replacing diesel generators with patented fuel cell technology
Business Model:
Revenue: $0
Employees: 11-50
Address:
City: Munich
State: Bayern
Zip:
Country: Germany
Siqens is a German start-up which provides self-sufficient energy systems. The company combines solar power and batteries with a small fuel cell to achieve total self-sufficiency. Siqens developed the fuel cell, which bridges the gap between solar or wind energy provision. After carrying out substantiated research and development and multiple field tests, the company is now preparing to enter the market. In 2012, Siqens received the f-cell award for its new technological approach to fuel cell technology. In the spring of 2015, Siqens was chosen by a European Union commission of experts, as one of very few German companies, as a recipient of the ‘Horizon 2020/SME Instrument’ funding programme. With this programme, the EU honours leading innovators and financially supports the development of excellent technical innovations into marketable products.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 5/2018 | Grant | 1 | $2.8M |
EASME - EU Executive Agency for SMEs EASME - EU Executive Agency for SMEs |
10/2013 | Venture Round | 2 | - |
ERP Startfonds VNT Management ERP Startfonds VNT Management |
10/2013 | Venture Round | 2 | - |
ERP Startfonds VNT Management ERP Startfonds VNT Management |
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