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
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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Funding Insights of Loop Energy
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $7.6M
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First Round
First Round
(25 Mar 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Grant - Loop Energy | Valuation |
investors |
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| Mar, 2020 | Amount | Series A - Loop Energy | Valuation | Cummins |
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| Sep, 2019 | Amount | Series A - Loop Energy | Valuation | Cummins |
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| 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 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. 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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Venture capital firm focused on investing in clean tech sectors
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Founded Year | Domain | Location | |
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Provider of innovation, science and economic development services
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Founded Year | Domain | Location | |
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Manufacturer of gas-powered construction equipment
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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 Loop 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 - Loop 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 |
Loop Energy Comparisons
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. 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 |
Develops advanced membranes for hydrogen fuel cells and electrolyzer efficiency in energy sectors.
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| domain | founded_year | HQ Location |
Batteries are manufactured by FCEV in Baoding, China.
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| domain | founded_year | HQ Location |
Hydrogen fuel cell kits for electric vehicles are developed.
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| domain | founded_year | HQ Location |
Developer of fuel cell testing equipment and fuel cell stack
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| domain | founded_year | HQ Location |
Develops components for fuel cell technology in the energy sector.
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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 Loop Energy
Frequently Asked Questions about Loop Energy
When was Loop Energy founded?
Loop Energy was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Loop Energy located?
Loop Energy is headquartered in Burnaby, Canada. It is registered at Burnaby, British Columbia, Canada.
How many employees does Loop Energy have?
As of Dec 31, 2023, the latest employee count at Loop Energy is 134.
What does Loop Energy do?
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.
Who are the top competitors of Loop Energy?
Loop Energy's top competitors include Pragma Industries, Symbio and FCEV.
Who are Loop Energy's investors?
Loop Energy has 4 investors. Key investors include Cummins, Innovation, Science and Economic Development Canada, Sustainable Development Technology Canada, and Teralta.