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Critical Energy

It develops an approach to industrialize geothermal plant deployment, aiming to make projects more repeatable and scalable.

Deep Tech
Geothermal Energy
Total Raised
$22M
Last Valuation
$147M
Headquarters
San Francisco, CA

Overview

Critical Energy is a geothermal company led by an ex-SpaceX engineer, according to the round report. The company is positioning its work around bringing manufacturing-style repeatability to geothermal plants, described as doing for geothermal plants what Henry Ford did for cars. Targeting the energy infrastructure market, Critical Energy appears focused on scaling geothermal plant development rather than building AI software. It has raised $22 million in an undisclosed round announced on June 17, 2026, representing its reported total funding to date.

Funding History

1 round · Jun 2026
$22M
Total Raised
1
Valuation: $147M
Cumulative: $22M

This ex-SpaceX engineer raised $22M to do to geothermal plants what Henry Ford did to the car

Investors not disclosed
Source

Frequently Asked Questions

How much has Critical Energy raised in total?
Critical Energy has raised a total of $22M across 1 funding round.
Who are Critical Energy's investors?
Critical Energy's investors include Undisclosed.
What does Critical Energy do?
Critical Energy is a geothermal company led by an ex-SpaceX engineer, according to the round report. The company is positioning its work around bringing manufacturing-style repeatability to geothermal plants, described as doing for geothermal plants what Henry Ford did for cars. Targeting the energy infrastructure market, Critical Energy appears focused on scaling geothermal plant development rather than building AI software. It has raised $22 million in an undisclosed round announced on June 17, 2026, representing its reported total funding to date.
Where is Critical Energy headquartered?
Critical Energy is headquartered in San Francisco, CA.