Best Energy Tech Companies in Minnesota, United States
The 63 best Energy Tech companies in Minnesota, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Cymbet.
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.
Ranked: Best Energy Tech companies in Minnesota
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Cymbet Provider of solid state energy storage solutions | $152M | 70 mo ago | 8 | Mark Jenson Co-Founder & CTO | — | — | 122 patents Thin‑film solid‑state microbatteries with integrated power‑management and clock ICs | — |
| 2 | Rovop Provider of subsea remotely operated vehicle services | $102M | 38 mo ago | 18 | — | WordPressPleskMySQL+19 | Top 5M | — | — |
| 3 | 75F Provider of IoT-based building energy management systems 53Tech top 26%Funding top 33%Moat top 36%Growth top 40% All 11 signals ▾Techtop 26% Fundingtop 33% Moattop 36% Growthtop 40% Producttop 40% Marketbottom 49% Talentbottom 49% Globalbottom 45% Fin. healthbottom 41% Customersbottom 30% Newsbottom 21% Tech: 40 technologies across 6/8 capability areas · Cloud: Cloudflare, Netlify Funding: Raised $36.3M across 10 rounds · 10 rounds over 12 yrs (0.8/yr) rank vs industry peers · Fliar Intelligence Index 53/100 | $36M | 16 mo ago | 175 | Deepinder Singh Co-Founder & CEO | DatoCMSSentryApple iCloud Mail+23 | Top 10M | — | 1 partnership · 1 expansion |
| 4 | Euclid Power Provider of project management tool for solar energy | $20M | 9 mo ago | — | Jacob Sandry Co-Founder & CEO | — | — | — | — |
| 5 | Raptor Oil Intelligent communications solutions provider, specializing in data and website services | $7M | 102 mo ago | 21 | — | — | — | — | — |
| 6 | Zilift Provider of artificial lift technologies for the upstream oil and gas industry | $7M | 156 mo ago | 25 | — | — | — | — | — |
| 7 | Once Manufacturer of LED lighting solutions for indoor livestock and aquaculture farms | $6M | 152 mo ago | 21 | — | HubSpot CMS HubEnvoylit-html+21 | Top 5M | — | — |
| 8 | LiquidCool Solutions Liquid cooling systems for data centers | $5M | 49 mo ago | 14 | Ken Krei CEO | WordPress Site EditorWordPressMySQL+18 | Top 50M | 77 patents Liquid submersion cooling for electronic components and server hardware | — |
| 9 | The Energy Detective Energy management solution for residential and commercial applications | $2M | 197 mo ago | 7 | Scott Anderson Co-Founder | Cart FunctionalityApache HTTP ServerjQuery UI+9 | Top 50M | — | — |
| 10 | Itasca Geomechanics and hydrogeology experts providing consulting, software, and training solutions | $727K | 27 mo ago | 54 | Richard Brummer CEO | Cart FunctionalityThinkificRuby+13 | Top 10M | — | — |
| 11 | Geofinancial Analytics Provider of satellite-based solutions for detecting fugitive gas emissions | $570K | 13 mo ago | 9 | Mark R Kriss Co-Founder & CEO | — | — | — | — |
| 12 | Green Ocean Energy Attenuator based WEC | $472K | 181 mo ago | — | George Smith Founder & CTO | — | — | — | — |
| 13 | Verterra Energy Vertical axis turbines for generating electricity from rivers, oceans, and canals | $325K | 110 mo ago | 15 | Ted Christopher Founder & CEO | Cart FunctionalityWix eCommerceWix+19 | Top 50M | — | — |
| 14 | Enspi Provider of AI and cloud-based renewable energy management solutions | $300K | 29 mo ago | — | Dwayne Caldwell Co-Founder & CEO | — | — | — | — |
| 15 | Exergi Predictive Provider of simulation-guided AI for energy prediction and management | $300K | 69 mo ago | 5 | — | — | — | 2 patents Machine‑learning models for vehicle energy consumption forecasting and synthetic drive‑cycle generation. | 1 job opening |
| 16 | Energy Ledger Blockchain based accounting management solutions provider | $265K | 65 mo ago | — | William Pete Co-Founder & CEO | — | — | — | — |
| 17 | Thin Profile Technologies Battery component manufacturers | $250K | 188 mo ago | — | Thomas Pennaz CEO and President | — | — | — | — |
| 18 | SpiderSuite Inspection Management software for commercial real estate | $150K | 146 mo ago | — | Mike Linton Co-Founder | — | — | — | — |
| 19 | Minneapolis Biomass Exchange Online marketplace for feed and renewable fuels | $130K | 162 mo ago | — | Kevin Triemstra Founder | — | — | — | — |
Top 12 Energy Tech companies in Minnesota
#1
Series A · Bloomington, Minnesota · founded 2021$20Mraised▾
Provider of project management tool for solar energy. It offers solutions such as document inventory, risk and opportunity register, budget and invoice tracking, and more.
- Sep 2025Series A$20M
- Jul 2022Seed—
#2
Series B · Minneapolis, Minnesota · founded 2012 · 175 employees$36.3Mraised▾
Provider of IoT-based building energy management systems. These systems utilize smart sensors and controls to optimize building efficiency, improving indoor air quality and reducing energy consumption. The company offers a suite of software and hardware components, including sensors, controllers, and mobile applications, to provide comprehensive building automation. This includes features such as predictive analytics and remote access capabilities for facility management. The systems are designed for various building types, enabling customized solutions to meet specific needs. The company also provides support and resources to help clients optimize comfort and savings.
