo agoSeries A5George Privalov
Co-Founder & CTO
———
12Stone Ridge Technology
Provider of solutions for reservoir simulation
$2M124 mo agoFunding Raised18—Craft CMSPHPYii+9—2 job openings
13JumpLights
Provider of LED lighting system for horticulture farming
$2M13 mo agoSeed4John Peeler
CEO
WordPressMySQLPHP+313 patents
Patents concentrated in mechanical & energy engineering
1 partnership
14HopFlyt
Manufacturer of electric vertical takeoff & landing aircraft
$2M14 mo agoSeed6Rory Feely
Co-Founder & CFO
WordPressMySQLPHP+17——
15DDMotion
Developer of river turbine power generation technology
$2M125 mo agoSeed—Kyung Han
Founder & CEO
———
16MF Fire
Manufacturer of wood stoves for room heating purposes
$1M15 mo agoSeed5Paul Laporte
CEO
Cart FunctionalityWooCommerceWordPress+3324 patents
Eco‑friendly wildfire suppression via GPS‑tracked spray systems and chemical firebreaks
—
17AmpX Tech
Provider of solutions for electrically integrated onboard charger
$1M23 mo agoFunding Raised2Alireza Khaligh
Founder and President
———
18Datakwip
AI and SaaS driven facility analytics solutions
$1M55 mo agoSeed10——11 patents
Facility analytics for building management and operational optimization
—
19ThermoChem Recovery International
Technology developer for bioenergy projects
$597K13 mo agoFunding Raised14Dan Burciaga
President & CEO
—223 patents
Carbon feedstock gasification and syngas conditioning for liquid fuel synthesis
—
20ACTIVEcharge
Blade monitoring solutions
$256K44 mo agoFunding Raised3Pranay Kohli
CEO
———
21Whisker Labs
Provider of sensor hardware and software infrastructure
55Customers top 18%Growth top 26%Patents top 37%Moat top 38%
All 10 signals ▾
Customerstop 18%
Growthtop 26%
Patentstop 37%
Moattop 38%
Producttop 42%
Innovationtop 43%
Fundingtop 46%
Techtop 50%
Globalbottom 40%
Marketbottom 37%
Customers: Play-Store rating 4.74★ across 7,082 ratings (1 apps) · Review volume +37% in 6 mo
Growth: Headcount 26 → 43 (+65%) across vintages · Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 55/100
$250K1 mo agoAcquired43—WordPressApple iCloud MailMicrosoft 365+2737 patents
Early detection of electrical faults and power quality anomalies in wiring systems.
—
22Solar Grid Storage
Developer and provider of solar energy storage systems
$250K140 mo agoAcqui-Hired11Dan Dobbs
Co-Founder & ex-CFO
———
23Optimized Thermal Systems
Thermal system design and simulation software for HVAC and refrigeration
$186K83 mo agoFunding Raised15—WordPressPleskMySQL+18—1 launch
24Manta Biofuel
Manufactures biofuels from algal biomass
$150K114 mo agoDeadpooled10——4 patents
Algae cultivation and harvesting systems for biofuel production
—
25Genovation Cars
Electric supercar innovator, breaking speed records with sustainable EV technology
$135K178 mo agoFunding Raised4————

Top 12 Energy Tech companies in Maryland

#1
Funding Raised · Baltimore, Maryland · founded 1997 · 11 employees
$42.3Mraised
▾

Innovative upper limb myoelectric solutions improving lives through advanced technology. They build streamlined solutions for individuals with upper limb loss and difference, transforming laboratory research into real-world medical solutions. They focus on developing meaningful devices, offering reliable and comfortable prosthetic solutions. Their expertise lies in flexible electronics, hardware, advanced machine learning algorithm design, and app-based clinician and patient user interfaces. They are committed to innovation in upper limb prosthetics, leveraging leadership and technical expertise to make a meaningful impact. They develop and manufacture FDA Class 1 and Class 2, CE marked devices. They are rooted in research and development, creating innovative solutions for a niche market.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Growth
top 35%
Funding
top 38%
Innovation
top 39%
AI
top 45%
Tech
top 46%
Product
top 46%
Growth: Fresh capital in last 24 mo
Funding: Raised $42.3M across 18 rounds · 18 rounds over 28 yrs (0.6/yr) · Last round Grant (prize money) (May 2025)
Innovation: 10 product lines
Audience (LinkedIn): 4k LinkedIn followers — 10.2% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Product Development Engineer
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • May 2025Grant (prize money)$4.3M
  • May 2025Grant (prize money)$5.4M
  • Apr 2025Grant (prize money)$2.4M
  • May 2023Grant (prize money)$3.4M
Investors
HHS, Military Health
Tech stack
Apache Http ServerApple Icloud MailBootstrapCart FunctionalityGoogle AnalyticsGoogle Analytics Enhanced Ecommerce
#2
Series A · College Park, Maryland · founded 2015 · 50 employees
$38Mraised
▾

