Internship
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Transforms aluminum waste into renewable hydrogen energy
Boston, MA, USA
Found Energy transforms aluminum waste into a renewable energy source, specifically targeting industries that rely on fossil fuels, such as shipping and transportation. The company provides modular Fuel Packs that generate clean hydrogen to power vessels. These Fuel Packs use low-quality aluminum scrap as input, and once spent, they are returned to Found Energy for restocking. This process allows shipping companies and port operators to reduce their carbon footprint while utilizing existing port infrastructure for installation and maintenance. Found Energy differentiates itself by offering a cost-effective solution that competes with fossil fuels in terms of price and energy density. The goal is to facilitate the clean energy transition and provide a sustainable alternative to fossil fuels in the shipping industry.
Company Stage
Seed
Total Funding
$11.7M
Headquarters
Boston, Massachusetts
Founded
2022
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Health & dental
20 days PTO, 11 holidays, & unlimited sick days
3+ months parental leave
stock options
professional development budget