Factor2 Energy
factor2-energy.com
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Overview
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Salaries
Products
People
Growth
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Financials
Funding and backers
Total raised
$9.1M
1 round on record
Latest round
$9.1M
Seed · Sep 2025 · 13 mo ago
Team
11-50
employees, estimated range
Backers
3
High-Tech Gründerfonds, At One Ventures
The money's age
Due for its next round
13 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Seed | Sep 2025 | $9.1M | — | gruenderfonds-ruhr.com |
Registers and programsofficial lists and records that name the company
| Legal entity | Factor2 Energy GmbH | its site |
| Registered | 19 Mar 2025 |
Founders and leadersfrom filings, registers and the company's site
Felix BöhmerManaging Directorscompany's site
Jörg StrohscheinManaging Directorscompany's site
Michael WechsungManaging Directorscompany's site
Backed byfrom the funds' portfolios and accelerator catalogs
High-Tech Gründerfonds 
At One Ventures 
Gründerfonds Ruhr Investors in similar startupsfunds that back the companies most like this one
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News
CO₂ statt Wasser: Startup will Geothermie-Strom verdoppeln
Factor2 Energy nutzt CO₂ für Tiefengeothermie. Das soll mehr Strom liefern und lässt sich mit CO₂-Speicherung (CCS) kombinieren.
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Start-up aus Duisburg erhält Millionen aus den USA: Woran das Team arbeitet
Ein kleines Start-up aus Duisburg will mit einer revolutionären Idee zur Geothermie die Energiewende vorantreiben. Was sie komplett anders machen.
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Factor2 Energy: $9.1 Million Closed For Advancing Geothermal Power Systems
Factor2 Energy, a company located in Duisburg, Germany, is making significant strides in the field of geothermal energy. Recently, the company announced that it has completed its seed funding round, raising $9.1 million in venture capital. This funding ro
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Deutschland: Dieses Start-up revolutioniert Geothermie mit neuer Technologie
Die Siemens-Energy-Ausgründung Factor2 Energy forscht an einer Technologie, die Geothermie dort ermöglichen soll, wo es keine Vulkane oder heißen Quellen gibt. Und sammelt nun Millionen ein.
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Factor2 Energy Raises US$9.1M to Unlock Scalable Geothermal Power from Geologically Stored CO₂
Factor2 Energy, a German (Duisburg) company with a novel approach to geothermal energy, today announced the successful completion of its seed funding round, raising US$9.1 million in venture capital.
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People
Felix Böhmer
Managing Directors
Jörg Strohschein
Managing Directors
Michael Wechsung
Managing Directors
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data
Financials
Total raised
$9.1M
Latest round
Seed
Funding rounds
1
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Seed | 2025 | $9.1M | Details |