Celadyne

Chicago, United States Founded: 2018 • Age: 8 yrs
Develops advanced membranes for hydrogen fuel cells and electrolyzer efficiency in energy sectors.

About Celadyne

Celadyne is a company based in Chicago (United States) founded in 2018. It operates as a B2B. Celadyne has raised $4.6 million across 4 funding rounds from investors including Shell, Dynamo Ventures and Maniv Mobility. The company has 8 employees. Celadyne offers products and services including Celadyne Duraâ„¢, Celdyne Electraâ„¢, and Project Tera. Celadyne operates in a competitive market with competitors including Amprius Technologies, Nanoramic, A123 Systems, StoreDot and NanoOne, among others.

  • Headquarter Chicago, United States
  • Employees 8
  • Sectors
    Energy & Utilities
  • Website celadynetech.com
  • Social LinkedIn X
  • Legal Name Celadyne Technologies Inc.
Key Metrics
  • Total Equity Funding
    $4.6M (USD)

    in 4 rounds

  • Latest Funding Round
    $4.5M (USD), Seed

    Feb 2024

  • Investors
    Shell

    & 5 more

  • Employee Count
    8

Products & Services of Celadyne

Celadyne offers a comprehensive portfolio of products and services, including Celadyne Dura™, Celdyne Electra™, and Project Tera.

Celadyne Dura™
Proton Exchange Membrane

Reduces hydrogen crossover by over 50% for durable fuel cells.

Celdyne Electra™
Electrolyzer Membrane

Increases electrolyzer efficiency by 15% and enhances safety.

Project Tera
Collaborative Initiative

Co-creates tailored electrolyzer solutions for steel and energy infrastructure.

Funding Insights of Celadyne

Celadyne has successfully raised a total of $4.6M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $4.5 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $4.6M
  • Total Rounds 4
  • Last Round Seed — $4.5M
  • First Round $100,000

    (Jan 2019)

  • Investors Count 6

All 4 funding rounds of Celadyne with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2024$4.5MSeed–Dynamo, Maniv Mobility
Apr 2021–Seed––
May 2020$225,000Grant––
Jan 2019$100,000Seed–Sputnik ATX
–
Valuation history

6 investors in total: 6 institutional.

Investors in Celadyne

Celadyne has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Shell, Dynamo Ventures and Maniv Mobility.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage US tech startups are invested in by Dynamo.
–dynamo.vcChattanooga, United States
Early-stage tech and offline focused VC firm investing in Israel and the US
–maniv.comTel Aviv, Israel
Venture capital fund backed by the US Government
–seedfund.nsf.govAlexandria, United States
A venture capital and accelerator program for startups is operated.
–sputnikatx.comAustin, United States
Eastern Pacific Shipping is recognized as a leading ship management company.
–epshipping.com.sgSingapore, Singapore
Shell is recognized as a global energy and petrochemical company.
1907shell.comLondon, United Kingdom
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Investor details for Celadyne

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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Timeline of Celadyne

3 dated milestones of Celadyne across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Celadyne is founded.
  2. Funding First funding round of $100K.
  3. Funding Latest funding round, Seed, of $4.5M.

Competitors of Celadyne

Celadyne operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amprius Technologies, Nanoramic, A123 Systems, StoreDot and NanoOne, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
amprius.com2009Fremont, United States$55M64
Silicon nanowire-based Li-Ion batteries are developed for high energy density.
nanoramic.com2009Boston, United States–66
Nanotech-based electrode materials for supercapacitors are provided.
a123systems.com2001Hangzhou, China$201.26M886
Lithium-ion batteries for automotive and industrial uses are manufactured.
store-dot.com2012Herzliya, Israel$226M–
Fast-charging lithium batteries for electric vehicles are developed and manufactured.
nanoone.ca1987Burnaby, Canada–132
Nanotech-based cathode materials for lithium batteries are developed.
ecolectro.com2015Ithaca, United States$26.11M–
Low-cost conductive alkaline polymer membranes for fuel cells are developed.
loopenergy.com2013Burnaby, Canada–134
Hydrogen fuel cells for heavy-duty vehicles are developed.
pajaritopowder.com2012Albuquerque, United States$14.77M–
Precious-metal-free catalysts and carbon supports for fuel cells are manufactured.
ionomr.com2017Vancouver, Canada$38M–
Ion-exchange membranes are developed for electrochemical applications.
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Detailed competitors of Celadyne

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Celadyne

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Complete news archive for Celadyne

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  • Full article archive
  • Source and publication date
  • Older coverage
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Similar companies to Celadyne

10 companies that operate in the same segment as Celadyne (Hydrogen & Alternative Fuel Systems), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ammonia-based fertilizers and fine chemicals are manufactured and marketed.
2014Madrid, Madrid, Spain–––
Provider of EV charging solution
–Shanghai, ChinaUSD 4.81 M––
Limited information is available on Electriq's core activities.
2018Tirat Carmel, Haifa District, Israel–––
Offers strategic consulting for e-Mobility, Energy, Utilities, and Transport.
2010Nagpur, Maharashtra, India–USD 396.81 K–
Hydrogen storage solutions and production technologies are developed and produced.
2021–USD 93.09 M––
Hydrogen and electricity are generated from water via innovative processes.
2024Raleigh, North Carolina, United StatesUSD 659.11 K––
Venture capital firm investing in technology-driven innovations and partnerships in India.
2021Bengaluru, Karnataka, India–––
Hydrogen gas turbines are manufactured for energy and power sectors.
2015–USD 7.3 M––
Independent Hydropower producer
2007Noida, Uttar Pradesh, India–––
Power generation and energy projects in India focusing on thermal and renewable sources.
1994Mumbai, Maharashtra, India–USD 382.48 M51
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Frequently Asked Questions about Celadyne

Celadyne was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Celadyne is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Celadyne is a funded company, having raised a total of $4.6M across 4 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Jan 2019.

Celadyne has 8 employees.

Celadyne specializes in innovative membrane technology to enhance hydrogen fuel cells and electrolyzers, reducing crossover and improving safety. Based in Chicago, USA, the company serves defense, industrial, and transportation sectors by providing durable, efficient solutions for low-carbon products. Their work addresses global emissions through partnerships and collaborations, focusing on sustainable logistics and energy resilience.

Celadyne's top competitors include Nanoramic, StoreDot and Amprius Technologies.

Celadyne offers Celadyne Duraâ„¢, Celdyne Electraâ„¢, and Project Tera.

Celadyne has 6 investors. Key investors include Shell, Dynamo Ventures, Maniv Mobility, Eastern Pacific Shipping, and America’s Seed Fund.

Celadyne operates through Celadyne Technologies Inc..

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