Fundraising Fox

Factor2 Energy

Founded 2025 · 19 employees on LinkedIn · 4 known investors

Factor2 Energy develops CO2-based geothermal power technology to generate cleaner energy. The company works on geothermal and subsurface technology aimed at more sustainable power generation.

CleantechClimate TechEnergy

Founders & leadership

FFelix
FelixLeading company development
MMichael
MichaelLeading technical development
JJörg
JörgCFO
A
AndyLeading North America business

Investors · 4

At One VenturesMenlo Park · $100K – $5M
Siemens Energy Venturesreported · 2 sourcesMunich
Verve VenturesreportedZug · $1.1M – $2.2M

Also in the syndicate · 1

Gründerfonds Ruhr

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Startup to tap into seriously powerful underground energy source: 'Emerging market'finance.yahoo.com · Oct 2025Factor2 Energy: $9.1 Million Closed For Advancing Geothermal Power Systemspulse2.com · Sep 2025Startup in spotlight: Factor2 Energy nets $9.1M to unlock next-gen geothermal power using CO₂ — TFNtechfundingnews.com · Sep 2025Factor2 Energy sammelt 9,1 Millionen US-Dollar für die Erschließung skalierbarer geothermischer Energie aus geologisch gespeichertem CO₂prnewswire.com · Sep 2025Factor2 Energy Raises US$9.1M in Fundingfinsmes.com · Sep 2025Factor2 Energy Raises US$9.1M to Unlock Scalable Geothermal Power from Geologically Stored CO₂prnewswire.com · Sep 2025

Frequently asked questions

What does Factor2 Energy do?
Factor2 Energy develops CO2-based geothermal power technology to generate cleaner energy. The company works on geothermal and subsurface technology aimed at more sustainable power generation.
Who are Factor2 Energy's investors?
Factor2 Energy's investors include At One Ventures, Siemens Energy Ventures, Verve Ventures.