Estes Energy raises $11M in Seed funding, led by BMW I Ventures and Fortescue, to expand its development team and begin deploying battery systems to early customers.
Amount Raised
$11 Million
Round Type
Seed
San FranciscoManufacturingEnergyRenewable EnergySolarInvestors
Description
Estes Energy, a San Francisco-based materials and manufacturing company, raised $11M in Seed funding. The round was led by BMW I Ventures and Fortescue, with participation from New System Ventures and early investor DCVC. The company intends to use the funds to expand the development team and build-out its pilot manufacturing capability. Estes Energy develops zero-emission power systems for commercial and industrial markets.
Quick answer
Estes Energy raised $11 Million in a Seed round, dated July 23, 2025. Investors: Fortescue, BMW I Ventures, New System Ventures and Dcvc. Estes Energy is based in San Francisco, California, United States.
- How much did Estes Energy raise?
- Estes Energy raised $11 Million in a Seed round on July 23, 2025.
- Who invested in Estes Energy?
- Fortescue, BMW I Ventures, New System Ventures and Dcvc are named as investors in this round.
- What does Estes Energy do?
- Estes develops and manufactures exceptional zero-emission power systems that unlock true scale and performance for the electrification of commercial and industrial markets.
- Where is Estes Energy based and how big is it?
- Estes Energy is based in San Francisco, California, United States.
- Who are the decision-makers at Estes Energy?
- Fundz holds 1 contact at Estes Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Estes Energy that raised within 45 days of this round, from Fundz verified event records.
- OSW raised $5.5M (Funding Round) on August 21, 2025.
- Energy Vault raised $299M (Funding Round) on August 9, 2025.
- Solarock raised $8.2M (Funding Round) on July 3, 2025.
- Enfinity Global raised $368M (Funding Round) on September 4, 2025.
- Lucid Group raised $300M (Funding Round) on September 4, 2025.
- ACT-ion Battery Technologies raised $4M (Pre-Series A) on September 4, 2025.
Who to call at Estes Energy, and when
A new round usually means Estes Energy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Estes Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Estes Energy, from your own LinkedIn network
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