Manufacturer of solid-state battery technology for consumer electronics and electric vehicles. The company's platform delivers safety, performance, and reliability for next-generation technologies. Their architecture is inherently safe, durable, and engineered for real-world deployment. The company's battery architecture eliminates the flammable liquid electrolyte and avoids thermal runaway. The platform is safe, energy-dense, and versatile enough to meet demands.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers — 27.9% of this cohort's audience
Hiring: 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Engineering Technician, Data Platform Engineer
Funding rounds
  • Jan 2025Grant (prize money)$20M
  • Nov 2024Conventional Debt$10M
  • Dec 2023Series A—
  • Jul 2023Grant (prize money)$1.4M
Founders & team
Venkataranam ThangaduraiCo-FounderGreg HitzCo-Founder & CTOEric WachmanCo-Founder & CEO
Investors
Alsop Louie Partners, Toyota Ventures, Tenaska, Bangchak, GAINTECH, Alumni Ventures
Tech stack
Apple Icloud MailCdnjsCloudflareCloudflare Browser InsightsDiviGoogle Font Api
#3
Acquired · Germantown, Maryland · founded 2014 · 43 employees
$250Kraised
▾

Provider of sensor hardware and software infrastructure. The platform enables energy data to be collected and consumed through its solutions. The solutions are provided for homeowners. It provides home intelligence technologies that detect and alert homeowners to electrical fire hazards across the home.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Customers
top 18%
Growth
top 26%
Patents
top 37%
Moat
top 38%
Product
top 42%
Innovation
top 43%
Customers: Play-Store rating 4.74★ across 7,082 ratings (1 apps) · Review volume +37% in 6 mo
Growth: Headcount 26 → 43 (+65%) across vintages · Fresh capital in last 24 mo
Patents: 37 patents matched (strict assignee match) · 15 filings since 2022 vs 22 in 2017-21 · Latest publication 2026
Funding rounds
  • Apr 2026Series C$6.6M
  • Nov 2021Series C—
  • Dec 2020Conventional Debt$4.7M
  • Nov 2019Series B—
Investors
State Farm, Ferguson Ventures, Innovation Incubator, Elemental, Polaris Partners, Co=Creation=Capital
Tech stack
Amazon Web ServicesApple Icloud MailBeaver BuilderCloudflareCloudflare Bot ManagementFont Awesome
#4
Series D · Columbia, Maryland · founded 2019 · 3 employees
$236Mraised
▾

Provider of anaerobic digestion technology for organic waste and energy solutions. It offers solutions for managing organic waste and creating renewable energy. The technology supports waste management challenges and helps meet sustainability goals. It serves the food industry, municipalities, utilities, and waste haulers. The company’s system is designed for maximum efficiency and optimized traffic flow.

Funding rounds
  • Mar 2023Series D$30M
  • Nov 2021Series D$100M
  • Aug 2019PE$106M
Founders & team
Shawn KreloffFounder & Board Member
Investors
Irradiant, HASI, Newlight Partners, Sagewind Capital
#5
Seed · Gaithersburg, Maryland · founded 2018 · 4 employees
$1.9Mraised
▾

Provider of LED lighting system for horticulture farming. It offers greenhouse and Indoor cultivation lighting. It also provides grow lights for cannabis farming.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 3.4% of this cohort's audience
Activity: 1 partnerships (incl. Lights, Inc) announced in 12 mo
Funding rounds
  • May 2025Seed$1.3M
  • Jun 2023Conventional Debt$600K
Founders & team
John PeelerCEO
Tech stack
BootstrapCloudflareCloudflare Bot ManagementContact Form 7Core-JsFacebook Pixel
#6
Seed · Lusby, Maryland · founded 2016 · 6 employees
$1.8Mraised
▾

HopFlyt Venturi is a Manufacturer of electric vertical takeoff & landing aircraft. Claims to use patent-pending designs that combine variable incidence wings & canards with channels, distributed electrical propulsion (DEP), and contra-rotating propellers in an eVTOL design. Also claims that its aircraft can travel at speeds up to 200 mph.

