COMPANY PROFILE

Nodal Power

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The next generation of renewable power producers

Salt Lake City, United StatesFounded 2021Energy

Valuation $50–100M Last recorded · 2023

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Nodal Power

Nodal Power is an innovative company specializing in converting landfill gas into renewable energy, primarily serving the energy and cryptocurrency markets. The company operates in the renewable energy sector, focusing on underutilized landfill gas resources to generate electricity. Nodal Power's business model leverages its patent-pending technology to optimize energy sales and datacenter compute loads, including Bitcoin mining. This dual approach allows the company to maximize revenue per kilowatt-hour (kWh) through grid sales and cryptocurrency mining. The company serves landfill owners and operators, energy service providers, and the cryptocurrency market. Nodal Power generates revenue by selling electricity to the grid and through Bitcoin mining operations. The company is headquartered in Salt Lake City, Utah, and is expanding its operations both nationally and internationally.

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At a glance

Status: Operational
Founded: 2021
Headquarters: Salt Lake City, United States
Employees: 8
Open positions: None listed
Dealroom signal: 55.6/100
Industry: Energy
Sub-industry: Clean Energy, Energy Providers, Waste Solution
Sector: Energy, Sustainable Development Goals, Climate Tech, Waste to Energy, Methane, Renewable Energy, Hard Tech
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SEED✓Equity / VC	Aug 2023	$13M	$52M	Shaun McBride · Reno Mendenhall · Beau Oyler · Kirk Ouimet	↗

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Growth signals

Nodal Power website traffic

Latest recorded traffic for Nodal Power is 1.7K monthly website visits, up 136.1% over the last three months. Nodal Power's team grew 0% over the past year.

Latest monthly visits1.7K 3-month web change+136.1% 1-year team growth0%

Monthly website visitsAug 2023–Jul 2026

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