About myFC
myFC is a publicly listed company based in Stockholm (Sweden) founded in 2005. It operates as a micro fuel cells and portable chargers are developed by myFC. myFC has raised $6.7 million across 5 funding rounds from investors including European Commission, Vinnova and KTH Chalmers Capital. myFC offers products and services including Parasollfot med hjul, Glasvägg, and Diskbänk. Its focus areas include Energy Tech, Energy Storage Tech, Fuel Cell and Proton Exchange Membrane (PEM). Its competitors include Plug Power, Intelligent Energy, EH Group Engineering, Ballard and Bramble Energy and 4 more; 5 of its 9 listed competitors have raised funding.
Company details
myFC was founded in 2005 in Stockholm, Sweden, and operates within the fuel cell technology sector. Micro fuel cells are developed by the company, with multiple patents secured for proprietary shape-flexible systems offering varied power densities. A commercial portable charger has been produced using planar technology that achieves power density exceeding 600 mWcm. Operations focus on innovative energy solutions for portable applications.
- Total Equity Funding$6.7M (USD)
in 5 rounds
- Latest Funding Round$4.21M (USD), Post-IPO
Apr 2019
- InvestorsEuropean Commission
& 4 more
Products & Services of myFC
myFC offers a comprehensive portfolio of products and services, including Parasollfot med hjul, Glasvägg, and Diskbänk.
Mobile base for easy movement of large parasols in outdoor spaces.
Transparent walls that enhance light and openness in homes.
Durable sinks made from materials like stainless steel for daily use.
Funding Insights of myFC
myFC has successfully raised a total of $6.7M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $4.21 million completed in April 2019. 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 $6.7M
- Total Rounds 5
- Last Round Post-IPO — $4.21M
- Investors Count 5
All 5 funding rounds of myFC 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 |
|---|---|---|---|---|---|
| Apr 2019 | $4.21M | Post-IPO | – | – | – |
| Feb 2019 | $53,946 | Grant | – | – | |
| Feb 2016 | $524,140 | Grant | – | – | |
| Jul 2011 | $6.7M | Series A | – | – | |
| Jun 2006 | – | Seed | – | Sting | – |
5 investors in total: 5 institutional.
Investors in myFC
myFC has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include European Commission, Vinnova and KTH Chalmers Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is provided to Swedish companies across sectors. | 2001 | vinnova.se | Stockholm, Sweden | |
- | – | kthchalmerscapital.se | - | |
Private equity firm investing in multiple sectors | – | ap6.se | Stockholm, Sweden | |
Sting is recognized as a leading startup accelerator in the Nordics. | – | sting.co | Stockholm, Sweden | |
Institution of the European Union responsible for upholding the EU treaties | 1958 | ec.europa.eu | Brussels, Belgium |
Investor details for myFC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of myFC
3 dated milestones of myFC across 14 years, from founding to its latest funding, stage changes and deals.
- Founded myFC is founded.
- Funding First funding round.
- Funding Latest funding round, Post-IPO, of $4.2M.
Competitors of myFC
myFC has 9 listed competitors in our database, 5 of them funded. They include Plug Power, Intelligent Energy, EH Group Engineering, Ballard and Bramble Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| plugpower.com | 1997 | United States | – | 2,449 | Hydrogen-based fuel cells are manufactured for power applications. | |
| intelligent-energy.com | 2001 | Loughborough, United Kingdom | $212.64M | 175 | PEM fuel cell and CHP power systems developer | |
| ehgroup.ch | 2017 | Renens, Switzerland | $5.44M | – | Low-temperature solid oxide fuel cells are produced for CHP systems. | |
| ballard.com | 1979 | United States | – | – | Manufacturer of hydrogen fuel cells | |
| brambleenergy.com | 2015 | Crawley, United Kingdom | $57.24M | 25 | Hydrogen-based fuel cells are developed using printed circuit board technology. | |
| homepowersolutions.de | 2014 | Berlin, Germany | $41.23M | 111 | Integrated energy storage system for power and heating applications | |
| powercellgroup.com | 2008 | Gothenburg, Sweden | – | – | Hydrogen electric fuel cell stacks are developed and produced. | |
| genevos.com | 2018 | Lagord, France | $2.72M | – | Proton exchange membrane-based hydrogen fuel cells are provided for vessels. | |
| proton-motor.com | 1994 | Puchheim, Germany | – | 86 | Hydrogen fuel cell systems and fuel cell stacks |
Detailed competitors of myFC
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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 myFC (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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Frequently Asked Questions about myFC
myFC was founded in 2005 and raised its 1st funding round 1 year after it was founded.
myFC is headquartered in Stockholm, Sweden.
myFC is a funded company, having raised a total of $6.7M across 5 funding rounds to date.
myFC was founded in 2005 in Stockholm, Sweden, and operates within the fuel cell technology sector. Micro fuel cells are developed by the company, with multiple patents secured for proprietary shape-flexible systems offering varied power densities. A commercial portable charger has been produced using planar technology that achieves power density exceeding 600 mWcm. Operations focus on innovative energy solutions for portable applications.
myFC's top competitors include Plug Power, Intelligent Energy and EH Group Engineering.
myFC offers Parasollfot med hjul, Glasvägg, and Diskbänk.
myFC has 5 investors. Key investors include European Commission, Vinnova, KTH Chalmers Capital, AP6, and Sting.