Funding rounds
  • Apr 2025Seed$497.3K
  • Nov 2022Seed$1.5M
  • Oct 2020Seed$292.7K
  • Jun 2020Seed—
Founders & team
Rory FeelyCo-Founder & CFORob WinstonCEO & President
Investors
TEDCO, Albers Aerospace, Keyhorse Capital
Tech stack
CloudflareCloudflare Bot ManagementDiviFlickityGoogle AnalyticsGoogle Font Api
#7
Seed · College Park, Maryland · founded 2014 · 5 employees
$1.5Mraised
▾

MF Fire is a manufacturer of wood stoves for room heating purposes. It offers wood-burning stoves called Catalyst, Delta, Nova, and Nova Tower. Also, offers a smartphone app called Catalyst Smart app to remotely control the stove.

Funding rounds
  • Mar 2025Grant (prize money)$989.6K
  • Nov 2017Seed$1.2M
  • Dec 2016Seed$285K
  • Jul 2015Grant (prize money)—
Founders & team
Paul LaporteCEO
Investors
Maryland Momentum Fund, ClimateTech & Energy Prize, TEDCO, OSTI
Tech stack
Apache Http ServerBootstrapCart FunctionalityCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#8
Funding Raised · Baltimore, Maryland · founded 1996 · 14 employees
$597.3Kraised
▾

ThermoChem Recovery International(TRI) develops technologies in the thermochemical conversion of a wide range of biomass and waste feedstocks. Their projects include MSW-to-jet and diesel fuels, woody biomass to drop-in fuels, lignite coal-to-diesel, MSW-to-combined cycle power generation etc.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 506 LinkedIn followers
Funding rounds
  • Apr 2025Grant (prize money)$543.3K
  • Apr 2025Grant (prize money)$53.9K
Founders & team
Dan BurciagaPresident & CEO
Investors
OSTI
#9
Series D · Bethesda, Maryland · founded 2019
$150Mraised
▾

Operator of microgrids to provide electricity to off-grid areas. The company offers turnkey solutions for high-energy use industries. Additionally, it provides onsite energy production solutions, energy accessibility, infrastructure security solutions, project execution & management solutions.

Funding rounds
  • Jun 2021Series D$150M
Founders & team
Sam HoustonCo-FounderRobert BabcockCo-Founder
Investors
ClearGen
#10
Seed · Bethesda, Maryland · founded 2018 · 18 employees
$12Mraised
▾

AI & IoT-driven property maintenance management solutions. Their solutions monitor & report on the residential systems (including HVAC, electrical, plumbing & environmental concerns). It provides a sensor to view the operation & performance of a portfolio of single-family homes or multi-family buildings. Features include property reports, alerts, data-driven maintenance decisions, operations optimization & more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 950 LinkedIn followers — 2.2% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Software Engineer
Activity: 1 awards announced in 12 mo
Funding rounds
  • Feb 2024Seed—
  • Apr 2022Seed$12M
Founders & team
Dan SimpkinsFounder and CEO
Investors
Resideo
#11
Funding Raised · College Park, Maryland · founded 2018 · 2 employees
$1.4Mraised
▾

Provider of solutions for the electrically integrated onboard charger. The company has developed an IP portfolio covering innovative circuit topologies, control schemes, and magnetic components, compatible with automated design for manufacturing.

Funding rounds
  • Jul 2024Grant (prize money)$199.5K
  • Sep 2020Grant (prize money)$980.1K
  • Feb 2019Grant (prize money)$225K
Founders & team
Alireza KhalighFounder and President
Investors
America’s Seed Fund, National Science Foundation, Berkeley SkyDeck
#12
Acqui-Hired · Germantown, Maryland · founded 2000 · 21 employees
$113Mraised
▾

CURRENT Group manufactures smart grid infrastructure hardware and software solutions. It offers analytics platform for advanced metering infrastructure deployment; a meter module software that simplifies the development cycles for meter partners. it also offers communications solutions comprising a communication and connectivity engine with modular WAN and LAN card modules to support inter and intra-substation communications, a broadband over powerline utility gateway and OpenGrid Networking, a back office software application that interfaces with routing solutions.

