50 Companies Powering Tomorrow

Congruent Ventures and Silicon Valley Bank are excited to return with the 2025 edition of our list recognizing companies with the vision, innovation, and scale to significantly advance global decarbonization over the next 25 years. The list is non-exhaustive, and we hope it catalyzes conversation and collaboration around the rapid pace of climate innovation.
View the full report here
50 Companies Powering Tomorrow

Congruent Ventures and Silicon Valley Bank are excited to return with the 2025 edition of our list recognizing companies with the vision, innovation, and scale to significantly advance global decarbonization over the next 25 years. The list is non-exhaustive, and we hope it catalyzes conversation and collaboration around the rapid pace of climate innovation.
View the full report here
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Software to optimize EV charging
Weavegrid
California
2018
$
78
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M
How We Power Our Lives
Grid
Weavegrid

Software to optimize to optimize EV charging

Plus
Advanced power delivery systems using superconducting power solutions
Veir
Massachusetts
2019
$
117
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M
How We Power Our Lives
Grid
Veir

Advanced power delivery systems using superconducting power solutions

Plus
Nuclear reactor design and development
Terrapower
Washington
2006
$
1,008
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M
How We Power Our Lives
Generation
Terrapower

Nuclear reactor design and development

Plus
Smart electric panels for storage + solar + EVs
SPAN
California
2018
$
286
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M
How We Move, Build + Live
Built Environment
SPAN

Smart electric panels for storage + solar + EVs

Plus
Electrified process for low carbon cement
Sublime Systems
Massachusetts
2020
$
50
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M
How We Move, Build + Live
Built Environment
Sublime Systems

Electrified process for low carbon cement

Plus
Silicon solar panel technology to improve efficiency
Tandem PV
California
2016
$
87
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M
How We Power Our Lives
Generation
Tandem PV

Perovskite-silicon solar panel technology to improve efficiency

Plus
Plant based petroleum substitutes
Solugen
Texas
2016
$
643
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M
How We Create + Consume
Industry
Solugen

Plant-derived petroleum substitutes

Plus
Clean industrial process heat
Skyven
Texas
2013
$
5
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M
How We Create + Consume
Industry
Skyven

Clean industrial process heat

Plus
Supercharged EV batteries
Sila Nanotechnologies
California
2011
$
1,310
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M
How We Move, Build + Live
Transportation
Sila Nanotechnologies

Supercharged EV batteries

Plus
Zero-carbon industrial heat and power
Rondo Energy
California
2020
$
190
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M
How We Create + Consume
Industry
Rondo Energy

Zero-carbon industrial heat and power

Plus
Battery recycling technology for circular supply chains
Redwood Materials
Nevada
2017
$
1,820
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M
How We Move, Build + Live
Transportation
Redwood Materials

Battery recycling technology for circular supply chains

Plus
Modular long-duration geomechanical energy storage
Quidnet
Texas
2013
$
53
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M
How We Power Our Lives
Grid
Quidnet

Modular long-duration geomechanical energy storage

Plus
Microbial nitrogen fertilizers to replace synthetic nitrogen
Pivot Bio
California
2010
$
697
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M
How We Nourish + Grow
Agriculture
Pivot Bio

Microbial nitrogen fertilizers to replace synthetic nitrogen

Plus
Automated, battery-electric, freight rail vehicles
Parallel Systems
California
2020
$
90
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M
How We Move, Build + Live
Transportation
Parallel Systems

Automated, battery-electric, freight rail vehicles

Plus
Actionable intelligence for wildfire mitigation
Pano AI
California
2020
$
89
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M
How We Nourish + Grow
Agriculture
Pano AI

Actionable intelligence for wildfire mitigation

Plus
Battery storage independent power producer
On.Energy
Florida
2016
$
35
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M
How We Power Our Lives
Grid
On.Energy

Battery storage independent power producer

Plus
Accelerated evolution to help farmers grow more food with less resources
Ohalo
California
2019
$
205
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M
How We Nourish + Grow
Food
Ohalo

Accelerated evolution to help farmers grow more food with less resources

Plus
Low-carbon production of plant based organic fertilizer
Nitricity
California
2018
$
97
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M
How We Nourish + Grow
Agriculture
Nitricity

Locally produced low-emissions fertilizer

Plus
LEO satellites to deliver unmatched climate and weather insights
Muon Space
California
2021
$
181
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M
How We Create + Consume
Carbon
Muon Space

LEO satellites to deliver unmatched climate and weather insights

Plus
Enhanced rock weathering for smallholder farmers
Mati Carbon
Texas
2022
$
50
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M
How We Nourish + Grow
Agriculture
Mati Carbon

Enhanced rock weathering for smallholder farmers

Plus
Sustainable alternatives for fuels and chemicals from CO2 instead of oil
Lydian
Massachusetts
2020
$
18
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M
How We Move, Build + Live
Transportation
Lydian

Sustainable alternatives for fuels and chemicals from CO2 instead of oil

Plus
Vacuum-insulated glass
Luxwall
Michigan
2017
$
90
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M
How We Move, Build + Live
Built Environment
Luxwall

Vacuum-insulated glass

Plus
Data-driven geologic hydrogen resource discovery
Koloma
Colorado
2021
$
306
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M
How We Create + Consume
Industry
Koloma

Data-driven geologic hydrogen resource discovery

Plus
Reforest land for carbon credits with trees enhanced for carbon dioxide storage
Living Carbon
California
2019
$
36
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M
How We Nourish + Grow
Agriculture
Living Carbon

