About EODev
EODev is a company founded in 2017.. EODev has raised $73.2 million across 4 funding rounds from investors including CMA CGM, Toyota Motor Europe and Caphorn. EODev offers products and services including GEH₂, REXH₂, and BESSTIE®120. EODev operates in a competitive market with competitors including Lhyfe Heroes, Atawey and Paragon Mobility, among others.
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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 Energy Observer Developments
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Annual Revenue
$9.6 M (USD)684as on Dec 31, 2022
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Net Profit
$-10.76 M (USD)-76as on Dec 31, 2022
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EBITDA
$-12.05 M (USD)-81as on Dec 31, 2022
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Total Equity Funding
$73.2 M (USD)
in 4 rounds
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Latest Funding Round
$49.55 M (USD), Series C
Nov 15, 2023
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Investors
CMA CGM
& 4 more
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Employee Count
Employee Count
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Products & Services of EODev
EODev offers a comprehensive portfolio of products and services, including GEH₂, REXH₂, and BESSTIE®120. 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.
Zero-emission hydrogen generator for backup power in micro-grids.
On-board system for zero-emission maritime applications.
Battery energy storage system for sustainable energy applications.
Funding Insights of EODev
EODev has successfully raised a total of $73.2M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $49.55 million completed in November 2023. 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 Funding
- Total Rounds 4
- Last Round Series C — $49.6M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2023 | Amount | Series C - EODev | Valuation | TiLT Capital Partners | |
| Apr, 2021 | Amount | Series B - EODev | Valuation |
investors |
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| Sep, 2020 | Amount | Series B - EODev | Valuation |
investors |
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| 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 EODev
EODev has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include CMA CGM, Toyota Motor Europe and Caphorn. 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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TiLT Capital is focused on energy transition investments in Europe.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward startups by Caphorn.
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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 EODev
| 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 - EODev
| 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 |
Eodev Comparisons
Competitors of EODev
EODev 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 Lhyfe Heroes, Atawey and Paragon Mobility, 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 |
Platform connecting hydrogen buyers, sellers, and vendors for decarbonization efforts.
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| domain | founded_year | HQ Location |
On-site hydrogen-based energy storage for isolated sites is offered.
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| domain | founded_year | HQ Location |
Paragon Mobility is focused on providing mobile energy and charging solutions.
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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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Latest news on Eodev
Frequently Asked Questions about EODev
When was EODev founded?
EODev was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Is EODev a funded company?
EODev is a funded company, having raised a total of $73.2M across 4 funding rounds to date. The company's 1st funding round was a Series B of $23.65M, raised on Jun 01, 2019.
What is the annual revenue of EODev?
Annual revenue of EODev is $9.6M as on Dec 31, 2022.
What does EODev do?
EODev was founded in 2017 as a provider of hydrogen production equipment. Zero-emission generators such as GEH2 for general use, REXH2 for navigation applications, and STSH2 as a mobile refueling station are offered. Consulting and program management services are also available in the clean energy sector, supporting hydrogen infrastructure development.
Who are the top competitors of EODev?
EODev's top competitors include Atawey, Paragon Mobility and Lhyfe Heroes.
What products or services does EODev offer?
EODev offers GEH₂, REXH₂, and BESSTIE®120.
Who are EODev's investors?
EODev has 5 investors. Key investors include CMA CGM, Toyota Motor Europe, Caphorn, TiLT Capital, and Supernova Invest.