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Radar · Environment in Maryland

Best Environment Companies in Maryland, United States

The 108 best Environment companies in Maryland, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: X Energy.

108companies tracked
$1.6Bdisclosed funding
0unicorns
28have raised
FLIAR INTELLIGENCE · ENVIRONMENT × MARYLAND

Our analysis of 90 Environment companies

$38.2b in tracked funding; 89% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

90companies analysed
89%cloud-native stacks
2025funding peak (by rounds)
3unicorns
2015median founding year
201kcombined LinkedIn audience
63%of audience held by top 3
3companies hiring publicly (12 mo)

Ranked: Best Environment companies in Maryland

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackPatents & IP focusRecent signals
1X Energy
Developer of small modular & high temperature gas cooled nuclear reactor
84Patents top 11%Funding top 14%Product top 14%Growth top 17%
All 11 signals ▾
Patentstop 11%
Fundingtop 14%
Producttop 14%
Growthtop 17%
Innovationtop 20%
Moattop 32%
Techtop 36%
Talenttop 38%
Markettop 45%
Globalbottom 49%
Newsbottom 22%
Patents: 1,201 patents matched (strict assignee match) · 615 filings since 2022 vs 342 in 2017-21
Funding: Raised $605M across 11 rounds · 11 rounds over 10 yrs (1.1/yr)
rank vs industry peers · Fliar Intelligence Index 84/100
$605M6 mo ago246Kam Ghaffarian
Founder
DrupalPHPAmazon Web Services+251,201 patents
Oil & gas extraction and processing, hydraulic fracturing equipment, and uranium recovery power systems
—
2Centrus Energy
Supplier of uranium fuel
$402M19 mo ago63Daniel Poneman
CEO & President
WordPressMySQLMariaDB+21—1 job opening · 3 partnerships · 2 expansions
3Competitive Power Ventures
Develops and operates wind assets
$341M54 mo ago83—WordPress Block EditorWordPressMySQL+24——
4Direct Energy Solar
Residential solar installation service provider
$111M143 mo ago82Joshua Goldberg
Co-Founder
———
5USALCO
Provider of alumina based chemical solutions for water treatment and industrial applications
$37M72 mo ago190
190 → 267 (+41%)
—WebflowApple iCloud MailSalesforce+2069 patents
Advanced aluminum-based water treatment coagulants and production processes
1 job opening · 1 partnership
6SolarWindow Technologies
Developing transparent electricity-generating coatings for glass and plastics
$36M90 mo ago3Jatinder Bhogal
Chief Executive Officer
WordPressSentryMySQL+36——
7Renewable Energy
Residential solar panel installer
$25M105 mo ago—Reidar Langmo
Founder (ScanWafer)
WordPressMySQLPHP+31——
8Sunstone Credit
Developer of solar & wind energy projects
$24M40 mo ago13
13 → 29 (+123%)
Sumbul Alvi
Co-Founder
———
9Standard Solar
Scaling renewables through development, funding, ownership, and operation of solar projects
$12M179 mo ago121—WordPressApple iCloud MailMicrosoft 365+31——
10Newport Partners
Provider of consulting services for energy efficient green buildings
$9M8 mo ago9————
11Sunlogics
Solar panel manufacturer and project developer
$8M178 mo ago—Satpal Sidhu
CEO & President
———
12National Fenestration Rating Council
Organization certifies energy performance ratings for windows, doors, and skylights
$6M176 mo ago26—WordPressMySQLPHP+18——
13Red Bag Solutions
Provider of bio-hazardous waste management services
$5M178 mo ago13Don Millard
President and CEO
———
14TVIG
Developer of wind energy projects
$4M178 mo ago—Peter De Vos
chairman & ceo
———
15Neighborhood Sun
Community solar program developers
$3M36 mo ago37—WordPressMySQLPHP+32—2 partnerships
16Sunairio
Developer of wind and solar energy projects
$2M18 mo ago7———1 launch
17Planet Found Energy Development
Manufacturer and supplier of biogas plant to convert poultry litter to electricity and heat
$1M82 mo ago4————
18PaverGuide
Provides installation services for permeable pavement reservoir
$825K86 mo ago1Charles White
Founder & CEO
—8 patents
Advanced permeable pavement media for phosphorus‑nitrogen removal in contaminated water
—
19Antares Group
Developer of solar and wind energy projects
$772K71 mo ago17————
20Viskon-Aire
Manufacturer of disposable air filtration products
$412K197 mo ago17————
21Alpha Energy
Developers of community scale renewable energy projects
$378K170 mo ago6David Murrin
Chairman and Co-Founder
———
22Bahari Energy
Innovating wind energy solutions for distributed generation in urban environments
$160K129 mo ago4————
23CTRL Systems
Manufacturer of acoustic ultrasound technology for condition-based monitoring.
$150K52 mo ago3Robert Roche
Founder & CEO
Wix eCommerceWixSentry+17——
24CleanBay
Provider of poultry waste treatment and recycling services
$100K54 mo ago14Thomas Spangler
Executive Chairman and Founder
———
25Altenera
Harness energy using vibrating reeds
$100K155 mo ago—Morris Kaplan
Founder & CTO
———
26US Wind
Developer of offshore wind projects
—70 mo ago15—WordPressMySQLPHP+16——
27GSE Systems
Simulation tools for nuclear power plants
—97 mo ago278
278 → 411 (+48%)
Kyle Loudermilk
Chief Executive Officer
WordPressMySQLPHP+26—3 partnerships

