Critical Energy raised $22M in seed funding to mass-produce modular geothermal turbines, aiming to transform clean energy production. Led by Susa Ventures and Upfront Ventures, this funding addresses the growing demand for reliable electricity.
Amount Raised
$22 Million
Round Type
Seed
Los AngelesEnergyOil And GasRenewable EnergyInvestors
Description
Critical Energy has secured $22 million in seed funding to mass-produce modular geothermal turbines instead of constructing them on-site. This funding arrives amidst increasing electricity demand due to the AI infrastructure boom. Led by Susa Ventures and Upfront Ventures, the round aims to provide reliable, always-on clean power. Founded by ex-SpaceX engineer Spencer Jackson, Critical Energy aims to change the perception of power plant production.
Quick answer
Critical Energy raised $22 Million in a Seed round, dated June 17, 2026. Investors: Mac Venture Capital, Silicon Valley Bank, Underground Ventures, Susquehanna Sustainable Investments, Humba Ventures, Scribble Ventures, Susa Ventures and Upfront Ventures. Critical Energy is based in Los Angeles, California, United States.
- How much did Critical Energy raise?
- Critical Energy raised $22 Million in a Seed round on June 17, 2026.
- Who invested in Critical Energy?
- Mac Venture Capital, Silicon Valley Bank, Underground Ventures, Susquehanna Sustainable Investments, Humba Ventures, Scribble Ventures, Susa Ventures and Upfront Ventures are named as investors in this round.
- What does Critical Energy do?
- Critical Energy, founded by ex-SpaceX engineer Spencer Jackson, specializes in the design and mass production of modular geothermal turbines.
- Where is Critical Energy based and how big is it?
- Critical Energy is based in Los Angeles, California, United States.
- Who are the decision-makers at Critical Energy?
- Fundz holds 1 contact at Critical Energy, including the Founder & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Oil And Gas around the same time
Companies in the same sectors as Critical Energy that raised within 45 days of this round, from Fundz verified event records.
- Lydian raised $43M (Series A) on July 30, 2026.
- Airmo raised $12M on July 29, 2026.
- Haffner Energy and IðunnH2 raised $740K (Corporate Round) on July 27, 2026.
- Rock Tech Lithium raised $80M on July 27, 2026.
- Dangote Petroleum Refinery and Petrochemicals FZE raised $2.5B (Private Equity) on July 24, 2026.
- Sabanto raised an undisclosed amount (Series B) on July 14, 2026.
Who to call at Critical Energy, and when
A new round usually means Critical Energy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Critical Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Critical Energy, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Critical Energy. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Critical Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Critical Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.