Home Power Solutions

Berlin, Germany Founded: 2014 • Age: 12 yrs
Integrated energy storage system for power and heating applications
Annual revenue - Latest available
Total funding $41.2M 7 rounds
Employees 111 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

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
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    $15.78 M (USD)
    405
    as on Dec 31, 2021
  • EBITDA
    -$14.13 M (USD)
    -387
    as on Dec 31, 2021
  • Total Equity Funding
    $41.23 M (USD)

    in 7 rounds

  • Latest Funding Round
    $23.41 M (USD), Series B

    Jan 09, 2023

  • Investors
  • Employee Count
    111

    as on Dec 31, 2020

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People of Home Power Solutions

Headcount 50-200
Employee Profiles 11
Board Members and Advisors 3
Employee Profiles
People
Carsten Swiatkowski
Head Of Product Development
People
Ronny Birresborn
Labview Software Entwickler
People
Jan Purucker
Team Lead System Integration And Testing
People
Victoria Thöle
Technical Architect (senior Java Developer)

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Board Members and Advisors
people
Hans-Peter Villis
Chairman
people
Paul Grunow
Deputy Chairman
people
Stefanie Spanagel
Board Member

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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.

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.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking services are offered in the United States.
Locked Locked Locked
Government programs access and development services are provided by NRW.
Locked Locked Locked
Crowdinvesting platform facilitating sustainable investments in energy and startups worldwide.
Locked Locked Locked
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Investor details for Home Power Solutions

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Home Power Solutions

Investments
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Investment portfolio details for Home Power Solutions

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Home Power Solutions

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Detailed financials for Home Power Solutions

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Home Power Solutions Comparisons

Home Power Solutions Primary company
Description
Integrated energy storage system for power and heating appli...
Location
Berlin, Germany
Founded Year
2014
Annual Revenue
Not available
Net Profit
$15.78 M (USD)
EBITDA
-$14.13 M (USD)
Employees
111
As of 2020
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Peer comparison for Home Power Solutions

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Hydrogen-based fuel cells are manufactured for power applications.
Locked Locked Locked
PEM fuel cell and CHP power systems developer
Locked Locked Locked
Low-temperature solid oxide fuel cells are produced for CHP systems.
Locked Locked Locked
Manufacturer of hydrogen fuel cells
Locked Locked Locked
Hydrogen-based fuel cells are developed using printed circuit board technology.
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Detailed competitors of Home Power Solutions

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Latest news on Home Power Solutions

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Complete news archive for Home Power Solutions

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Home Power Solutions

Home Power Solutions was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Home Power Solutions is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Home Power Solutions is a funded company, having raised a total of $41.23M across 7 funding rounds to date.

As of Dec 31, 2020, the latest employee count at Home Power Solutions is 111.

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.

Home Power Solutions's top competitors include Plug Power, Intelligent Energy and EH Group Engineering.

Home Power Solutions has 3 investors. Key investors include Santander Bank, NRW, and WIWIN.

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