Top 12 Environment companies in Maryland

#1
Public · Greenbelt, Maryland · founded 2010 · 246 employees
$605Mraised
▾

Developer of small modular & high temperature gas cooled nuclear reactor. It operates through tri-structural isotropic particle fuel. And also offers pebble bed nuclear reactor, zero emission energy, neutronics, and nuclear engineering services.

Fliar Intelligence Index™ 84how this company ranks against its industry peers
Patents
top 11%
Funding
top 14%
Product
top 14%
Growth
top 17%
Innovation
top 20%
Moat
top 32%
Patents: 1,201 patents matched (strict assignee match) · 615 filings since 2022 vs 342 in 2017-21 · Latest publication 2026
Funding: Raised $605M across 11 rounds · 11 rounds over 10 yrs (1.1/yr) · Last round Series D (Nov 2025)
Product: 4 distinct product lines · Company stage: Public
Audience (LinkedIn): 64k LinkedIn followers — 31.6% of this cohort's audience
Funding rounds
  • Nov 2025Series D$700M
  • Jun 2025Series C$22.8M
  • Mar 2025PE—
  • Feb 2025Series C$200M
Founders & team
Kam GhaffarianFounderJ. SellCEO
Investors
DOE, ARPA-E, DL E&C, Doosan Enerbility, Ares Management, NGP
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAkamai
#2
Public · Bethesda, Maryland · founded 1998 · 63 employees
$402.5Mraised
▾

Supplier of uranium fuel. The company supplies uranium fuel for commercial nuclear power plants and claims to have provided for its utility customers. They are also providers of advanced engineering services and claim to reduce the time, costs, and risks of developing and manufacturing complex engineered products.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 13k LinkedIn followers — 6.5% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: project controls engineer
Activity: 3 partnerships · 2 expansions (incl. Oklano Inc) announced in 12 mo
Funding rounds
  • Nov 2024Post IPO$402.5M
  • Dec 2010Grant (prize money)—
Founders & team
Daniel PonemanCEO & President
Investors
OSTI
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAkamai
#3
Funding Raised · Davidsonville, Maryland · founded 2002 · 9 employees
$8.8Mraised
▾

Provider of consulting services for energy efficient green buildings

LinkedIn Pulse recent public activity · Jul 2026
Audience: 396 LinkedIn followers
Funding rounds
  • Oct 2025Grant (prize money)$2.6M
  • May 2025Grant (prize money)$423K
  • May 2025Grant (prize money)$2.6M
  • Mar 2025Grant (prize money)$491.1K
Investors
Hud Exchange, OSTI
Tech stack
WixReactGoogle CloudPolyfillLodashPriority Hints
#4
Series A · Baltimore, Maryland · founded 2020 · 7 employees
$1.8Mraised
▾

Developer of wind and solar energy projects

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Dec 2024Series A$6.4M
  • Mar 2024Grant (prize money)$275K
  • May 2022Seed$1.8M
Investors
Buoyant Ventures, Constellation, MassMutual Ventures, Rosecliff Ventures, National Science Foundation, Keiki Capital
#5
Acquired · Silver Spring, Maryland · founded 1999 · 83 employees
$341Mraised
▾

Competitive Power Ventures is an electric power generation, development and asset management company. CPV a development arm of the company develops different wind portfolios across North America. The company's asset management division has operated more than 8,000 MWs of generation since 2001 and currently has 6,100 MWs under management. The company is headquartered in Silver Spring, Maryland, with offices in Braintree, Massachusetts, San Francisco, California, and Ontario, Canada.

