Fundraising Fox

Energy Web

Founded 2017 · 33 employees on LinkedIn · 10 known investors

Energy Web builds blockchain-based infrastructure and a marketplace (Energy Web X) offering compute pools such as SmartFlow, Carbon-Aware, and GP4BTC for energy and sustainability applications. Founded in 2017, it serves the energy sector with decentralized technology for real-world energy and sustainability use cases.

Also known as Energy Web Foundation · EW

Founders & leadership

Energy Web was founded in 2017 by Ed Hesse.

EH
Ed HesseFounder

Investors · 10

Company profile

researched Aug 2026

Energy Web develops rule digitization tools and decentralized verification infrastructure for energy and environmental sustainability markets, converting operational data into records that third parties can independently inspect. Its stack is built on four primitives: versioned, content-addressed and signed methodologies or rulebooks; independent verification execution in which a quorum of compute nodes runs the same logic in parallel and reaches consensus; immutable on-chain evidence records combining inputs, methodology version, operator signatures and results; and inspectable data exports that bundle methodology, evidence and verification record into a shareable, re-verifiable package.

The company organizes its offering into three categories. Green Proofs provides book-and-claim registries for environmental commodities such as energy attribute certificates, sustainable aviation fuel certificates, greenhouse gas accounting, and product carbon footprints or digital product passports, with a Meta Proofs layer performing cross-registry checks to catch double counting before issuance. Digital Spine is a secure, open-source, governed data exchange and interoperability layer for grid and market operations, covering decentralized digital identity, secure data exchange, event-driven orchestration, consent and access management, and auditability, aimed at unlocking grid flexibility across distributed energy resources. A Research & Innovation portfolio holds proofs-of-concept built with research partners, grid operators and startups, many co-funded by EU, German and Swiss innovation programmes, focused on digitalized grid operations and flexibility, sustainable fuels and green commodity markets, product carbon transparency, and carbon market integrity.

Underpinning the solutions is Energy Web Verified Compute Cloud, a four-step protocol (define rules, connect data, execute verification via independent compute nodes reaching on-chain consensus, inspect results) in which inputs remain private and only commitments leave the customer's trust boundary. Supporting Web3 infrastructure includes the Energy Web Chain, a Proof-of-Authority Ethereum-based blockchain serving as the trust layer of EW-DOS, and Energy Web X, a Substrate-based chain for worker node networks used by enterprise energy applications, plus applications such as SmartFlow (no-code business logic authored in a NodeRed editor) and the EWX Marketplace app for running worker nodes.

Founding story

Energy Web was co-founded by Ewald Hesse, who serves as Chief Executive Officer, and Dr Ana Trbovich; both had previously co-founded Grid Singularity. Hesse's earlier career included executive roles at Andritz Hydro, ABB and Metzler, while Trbovich came from senior policy and economic advisory roles and board positions at organizations including EIT, dena and Axa.

Business model

Energy Web supplies verification infrastructure and registry software to organizations in energy, industry and finance, working through an industry member network and "solution circles" (working groups) that design solutions with the parties who will operate them; successful pilots graduate into production infrastructure used across markets, registries and jurisdictions. Products include subscription-based application components (for example SmartFlow subscriptions and payments) and decentralized worker-node participation, including a fully managed worker node offering on Launchpad. Part of the innovation portfolio is co-funded by EU, German and Swiss innovation programmes.

Traction

In production deployments include the SAFc Registry for sustainable aviation fuel certificates, with more than 235,000 metric tonnes of SAFc issued and more than 750,000 metric tonnes of CO2e abated, and Katalist for maritime book-and-claim, with over 200 corporate users and beneficiaries and presence in more than 25 countries. Pilots of Verified Compute Cloud are running in corporate disclosure (CSRD), trade (CBAM green import verification) and aviation (ReFuelEU Aviation SAF compliance) contexts with registries, market operators and assurance providers.

Latest developments

The company has repositioned its offering around Verified Compute Cloud, with pilots underway for CSRD carbon footprint verification, CBAM green import verification and SAF compliance verification. Recent publications include the Energy Web MiCA Whitepaper 2025 and the 2025 Yellowpaper, and a fully managed worker node was introduced on Launchpad (announced December 2024). The SAFc Registry marked one year of operation in November 2024.

Full profile — market position, technology, go-to-market, geography, history

Market position

Energy Web describes the SAFc Registry it operates as the world's leading sustainable aviation fuel platform, and states it is trusted by leaders across energy, industry and finance. Its Digital Spine technology underpins work with the Australian Energy Market Operator's decentralized energy market initiatives and a California grid-operator application related to CAISO FlexAlert.

