Celadyne

Chicago, United States Founded: 2018 • Age: 8 yrs
Develops advanced membranes for hydrogen fuel cells and electrolyzer efficiency in energy sectors.
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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 as of December 31, 2022. Celadyne offers products and services including Celadyne Dura™, Celdyne Electra™, 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 as on 31 Dec, 2022
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Celadyne Technologies Inc.
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.6 M (USD)

    in 4 rounds

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

    Feb 15, 2024

  • Investors
    Shell

    & 5 more

  • Employee Count
    8

    as on Dec 31, 2022

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Products & Services of Celadyne

Celadyne offers a comprehensive portfolio of products and services, including Celadyne Dura™, Celdyne Electra™, and Project Tera. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

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

Increases electrolyzer efficiency by 15% and enhances safety.

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
  • Total Rounds 4
  • Last Round Seed — $4.5M
  • First Round

    (29 Jan 2019)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2024 Amount Seed - Celadyne Valuation Dynamo , Maniv Mobility
EPS
Apr, 2021 Amount Seed - Celadyne Valuation

investors

May, 2020 Amount Grant - Celadyne Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage US tech startups are invested in by Dynamo.
Founded Year Domain Location
Early-stage tech and offline focused VC firm investing in Israel and the US
Founded Year Domain Location
Venture capital fund backed by the US Government
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Celadyne

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Celadyne

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Celadyne Comparisons

Employees
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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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Silicon nanowire-based Li-Ion batteries are developed for high energy density.
domain founded_year HQ Location
Nanotech-based electrode materials for supercapacitors are provided.
domain founded_year HQ Location
Lithium-ion batteries for automotive and industrial uses are manufactured.
domain founded_year HQ Location
Fast-charging lithium batteries for electric vehicles are developed and manufactured.
domain founded_year HQ Location
Nanotech-based cathode materials for lithium batteries are developed.
domain founded_year HQ Location
Low-cost conductive alkaline polymer membranes for fuel cells are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Celadyne

Frequently Asked Questions about Celadyne

When was Celadyne founded?

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

Where is Celadyne located?

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

Is Celadyne a funded company?

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 Grant of $225K, raised on Jan 29, 2019.

How many employees does Celadyne have?

As of Dec 31, 2022, the latest employee count at Celadyne is 8.

What does Celadyne do?

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.

Who are the top competitors of Celadyne?

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

What products or services does Celadyne offer?

Celadyne offers Celadyne Dura™, Celdyne Electra™, and Project Tera.

Who are Celadyne's investors?

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

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