About Elogen
Elogen is a company based in Orsay (France) founded in 2014.. Elogen offers products and services including Containerised Electrolysers, High Power Electrolysis Systems, and Services and Maintenance. Elogen operates in a competitive market with competitors including SunPower, Nel Hydrogen, Orsted, Northvolt and Lhyfe, among others.
- Headquarter Orsay, France
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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 Elogen
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Annual Revenue
$903.63 M (USD)816as on Dec 31, 2021
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Net Profit
$-1.02 B (USD)15as on Dec 31, 2021
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EBITDA
$907.52 M (USD)357as on Dec 31, 2021
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Latest Funding Round
$479.25 K (USD), Grant
Jan 25, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Elogen
Elogen offers a comprehensive portfolio of products and services, including Containerised Electrolysers, High Power Electrolysis Systems, and Services and Maintenance. 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.
Compact systems for producing green hydrogen using PEM technology.
Large-scale systems for hydrogen generation from renewable sources.
Ongoing support and upkeep for electrolysis equipment and operations.
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Funding Insights of Elogen
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $479,251
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First Round
First Round
(25 Jan 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2022 | Amount | Grant - Elogen | Valuation |
investors |
| 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 |
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Investors in Elogen
Elogen has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Elogen
| 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 - Elogen
| 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 |
Elogen Comparisons
Competitors of Elogen
Elogen 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 SunPower, Nel Hydrogen, Orsted, Northvolt and Lhyfe, 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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Silicon-based solar PV modules are manufactured for diverse applications.
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Provider of hydrogen production and storage solutions
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Power generation via bioenergy, thermal, and wind sources is offered.
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Lithium-ion batteries for electric vehicles are manufactured and optimized.
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Producer and supplier of green hydrogen
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Pressurized alkaline and solid oxide electrolysis products are manufactured.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Elogen
Frequently Asked Questions about Elogen
When was Elogen founded?
Elogen was founded in 2014 and raised its 1st funding round 8 years after it was founded.
Where is Elogen located?
Elogen is headquartered in Orsay, France. It is registered at Orsay, Essonne, France.
What is the annual revenue of Elogen?
Annual revenue of Elogen is $903.63M as on Dec 31, 2021.
What does Elogen do?
Elogen was founded in 2014 and is based in Orsay, France. Operations focus on the clean energy sector, where hydrogen generation solutions are delivered through PEM electrolysis processes. Containerised electrolysers and high-power electrolysis systems are included among the product offerings. Maintenance services are provided to support system reliability and performance. The company serves clients seeking sustainable hydrogen technologies across Europe.
Who are the top competitors of Elogen?
Elogen's top competitors include SunPower, Lhyfe and Nel Hydrogen.
What products or services does Elogen offer?
Elogen offers Containerised Electrolysers, High Power Electrolysis Systems, and Services and Maintenance.
Who are Elogen's investors?
Elogen has 1 investor. Key investors include European Union.