Factor2 Energy
Duisburg, North Rhine-Westphalia, Germany · Energy, Renewable Energy, Renewables & Environment
Factor2 Energy is a climatetech company developing geothermal power systems that use CO₂ as the working fluid. Their technology taps moderate-temperature resources, delivering up to twice the output of conventional designs while avoiding environmentally harmful processes. The company's mission is to unlock scalable, clean, baseload geothermal power while enabling permanent carbon storage. Factor2’
Key facts
- Headquarters
- Duisburg, North Rhine-Westphalia, Germany
- Employees
- 10
- Industries
- Energy, Renewable Energy, Renewables & Environment
- Status
- Private
- Website
- factor2-energy.com
- Company page
Recent activity at Factor2 Energy
Factor2 Energy funding history
| Date | Round | Amount |
|---|---|---|
| Sep 2025 | Seed | $9.1M |
Leadership
- Michael Wechsung, Chief Technology Officer
- Felix Böhmer, Founder
Verified email and direct lines for Factor2 Energy’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Factor2 Energy in the news
- More Geothermal Energy, Faster, From US Startups - CleanTechnica (Sep 22, 2025)
- Industry calls on EU for investment-driven geothermal plan - Enlit World (Dec 08, 2025)
- Structural basis for the calmodulin-mediated activation of eukaryotic elongation factor 2 kinase - Science | AAAS (Jul 06, 2022)
- Eukaryotic elongation factor 2 kinase as a drug target in cancer, and in cardiovascular and neurodegenerative diseases - Nature (Jan 25, 2016)
- Engineering the future: 10 promising German startups to watch in 2026 and beyond! - EU-Startups (Jan 19, 2026)
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About Factor2 Energy: questions and answers
What does Factor2 Energy do?
Factor2 Energy is a climatetech company developing geothermal power systems that use CO₂ as the working fluid. Their technology taps moderate-temperature resources, delivering up to twice the output of conventional designs while avoiding environmentally harmful processes. The company's mission is to unlock scalable, clean, baseload geothermal power while enabling permanent carbon storage. Factor2’
Where is Factor2 Energy headquartered?
Factor2 Energy is headquartered in Duisburg, North Rhine-Westphalia, Germany.
How many employees does Factor2 Energy have?
Factor2 Energy has about 10 employees.
Has Factor2 Energy raised funding?
Yes. Fundz has recorded 1 funding event for Factor2 Energy. The most recent, Seed of $9.1M, was in Sep 2025.
Who leads Factor2 Energy?
Felix Böhmer is a Founder at Factor2 Energy.
What is the latest news on Factor2 Energy?
On Sep 19, 2025, Factor2 Energy raises $9.1M seed round led by At One Ventures to advance CO₂ geothermal power technology.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy