Corre Energy

Groningen, Netherlands Founded: 2018 • Age: 8 yrs
Provider of energy storage services to oil and gas industry
Annual revenue - Latest available
Total funding $36.0M 3 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Energy & Utilities
  • 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
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$1.39 M (USD)
    0
    as on Dec 31, 2022
  • EBITDA
    Not available
  • Total Equity Funding
    $35.98 M (USD)

    in 3 rounds

  • Latest Funding Round
    $11.62 M (USD), Series B

    May 26, 2022

  • Investors
  • Employee Count
    Not available
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People of Corre Energy

Headcount 10-50
Employee Profiles 6
Board Members and Advisors 1
Employee Profiles
People
John OConnor
Head Of Corporate Finance
People
Klemens Martin Kaar
Project Development Director
People
Darren Patrick Green
President
People
Elaine Pentony
Corporate Travel Manager

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Board Members and Advisors
people
Rune Eng
Director

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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.

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.

All
Institutional
Investor Description Founded Year Domain Location
Manages private equity funds for energy efficiency and renewable investments in Europe.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Corre Energy

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by Corre Energy

Investments
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Investment portfolio details for Corre Energy

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Financial Statements - Corre Energy

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Detailed financials for Corre Energy

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Corre Energy Comparisons

Corre Energy Primary company
Description
Provider of energy storage services to oil and gas industry
Location
Groningen, Netherlands
Founded Year
2018
Annual Revenue
Not available
Net Profit
-$1.39 M (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for Corre Energy

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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
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Large-scale hydrogen storage solutions are provided via LOHC technology.
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Novel hydride materials are used for solid-state hydrogen storage solutions.
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Specializes in hydrogen generation and storage solutions for fuel cell applications.
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Hydrogen-based energy storage systems are developed for grid applications.
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Manufacturer of gas storage and delivery systems
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Hydrogen storage solutions are developed for renewable energy applications.
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Detailed competitors of Corre Energy

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Latest news on Corre Energy

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Complete news archive for Corre Energy

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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.

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.

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