Tech Company Financing Transactions
Factor2 Energy Funding Round
Factor2 Energy, based in Duisburg, secured $9.1 million from At One Ventures, Gründerfonds Ruhr and High-Tech Gründerfonds.
Transaction Overview
Company Name
Announced On
9/19/2025
Transaction Type
Venture Equity
Amount
$9,100,000
Round
Undisclosed
Investors
Proceeds Purpose
THe company intends to use the funds to advance the technological development of its CO2-based geothermal power generation system and to develop a pilot power plant to demonstrate scalability.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Undisclosed
Duisburg, Undisclosed
Germany
Duisburg, Undisclosed
Germany
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
By utilizing geological formations that either naturally contain CO2 or are designated for carbon capture and storage (CCS), we transform what was once a passive storage site into an active, sustainable energy resource. The Factor2 system capitalizes on the favorable thermodynamic properties of CO2 and leverages existing infrastructure and industry expertise.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Felix Boehmer
Founder
Joerg Strohschein
Founder
Michael Wechsung
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