About Gen2 Energy
Gen2 Energy is a company based in Skoppum (Norway) founded in 2019.. The company has 10 employees as of December 31, 2022. Gen2 Energy offers products and services including Green Hydrogen and Hydrogen Infrastructure. Gen2 Energy operates in a competitive market with competitors including e1 Marine, Mallawa Ventures, Hydrogen One, HydroGen and D2Zero, among others.
- Headquarter Skoppum, Norway
- Employees 10 as on 31 Dec, 2022
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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
*********
- Legal Name Gen2 Energy As
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Annual Revenue
$120.47 K (USD)-34as on Dec 31, 2022
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Net Profit
$-5.9 M (USD)-136as on Dec 31, 2022
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EBITDA
$-5.91 M (USD)-136as on Dec 31, 2022
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Latest Funding Round
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Investors
Vitol
& 1 more
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Employee Count
10
as on Dec 31, 2022
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Products & Services of Gen2 Energy
Gen2 Energy offers a comprehensive portfolio of products and services, including Green Hydrogen and Hydrogen Infrastructure. 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.
Sustainable hydrogen generated from renewables for clean energy applications
Development of systems for green hydrogen distribution and use
Funding Insights of Gen2 Energy
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Seed - Gen2 Energy | Valuation |
investors |
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| Apr, 2021 | Amount | Seed - Gen2 Energy | Valuation |
investors |
| 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 |
Investors in Gen2 Energy
Gen2 Energy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Vitol and Hoegh LNG. 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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LNG production and sea-based transportation services are provided.
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Founded Year | Domain | Location | |
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Oil processing, storage, and shipping services are provided 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 Gen2 Energy
| 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 - Gen2 Energy
| 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 |
Gen2 Energy Comparisons
Competitors of Gen2 Energy
Gen2 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 e1 Marine, Mallawa Ventures, Hydrogen One, HydroGen and D2Zero, 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 |
Marine hydrogen generation solutions from methanol and water are provided.
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| domain | founded_year | HQ Location |
An online platform delivering hydrogen-based energy solutions for businesses.
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| domain | founded_year | HQ Location |
Hydrogen generation solutions are provided via electrolysis and proprietary technologies.
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| domain | founded_year | HQ Location |
Provides comprehensive hydrogen and alternative energy supply solutions.
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| domain | founded_year | HQ Location |
Offers services for emissions reduction and renewable energy solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Gen2 Energy
Frequently Asked Questions about Gen2 Energy
When was Gen2 Energy founded?
Gen2 Energy was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Gen2 Energy located?
Gen2 Energy is headquartered in Skoppum, Norway. It is registered at Skoppum, Vestfold Og Telemark, Norway.
Who is the current CEO of Gen2 Energy?
Jonas Meyer is the current CEO of Gen2 Energy.
How many employees does Gen2 Energy have?
As of Dec 31, 2022, the latest employee count at Gen2 Energy is 10.
What is the annual revenue of Gen2 Energy?
Annual revenue of Gen2 Energy is $120.47K as on Dec 31, 2022.
What does Gen2 Energy do?
Gen2 Energy was established in 2019 in Skoppum, Norway, within the renewable energy sector. Green hydrogen technologies are utilized for sustainable energy production and distribution. Operations encompass development and supply of hydrogen-based solutions to support low-carbon transitions. The company is led by CEO Jonas Meyer, with activities primarily based in Norway to address regional and international energy demands.
Who are the top competitors of Gen2 Energy?
Gen2 Energy's top competitors include e1 Marine, Hydrogen One and Mallawa Ventures.
What products or services does Gen2 Energy offer?
Gen2 Energy offers Green Hydrogen and Hydrogen Infrastructure.