About EEL Energy
EEL Energy is an Energy & Utilities company based in Paris (France) founded in 2011. It operates as a tidal currents are harnessed by the EEL Tidal Energy Converter. 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. Its focus areas include Energy Tech, Renewable Energy Tech, Marine Energy and Tidal. Its competitors include Nova Innovation, Verdant Power, Minesto, Tocardo and Sustainable Marine Energy and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Paris, France
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website eel-energy.fr
- Social LinkedIn X Facebook
- Total Equity Funding$3.88M (USD)
in 6 rounds
- InvestorsBpifrance
& 3 more
Products & Services of EEL Energy
EEL Energy offers a comprehensive portfolio of products and services, including Hydrolienne, Technology Fluviale, and Technology Marine.
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 $3.88M
- Total Rounds 6
- First Round $563,155
(Jun 2015)
- Investors Count 4
All 6 funding rounds of EEL Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | – | Series A | – | – | – |
| May 2020 | $55,502 | Grant | – | – | |
| Dec 2019 | $55,095 | Grant | – | – | |
| Dec 2016 | $3.9M | Grant | – | – | |
| Jun 2016 | $3.32M | Seed | – | – | |
| Jun 2015 | $563,155 | Seed | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Corporate consultancy, advisory, and funding services are provided to businesses. | 2012 | bpifrance.com | Maisons Alfort, France | |
Frisquet is recognized for premium heating solutions in France. | 1936 | frisquet.fr | France |
Investor details for EEL Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of EEL Energy
3 dated milestones of EEL Energy across 11 years, from founding to its latest funding, stage changes and deals.
- Founded EEL Energy is founded.
- Funding First funding round of $563K.
- Funding Latest funding round, Series A,.
Competitors of EEL Energy
EEL Energy has 9 listed competitors in our database, 7 of them funded. They include Nova Innovation, Verdant Power, Minesto, Tocardo and Sustainable Marine Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| novainnovation.com | 2010 | Edinburgh, United Kingdom | $3.72M | 36 | Submerged turbine systems are provided for tidal energy conversion projects. | |
| verdantpower.com | 2000 | New York, United States | $6.75M | 10 | Tidal turbines are developed and manufactured for hydropower projects. | |
| minesto.com | 2007 | Gothenburg, Sweden | $2.5M | – | Tidal energy is harnessed through an underwater kite with turbine. | |
| tocardo.com | 2008 | Den Oever, Netherlands | – | – | Manufacturer of tidal turbines | |
| sustainablemarine.com | 2012 | East Cowes, United Kingdom | $11.34M | 15 | Manufactures tidal energy turbines for sustainable marine power generation. | |
| sabella.bzh | 2008 | Quimper, France | $8.47M | – | Submerged tidal turbines for marine energy are developed and deployed. | |
| orbitalmarine.com | 2002 | Kirkwall, Scotland | $11.42M | – | Tidal turbine systems are developed for renewable energy generation. | |
| seaqurrent.com | 2013 | Grou, Netherlands | $4.76M | – | Tidal energy is harnessed via development of tidal kite systems. | |
| marineturbines.com | 1999 | Bristol, United Kingdom | – | – | Tidal power generators are developed for marine electricity production. |
Detailed competitors of EEL Energy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Renewable Energy Platforms
10 companies that operate in the same segment as EEL Energy (Renewable Energy Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Manufacturer of smart solar inverters | 2006 | Herzliya, Central District, Israel | USD 96.8 M | USD 1.18 B | 5,630 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 1,300 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | – | 902 | |
Full-end solar services are provided to residential and commercial sectors. | 2009 | Charleston, South Carolina, United States | USD 670.36 M | – | 749 | |
Micro-inverters and energy storage systems are manufactured for solar applications. | 2006 | Fremont, California, United States | USD 100.07 M | USD 1.47 B | 2,780 | |
Producer and supplier of green hydrogen | 2017 | Nantes, Pays De La Loire, France | USD 96.93 M | USD 11.48 M | 199 | |
Online platform for funding solar projects | 2015 | New York, New York, United States | USD 503.95 M | – | 30 | |
Provider of hydrogen production and storage solutions | 1927 | Oslo, Oslo, Norway | – | USD 95.55 M | 409 |
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Frequently Asked Questions about EEL Energy
EEL Energy was founded in 2011 and raised its 1st funding round 4 years after it was founded.
EEL Energy is headquartered in Paris, France.
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 Seed of $563.16K, raised on Jun 2015.
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.
EEL Energy's top competitors include Verdant Power, Minesto and Nova Innovation.
EEL Energy offers Hydrolienne, Technology Fluviale, and Technology Marine.
EEL Energy has 4 investors. Key investors include Bpifrance, European Union, EIC Fund, and Frisquet.