- Feb 2025Series B$45M
- Jul 2021Series A$5M
- Apr 2021Series A—
- Mar 2021Series A$4.8M
#3
Acquired · Shoreview, Minnesota · founded 2011 · 18 employees$101.9Mraised▾
Provider of subsea remotely operated vehicle services. The company’s services include pipeline and platform inspection, repair, and maintenance, wind farm cable laying and inspection, subsea construction, drill and survey support, and more.
- Apr 2023Conventional Debt$25M
- Jul 2020Series D—
- Dec 2017Series C$74.9M
- Apr 2015Series B$15M
#4
Funding Raised · Minneapolis, Minnesota · founded 2018 · 9 employees$570Kraised▾
Provider of satellite-based solutions for detecting fugitive gas emissions. The company offers a "Methane scan" - that detects methane hotspots and provides material risks such as laggard performance on methane emissions via satellite remote sensing. Other offerings include global well production data, live datasets, alerts, risk scores, and more. The company offers all the features on a monthly subscritpion-based plan.
- Apr 2025Grant (prize money)$295K
- Jul 2024Grant (prize money)$275K
#5
Series E · New Brighton, Minnesota · founded 2000 · 8 employees$151.8Mraised▾
Provider of solid state energy storage solutions. It provides rechargeable solid-state energy storage technology, backup power, embedded energy, energy harvesting solutions, thin-film lithium batteries used in IoT, and medical devices.
- Jul 2020Series E$300K
- Mar 2020Conventional Debt$100K
- Jan 2019Series E$1.5M
- Sep 2017Conventional Debt$600K
#6
Seed · Minneapolis, Minnesota · founded 2018$15Kraised▾
Provider of inverter for grid integration. It enables scalability and transition of energy.
- Jan 2026Seed$15K
#7
Funding Raised · Minneapolis, Minnesota · founded 1981 · 54 employees$727.1Kraised▾
Geomechanics and hydrogeology experts providing consulting, software, and training solutions. The company offers consulting services, blending practical engineering and field experience with computer modeling and data analysis techniques. It develops advanced commercial software for geomechanical and hydrogeological simulation, analysis, and microseismic interpretation. Training programs are available, reflecting its origin in academia and valuing relationships with universities. The company serves the mining, civil, and energy industries. Its software applications include geomechanical, hydrogeological, and CAD/meshing tools. The company provides solutions for site characterization, data management, third-party review, and microseismic evaluation. It offers services such as open pit and underground mine design, blast design, and tailings dam analysis. The company is committed to driving sustainability in geotechnical and hydrogeological engineering.
- Mar 2024Grant (prize money)$44.8K
- Jun 2021Grant (prize money)$199.3K
- Jan 2018Grant (prize money)$21.6K
- Jun 2017Grant (prize money)$97.3K
#8
Series B · Rochester, Minnesota · founded 2005 · 14 employees$5.2Mraised▾
Liquid cooling systems for data centers. It offers a patented total liquid submersion technology that introduces an eco-friendly dielectric liquid into an electronic device of any size and shape. The method offers better cooling than air and fan-based. The Liquid Submerged Server - is a high-performance rack-mounted system that can reduce energy.
- Apr 2022Series B—
- Oct 2013Series A$3.6M
- Aug 2011Seed$1.1M
- Apr 2010Seed$500K
#9
Seed · Minneapolis, Minnesota · founded 2021$300Kraised▾
Provider of AI and cloud-based renewable energy management solutions
- Jan 2024Seed$150K
- Sep 2023Seed$150K
- 2023Seed—
#10
Series C · Shoreview, Minnesota · founded 2011 · 21 employees$7.5Mraised▾
Intelligent communications solutions provider, specializing in data and website services. The company offers comprehensive solutions in intelligent communications, focusing on simplifying complex data processes. They provide website design and hosting services, ensuring a strong online presence for their clients. With a focus on innovation and customer satisfaction, they strive to deliver cutting-edge solutions that meet the evolving needs of the digital landscape. Their expertise extends to data management and communication strategies, positioning them as a valuable partner for businesses seeking to enhance their operational efficiency and online visibility. They are committed to providing high-quality services and support to their clients.
#11
Series A · Plymouth, Minnesota · founded 2008 · 21 employees$6.5Mraised▾
Manufacturer of LED lighting solutions for indoor livestock and aquaculture farms. It provides users with LED lamps, fixtures, and lighting systems for commercial and municipal clients for livestock rearing and agriculture. It offers LED poultry cage lighting for layer, broiler, pullet, and breeder operations, poultry lights for poultry operations, solid-state lamps for retail applications, and LED lamps for tracking lighting applications.
- Oct 2013Series A$5.3M
- Aug 2012Seed$600K
- Feb 2011Seed$552K
#12
Series A · Shoreview, Minnesota · founded 2009 · 25 employees$7Mraised▾
Provider of artificial lift technologies for the upstream oil and gas industry. It offers Zilift SpeedDrive - a diameter ESP which is possible to deploy on cable or wireline and also through the tubing, slim bore, live well intervention, and restricted access applications.
Funding & investor landscape
Notable founders
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
What Minnesota researches in energy storage
- University of Minnesota11
- University of St. Thomas - Minnesota1
- University of Minnesota, Duluth1
- University of Minnesota System1
Common questions
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.