About Corre Energy
Corre Energy is a company based in Groningen (Netherlands) founded in 2018. Corre Energy has raised $35.98 million across 3 funding rounds from investors including European Union and FIEE SGR. Corre Energy operates in a competitive market with competitors including Hydrogenious LOHC Technologies, Hydrexia, H2Go Power, HDF Energy and Noble Gas Systems, among others.
- Headquarter Groningen, Netherlands
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Corre Energy Aps
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Annual Revenue
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Net Profit
-$1.39 M (USD)0as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$35.98 M (USD)
in 3 rounds
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Latest Funding Round
$11.62 M (USD), Series B
May 26, 2022
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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People of Corre Energy
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Funding Insights of Corre Energy
Corre Energy has successfully raised a total of $35.98M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $11.62 million completed in May 2022. 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 Funding
- Total Rounds 3
- Last Round Series B — $11.6M
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First Round
First Round
(01 Jul 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series B - Corre Energy | Valuation |
investors |
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| Jun, 2021 | Amount | Series B - Corre Energy | Valuation | FIEE SGR |
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| Jul, 2019 | Amount | Grant - Corre Energy | Valuation |
investors |
Investors in Corre Energy
Corre Energy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and FIEE SGR.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Manages private equity funds for energy efficiency and renewable investments in Europe.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
Investments & Acquisitions by Corre Energy
Financial Statements - Corre Energy
Corre Energy Comparisons
Competitors of Corre Energy
Corre Energy 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 Hydrogenious LOHC Technologies, Hydrexia, H2Go Power, HDF Energy and Noble Gas Systems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Large-scale hydrogen storage solutions are provided via LOHC technology.
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| domain | founded_year | HQ Location |
Novel hydride materials are used for solid-state hydrogen storage solutions.
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| domain | founded_year | HQ Location |
Specializes in hydrogen generation and storage solutions for fuel cell applications.
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| domain | founded_year | HQ Location |
Hydrogen-based energy storage systems are developed for grid applications.
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| domain | founded_year | HQ Location |
Manufacturer of gas storage and delivery systems
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| domain | founded_year | HQ Location |
Hydrogen storage solutions are developed for renewable energy applications.
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Frequently Asked Questions about Corre Energy
Corre Energy was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Corre Energy is headquartered in Groningen, Netherlands. It is registered at Groningen, Groningen, Netherlands.
Keith Mcgrane is the current CEO of Corre Energy.
Corre Energy is a funded company, having raised a total of $35.98M across 3 funding rounds to date. The company's 1st funding round was a Grant of $5.01M, raised on Jul 01, 2019.
Corre Energy was founded in 2018 and is based in Groningen, Netherlands. Energy storage solutions are offered by the company to support operations in the oil and gas sector. Services focus on storage needs for this industry, with activities centered in the European energy market. The firm is led by CEO Keith McGrane, and its online presence is maintained through the domain corre.energy.
Corre Energy's top competitors include Hydrogenious LOHC Technologies, Noble Gas Systems and Hydrexia.
Corre Energy has 2 investors. Key investors include European Union, and FIEE SGR.