FeX Energy Overview

  • Year Founded
  • 2023

Year Founded

  • Status
  • Private

  • Employees
  • 18

Employees

  • Latest Deal Type
  • Early Stage VC

  • Latest Deal Amount
  • $3.5M

  • Investors
  • 9

FeX Energy General Information

Description

Developer of thermochemical energy storage technology intended to convert electricity into stored thermal energy for industrial heat and power applications. The company develops iron-based energy storage, thermochemical energy storage with modular energy systems, industrial heat delivery, power delivery, and development partnership programs, enabling industrial operators, remote sites, and campuses to access sustained high-temperature heat and on-demand power.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 465 Rue McGill
  • Suite 700
  • Montreal, Quebec H2Y 2H1
  • Canada
Primary Industry
Energy Storage
Other Industries
Other Energy Services
Corporate Office
  • 465 Rue McGill
  • Suite 700
  • Montreal, Quebec H2Y 2H1
  • Canada

FeX Energy Timeline

202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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FeX Energy Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Early Stage VC 05-Sep-2025 $3.5M Completed Generating Revenue
6. Accelerator/Incubator 17-Jun-2025 Completed Generating Revenue
5. Grant Completed Generating Revenue
4. Accelerator/Incubator 10-Oct-2024 Completed Generating Revenue
3. Accelerator/Incubator Completed Generating Revenue
2. Accelerator/Incubator 01-Jan-2024 Completed Generating Revenue
1. University Spin-Out Completed Generating Revenue
To view FeX Energy’s complete valuation and funding history, request access »

FeX Energy Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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FeX Energy Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Amplify Capital Venture Capital Minority
Antares Ventures Venture Capital Minority
Fathom Fund Venture Capital Minority
Mining Innovation Commercialization Accelerator Accelerator/Incubator
Plug and Play Accelerator/Incubator Minority
You’re viewing 5 of 9 investors. Get the full list »

FeX Energy FAQs

  • When was FeX Energy founded?

    FeX Energy was founded in 2023.

  • Where is FeX Energy headquartered?

    FeX Energy is headquartered in Montreal, Canada.

  • What is the size of FeX Energy?

    FeX Energy has 18 total employees.

  • What industry is FeX Energy in?

    FeX Energy’s primary industry is Energy Storage.

  • Is FeX Energy a private or public company?

    FeX Energy is a Private company.

  • What is FeX Energy’s current revenue?

    The current revenue for FeX Energy is .

  • How much funding has FeX Energy raised over time?

    FeX Energy has raised $4.16M.

  • Who are FeX Energy’s investors?

    Amplify Capital, Antares Ventures, Fathom Fund, Mining Innovation Commercialization Accelerator, and Plug and Play are 5 of 9 investors who have invested in FeX Energy.

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