About HalioGEN Power
HalioGEN Power is an Energy & Utilities company based in Manchester (United Kingdom) founded in 2023 by Thanasis Stergiou, Daniel B Palme, and Andinet Ejigu. It operates as a membraneless redox flow batteries are provided for energy storage. HalioGEN Power has raised $3.26 million across 1 funding round. Its chief executive is Daniel B Palme. HalioGEN Power offers products and services including Membraneless Redox Flow Battery. Its focus areas include Energy Tech, Energy Storage Tech, Energy Storage System and Redox Flow. Its legal entity is HALIOGEN POWER LIMITED. Its competitors include VoltStorage, Allegro Energy, VisBlue, Primus Power and Xingchen New Energy and 4 more; 5 of its 9 listed competitors have raised funding.
Company details
HalioGEN Power was founded in 2023 in Manchester, United Kingdom. Membraneless redox flow batteries are developed and supplied by the company within the energy storage sector. Raw materials are employed in these batteries to support scalable operations. Low capital expenditure and operational expenditure requirements are achieved through this approach. The focus remains on practical applications for grid and industrial energy needs.
- Headquarters Manchester, United Kingdom
- Founders Thanasis Stergiou, Daniel B Palme, Andinet Ejigu
- SectorsEnergy & Utilities
- Website haliogen-power.com
- Social LinkedIn
- Legal Name Haliogen Power Limited
- Date of Incorporation 25 Oct, 2023
- Jurisdiction MANCHESTER, ENGLAND
- Total Equity Funding$3.26M (USD)
in 1 rounds
- Latest Funding Round$3.26M (USD), Series A
Jan 2024
Products & Services of HalioGEN Power
HalioGEN Power offers a comprehensive portfolio of products and services, including Membraneless Redox Flow Battery.
Provides reliable and efficient storage for renewable energy sources.
Funding Insights of HalioGEN Power
HalioGEN Power has successfully raised a total of $3.26M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.26 million completed in January 2024. 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 $3.26M
- Total Rounds 1
- Last Round Series A — $3.26M
- First Round $3.26M
(Jan 2024)
All 1 funding rounds of HalioGEN Power 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 |
|---|---|---|---|---|---|
| Jan 2024 | $3.26M | Series A | – | – | – |
People of HalioGEN Power
3 people are tracked at HalioGEN Power (3 in leadership).
| Name | Role | Group |
|---|---|---|
Thanasis Stergiou | Co-Founder & CCO | Leadership |
Daniel B Palme | Co-Founder & CEO | Leadership |
Andinet Ejigu | Co-Founder & CSO | Leadership |
Complete people profiles for HalioGEN Power
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Timeline of HalioGEN Power
2 dated milestones of HalioGEN Power across 1 years, from founding to its latest funding, stage changes and deals.
- Founded HalioGEN Power is founded.
- Funding First funding round of $3.3M.
Competitors of HalioGEN Power
HalioGEN Power has 9 listed competitors in our database, 5 of them funded. They include VoltStorage, Allegro Energy, VisBlue, Primus Power and Xingchen New Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| voltstorage.com | 2014 | Munich, Germany | $31.34M | 51 | Vanadium-redox flow battery-based energy storage units are provided. | |
| allegro.energy | 2021 | Newcastle, Australia | $16.11M | – | Energy storage services are provided for a zero-carbon economy. | |
| visblue.com | 2014 | Aarhus, Denmark | $3.27M | 19 | Battery storage system provider | |
| primuspower.com | 2009 | Hayward, United States | $92M | 18 | Zinc bromide flow battery storage is provided for energy applications. | |
| sne.tech | 2021 | Xicheng, China | $42.12M | – | Provider of energy storage solutions | |
| vsunenergy.com.au | 2016 | Perth, Australia | – | – | Provides vanadium flow batteries for energy storage and grid support applications. | |
| tianfuenergystorage.tcc.mode | 2022 | Chengdu, China | – | – | Provider of vanadium redox flow battery | |
| aredox.com | 2019 | Lyon, France | – | – | Designs and supplies patented energy storage systems using redox flow technology. | |
| proxhima.com | 2013 | Rome, Italy | – | – | Provides services for promoting products in defense, dredging, sensors, and water sectors internationally. |
Detailed competitors of HalioGEN Power
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- Full competitor set
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Top companies in Energy Storage Systems
10 companies that operate in the same segment as HalioGEN Power (Energy Storage Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
EV charging station network is operated for vehicle users. | 2017 | Munchen, Bayern, Germany | USD 791 M | – | – | |
Platform offering smart electric vehicle charging solutions | 2018 | London, England, United Kingdom | USD 63.18 M | – | – | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | – | 902 | |
Provider of electric vehicle charging solutions | 2009 | London, England, United Kingdom | USD 58.39 M | – | – | |
Monta is recognized as a provider of EV charging software solutions. | 2020 | Copenhagen, Denmark | USD 134.51 M | – | – | |
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Portable electric vehicle charging solutions are developed and provided. | 2014 | Boston, Massachusetts, United States | USD 104.86 M | – | 50 | |
Provider of solar integrated power storage system | 2010 | Wildpoldsried, Bavaria, Germany | USD 168.42 M | USD 132.91 M | – |
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Related news about Haliogen Power
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Frequently Asked Questions about HalioGEN Power
HalioGEN Power was founded in 2023 and raised its 1st funding round 1 year after it was founded.
HalioGEN Power is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Daniel B Palme is the current CEO of HalioGEN Power. They have also founded this company.
HalioGEN Power is a funded company, having raised a total of $3.26M across 1 funding round to date. The company's 1st funding round was a Series A of $3.26M, raised on Jan 2024.
HalioGEN Power was founded in 2023 in Manchester, United Kingdom. Membraneless redox flow batteries are developed and supplied by the company within the energy storage sector. Raw materials are employed in these batteries to support scalable operations. Low capital expenditure and operational expenditure requirements are achieved through this approach. The focus remains on practical applications for grid and industrial energy needs.
HalioGEN Power's top competitors include VoltStorage, Allegro Energy and VisBlue.
HalioGEN Power offers Membraneless Redox Flow Battery.
HalioGEN Power operates through Haliogen Power Limited.