Funding rounds
  • Dec 2021PE—
  • May 2015PE—
  • Aug 2014Conventional Debt$550M
  • Sep 2013Conventional Debt$842M
Investors
Warburg Pincus, GE Capital, Global Infrastructure Partners, Dl-energy.com, ArcLight, Ares Capital Corporation
Tech stack
All In One SeoAmchartsCookieyesCore-JsEwww Image OptimizerFastly
#6
Series A · Baltimore, Maryland · founded 2021 · 13 employees
$24.5Mraised
▾

Developer of solar & wind energy projects

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers — 2.3% of this cohort's audience
Funding rounds
  • Jan 2023Series A$20M
  • Feb 2022Seed$4.5M
  • Series A—
Founders & team
Sumbul AlviCo-Founder
Investors
Forbright, Cross River Bank, Grotech Ventures, Early Light Ventures, USM, Climate Capital
#7
Series B · Annapolis, Maryland · founded 2008 · 82 employees
$110.5Mraised
▾

Direct Energy Solar offers solar installation services mainly in the residential space. 'Direct Energy' acquired Astrum Solar for $54m in July 2014 and renamed the company as 'Direct Energy Solar'. The company received a $500k grant form Howdy County in April 2015. Astrum Solar was founded in 2008 by Vadim Polikov, Joshua Goldberg & Benjamin Davis.

Funding rounds
  • Jul 2014PE$100M
  • Nov 2013Series B$7.5M
  • May 2011Series A$3M
Founders & team
Joshua GoldbergCo-Founder
Investors
Constellation, CCM Group, Hudson Clean Energy Partners, Highland Ventures Group, Constellation Technology Ventures
#8
Acquired · Columbia, Maryland · founded 2003 · 3 employees
$35.6Mraised
▾

Developing transparent electricity-generating coatings for glass and plastics. The company focuses on creating innovative products that generate clean electricity and reward customers while benefiting the environment. Their core technology involves applying ultra-thin coatings to glass and plastic surfaces, transforming them into electricity-generating photovoltaic devices. This technology has applications in architecture, automotive, agrivoltaics, and transportation. The company aims to outperform traditional rooftop solar solutions by utilizing abundant materials and a liquid coating process suitable for high-speed production. The technology works in natural, shaded, low-light, and indoor light conditions. The company's team includes experts in business leadership, science, research, and engineering, with expertise in solar photovoltaics, manufacturing methods, reliability testing, and durability. The company is involved in B2B and B2C business model, and it is a tech company.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
  • Nov 2018Post IPO$25M
  • Oct 2017Post IPO$2.6M
  • Jun 2016Post IPO$3M
  • Mar 2016Post IPO$1.4M
Founders & team
Jatinder BhogalChief Executive Officer
Investors
Kalen Capital
Tech stack
Amazon SesAmazon Web ServicesContact Form 7Core-JsElement UiFacebook Pixel
#9
Series A · Silver Spring, Maryland · founded 2016 · 37 employees
$2.5Mraised
▾

Neighborhood Sun is a social enterprise that develops community solar systems for providing cost-effective solar power to communities. The company handles the entire engineering, procurement, development, and maintenance of the solar power plants and handles customer acquisition as well.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 2 partnerships (incl. First State) announced in 12 mo
Funding rounds
  • May 2023Series A$1.5M
  • Jan 2022Conventional Debt$1.3M
  • Mar 2020Series A$350K
  • Aug 2018Series A$275K
Investors
TEDCO, MOM’s
Tech stack
Adobe Audience ManagerAmazon AlbAmazon SesAmazon Web ServicesCloudflareCloudflare Bot Management
#10
Late Stage · Baltimore, Maryland · founded 1979 · 190 employees
$37Mraised
▾

Provider of alumina based chemical solutions for water treatment and industrial applications

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers — 2.7% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Sr. Director, Digital Solutions Delivery
Activity: 1 partnerships (incl. Shimming Chemical Corp.) announced in 12 mo
Investors
H.I.G. Capital
Tech stack
Apache Http ServerApple Icloud MailBootstrapCdnjsCloudflareCloudflare Bot Management
#11
Series B · Lutherville Timonium, Maryland · founded 2009
$25Mraised
▾

