Found Energy
Found Energy is an Advanced Metals & Metallurgy company founded in 2022 and based in Boston, United States. It has raised $12M in total funding, most recently a Seed in 2024.
Founded in 2022 by MIT-trained engineer and former JPL scientist Peter Godart with co-founder Gadi Ruschin, Found Energy is a Boston-based cleantech company that treats waste aluminum with a proprietary catalyst so it reacts with water to release hydrogen and high-grade heat on demand. The reaction leaves behind aluminum hydroxide, a precursor that smelters can recycle back into metal, closing the loop. Targeting hard-to-electrify heavy industry, long-haul transport and ocean freight, the company raised a $12 million seed round in 2024 (backed by JIMCO Technology Fund, Autodesk Foundation and Munich Re Ventures) and is preparing one of the largest real-world tests of aluminum as a zero-carbon fuel.
Activated aluminum stores energy at high density and reuses scrap, offering a portable clean-fuel pathway for industries that are difficult to decarbonize with batteries.
found.energy ↗·Advanced Metals & Metallurgy·
United States·private 
