Mainspring Energy Inc. has secured $258 Million in a Series F financing round to expand its linear generator business. The funding was led by General Catalyst and aims to enhance the company's manufacturing and customer sales capabilities.
Apr 14, 2025•4 months ago
Amount Raised
$258 Million
Menlo ParkEnergyInvestors
Gates FrontierKhosla VenturesLgt BankLightrockPictet GroupM&G InvestmentsMarunouchi Innovation PartnersTemasekDcvcAmazon's Climate Pledge FundGeneral Catalyst
Description
Mainspring Energy Inc. announced today that it has secured $258 Million in a Series F financing round to expand the company's linear generator power business and operations. The round was led by General Catalyst, joined by several notable investors including Amazon's Climate Pledge Fund and DCVC. The financing will support the company's growth in manufacturing and customer sales
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
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