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RIFT

RIFT

Private
EindhovenEnergy & Sustainabilityhttps://www.ironfueltechnology.com/

Last Round

Grant

Mar 3, 2026

Total Funding Raised

$63.6M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

RIFT is a cleantech company that provides a circular iron fuel technology for decarbonizing industrial heat.

Sector

Energy & Sustainability

Verticals

Alternative Fuels, Energy Storage, Circular Economy, Clean Manufacturing

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

iron fuelindustrial heatcircular energymetal fuelcarbon-neutral heatiron powder combustiondecarbonization technologyindustrial boilerclean heatrenewable fuelenergy storagethermal energymetal powder fuelzero-emission heat

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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RIFT Comparables

Compare RIFT with similar companies based on industry and business-model similarity.

RIFT comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Altiro Energy
85%
Rondo Energy
80%
Found Energy
77%

RIFT Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantMar 3, 2026
Series AOct 17, 2024
Series AOct 17, 2024
SeedNov 11, 2022
SeedOct 1, 2022

Key People

Founding team and executive leadership

Mark Verhagen

Co-Founder CEO

Founding Team

Tim Janssen

Scale-up CFO At RIFT (Renewable Iron Fuel Technology)

Executive Team

Aron Damen

Chief Operating Officer

Executive Team

RIFT Investors

Notable investors and investment history

RIFT investors
InvestorRounds
Brabantse Ontwikkelings MaatschappijSeed, Series A, Grant
Invest-NLSeries A, Grant
PGGMSeries A, Grant
Breakthrough Energy FoundationSeed
Rubio Impact VenturesSeed, Series A, Grant
Oost NLSeries A, Grant
Rotterdam Energy Transition FundSeed, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 10, 2026

    Open roles increased to 145, 2x the trailing average.

  • Jul 20, 2026

    Open roles increased to 142, 6.1x the trailing average.

RIFT Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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RIFT Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about RIFT's valuation, stock price, and market status.

Firmographic Details

HeadquartersEindhoven
Employee Range101
Year Founded2020
Last FundingMar 3, 2026

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