EEL Energy

Paris, France Founded: 2011 • Age: 15 yrs
Tidal currents are harnessed by the EEL Tidal Energy Converter.
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About EEL Energy

EEL Energy is a company based in Paris (France) founded in 2011.. EEL Energy has raised $3.88 million across 6 funding rounds from investors including Bpifrance, European Union and EIC Fund. EEL Energy offers products and services including Hydrolienne, Technology Fluviale, and Technology Marine. EEL Energy operates in a competitive market with competitors including Nova Innovation, Verdant Power, Minesto, Tocardo and Sustainable Marine Energy, among others.

  • Headquarter Paris, France
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.88 M (USD)

    in 6 rounds

  • Latest Funding Round
  • Investors
    Bpifrance

    & 3 more

  • Employee Count
    Employee Count
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Products & Services of EEL Energy

EEL Energy offers a comprehensive portfolio of products and services, including Hydrolienne, Technology Fluviale, and Technology Marine. 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

Biomimetic system that converts water current energy into electricity.

Device for harnessing energy from river currents.

System to generate power from marine currents.

Funding Insights of EEL Energy

EEL Energy has successfully raised a total of $3.88M across 6 strategic funding rounds. 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 6
  • Last Round
  • First Round

    (15 Jun 2015)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2022 Amount Series A - EEL Energy Valuation

investors

May, 2020 Amount Grant - EEL Energy Valuation

investors

Dec, 2019 Amount Grant - EEL Energy 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 EEL Energy

EEL Energy has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Bpifrance, European Union and EIC Fund. 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
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Corporate consultancy, advisory, and funding services are provided to businesses.
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 EEL Energy

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 - EEL Energy

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

Eel Energy Comparisons

Employees
+
Add Comparison
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Competitors of EEL Energy

EEL 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 Nova Innovation, Verdant Power, Minesto, Tocardo and Sustainable Marine Energy, 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
Submerged turbine systems are provided for tidal energy conversion projects.
domain founded_year HQ Location
Tidal turbines are developed and manufactured for hydropower projects.
domain founded_year HQ Location
Tidal energy is harnessed through an underwater kite with turbine.
domain founded_year HQ Location
Manufacturer of tidal turbines
domain founded_year HQ Location
Manufactures tidal energy turbines for sustainable marine power generation.
domain founded_year HQ Location
Submerged tidal turbines for marine energy are developed and deployed.
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 Eel Energy

Frequently Asked Questions about EEL Energy

When was EEL Energy founded?

EEL Energy was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Where is EEL Energy located?

EEL Energy is headquartered in Paris, France.

Is EEL Energy a funded company?

EEL Energy is a funded company, having raised a total of $3.88M across 6 funding rounds to date. The company's 1st funding round was a Grant of $55.1K, raised on Jun 15, 2015.

What does EEL Energy do?

Founded in 2011 and based in Paris, France, operations focus on renewable energy within the tidal sector. Patented technology featuring a membrane that undulates under fluid pressure has been developed, converting motion into electricity. Several prototypes have undergone testing, with preparations made for open ocean trials. The domain eel-energy.fr supports ongoing activities in tidal energy conversion.

Who are the top competitors of EEL Energy?

EEL Energy's top competitors include Verdant Power, Minesto and Nova Innovation.

What products or services does EEL Energy offer?

EEL Energy offers Hydrolienne, Technology Fluviale, and Technology Marine.

Who are EEL Energy's investors?

EEL Energy has 4 investors. Key investors include Bpifrance, European Union, EIC Fund, and Frisquet.

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