Energy Web positions continuous, cryptographic verification as a replacement for periodic manual audits: shared versioned rulebooks and independent parallel execution mean counterparties compute the same result, evidence is anchored on-chain, and proofs remain inspectable and portable across solutions and registries. Meta Proofs add cross-registry duplicate detection before issuance, and verification is aligned to standards and regulations including ISO 14065, ISO 17029 and ReFuelEU Aviation (EU) 2023/2405.

Technology

The core is Verified Compute Cloud: content-addressed, signed and versioned rulebooks; parallel execution of identical logic by a quorum of independent compute (worker) nodes that reach consensus recorded on-chain; immutable evidence records anchoring inputs, methodology version, operator signatures and results; and portable, re-verifiable data exports. Data connections use existing systems, APIs and registries with inputs kept private and only commitments published. The Energy Web Chain is a Proof-of-Authority blockchain based on Ethereum forming the trust layer of EW-DOS, while Energy Web X is a Substrate-based blockchain supporting worker node networks, pallets and validators. Application-level tools include SmartFlow (no-code logic building via NodeRed), the EWX Marketplace worker-node application, and a Verified Data Explorer for surfacing verified evidence.

Go-to-market

The company sells through demos and direct business inquiries while convening an industry network: member organizations collaborate in an open environment, solution circles design specific solutions with prospective operators, and pilots scale into production deployments. It runs ecosystem programmes and events (for example EW Dive 2025, an Academy, documentation and Europe Projects) and partners with utilities, technology providers, registries and sustainability organizations, alongside co-funded research projects.

Registries, market operators, grid and distribution utilities, transmission/market bodies, assurance and verification providers, fuel producers and importers, airlines and maritime shippers, corporates preparing sustainability disclosures, technology providers and startups; sectors addressed include electricity, aviation, maritime, e-mobility and clean mining.

Geography

Activity spans Europe (EU regulatory frameworks such as CSRD, CBAM and ReFuelEU Aviation, plus projects co-funded by EU, German and Swiss innovation programmes), Australia (work supporting the Australian Energy Market Operator) and California (an application leveraging Energy Web technology related to CAISO FlexAlert). The Katalist maritime network spans more than 25 countries, and team members are based across multiple countries.

History

Energy Web's technology documentation traces successive architecture publications from the Energy Web Chain v1 (2018) and v2 (2019) papers through EW-DOS (2020) and a dSLA lightpaper (2021), to the MiCA Whitepaper and Yellowpaper in 2025, reflecting a progression from a Proof-of-Authority Ethereum-based chain to the Substrate-based Energy Web X worker-node network and, most recently, the Verified Compute Cloud verification protocol and its regulatory-compliance pilots.

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
CO2e abated (SAFc Registry)Jan 2026750,000 metric tonnes
Corporate users and beneficiaries (Katalist)Jan 2026200 users
Countries represented in Katalist maritime networkJan 202625
HeadcountAug 202633
SAFc issued (SAFc Registry)Jan 2026235,000 metric tonnes

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 4

launches, deals, and filings
Jan 2026
Verified Compute Cloud pilots across CSRD, CBAM and SAF compliance

Verified Compute Cloud is being piloted with registries, market operators and assurance providers for real-time carbon footprint verification (CSRD), green import verification (CBAM) and verified sustainable aviation fuel compliance under ReFuelEU Aviation.

source ↗

Jan 2025
Publication of MiCA Whitepaper and 2025 Yellowpaper

Energy Web released its MiCA Whitepaper 2025, published in compliance with European regulation, and a 2025 Yellowpaper describing its decentralized technology architecture.

source ↗

Dec 2024
Fully managed Worker Node introduced on Launchpad

Energy Web unveiled a fully managed worker node available via Launchpad.

source ↗

Nov 2024
SAFc Registry marks one year of operation

Energy Web published a retrospective on the first year of the sustainable aviation fuel certificate registry.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Energy Web do?
Energy Web builds rule-digitization tools and decentralized verification infrastructure for energy and sustainability markets.
Who founded Energy Web?
Energy Web was founded by Ed Hesse in 2017.
Who are Energy Web's investors?
Energy Web's investors include 1k(x), 1kx, Advanced Blockchain, Blackhorn Ventures, Future Energy Ventures, Merkle Tree Capital, Moonlanding Ventures, Peak Sustainability Ventures and 2 more.