FundedIQ
Energy

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

Last Energy develops and delivers micro modular nuclear power plants designed to provide decarbonized, reliable energy through a full-service delivery model that spans design, construction, and operations. The company offers factory-produced modular plants, like its 20 MWe PWR-20 units, that can be deployed rapidly to serve energy-intensive industrial customers and utilities with baseload electricity and heat. Its services include long-term power purchase agreements that eliminate upfront capital for customers while enabling flexible siting and minimal resource requirements. Last Energy’s solutions support both behind-the-meter applications for industries and grid-scale energy projects for broader power delivery. The company integrates established reactor technology with its delivery process to help clients access consistent, carbon-free energy.

www.lastenergy.com LinkedIn Washington, United States 101-250 employees
Clean Energy Energy Energy Management Nuclear Renewable Energy Sustainability B2B
Total raised
$100M
Rounds
1
Latest
Series C
Dec 2025

Last Energy has raised $100M across 1 funding round on record, the most recent a Series C of $100M announced in Dec 2025.

That round is above the $14M median round size for Energy companies tracked on FundedIQ over the last two years.

Last Energy Company Profile and Key Stats

Total funding raised
$100M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series C
$100M in Dec 2025
Employees
101-250
reported band
Headquarters
Washington, United States

Latest funding round on record: Dec 2025.

Last Energy Funding Rounds

Date
Round
Amount
Series C
$100M

Last Energy Founders and Leadership Team

Name
Role
Contact
Bret Kugelmass
Founder

No contact details are on record for this team yet.

Last Energy Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$14M
29,878
$7.5M
1,836
$60M

Last Energy's latest round of $100M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Last Energy Funding FAQs

What does Last Energy do?

Last Energy develops and delivers micro modular nuclear power plants designed to provide decarbonized, reliable energy through a full-service delivery model that spans design, construction, and operations. The company offers factory-produced modular plants, like its 20 MWe PWR-20 units, that can be deployed rapidly to serve energy-intensive industrial customers and utilities with baseload electricity and heat. Its services include long-term power purchase agreements that eliminate upfront capital for customers while enabling flexible siting and minimal resource requirements. Last Energy’s solutions support both behind-the-meter applications for industries and grid-scale energy projects for broader power delivery. The company integrates established reactor technology with its delivery process to help clients access consistent, carbon-free energy.

How much funding has Last Energy raised?

Last Energy has raised $100M across 1 round on record. The most recent is a Series C of $100M announced in Dec 2025.

When did Last Energy last raise funding?

Last Energy's most recent funding round on record is a Series C of $100M, announced in Dec 2025.

Who founded Last Energy?

FundedIQ lists Bret Kugelmass (Founder) at Last Energy.

Where is Last Energy headquartered?

Last Energy is based in Washington, District of Columbia, United States.

How many employees does Last Energy have?

Last Energy is in the 101-250 employee band.

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

Last Energy's latest round of $100M is above the $14M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Last 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 Last Energy is left off this page rather than filled in.

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