RIFT: Funding, Investors & Team (Sep 2026)
We are not just a company; we’re pioneers on a mission, fueled by the vision of a sustainable future through clean, renewable energy. Our commitment shines through every step as we challenge traditional fossil fuel practices, actively forging a cleaner alternative. Our mission is simple yet impactful: decarbonize industrial heat, reducing 1 Gigaton of CO₂ annually from 2050 onwards, developing and deploying Iron Fuel Technology. Join us in this exciting journey towards a cleaner, greener tomorrow!
RIFT has raised $109M across 2 funding rounds on record, the most recent a Series B of $97.2M announced in Mar 2026.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
RIFT Company Profile and Key Stats
Latest funding round on record: Mar 2026.
RIFT Funding Rounds
RIFT raised $11.9M in a Series A announced in Oct 2024.
1.4 years later, a Series B of $97.2M was announced in Mar 2026.
RIFT Founders and Leadership Team
Contact details for the RIFT team: 1 has a LinkedIn profile.
Start 14-day free trial →RIFT Funding Compared to Other Energy Startups
RIFT's latest round of $97.2M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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RIFT Funding FAQs
What does RIFT do?
We are not just a company; we’re pioneers on a mission, fueled by the vision of a sustainable future through clean, renewable energy. Our commitment shines through every step as we challenge traditional fossil fuel practices, actively forging a cleaner alternative. Our mission is simple yet impactful: decarbonize industrial heat, reducing 1 Gigaton of CO₂ annually from 2050 onwards, developing and deploying Iron Fuel Technology. Join us in this exciting journey towards a cleaner, greener tomorrow!
How much funding has RIFT raised?
RIFT has raised $109M across 2 rounds on record. The most recent is a Series B of $97.2M announced in Mar 2026.
When did RIFT last raise funding?
RIFT's most recent funding round on record is a Series B of $97.2M, announced in Mar 2026.
Who founded RIFT?
FundedIQ lists Cagatay Koksal (Founder), Samee Siddiqui (Founder) at RIFT.
Where is RIFT headquartered?
RIFT is based in Eindhoven, Noord-Brabant, Netherlands.
How many employees does RIFT have?
RIFT is in the 11-50 employee band.
How does RIFT's funding compare to other Energy startups?
RIFT's latest round of $97.2M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's RIFT 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 RIFT is left off this page rather than filled in.
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