About Home Power Solutions
Home Power Solutions is a company based in Berlin (Germany) founded in 2014.. Home Power Solutions has raised $41.23 million across 7 funding rounds from investors including Santander Bank, NRW and WIWIN. The company has 111 employees as of December 31, 2020. Home Power Solutions operates in a competitive market with competitors including Plug Power, Intelligent Energy, EH Group Engineering, Ballard and Bramble Energy, among others.
- Headquarter Berlin, Germany
- Employees 111 as on 31 Dec, 2020
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Sectors
Energy & Utilities
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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
$15.78 M (USD)405as on Dec 31, 2021
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EBITDA
$-14.13 M (USD)-387as on Dec 31, 2021
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Total Equity Funding
$41.23 M (USD)
in 7 rounds
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Latest Funding Round
$23.41 M (USD), Series B
Jan 09, 2023
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Investors
Santander Bank
& 2 more
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Employee Count
111
as on Dec 31, 2020
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Funding Insights of Home Power Solutions
Home Power Solutions has successfully raised a total of $41.23M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $23.41 million completed in January 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 7
- Last Round Series B — $23.4M
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First Round
First Round
(19 Oct 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series B - Home Power Solutions | Valuation |
investors |
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| Jul, 2022 | Amount | Debt – Conventional - Home Power Solutions | Valuation |
investors |
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| Sep, 2021 | Amount | Grant - Home Power Solutions | 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 Home Power Solutions
Home Power Solutions has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Santander Bank, NRW and WIWIN. 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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Commercial banking services are offered in the United States.
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Founded Year | Domain | Location | |
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Government programs access and development services are provided by NRW.
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Founded Year | Domain | Location | |
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Crowdinvesting platform facilitating sustainable investments in energy and startups worldwide.
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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 Home Power Solutions
| 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 - Home Power Solutions
| 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 |
Home Power Solutions Comparisons
Competitors of Home Power Solutions
Home Power Solutions 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, Intelligent Energy, EH Group Engineering, Ballard and Bramble Energy, 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 |
Hydrogen-based fuel cells are manufactured for power applications.
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| domain | founded_year | HQ Location |
PEM fuel cell and CHP power systems developer
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| domain | founded_year | HQ Location |
Low-temperature solid oxide fuel cells are produced for CHP systems.
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| domain | founded_year | HQ Location |
Manufacturer of hydrogen fuel cells
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| domain | founded_year | HQ Location |
Hydrogen-based fuel cells are developed using printed circuit board technology.
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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 Home Power Solutions
Frequently Asked Questions about Home Power Solutions
When was Home Power Solutions founded?
Home Power Solutions was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Home Power Solutions located?
Home Power Solutions is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Home Power Solutions a funded company?
Home Power Solutions is a funded company, having raised a total of $41.23M across 7 funding rounds to date.
How many employees does Home Power Solutions have?
As of Dec 31, 2020, the latest employee count at Home Power Solutions is 111.
What does Home Power Solutions do?
Home Power Solutions was founded in 2014 in Berlin, Germany, within the renewable energy sector. Integrated systems for energy storage in power and heating applications are operated, incorporating solar panels, batteries, electrolyzers, and fuel cells. Solar power is directed to heat water, while excess energy is stored in batteries. Hydrogen is produced from this stored energy and converted by fuel cells into electricity and thermal output for residential use.
Who are the top competitors of Home Power Solutions?
Home Power Solutions's top competitors include Plug Power, Intelligent Energy and EH Group Engineering.
Who are Home Power Solutions's investors?
Home Power Solutions has 3 investors. Key investors include Santander Bank, NRW, and WIWIN.
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