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Factor2 Energy

Factor2 Energy Revenue

Renewable EnergyFlag of DEDuisburg, North Rhine-Westphalia, Germany1-10 Employees

$

Factor2 Energy revenue & valuation

Annual revenue$769,995
Revenue per employee$86,000
Estimated valuation?$2,500,000
Total funding$9,100,000

Key Contacts at Factor2 Energy

Flag of DE

Michael Wechsung

Chief Technology Officer

Flag of DE

Felix Böhmer

Founder & Ceo

Company overview

HeadquartersBismarckstraße 142, Duisburg, 47057, DE
Website
NAICS22111
Founded2025
Employees1-10

About Factor2 Energy

Reimagining Geothermal Energy with CO₂ At Factor2 Energy, we are pioneering a new generation of geothermal technology. Our approach uses CO₂ as the working fluid in geothermal power generation – enabling emission-free, efficient, and baseload-capable electricity. By repurposing geological formations that either naturally contain CO₂ or are designated for carbon capture and storage (CCS), we transform passive storage sites into active, sustainable energy resources. Our technology leverages the unique thermophysical properties of CO₂ to unlock significantly more viable sites than conventional geothermal – without fracking, without new drilling technologies, and by building on existing infrastructure and know-how.

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Entry
C-Suite

Employees by Department

Factor2 Energy has 7 employees across 4 departments.

Departments

Number of employees

Funding Data

Explore Factor2 Energy's funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2025-10-193$9,100,000

Funding Insights

$9,100,000

Total funding amount

$9,100,000

Most recent funding amount

1

Number of funding rounds

Frequently asked questions

Factor2 Energy is located in Duisburg, North Rhine-Westphalia, DE.
Factor2 Energy generates an estimated annual revenue of $769,995. This revenue figure reflects the company's market position and business performance in its industry.
Factor2 Energy has an estimated valuation of $2,500,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
Factor2 Energy was founded in 2025, making it 1 years old. The company has established itself as a significant player in its industry over this time.
Factor2 Energy has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.
Factor2 Energy has raised a total of $9,100,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.

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