Companies · Other Energy

Malta Inc.

CAMBRIDGE · Other Energy

Diligence memoA one-page analyst read on Malta Inc. — recommendation, valuation, rhythm, risks.
$106.5M
Total raised · real
3
Rounds
1.1×
Latest step-up
Top 6%
Sector rank · raised
Series C
Latest stage · inferred · Tue Dec 30 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Malta Inc. looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the energy sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.52× the median modeled value of Series C Other Energy companies in 2025–2027 (17 peers) — value vs value, same stage and era.
Active
  • Last raise 6 mo ago; this sector typically re-raises about every 12 months.
  • Raising on or ahead of the sector's normal rhythm.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Energy

Malta Inc. is one of 2048 Other Energy companies tracked from CAMBRIDGE. By capital raised it ranks among the largest (ahead of 95% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
2
Investors (latest)
2025-12-30
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BSeries C · 2021-02-12 Raised $51M (real) Modeled valuation $554M (est)$51M$554MSeries C2021Series C · 2021-02-12 Raised $61M (real) Modeled valuation $665M (est)$61M$665MSeries C2021Series C · 2023-11-29 Raised $22M (real) Modeled valuation $156M (est)$22M$156MSeries C2023Series C · 2025-12-30 Raised $24M (real) Modeled valuation $128M (est)$24M$128MSeries C2025+$61M+$22M+$24MCumulative $157M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series C$50.7M · 2021
Series C extension$60.9M · 2021
Series C extension$21.6M · 2023
Series C extension$24.0M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$127.6M
Base estimate est.
$88.1M
Conservative case
$157.8M
Upside case
$159.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Series C · modeled $554.0M · 2021-02-122021Series C · modeled $665.4M · 2021-02-12Series C · modeled $156.4M · 2023-11-29Series C · modeled $127.6M · 2025-12-302025
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
74%
Survival probability
55% low · 86% high
1.16×/yr
Annual markup
1.33×/yr upside case
0.5 yr
Elapsed time used
0.5 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
20 mo
Avg between rounds
$21.8M/yr
Capital velocity
5.4 yr
On record since
2021
First round
4
Rounds on file
How it compares to the market

Benchmarked against 2048 companies in Other Energy. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 31× above median
This company$106.5M
Sector median$3.4M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.5× of median
This company$24.0M
Sector median$47.0M
Modeled value — vs sector median (estimate, all stages) 7.5× above median
This company$127.6M
Sector median$17.0M

Raised more than 95% of sector peers (real $). Modeled value above 86% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #11 of 17.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Cig Ds1, Llc · Series C Raised $70.0M · modeled $381.6M (est)Electra Battery Materials Corp · Series C Raised $111.3M · modeled $377.8M (est)Z-GEO Holdings, LLC · Series C Raised $60.0M · modeled $354.9M (est)Natron Holdings, Inc. · Series C Raised $55.4M · modeled $329.0M (est)Ludvik Electric Co · Series C Raised $60.0M · modeled $328.8M (est)Antares Nuclear, Inc. · Series C Raised $86.7M · modeled $284.0M (est)Nuclear Co · Series C Raised $46.3M · modeled $276.2M (est)Cig Ds2, Llc · Series C Raised $45.5M · modeled $247.0M (est)Standard Nuclear, Inc. · Series C Raised $159.0M · modeled $244.7M (est)Ga Drilling Holding, Co. · Series C Raised $82.7M · modeled $208.4M (est)Bioleum Corp · Series C Raised $106.7M · modeled $116.6M (est)Malta Inc. (this company) Raised $106.5M · modeled $127.6M (est)Malta Inc.
CompanyStageRaised · realValue · estvs peer med.
Cig Ds1, LlcSeries C$70.0M$381.6M1.56×
Electra Battery Materials CorpSeries C$111.3M$377.8M1.54×
Z-GEO Holdings, LLCSeries C$60.0M$354.9M1.45×
Natron Holdings, Inc.Series C$55.4M$329.0M1.34×
Ludvik Electric CoSeries C$60.0M$328.8M1.34×
Antares Nuclear, Inc.Series C$86.7M$284.0M1.16×
Nuclear CoSeries C$46.3M$276.2M1.13×
Cig Ds2, LlcSeries C$45.5M$247.0M1.01×
Standard Nuclear, Inc.Series C$159.0M$244.7M1.00×
Ga Drilling Holding, Co.Series C$82.7M$208.4M0.85×
Malta Inc. this companySeries C$106.5M$127.6M0.52×
Bioleum CorpSeries C$106.7M$116.6M0.48×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series C$50.7M2021-02-12$338.0M$554.0M90%
Series C$60.9M2021-02-12$406.0M$665.4M90%
Series C$21.6M2023-11-29$144.1M$156.4M90%
Series C$24.0M2025-12-30$159.9M$127.6M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series C$50.7M2021-02-12
    • First recorded raise — entered as Series C.
    • 4 investors on this round.
  2. Series C$60.9M2021-02-12
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  3. Series C$21.6M2023-11-29
    • Raised again after 34 mo — slower than the ~12 mo sector norm.
    • Round 2.8× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  4. Series C$24.0M2025-12-30
    • Raised again after 25 mo — slower than the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 2 investors on this round.
Intelligence
2027 ~Q3
Modeled next raise · ~20mo cadence
$26.6M
Modeled next size est.range $24.0M$42.6M
1.1×
Last step-up
$21.8M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Michael Idelchik1 other2021-02
Alexandra Pruner2023-11
Alex Syed2021-02
Gonzalo Santos Zubiria2025-12
Jeannine Sargent2021-02
Jesus Santos Egea2025-12
Phil Delleville2025-12
Ramya Swaminathan2021-02
Steve Hirsh2021-02
Registry & provenance

Malta Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1748978
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Bioleum CorpOther EnergySeries C$106.7M$116.6Msame sector · same stage
Ring-neck Energy & Feed, LLCOther EnergySeries C$102.5M$53.9Msame sector · same stage
Gold Holdings, LlcOther EnergySeries C$126.3M$119.7Msame sector · same stage
Quaise Energy, Inc.Other EnergySeries C$83.1M$94.7Msame sector · same stage
Ga Drilling Holding, Co.Other EnergySeries C$82.7M$208.4Msame sector · same stage
Wind Power Holdings IncOther EnergySeries C$79.4M$53.4Msame sector · same stage
Viridi Parente, Inc.Other EnergySeries C$148.2M$104.9Msame sector · same stage
Eos Energy Enterprises, Inc.Other EnergySeries C$73.0M$70.7Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
MG Nitrogen Investment LLCOther EnergySeries A$137.7M84%
MMEX Resources CorpOther EnergySeed$12.1M84%
PasCal Technologies, Inc.Other EnergySeries A$37.0M84%
Elementl Power Inc.Other EnergySeries A$22.4M84%
Novasource Power Holdings, Inc.Other EnergySeries C$877.4M83%
Oceanic Iron Ore CorpOther EnergySeed$7.9M83%
Sirius Energy Group Inc.Other EnergySeries A$35.1M83%
Magnelan Partners LLCOther EnergyPre-Seed$4.8M82%
Frequently asked
How much funding has Malta Inc. raised?
Malta Inc. has raised approximately $106.5M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Malta Inc.'s estimated valuation?
Provath's modeled valuation for Malta Inc. is approximately $127.6M (modeled range $88.1M–$157.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Malta Inc. at?
Malta Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Tue Dec 30.
What does Malta Inc. do and where is it based?
Malta Inc. operates in the Other Energy sector, based in CAMBRIDGE.
Explore related

See where Malta Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Malta Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.