Loop Energy

Burnaby, Canada Founded: 2013 • Age: 13 yrs Acquired By Teralta
Hydrogen fuel cells for heavy-duty vehicles are developed.
Annual revenue - Latest available
Total funding - 4 rounds
Employees 134 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Loop Energy

Loop Energy is a company based in Burnaby (Canada) founded in 2013 was acquired by Teralta in December 2024. The company has 134 employees as of December 31, 2023. Loop Energy operates in a competitive market with competitors including Celadyne, FCEV, Symbio, Pragma Industries and Pemeas, among others.

  • Headquarter Burnaby, Canada
  • Employees 134 as on 31 Dec, 2023
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $7.58 M (USD), Grant

    May 02, 2022

  • Investors
    Cummins

    & 3 more

  • Employee Count
    134

    as on Dec 31, 2023

  • Acquired by
    Teralta

    (Dec 09, 2024)

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People of Loop Energy

Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Sophia Langlois, ICD.D, CPA-CA, CPHR
Corporate Director
People
Steve Johanson
Facilities and Equipment Maintenance Manager
People
David Leger
Founder
People
Avneet Kaur
Financial Accountant

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Funding Insights of Loop Energy

Investors in Loop Energy

Loop Energy has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Cummins, Innovation, Science and Economic Development Canada and Sustainable Development Technology Canada.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on investing in clean tech sectors
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Provider of innovation, science and economic development services
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Manufacturer of gas-powered construction equipment
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Investor details for Loop Energy

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Investments & Acquisitions by Loop Energy

Investments
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Investment portfolio details for Loop Energy

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  • Transaction dates
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Financial Statements - Loop Energy

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Detailed financials for Loop Energy

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Loop Energy Comparisons

Loop Energy Primary company
Description
Hydrogen fuel cells for heavy-duty vehicles are developed.
Location
Burnaby, Canada
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
134
As of 2023
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Peer comparison for Loop Energy

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Competitors of Loop Energy

Loop 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 Celadyne, FCEV, Symbio, Pragma Industries and Pemeas, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Develops advanced membranes for hydrogen fuel cells and electrolyzer efficiency in energy sectors.
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Batteries are manufactured by FCEV in Baoding, China.
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Hydrogen fuel cell kits for electric vehicles are developed.
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Developer of fuel cell testing equipment and fuel cell stack
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Develops components for fuel cell technology in the energy sector.
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Detailed competitors of Loop Energy

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Latest news on Loop Energy

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Complete news archive for Loop Energy

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Frequently Asked Questions about Loop Energy

Loop Energy was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Loop Energy is headquartered in Burnaby, Canada. It is registered at Burnaby, British Columbia, Canada.

As of Dec 31, 2023, the latest employee count at Loop Energy is 134.

Loop Energy was founded in 2013 in Burnaby, Canada, within the clean energy sector. Hydrogen fuel cells tailored for heavy-duty vehicles are developed, with products including fuel cell extenders and stacks. Patented eFlow technology is employed in the development process. Operations emphasize performance optimization and cost efficiency, supporting applications in transportation and logistics across North America.

Loop Energy's top competitors include Pragma Industries, Symbio and FCEV.

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