Reforest land for carbon credits with trees enhanced for carbon dioxide storage

Plus
AI-powered critical mineral exploration
Kobold
California
2018
$
941
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M
How We Create + Consume
Industry
Kobold

AI-powered critical mineral exploration

Plus
Advanced fission reactor for low-cost nuclear power
Kairos Power
California
2016
$
0
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M
Undisclosed
How We Power Our Lives
Generation
Kairos Power

Advanced fission reactor for low-cost nuclear power

Plus
Blended wing body aircraft for passenger flights
Jet Zero
California
2020
$
79
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M
How We Move, Build + Live
Transportation
Jet Zero

Blended wing body aircraft for passenger flights

Plus
Copper extraction from abundant resources
Jetti Resources
Colorado
2014
$
168
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M
How We Create + Consume
Industry
Jetti Resources

Copper extraction from abundant resources

Plus
Transformative seed technology for greater productivity and sustainability
Inari
Massachusetts
2016
$
771
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M
How We Nourish + Grow
Food
Inari

Transformative seed technology for greater productivity and sustainability

Plus
Solid state transformer
Heron
California
2024
$
38
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M
How We Power Our Lives
Grid
Heron

Solid state transformer

Plus
Multi-day energy storage system, including an iron-air battery
Form Energy
West Virginia
2017
$
1,380
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M
How We Power Our Lives
Grid
Form Energy

Multi-day energy storage system, including an iron-air battery

Plus
Magneto-inertial nuclear fusion technology
Helion
Washington
2013
$
1,030
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M
How We Power Our Lives
Generation
Helion

Magneto-inertial nuclear fusion technology

Plus
Scalable domestic uranium enrichment
General Matter
California
2024
$
50
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M
How We Power Our Lives
Generation
General Matter

Scalable domestic uranium enrichment

Plus
24/7 carbon-free energy through development of next-generation geothermal projects
Fervo Energy
Texas
2017
$
1,030
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M
How We Power Our Lives
Generation
Fervo Energy

24/7 carbon-free energy through development of next-generation geothermal projects

Plus
Grid-responsive AI workload management
Emerald AI
District of Columbia
2024
$
25
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M
How We Power Our Lives
Grid
Emerald AI

Grid-responsive AI workload management

Plus
Clean hydrogen for industrial decarbonization
Electric Hydrogen
Massachusetts
2020
$
604
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M
How We Create + Consume
Industry
Electric Hydrogen

Clean hydrogen for industrial decarbonization

Plus
Clean iron for green steel
Electra
Colorado
2020
$
214
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M
How We Create + Consume
Industry
Electra

Clean iron for green steel

Plus
Clean fusion energy using high-temperature superconductor magnet technology
Commonwealth Fusion Systems
Massachusetts
2018
$
2,000
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M
How We Power Our Lives
Generation
Commonwealth Fusion Systems

Clean fusion energy using high-temperature superconductor magnet technology

Plus
Carbon removal through bio-oil sequestration
Charm Industrial
California
2018
$
126
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M
How We Create + Consume
Carbon
Charm Industrial

Carbon removal through bio-oil sequestration

Plus
Wafer-scale artificial intelligence processing platforms designed for machine learning training and inference
Cerebras Systems
California
2016
$
723
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M
How We Power Our Lives
Grid
Cerebras Systems

Wafer-scale artificial intelligence processing platforms designed for machine learning training and inference

Plus
Software to unlock grid capacity and accelerate new loads and clean energy
Camus
California
2019
$
29
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M
How We Power Our Lives
Grid
Camus

Software to unlock grid capacity and accelerate new loads and clean energy

Plus
AI + robotics for bee pollination
Beewise
California
2018
$
165
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M
How We Nourish + Grow
Agriculture
Beewise

AI + robotics for bee pollination

Plus
Home battery network powering residences and the grid
Base
Texas
2023
$
276
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M
How We Power Our Lives
Grid
Base

Home battery network powering residences and the grid

Plus
Compact fusion reactors
Avalanche Energy
Washington
2018
$
45
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M
How We Power Our Lives
Generation
Avalanche Energy

Compact fusion reactors

Plus
Comprehensive energy data platform and community solar software
Arcadia
Colorado
2014
$
658
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M
How We Move, Build + Live
Built Environment
Arcadia

Comprehensive energy data platform and community solar software

Plus
AI-powered waste and recycling sortation for landfill diversion and carbon sequestration
AMP Sortation
Colorado
2015
$
377
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M
How We Create + Consume
Industry
AMP Sortation

AI-powered waste and recycling sortation for landfill diversion and carbon sequestration

Plus
In-field biochar processing
Applied Carbon
Texas
2020
$
26
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M
How We Create + Consume
Carbon
Applied Carbon

In-field biochar processing

Plus
Carbon-negative power generation from waste biomass
Arbor
California
2022
$
13
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M
How We Power Our Lives
Generation
Arbor

Carbon-negative power generation from waste biomass

Plus
Ammonia cracking for electric power
Amogy
New York
2020
$
310
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M
How We Move, Build + Live
Transportation
Amogy

Ammonia cracking for electric power

Plus
Thermal batteries for zero-carbon industrial heat and power
Antora
California
2017
$
237
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M
How We Create + Consume
Industry
Antora

Thermal batteries for zero-carbon industrial heat and power

Plus

Year in
Review

Macro Trends Since Our Last Report

Big Tech x Energy

US Policy + Geopolitics

Shifting Investor Sentiment

Spotlight on Resilience

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