FundedIQ
Energy

Dragonfly Energy: Funding, Investors & Team (Sep 2026)

Dragonfly Energy is an innovation organization situated in Reno, Nevada, on the shores of the delightful Truckee River and directly down the slope from Lake Tahoe. Their center is lithium particle batteries. Why lithium particle batteries? Since they are the best energy stockpiling choice concerning cost, security, and attainability. Why energy capacity? Since reasonable and successful energy stockpiling is the bottleneck to the environmentally friendly power scene representing things to come. Dragonfly Energy sells standard lithium particle battery packs for use in a wide assortment of utilizations and produces custom packs for explicit undertakings. They are sending off with a line of 12 Volt Li-particle battery packs that are viable with existing 12 volt inverter, inverter chargers and converters. Also, Dragonfly Energy creates innovation for further developed lithium particle battery assembling and gathering strategies that will additionally lessen the expense for the end client. They want to empower the far and wide arrangement of this state of the art innovation to make green, environmentally friendly power accessible for everybody.

dragonflyenergy.com LinkedIn Reno, United States 1-10 employees
Automotive Battery Renewable Energy
Total raised
$206M
Rounds
4
Latest
Undisclosed round
May 2026

Dragonfly Energy has raised $206M across 4 funding rounds on record, the most recent an undisclosed round of $530k announced in May 2026.

That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

Dragonfly Energy Company Profile and Key Stats

Total funding raised
$206M
across 4 rounds on record
Funding rounds on record
4
1 with no disclosed amount
Latest funding round
Undisclosed round
$530k in May 2026
Employees
1-10
reported band
Headquarters
Reno, United States

Latest funding round on record: May 2026.

Dragonfly Energy Funding Rounds

Date
Round
Amount
Undisclosed round
$530k
Undisclosed round
$55.4M
Post-IPO Equity
$150M
Post-IPO Equity
Undisclosed

1 of 4 rounds was announced without a disclosed amount and is excluded from the total.

Dragonfly Energy announced a Post-IPO Equity in Jul 2022; the amount was not disclosed.

3 months later, a Post-IPO Equity of $150M was announced in Oct 2022.

3 years later, an undisclosed round of $55.4M was announced in Oct 2025.

7 months later, an undisclosed round of $530k was announced in May 2026.

Dragonfly Energy Founders and Leadership Team

Name
Role
Contact
Denis Phares
CEO

No contact details are on record for this team yet.

Dragonfly Energy Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
29,722
$7.5M

Dragonfly Energy's latest round of $530k is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Dragonfly Energy in Energy and Reno

Companies Similar to Dragonfly Energy

Ampaire is at the forefront of the Third Aviation Revolution, creating aircraft that are…

Series B $19.0M

Thea Energy is taking a faster approach to commercialize fusion energy. The company’s fusion systems will…

Series B

Form Energy develops and commercializes a low-cost battery system that can store wind and solar energy for a…

Series G $750M

LevelTen Energy is a company that offers a platform for renewable energy buyers, sellers, and advisors to…

Undisclosed round

Zeno is developing next-generation radioisotope power systems that generate carbon-free, resilient power for…

Undisclosed round $3.6M

Base Power is a contemporary energy company that focuses on backup battery systems for homes and electricity…

Series D $1.0B

Valar Atomics is a company focused on scaling nuclear energy beyond the traditional electricity grid.

Series B $1.0B

Antora Energy delivers zero-carbon industrial heat and power to heavy industries that are more reliable than…

Series C $550M

Commonwealth Fusion is a research company that develops energy through an inexhaustible power plant. It uses…

Undisclosed round $1.0B

Antares Industries is an advanced nuclear energy startup that designs and manufactures adaptable and scalable…

Series C $370M

WATT Fuel Cell Corporation is a developer and manufacturer of Solid Oxide Fuel Cell (SOFC) components and…

Undisclosed round

Gritt Robotics is utilizing AI and Robotics to automate the construction of renewable energy projects.

Series A $26.0M

Dragonfly Energy Funding FAQs

What does Dragonfly Energy do?

Dragonfly Energy is an innovation organization situated in Reno, Nevada, on the shores of the delightful Truckee River and directly down the slope from Lake Tahoe. Their center is lithium particle batteries. Why lithium particle batteries? Since they are the best energy stockpiling choice concerning cost, security, and attainability. Why energy capacity? Since reasonable and successful energy stockpiling is the bottleneck to the environmentally friendly power scene representing things to come. Dragonfly Energy sells standard lithium particle battery packs for use in a wide assortment of utilizations and produces custom packs for explicit undertakings. They are sending off with a line of 12 Volt Li-particle battery packs that are viable with existing 12 volt inverter, inverter chargers and converters. Also, Dragonfly Energy creates innovation for further developed lithium particle battery assembling and gathering strategies that will additionally lessen the expense for the end client. They want to empower the far and wide arrangement of this state of the art innovation to make green, environmentally friendly power accessible for everybody.

How much funding has Dragonfly Energy raised?

Dragonfly Energy has raised $206M across 4 rounds on record. The most recent is an undisclosed round of $530k announced in May 2026.

When did Dragonfly Energy last raise funding?

Dragonfly Energy's most recent funding round on record is an undisclosed round of $530k, announced in May 2026.

Who is the CEO of Dragonfly Energy?

Denis Phares is listed as CEO at Dragonfly Energy.

Where is Dragonfly Energy headquartered?

Dragonfly Energy is based in Reno, Nevada, United States.

How many employees does Dragonfly Energy have?

Dragonfly Energy is in the 1-10 employee band.

How does Dragonfly Energy's funding compare to other Energy startups?

Dragonfly Energy's latest round of $530k is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Dragonfly Energy Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Dragonfly Energy is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.