Vespene Energy is a Berkeley, CA-based methane mitigation company that installs highly efficient micro-turbines on municipal landfills to convert waste methane into electricity. The company positions itself as a methane mitigation provider, a low energy cost Bitcoin mining operator, and a long-term renewable energy infrastructure developer. Its technology is immediately deployable and designed to be highly scalable, enabling municipal landfill operators to monetize an otherwise stranded asset. Vespene plans to use its generated electricity for on-site uses, with the company’s first application being Bitcoin mining data-centers. The company intends to use proceeds from its recent fundraise to launch a pilot site in California. CEO Adam Wright leads the company’s efforts to reduce greenhouse gas emissions while developing revenue-generating landfill projects.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2022