Top 3 Environmental Engineering Unicorns in 2024

Updated:

January 22, 2024

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Unicorns

The Environmental Engineering industry is filled with successful companies that have raised millions of dollars in VC funding that came from some of the top investors in the world.

Many of these successes have turned into unicorns — private companies worth over $1 billion.

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If you want to build the next unicorn in the Environmental Engineering space, these 3 companies should be your inspiration.

3 Environmental Engineering Unicorns Companies

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1,190 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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1) Helion Energy

Helion Energy is a fusion power company that is developing the world's first fusion generators to enable an unlimited supply of clean energy in the future.

Details of the startup:

  • Valuation: $3.50B (November 2021)

  • Country: United States

  • State: Washington

  • City: Everett

  • Started in: 2013

  • Founders: Chris Pihl, David Kirtley, George Votroubek, John Slough

  • Number of employees: 101-250

  • Funding: $577.76M

  • Funding rounds: 7

  • Number of investors: 6

You can find their website here.

2) First Mode

First Mode assists governments, businesses, and individuals in identifying and replacing equipment that emits glasshouse gases.

Details of the startup:

  • Valuation: $1.50B (December 2022)

  • Country: United States

  • State: Washington

  • City: Seattle

  • Started in: 2018

  • Founders: Joshua Weiss, Krunal Desai, Maggie Scholtz, Rhae Adams, Riley Chapin

  • Number of employees: 251-500

  • Funding: $8.75M

  • Funding rounds: 2

  • Number of investors: 2

You can find their website here.

3) Source

Source is a developer and manufacturer of solar-powered devices that extract drinkable water from the environment.

Details of the startup:

  • Valuation: $1.16B (April 2022)

  • Country: United States

  • State: Arizona

  • City: Scottsdale

  • Started in: 2014

  • Founders: Cody Friesen

  • Number of employees: 101-250

  • Funding: $364.41M

  • Funding rounds: 9

  • Number of investors: 15

You can find their website here.