Funding

Clean Tech Startup Teragen Energy Raises $6M in Pre-Seed Funding

Aug 27, 2026 | By Devin Jacobs

SUMMARY

Teragen Energy raised $6M in Pre-Seed funding.
The funding will support technology and manufacturing.
Teragen Energy develops clean power systems.

Teragen Energy, a Southborough, MA-based developer of solid oxide fuel cell power systems, has raised $6 million in a Pre-Seed funding round co-led by BEVC and Energy Capital Ventures.

The round also saw participation from AP Ventures, AIC Ventures, Massachusetts Clean Energy Center (MassCEC), and UntroD Capital Asia.

The funding will support technology development, testing, manufacturing, hiring, and commercial pilot deployments.

Funding Snapshot

Metric	Details
Fundraise Amount	$6 million
Funding Stage	Pre-Seed
Valuation	Not disclosed
Company	Teragen Energy
Sector	CleanTech / Energy
Headquarters	Southborough, Massachusetts, USA
Lead Investors	BEVC, Energy Capital Ventures

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About Teragen Energy

Founded by Ruofan Wang, Joshua Persky and Emerson Reiter, Teragen Energy develops solid oxide fuel cell systems designed to provide reliable and cleaner power for data center's industrial facilities and utilities.

The company's technology is based on innovations from Berkeley Lab and was co-invented by CEO Dr. Ruofan Wang.

Core offerings include:

Solid oxide fuel cell systems
Distributed power generation
Onsite power solutions
Fuel flexible energy systems
Energy storage and carbon capture configurations

Core Technologies / Products / Services

Capability/Product	Application/Use Case
Solid Oxide Fuel Cells	Reliable onsite power generation
Fuel-Flexible Technology	Supports different fuel sources
High Power Density	Enables smaller distributed power systems
Energy Storage	Optional energy storage applications

Leadership Comments

"Today's society runs on electricity, and tomorrow's even more so," said Dr. Ruofan Wang, CEO of Teragen Energy. "By redefining what a fuel cell can do, Teragen Energy can drive down both electricity costs and emissions without sacrificing reliability."

"Teragen Energy's next generation fuel cell technology holds promise to play a key role in addressing the energy trilemma offering a lower carbon, reliable, dynamic power solution with compelling economics," said Joshua James, Investor at BEVC.