Found Energy Analysis: $17M Raised
What is Found Energy?
Aluminum fuel for heavy industry with 2x diesel energy density
Location
Boston, United States
Employees
11-50
Founded
2022
Product Features & Capabilities
- Aluminum thermal power system converting metal to on-site steam and hydrogen
- Closed-loop fuel cycle with recharging via electricity
- 2x diesel energy density
- Non-temperature sensitive
- No degradation over time
- Leverages global aluminum transport infrastructure
Use Cases
Power industrial heating in chemical manufacturing; Provide thermal energy for cement production; Supply heat to mining operations; Generate hydrogen for maritime shipping; Deliver dispatchable power to food and beverage facilities; Enable seasonal energy storage in remote locations
Other Considerations
Won inaugural Boston Climate Leader Award 2025; Won international competition at Hello Tomorrow Global Summit 2025; Recognized as a green energy innovator in Boston; Built in America; Leverages 25.5 million tons of global aluminum transport network
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