Mainspring Energy

formerly Mainspring

Flexible, affordable, and low emissions onsite power.

Menlo Park, United States · Founded 2010 · $643.0M raised

Employees
51–200
Founded
2010
Business Model
B2B
Total Funding
$643.0M
Last Round
$258.0M Series FApr 2025
Rounds
3

About

Mainspring Energy is a Menlo Park-based clean energy company that manufactures linear generators — a novel power technology converting fuel directly to electricity through a low-temperature, flameless reaction with near-zero NOx emissions. Founded in 2010 by three Stanford engineers as EtaGen, the company rebranded to Mainspring Energy in 2020 and has raised over $850 million. Its generators serve data centers, utilities, and industrial customers needing flexible, fuel-agnostic onsite power.

Summary

Mainspring Energy is an Energy company based in Menlo Park, United States, founded in 2010. It has raised $643.0M in total across 3 rounds, most recently a $258.0M Series F round in Apr 2025. Investors include General Catalyst, Khosla Ventures and DCVC (Data Collab).

Tech & App Stack

3 technologies & apps tracked

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Funding History

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Series FSeries FApr 2025
$258.0M

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Series D through Series F — per-round amounts, valuations, and who invested in each round.

Investors

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