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§ Private Profile · Berkeley, CA, USA
Developer of solid-state thermoelectric generators converting industrial waste heat into electricity for heavy industry.
Based in Hayward, California, Alphabet Energy develops solid state thermoelectric generators that utilize advanced silicon nanowires to convert industrial waste heat into usable electricity with no moving parts. The company provides commercial hardware solutions, including its flagship E1 generator and PowerModules, to heavy industry, oil and gas, mining, and automotive sectors seeking to improve energy efficiency and reduce emissions. Before ceasing major operations around 2018, the enterprise reached a peak headcount of approximately 50 employees and raised over $30 million in total venture funding to scale its manufacturing capabilities. Its financial backing included a $23.5 million Series C round and earlier capital injections from recognizable corporate and venture entities such as Schlumberger, TPG Alternative and Renewable Technologies, Encana, and Claremont Creek Ventures. Alphabet Energy was founded in 2009 by Matthew Scullin and Peidong Yang.
Alphabet Energy has raised $52.0M across 5 funding rounds.
Alphabet Energy has raised $52.0M in total across 5 funding rounds.
Alphabet Energy has raised $52.0M across 5 funding rounds. Most recently, it raised $24.0M Series C in July 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2016 | $24M Series C | Schlumberger | SeaChange Fund, Wireframe Ventures, NAT Goldhaber, California Clean Energy Angel Fund, Claremont Creek Ventures, GM Ventures, Michael Babb, TPG | Announced |
| Mar 1, 2013 | $13M Series B | Vince Elenko | Piva Capital, SeaChange Fund, Wireframe Ventures, NAT Goldhaber, Calcef, Claremont Creek Ventures, TPG Biotech | Announced |
| Mar 8, 2012 | $2M Debt Financing | Hercules Capital | — | Announced |
| Sep 1, 2011 | $12M Series A | Geoff Duyk | Piva Capital, SeaChange Fund, Wireframe Ventures, NAT Goldhaber, Calcef, Paul Straub | Announced |
| May 1, 2010 | $1M Seed | Calcef, Paul Straub | SeaChange Fund, Wireframe Ventures, NAT Goldhaber | Announced |
Alphabet Energy has raised $52.0M in total across 5 funding rounds.
Alphabet Energy's investors include Schlumberger, SeaChange Fund, Wireframe Ventures, Nat Goldhaber, California Clean Energy Angel Fund, Claremont Creek Ventures, GM Ventures, Michael Babb, TPG, Vince Elenko, Piva Capital, CalCEF.
Alphabet Energy is a private cleantech company that develops thermoelectric waste-heat‑to‑electricity systems intended to turn industrial and transportation exhaust heat into usable power, reducing fuel use and emissions while providing remote and reliable power solutions[3][4]. Alphabet’s technology commercializes thermoelectric materials and modules—originally developed at Lawrence Berkeley National Laboratory—into products such as the E1 thermoelectric generator and modular PowerBlock/PowerModule systems used by energy‑intensive industries and remote oil & gas sites[1][3].
High-Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Overall, Alphabet Energy represents a lab‑origin cleantech company focused on making waste heat a practical, low‑cost source of electricity for industrial and remote applications by commercializing a silicon‑based thermoelectric platform and modular generator products[3][4].