Residential solar panel installer

Funding rounds
  • Sep 2017Series B$25M
Founders & team
Reidar LangmoFounder (ScanWafer)
Tech stack
AhrefsClickceaseCloudflareCloudflare Bot ManagementContact Form 7Core-Js
#12
Acquired · Rockville, Maryland · founded 2004 · 121 employees
$12Mraised
▾

Scaling renewables through development, funding, ownership, and operation of solar projects. The company is a nationally recognized leader dedicated to expanding renewable energy access. They develop, deliver, fund, and operate commercial and community solar projects. Their integrated approach leverages technical expertise as a developer, EPC, long-term asset owner-operator, and funding source. They offer development and EPC consulting, long-term asset ownership, funding, and community solar services. They focus on reducing complexities through collaborative development, in-house funding, and engineering expertise. They serve various sectors, including commercial, community, education, public sector, and utilities. The company pioneers progress by breaking down barriers to development and expanding access to renewable energy. They offer solar project development, long-term owner-operator services, funding, asset management, and community solar services.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 19k LinkedIn followers — 9.2% of this cohort's audience
Funding rounds
  • Jun 2011Series A$2.6M
  • Oct 2008Series A$8.5M
  • Mar 2008Series A$3.5M
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementCookieyesCore-JsDocusign

Funding & investor landscape

$1.6Btotal disclosed funding
25companies funded
81disclosed rounds
0rounds last 90 days
Most active investors
OSTI4 rounds
TEDCO3 rounds
Ares Capital Corporation2 rounds
Constellation2 rounds
ARK Investment Management1 rounds
ARPA-E1 rounds
AV Group1 rounds
AlpInvest Partners1 rounds
Alumni Ventures1 rounds
Apollo Global Management1 rounds

Notable founders

Kam Ghaffarian
Founder · X Energy
J. Sell
CEO · X Energy
Daniel Poneman
CEO & President · Centrus Energy
Sumbul Alvi
Co-Founder · Sunstone Credit
Joshua Goldberg
Co-Founder · Direct Energy Solar
Jatinder Bhogal
Chief Executive Officer · SolarWindow Technologies
Reidar Langmo
Founder (ScanWafer) · Renewable Energy
Satpal Sidhu
CEO & President · Sunlogics
Don Millard
President and CEO · Red Bag Solutions
Peter De Vos
chairman & ceo · TVIG
Charles White
Founder & CEO · PaverGuide
Robert Roche
Founder & CEO · CTRL Systems
Prism market signals · United States · country-scoped Prism corpus, 6,440,608 docs

Market landscape — 10 sub-themes by coverage

Share of Environment coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH FROM Maryland · institutions

What Maryland researches in environmental monitoring

University of Maryland institutions dominate Maryland's environmental-monitoring research, focusing on air quality and atmospheric chemistry with a cautiously optimistic yet contested tone (mean stance 0.26).

27 papersstance +0.2624% breakthrough38% concern
breakthrough · advancement · concern
local research themes
Air Quality Monitoring and ForecastingAir Quality and Health ImpactsAtmospheric chemistry and aerosolsSustainability and Climate Change GovernanceRemote Sensing in AgricultureToxic Organic Pollutants Impact
top institutions
  • University of Maryland, College Park13
  • University of Maryland Center for Environmental Science6
  • University of Maryland, Baltimore County5
  • Maryland Department of Natural Resources1
  • Virginia–Maryland College of Veterinary Medicine1

Common questions

How many Environment companies are there in Maryland, United States?
Radar tracks 108 indexable Environment companies headquartered in Maryland, United States that meet our profile-completeness bar.
What is the total funding raised by Environment companies in Maryland, United States?
The Environment companies in Maryland, United States on this list have raised a combined $1.6B in disclosed equity funding across 25 funded companies.
Which is the highest-funded Environment company in Maryland, United States?
X Energy is the highest-funded Environment company in Maryland, United States, with $605M in disclosed equity funding.
How many Environment companies in Maryland, United States are funded?
25 of the 108 Environment companies in Maryland, United States on this list have disclosed at least one equity funding round.
How many Environment unicorns are there in Maryland, United States?
None of the Environment 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 Environment companies?
The most active investors in Maryland, United States Environment companies on this list include OSTI, TEDCO, Ares Capital Corporation, Constellation, ARK Investment Management.
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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