Elcogen AS

Elcogen AS

Fuel cell and electrolyser manufacturer with presence in Estonia and Finland

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Investment size
£20m
Date announced
May 2022
Co-investors
Biofuel OÜ, VNTM Powerfund II
Category
Supply chain
Why invested

  • Amongst the world’s most advanced solid oxide specialists, with lower than-normal operating temperatures and superior economics
  • Developed a reversible ceramic technology that can convert hydrogen into emission-free electricity and vice versa
  • +10 year track record; over 60 established industrial customers worldwide
Visit Elcogen website