About Elcore
Elcore is a company based in Munchen (Germany) founded in 2000 by Manfred Stefener was acquired by Freudenberg in January 2018.. Elcore operates in a competitive market with competitors including Plug Power, Bloom Energy, FuelCell Energy, Elcogen and Blue World Technologies, among others.
- Headquarter Munchen, Germany
- Founders Manfred Stefener
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Freudenberg
(Jan 16, 2018)
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Funding Insights of Elcore
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Elcore
Elcore has secured backing from 1 investor. Prominent investors backing the company include Freudenberg. 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.
| Investor | Description | Founded Year | Domain | Location |
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Diversified operations are conducted across multiple industries globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Elcore
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Elcore
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elcore Comparisons
Competitors of Elcore
Elcore 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 Plug Power, Bloom Energy, FuelCell Energy, Elcogen and Blue World Technologies, 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 |
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| domain | founded_year | HQ Location |
Hydrogen-based fuel cells are manufactured for power applications.
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| domain | founded_year | HQ Location |
Provider of solid oxide fuel cell technology
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| domain | founded_year | HQ Location |
Online platform offering fuel cell-based solutions
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| domain | founded_year | HQ Location |
SOFC single cells and stacks are developed and manufactured.
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| domain | founded_year | HQ Location |
Methanol-based fuel cells are developed using high-temperature PEM technology.
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| domain | founded_year | HQ Location |
PEM fuel cell and CHP power systems developer
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Elcore
When was Elcore founded?
Elcore was founded in 2000.
Where is Elcore located?
Elcore is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Who is the current CEO of Elcore?
Manfred Stefener is the current CEO of Elcore. They have also founded this company.
What does Elcore do?
Developer of custom and standard sealing solutions for diverse industries. This company designs and manufactures a wide array of seals and components, addressing performance, power, friction, emissions, and material compatibility challenges. Services include collaborative design and validation of custom sealing systems. The product portfolio encompasses static seals, dynamic seals, and specialized sealing products, along with materials expertise and online tools for material selection and compatibility analysis. They also provide support services for engineers, maintenance managers, and supply chain professionals.
Who are the top competitors of Elcore?
Elcore's top competitors include Bloom Energy, Plug Power and Intelligent Energy.
Who are Elcore's investors?
Elcore has 1 investor. Key investors include Freudenberg.