Critical Energy

Building an abundant low-cost clean energy future

Hawthorne, United States · Founded 2024 · $24.0M raised

Employees
1–10
Founded
2024
Business Model
B2B
Total Funding
$24.0M
Last Round
$2.0M SeedJun 2026
Rounds
2

About

Critical Energy develops factory-built, modular heat-to-electricity power generation systems designed for rapid grid-scale deployment. Founded by Spencer Jackson, a former SpaceX engineer who spent seven years on Falcon Heavy, Starship, and the Raptor rocket engine, the company manufactures containerized turbine modules that convert thermal energy into electricity via a specialized closed-loop working fluid cycle with custom turbomachinery. Units can be shipped in standard containers and installed in weeks rather than years. Critical Energy is targeting a global shortage of compatible turbines in the geothermal sector, starting with geothermal and waste heat recovery from data center gas turbines. The company plans to complete its first 2.5-megawatt project by 2027 and is developing a 5-megawatt module for enhanced geothermal operators.

Summary

Critical Energy is a Climate Tech company based in Hawthorne, United States, founded in 2024. It has raised $24.0M in total across 2 rounds, most recently a $2.0M Seed round in Jun 2026. Investors include Upfront Ventures and Susa Ventures.

Tech & App Stack

2 technologies & apps tracked

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Funding History

SeedJun 2026
$22.0M

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Funding: Seed. Amounts, valuations, and investors where available.

Investors

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