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Clean Energy Systems

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Nables cleaner and more efficient co-generation of power, steam, water, and CO2 and offers the world a new perspective on the way we assess the value of natural resources

Rancho Cordova, United StatesFounded 1993Energy
Valuation $100–250M Last recorded · 2021
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Clean Energy Systems and the history behind them.

About Clean Energy Systems

Clean Energy Systems (CES), founded in 1993, is a developer of zero-emission power generation technology. The firm was initially established by an informal team assembled by Rudi Beichel, which included professionals with backgrounds in chemical engineering, law, and aeronautics. Over the years, the company has transitioned its focus toward manufacturing and providing solutions for the energy industry, a shift solidified by leaders like former President and CEO Keith Pronske, who has an extensive background in the energy sector, including a B.S. in Mechanical Engineering and an M.B.A. The current CEO is Mark McGough.

The company's core business revolves around adapting proven rocket engine combustion principles for cleaner and more efficient energy generation. CES specializes in oxy-fuel combustion, a process that uses oxygen and various fuels to generate power, with water and carbon dioxide as the primary byproducts, resulting in zero atmospheric emissions. This technology is engineered to make fossil fuel-based power plants practical and clean by capturing the CO2 effluent completely while eliminating SOx and NOx emissions. CES targets clients in industrial processes and electrical power generation, offering a pathway to profitably use fuels that might otherwise be uneconomical. The business model involves designing, manufacturing, and supporting these custom systems.

CES's product portfolio is centered on its patented oxy-fuel combustion technology. Key offerings include steam and CO2 generators (20-200 MW), drive gas reheaters, and expander turbines (30-150 MWe). These components are designed for applications such as zero-emissions power plants (ZEPPs), enhanced oil recovery, and expanding natural resource assets. The company provides comprehensive support services, including a proprietary Burner Management System (BMS) for equipment monitoring and optimization. CES also offers applications engineering to tailor solutions for specific customer needs, from initial site assessments and custom programming to installation, testing, and ongoing maintenance.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1993
Headquarters
Rancho Cordova, United States
Employees
28
Open positions
None listed
Dealroom signal
29.9/100
Industry
Energy
Sub-industry
Clean Energy, Oil & Gas
Sector
Energy, Sustainable Development Goals, Climate Tech, Point Source, Hard Tech
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
FundingOther financing Jan 2023 $0 — Metal One ↗
SERIES AOther financing Sep 2021 $15M $150M Carbon Capital Management —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Clean Energy Systems website traffic

Latest recorded traffic for Clean Energy Systems is 2.5K monthly website visits, up 180.9% over the last three months. Clean Energy Systems's team declined 17.6% over the past year.

Latest monthly visits2.5K 3-month web change+180.9% 1-year team growth-17.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Quadrise Canada Corporation
  • Paxton Corporation
  • Carbon Capital Management

Series B and later1 investor entered at this stage

  • US Department of Energy

Other known investors1 additional known investor

  • Metal One
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States92.3%
🇳🇴 Norway7.7%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Clean Energy Systems on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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