Funding rounds
  • Sep 2011Series D$13M
  • Jul 2005Series D$100M
Founders & team
Javier OrmazabalPresident & CEOJorge Gonzalez SomavillaManaging Director
Investors
Google, Hearst, Goldman Sachs, EnerTech Capital, Armilar Venture Partners, Business Media China
Tech stack
Animate.CssApache Http ServerCdnjsClipboard.JsCloudflareComplianz

Funding & investor landscape

$851.3Mtotal disclosed funding
26companies funded
87disclosed rounds
1rounds last 90 days
Most active investors
OSTI6 rounds
TEDCO6 rounds
National Science Foundation3 rounds
Bessemer Venture Partners2 rounds
DOE2 rounds
Elemental2 rounds
EnerTech Capital2 rounds
Maryland Momentum Fund2 rounds
Albers Aerospace1 rounds
Allos Ventures1 rounds

Notable founders

Venkataranam Thangadurai
Co-Founder · Ion Storage Systems
Greg Hitz
Co-Founder & CTO · Ion Storage Systems
Shawn Kreloff
Founder & Board Member · Bioenergy DevCo
John Peeler
CEO · JumpLights
Rory Feely
Co-Founder & CFO · HopFlyt
Rob Winston
CEO & President · HopFlyt
Paul Laporte
CEO · MF Fire
Dan Burciaga
President & CEO · ThermoChem Recovery International
Sam Houston
Co-Founder · Verdant Microgrid
Robert Babcock
Co-Founder · Verdant Microgrid
Dan Simpkins
Founder and CEO · Dwellwell
Alireza Khaligh
Founder and President · AmpX Tech
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 MARYLAND · Energy

How research on Energy Storage in Maryland is moving

A read on the academic research around Energy Storage in Maryland — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 71 papers.

71 papers · stance +0.45 · 30% breakthrough · 22% concern
breakthrough · advancement · concern
top institutions
  • University of Maryland, College Park61
  • University of Maryland, Baltimore County6
  • University of Maryland, Baltimore4
  • University of Maryland Extension1
leading researchers
Chunsheng Wang · Alireza Khaligh · Chaoji Chen · Kun Fu · Liangbing Hu · Ömer Özgür Çapraz
prism intelligence · tone & topics
93% positive · 4% critical tone
BusinessMaterials ScienceTransportationAutomotiveElectronicsEnvironment
▲ Breakthroughs21 · 30%
▼ 29%→28% share
▲1.0× share momentum152 median citations52% since 2021mostly methods-led
Breakthroughs are cooling (29%→28% of field), led by Electrolyte.
rising sub-themes (early→recent)
  • Electrolyte2→5
  • Cathode1→3
  • Battery (electricity)2→3
Landmark Graphene Oxide‐Based Electrode Inks for 3D‐Printed Lithium‐Ion Batteries · 737 cites
◆ Advancements33 · 46%
▼ 57%→48% share
▼0.8× share momentum6 median citations58% since 2021mostly methods-led
Advancements are cooling (57%→48% of field), led by Battery (electricity).
rising sub-themes (early→recent)
  • Battery (electricity)3→6
  • Electrolyte2→3
  • Electrochemistry2→3
Newly emergingRenewable energy 0→4 · Energy (signal processing) 0→4 · Electricity 0→3
Landmark Protected Lithium‐Metal Anodes in Batteries: From Liquid to Solid · 747 cites
▼ Concerns15 · 21%
▲ 7%→25% share
▲3.6× share momentum0 median citations80% since 2021mostly reviews
Concerns are rising (7%→25% of field), led by Battery (electricity).
rising sub-themes (early→recent)
  • Battery (electricity)8
  • Electrolyte5
  • Cathode4
  • Nanotechnology3
  • Anode3
Newly emergingBattery (electricity) 0→8 · Cathode 0→4 · Electrolyte 0→4
Landmark Critical Review on Low‐Temperature Li‐Ion/Metal Batteries · 559 cites

Common questions

How many Energy Tech companies are there in Maryland, United States?
Radar tracks 75 indexable Energy Tech companies headquartered in Maryland, United States that meet our profile-completeness bar.
What is the total funding raised by Energy Tech companies in Maryland, United States?
The Energy Tech companies in Maryland, United States on this list have raised a combined $851.3M in disclosed equity funding across 26 funded companies.
Which is the highest-funded Energy Tech company in Maryland, United States?
Bioenergy DevCo is the highest-funded Energy Tech company in Maryland, United States, with $236M in disclosed equity funding.
How many Energy Tech companies in Maryland, United States are funded?
26 of the 75 Energy Tech companies in Maryland, United States on this list have disclosed at least one equity funding round.
How many Energy Tech unicorns are there in Maryland, United States?
None of the Energy Tech companies in Maryland, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Maryland, United States Energy Tech companies?
The most active investors in Maryland, United States Energy Tech companies on this list include OSTI, TEDCO, National Science Foundation, Bessemer Venture Partners, DOE.
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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